New Study Finds 1 In 5 People Still Live In Extreme Poverty
A new Gallup study finds some 22 percent of Earth’s occupants live in extreme poverty, defined by the World Bank as living on less than $1.25 a day. The global poverty rate has been halved in the past 20 years, but it’s still far from the World Bank’s goal of cutting extreme poverty to 3 percent by 2030. The study, which drew its conclusions by analyzing self-reported income, showed that 54 percent of sub-Saharan Africa lives in extreme poverty. By contrast, in the U.S., it’s less than one percent.