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From the World Bank Group        
World Development Indicators 2007

Poverty Drops Below 1 Billion, says World Bank

WASHINGTON, April 15, 2007 Global poverty rates continued to fall in the first four years of the 21st century according to new estimates published in the World Development Indicators 2007, released today. The proportion of people living on less than $1 a day fell to 18.4 percent in 2004, leaving an estimated 985 million people living in extreme poverty. By comparison, the total number of extreme poor was 1.25 billion in 1990. Two-dollar-a-day poverty rates are falling too, but an estimated 2.6 billion people, almost half the population of the developing world, were still living below that level in 2004.

Developing countries have averaged a solid 3.9 percent annual growth in GDP per capita a year since 2000, which contributed to rapidly falling poverty rates in all developing regions over the past few years. Another key reason dollar-a-day poverty fell by over 260 million between 1990 and 2004 was China's massive poverty reduction over that period. Indeed, East Asia's extreme poverty rate dropped to 9 percent in 2004.

Press Release in Arabic (75k Word), Chinese (125k pdf), French (40k pdf), Portuguese (35k pdf) & Spanish (35k pdf)
Facts and Figures on Global Poverty (235k pdf)
Regional Backgrounders (1.1mb pdf) (35k pdf)

World Development Indicators 2007:
Introductory Information  Preface, Table of Contents, Users Guide ... (1.1mb PDF)
World View  Progress toward the Millennium Development Goals (1.7mb PDF)
People  Gender, health, and employment (3mb PDF)
Environment  Natural resources and environmental
changes (2.6mb PDF)
Economy  New opportunities for growth (3mb PDF)
States and Markets  Digital divide (2.1mbK PDF)
Global Links  Evidence on globalization (2.2mb PDF)
Primary Data Documentation  Documentation, Abbreviations, Bibliography ... (760k PDF)



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