Congratulations, World. We’ve Almost Eliminated Poverty

The world is dominated by negative headlines. Single horrible events, like terrorist attacks or natural disasters. But, in the background, millions of people are making slow and steady progress making our world infinitely better than the world of our ancestors. 

One striking example is the global poverty rate. As recently as the 90s, the portion of humanity that lived in extreme poverty was well over half. Now? As of 2015, it’s estimated that fewer than one in ten people suffer through the same meager existence. The biggest gains have been in India and China, but the progress is truly global. 

It’s entirely possible that someone reading this post will see a world within their lifetime where almost no person ever has to wonder where their next meal is coming from.

Image By Jonathan McIntosh (Own work) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)%5D, via Wikimedia Commons


“In East Asia and Pacific the extreme poverty rate fell from 61 percent in 1990 to 7 percent in 2012, and in South Asia it fell from 51 percent to 19percent (figure 1a). In contrast, SubSaharan Africa‚Äôs extreme poverty rate did not fall below its 1990 level until 2002. Based on national growth rates over the past 10 years, the global extreme poverty rate is estimated to be below 10 percent in 2015, a drop of more than two-thirds since 1990.”
The World Bank

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