Poverty on the Decline: According to the World Bank, poverty is expected to fall in 80% of countries in 2025, marking the largest share of countries with declining poverty in a decade.
Nearly all countries in Europe and Central Asia (ECA), East Asia and Pacific (EAP), and Latin America and the Caribbean (LAC) recorded declines in poverty. These results are driven primarily by economic growth, which was positive for 81% of countries in 2024. This growth trend also extends to the years leading up to 2025. Between 2021and 2024, the average GDP growth rate was positive for 86% of countries.
Source: Human Progress
This topic was highlighted in Great News podcast episode 28
