The IMF and the World Bank are holding their annual spring meetings this weekend and one of the main topics on the agenda is the fight against extreme poverty. On that occasion, the World Bank has released a yesterday, which contains some interesting data.
Astonishingly, according to the report, 64% of the world鈥檚 extremely poor population lives in just 5 countries, namely India, China, Nigeria, Bangladesh and the Democratic Republic of Congo. Our chart shows each of these countries鈥 share of the world鈥檚 poor population alongside the countries鈥 share of the total world population. Considering population as well, makes clear that the overall situation is much worse in India and Nigeria than it is in China. China accounts for 19% of the world鈥檚 population but for 鈥渙nly鈥 13% of the world鈥檚 poor population. With India it鈥檚 the other way around: 18% of the world's total population and 33% of the world's poorest population live in India.
64% of the World's Extremely Poor Live in Just 5 Countries

Description
This chart shows the 5 countries with the largest share of the world's extremely poor.



















