Poverty Rate 1960-2024

Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.
  • poverty rate for 2022 was 8.60%, a 0.3% decline from 2021.
  • poverty rate for 2021 was 8.90%, a 1.4% decline from 2020.
  • poverty rate for 2020 was 10.30%, a 0.5% decline from 2019.
  • poverty rate for 2019 was 10.80%, a 0.6% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name % Under US $5.50 Per Day
Poverty Rate - Historical Data
Year % Under US $5.50 Per Day Change
2022 8.60% -0.30%
2021 8.90% -1.40%
2020 10.30% -0.50%
2019 10.80% -0.60%
2018 11.40% -1.10%
2017 12.50% -1.30%
2016 13.80% -0.70%
2015 14.50% 0.20%
2014 14.30% -0.50%
2013 14.80% -1.60%
2012 16.40% -1.00%
2011 17.40% -1.70%
2010 19.10% -1.40%
2009 20.50% -0.10%
2008 20.60% -4.40%
2007 25.00% -3.90%
2006 28.90% -3.70%
2005 32.60% -3.50%
2004 36.10% -4.90%
2003 41.00% -1.60%
2002 42.60% -3.00%
2001 45.60% -3.10%
2000 48.70% -3.70%
1999 52.40% 7.70%
1998 44.70% 0.50%
1997 44.20% -2.40%
1996 46.60% 3.80%
1995 42.80% -5.40%
1994 48.20% 4.00%
1993 44.20% 5.70%
1992 38.50% 4.30%
1991 34.20% 2.60%
1990 31.60% 31.60%
1989 0.00% 0.00%
1988 0.00% 0.00%
1987 0.00% 0.00%
1986 0.00% 0.00%
1985 0.00% 0.00%
1984 0.00% 0.00%
1983 0.00% 0.00%
1982 0.00% 0.00%
1981 0.00% 0.00%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%