Poverty Level 2024 Percentage. Poverty can be cyclical, with lack of access to education, healthcare, and job opportunities perpetuating the inability to improve financial situations. World poverty rate for 2020 was 47.20%, a 0.8% increase from 2019.

According to the latest poverty statistics, approximately 9.2% of the global population, or about 700 million people, live in extreme poverty.  — for example, the rate of extreme poverty, as measured by the international poverty line of $2.15, increases by 1.9 percentage points to 10.5% for south asia and by 0.5 percentage points to 35.4% for sub.