June 8, 2025
Extreme poverty plummeted from 27.1% to 5.3% between 2011-12 and 2022-23! 🎉 This significant drop, based on the World Bank's updated poverty line, shows incredible progress in global poverty reduction. #GlobalPoverty #PovertyReduction #WorldBank
At World Bank’s raised poverty line of $3 a day, extreme poverty rate falls to 5.3% in 2022-23 from 27.1% in 2011-12