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World Development Indicators 2013 Released: although decreasing, there were 1.2 billion people still living on less than $1.25 a day

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WASHINGTON, April 18, 2013 — The 2013 edition of World Development Indicators (WDI), released today, includes the latest available data on global development, poverty, the quality of people's lives, the environment, the economy, the functioning of states and markets, and global links of finance, trade, and migration.
 
In particular, As World Bank Group President Jim Young Kim highlighted, new estimates of extreme poverty show there were 1.2 billion people still living on less than $1.25 a day in 2010, a decrease of 100 million since 2008. The global rate of extreme poverty fell to 20.6 percent, less than half the 1990 rate of 43.1 percent. Thus the world as a whole has met the first Millennium Development Goal. But many individual countries have made slower progress and may fall short of the target. Progress toward other Millennium Development Goals is documented in a special 17 page introduction to the WDI.

For a more detailed view on the data available see The World Bank web-site.
 

From
The World Bank
April 8th, 2013