World Bank: Over 830 Million People Still Live in Extreme Poverty

DID Press: The World Bank, in a report marking the International Day for the Eradication of Poverty, has revealed that more than 831 million people worldwide continue to live in extreme poverty, surviving on less than three US dollars a day. The figures underscore growing uncertainty over the United Nations’ goal of ending global poverty by 2030.

According to the report, despite economic growth in some regions and ongoing sustainable development programs, a significant share of the world’s population still lacks basic living necessities. The World Bank estimates that 831 million people fall below the global poverty line, defined as earning less than $3 per day.

The United Nations, in a similar assessment, has set the same income threshold for extreme poverty and reiterated that poverty eradication remains one of the core pillars of its 2030 Sustainable Development Agenda.

The World Bank warned that multiple global crises—including wars, inflation, climate change, and pandemics—have slowed progress in reducing poverty. In several low-income countries, particularly in Africa and South Asia, poverty levels have not only stagnated but are rising again.

Economic experts stress that achieving the 2030 anti-poverty target will require substantial investments in education, healthcare, sustainable employment, and measures to reduce structural inequalities. Without stronger international cooperation and reforms to global economic policies, they warn, the goal may remain out of reach.