Case Study

Interpreting Global Poverty Data

An economist is analyzing global development data. They note the following two facts:

  • Fact 1: In 1990, the world population was approximately 5.3 billion, and an estimated 1.9 billion people lived in extreme poverty.
  • Fact 2: In 2020, the world population had grown to approximately 7.8 billion, and an estimated 650 million people lived in extreme poverty.

Based only on the information provided, what conclusion can be drawn about the overall global trend of extreme poverty between 1990 and 2020? Explain your reasoning by referencing the data.

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Updated 2025-09-15

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