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    Appan Kandala Vasudevachary
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    The document projects rates of extreme poverty, defined as living on less than $1.25 per day, across various world regions from 1990 to 2020. It finds that the percentage and number of extremely poor people has declined significantly in East Asia and the Pacific but remains highest in Sub-Saharan Africa and South Asia. By 2020, over 10% of the developing world's population is projected to still live in extreme poverty, with nearly 250 million people in South Asia and over 380 million in Sub-Saharan Africa below the $1.25 per day threshold.

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    The document projects rates of extreme poverty, defined as living on less than $1.25 per day, across various world regions from 1990 to 2020. It finds that the percentage and number of extremely poor people has declined significantly in East Asia and the Pacific but remains highest in Sub-Saharan Africa and South Asia. By 2020, over 10% of the developing world's population is projected to still live in extreme poverty, with nearly 250 million people in South Asia and over 380 million in Sub-Saharan Africa below the $1.25 per day threshold.

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    2 views2 pages

    Poverty Forecasts: Research Group of The World Bank

    Uploaded by

    Appan Kandala Vasudevachary
    The document projects rates of extreme poverty, defined as living on less than $1.25 per day, across various world regions from 1990 to 2020. It finds that the percentage and number of extremely poor people has declined significantly in East Asia and the Pacific but remains highest in Sub-Saharan Africa and South Asia. By 2020, over 10% of the developing world's population is projected to still live in extreme poverty, with nearly 250 million people in South Asia and over 380 million in Sub-Saharan Africa below the $1.25 per day threshold.

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    Poverty Forecasts

    Table 1: Extreme poverty by region


    % of population below US$1.25 a day (2005 PPP)

    Projectio

    Region

    1990

    2005

    2008

    2010

    2011

    2015

    2020

    East Asia and Pacific

    58.2

    16.7

    13.7

    10.3

    7.9

    4.1

    1.5

    Eastern Europe and Central Asia

    1.5

    1.3

    0.4

    0.6

    0.5

    0.3

    0.2

    Latin America and the Caribbean

    12.0

    7.4

    5.4

    4.8

    4.6

    4.3

    3.8

    Middle East and North Africa

    5.8

    3.0

    2.1

    1.7

    1.7

    2.0

    1.8

    South Asia

    53.2

    39.3

    34.1

    29.0

    24.5

    18.1

    13.8

    Sub-Saharan Africa

    56.6

    52.8

    49.7

    48.2

    46.8

    40.9

    34.2

    Total (developing world)

    43.5

    24.8

    21.8

    19.1

    17.0

    13.4

    10.5

    Total

    36.4

    21.1

    18.6

    16.3

    14.5

    11.5

    9.1

    Millions of people below US$1.25 a day (2005 PPP)

    Projectio

    Region

    1990

    2005

    2008

    2010

    2011

    2015

    2020

    East Asia and Pacific

    957.1

    324.1

    272.3

    207.1

    160.8

    86.4

    31.3

    Eastern Europe and Central Asia

    7.1

    6.0

    2.0

    2.9

    2.3

    1.3

    0.8

    Latin America and the Caribbean

    52.7

    41.0

    31.0

    28.3

    27.6

    26.8

    24.8

    Middle East and North Africa

    13.1

    9.0

    6.5 c

    5.5 c

    5.6 c

    7.3

    7.0

    South Asia

    603.2

    589.0

    532.7

    465.3

    399.0

    310.6

    249.6

    Sub-Saharan Africa

    287.1

    399.1

    406.8

    416.4

    415.4

    403.2

    382.9

    Total

    1920.2

    1368.1

    1251.4

    1125.5

    1010.7

    835.5

    696.4

    Source: World Bank staff calculations on poverty and poverty projections from PovcalNet database, the on-line tool for poverty measurement developed by
    the Development Research Group of the World Bank.

    See http://iresearch.worldbank.org/PovcalNet/index.htm for additional information and data. The source of growth projections used to generate the poverty
    projections for 2015, 2020, and 2030, is DEC staff calculations (World Bank 2014a).

    a. The statistic for 2030 is 0.11 for East Asia and Pacific. It has been rounded to 0.1 in the table.

    b. The statistic for 2030 is 0.06 for Europe and Central Asia. It has been rounded to 0.1 in the table.

    c. Refers to the numbers that are provisional because survey coverage is less than 50 percent of population in the region.

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