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Extreme Poverty in the World Is About to Hit a Record Low
We're one step closer to eradicating extreme poverty by 2030
Homes in the Metro-Mangueira community, or 'favela', in Rio de Janeiro, Brazil, on July 24.
Photographer: Mario Tama/Getty ImagesThis article is for subscribers only.
The number of people living in extreme poverty is set to fall to the lowest on record, according to the World Bank.
The proportion of the global population living on less than $1.90 per day will fall to 9.6 percent this year, the Washington-based development bank said in a report released Sunday.