Summary
The share of people living on less than four dollars a day fell dramatically.
Job numbers grew, especially for women in the countryside.
Some regions still have many poor families, so more work is needed.
Key Points
4 points1
Approximately 496 million people moved out of extreme poverty from 2011 to 2023.
2
Extreme‑poverty rate dropped from 27.1 % to 2.6 %.
3
People below the United States dollars 4.20‑a‑day threshold fell from 57.7 % to 16.1 %.
4
Employment increased by about 134 million jobs, with many new jobs for rural women.
New Words to Learn
8 wordsextreme poverty
when people cannot afford basic things like food, clothing, and a safe place to live
consumption
the amount of goods and services people buy and use
subsidies
money the government gives to lower the price of important items such as food
multidimensional
having many different sides or factors
disparities
large differences between groups or areas
microsimulations
small computer experiments that try to guess future results
macro-economic
big‑scale ideas about a country's overall economy
productivity
how efficiently work gets done
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