The global poverty trends has been discussed below: The poverty ratio in developing countries according to the international poverty line definition by the World Bank, has reduced from 28% in 1990 to 21% in 2001. However there is a presence of great disparity in the global poverty scenario. Massive investments in the human resource development and rapid economic growth resulted in the decline of poverty ratio in China and the South East Asian countries. In China the total number of poor reduced from 606 million in 1981 to 212 million in 2001. However in other South Asian countries the decline has not been very rapid with the number of poor declining only marginally from 475 million in 1981 to 428 million in 2001, and in Sub-Saharan Africa the poverty ratio rose from 41% to 46% in the twenty year span. While in Latin America the poverty ratio remained same, in Russia where poverty was officially non-existent, we saw it resurfacing. Poverty in India is higher than the national estimates. The millennium development goals of the United Nations calls for reducing the proportion of people living below the International Poverty Line to half the 1990 level by 2015.
Global poverty trends over the years
Global poverty scenario
Some of the learners also asked: What proportion of people was living in extreme poverty in the developing countries in 1990?