Factsheet
This factsheet (updated in February 2023) provides an overview of poverty trends at the global, regional and national levels. It unpacks the terminology used to describe poverty and explains how it is measured. The factsheet tracks changes in extreme poverty and poverty measured at higher thresholds over time, highlighting how progress made between 1990 and 2019 was disrupted by the Covid-19 pandemic, inflation, conflict and climate shocks. It shows that while global poverty rates began to recover by 2022, progress towards ending extreme poverty by 2030 is now significantly off track.