India’s Extreme Poverty Rate Falls From 27.1% to 2.6%

The share of India’s population living below $3 a day fell by 24.5 percentage points, from 27.1% in 2011 to 2.6% in 2023, according to World Bank data.

 2015 → 2023

 India: 27.1% → 2.6%
 China: 2.9% → 0%
 U.S.: 1.2% → 1.2%
 Japan: 0.4% → 1.2%
 UK: 0.3% → 0.4%
 Germany: 0.1% → 0.7%
 France: 0.1% → 0.1%
 World: 13.4% → 10.5%

Source: World Bank