Global Monitoring Report (World Bank)

The Global Monitoring Report was a joint World Bank and International Monetary Fund report that monitored how the world is doing in implementing the policies and actions for achieving the Millennium Development Goals (MDGs) and related development outcomes. Published annually since 2006, the report was discontinued in 2016.

Poverty forecasts

The October 2015 report notes that just over 900 million people (12.8 percent of the world population) were living in extreme poverty (less than $1.90 a day) in 2012, compared with 987 million (14.2 percent of the world population) in 2011. It also projects that by 2015 less than 10% of the world's population will fall under the poverty line.

The October 2015 report revised the official poverty line to $1.90 a day, from $1.25 previously.

The following tables[1] show that Sub-Saharan Africa has the highest percentage of extreme poverty, with 42.6% of its population living below $1.90 a day. Poverty rates are projected to decline in this region through 2030, but remain at very high levels.

Share of population below US$1.90 a day (2011 ppp)
Region 1990 1999 2011 2012 2015p
East Asia and Pacific60.637.58.57.24.1
Eastern Europe and Central Asia1.97.82.42.11.7
Latin America and the Caribbean17.813.95.95.65.6
Middle East and North Africa6.04.2---
South Asia50.641.822.218.813.5
Sub-Saharan Africa56.858.044.442.735.2
Developing world 44.434.316.514.911.9
World 37.129.114.112.79.6
Millions of people below US$1.90 a day (2011 ppp)
Region 1990 1999 2011 2012 2015p
East Asia and Pacific995.5689.4173.1147.282.6
Eastern Europe and Central Asia8.836.811.410.14.4
Latin America and the Caribbean78.271.135.333.729.7
Middle East and North Africa13.511.3---
South Asia574.6568.0361.7309.2231.3
Sub-Saharan Africa287.6374.6393.6388.8347.1
World 1,958.61,751.5983.3896.7702.1

Table notes and sources.[2]

The World Bank forecasts receive extensive media coverage.[3][4][5][6][7]

See also

  • World Economic Outlook (a similar IMF publication)

References

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