The number of people living in extreme poverty is likely to fall to less than 10% of the global population in 2015. An updated international poverty line of $1.90 a day incorporates new information on differences in the cost of living across countries and preserves the real purchasing power of the previous $1.25 line.Read More »

In Bangladesh, multipurpose disaster centers serve as primary schools during normal weather. © Ismail Ferdous/The World Bank
Read about the challenges, milestones, and work of the World Bank during the past fiscal year in the Annual Report 2015.




The global poverty rate is projected to fall to 9.6% in 2015. New estimates released in the Global Monitoring Report show 702 million people living below $1.90 per day, the majority of them in Sub-Saharan Africa and South Asia.
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