explain global poverty trends
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The proportion of people in developing countries living in extreme economic poverty i.e. on less than $ 1 per day as defined by World Bank has fallen from 28% in 1990 to 21% in 2001. (d) In the Sub Saharan Africa, poverty rose from 41% in 1981 to 46% in 2001
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=>>In 2021 an estimated 698 million people, or 9% of the global population, are living in extreme poverty – that is, living on less than $1.90 a day. ... An estimated 1.1 billion people, or 16% of the global population, lived in extreme poverty in 2010 and almost two billion in 1990.
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