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World Poverty Clock : Data

World Poverty Clock: Data

According to the latest data from the World Poverty Clock, India has successfully reduced the proportion of its population living in ‘extreme poverty’ to below 3%.

  • It signifies a substantial step towards accomplishing the first of the 17 Sustainable Development Goals (SDGs) set by the United Nations, with the target year of 2030.

Key Findings of the World Poverty Clock:

  • The World Poverty Clock tracks real-time poverty estimates until 2030 for almost all countries, monitoring progress toward ending extreme poverty.
  • The Clock shows the worldwide number of people in extreme poverty, sorting them by age, gender, and rural or urban residency, capturing both those escaping poverty and those falling into it every second.
  • The escape rate calculates the current rate of poverty reduction in the world.
  • It is backed by the International Fund for Agricultural Development (IFAD) and Germany’s Federal Ministry for Economic Cooperation and Development.