Poverty Level Percentage Chart 2024

Poverty Level Percentage Chart 2024. Efforts to reduce poverty and income inequality have made significant progress in recent decades, with the percentage of the global population living in extreme poverty falling from about 36% in 1990 to 9.2% in 2022. Poverty is defined as not having enough income to meet basic needs.

Several overlapping global trends will make sustained poverty reduction harder to achieve over the coming decades. In 2024 hhs has set the federal poverty level for all contiguous 48 states, puerto rico, the district of columbia and all u.s.