Income Poverty Still Falling, but More Slowly

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Julia Tier
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Income Poverty Still Falling, but More Slowly

WASHINGTON - The share of people living in extreme poverty-on less than $1.25 a
day-is expected to fall slightly this year, declining from 21.3 percent
in 2008 to 20.7 in 2009, according to the latest Vital Signs Update.
Despite these gains, the economic crisis is slowing recent progress in
reducing the number of people around the world living in extreme
poverty.

According to the latest Vital Signs poverty update:

  • The global recession will cause anywhere from 55
    million to 90 million more people to remain in poverty in 2009 than
    would otherwise have been the case.
  • The number of chronically hungry people is expected to top 1 billion in 2009, up from 850 million in 2007.

  • By one estimate, agricultural productivity losses associated with
    climate change could increase the number of people suffering from
    malnutrition by 600 million by 2080.

This new poverty update includes the latest figures on the share of the
world population living in extreme poverty and a 2008-2009 poverty
outlook by region.

Read the Vital Signs analysis, "Income Poverty Still Falling, but More Slowly" by Hilary French.

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The Worldwatch Institute is an independent research organization recognized by opinion leaders around the world for its accessible, fact-based analysis of critical global issues. Its mission is to generate and promote insights and ideas that empower decision makers to build an ecologically sustainable society that meets human needs.

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