Davos Agenda

A quarter of the world lives in 'societal poverty' - here's what that means

A girl looks from the window of her family's house, during the coronavirus disease (COVID-19) outbreak, in Buenos Aires, Argentina December 15, 2020. Picture taken December 15, 2020. REUTERS/Agustin Marcarian - RC22PK9MCBX2

Poverty remains rife all over the world. Image: REUTERS/Agustin Marcarian

Marta Schoch
Consultant, The World Bank
Dean Mitchell Jolliffe
Senior Economist, World Bank
Christoph Lakner
Economist in the Poverty and Equity Global Practice, The World Bank.
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Davos Agenda

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a graph showing the fall of extreme poverty and societal poverty have fallen in recent decades.
Both extreme poverty and societal poverty have fallen in recent decades. Image: PovcalNet, Poverty and Shared Prosperity 2020 / World Bank
a chart showing how global poverty is distributed among different regions
How global poverty is distributed among different regions. Image: PovcalNet, Poverty and Shared Prosperity 2020 / World Bank
a chart showing poerty rates by region since 1990-2018
Poverty rates in Sub-Saharan Africa and South Asia have fallen. Image: PovcalNet, Poverty and Shared Prosperity 2020 / World Bank
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