World Bank Reports 37% Drop in Iran’s Poverty Headcount Ratio in Two Years

Date: 21 April 2024 - 22:40

News ID: ۱۲۶۴۸۱

TEHRAN – The World Bank has reported that the percentage of the Iranian population living below the poverty line has declined by 37% over the past two years.
The World Bank report is based on an extreme poverty line of $2.15 per person per day.
According to the report the Iranian population living below the poverty line accounted for 0.8% of the country’s population in 2020 when President Ebrahim Raisi took power.
One year into Raisi’s government in 2021, the percentage shrank to 0.7 and it further decreased to 0.5% in 2022.
The World Bank data indicates that the extreme poverty in Iran has declined by 37% in two years.
It also underscores that Iran’s poverty headcount ratio has posted a five-year low in 2022.