World Bank reports 37% drop in Iran’s poverty headcount ratio in two years
recent report by the World Bank suggests that the percentage of the Iranian population living below the poverty line has declined by 37% over the past two years.
RoydadNaft –recent report by the World Bank suggests 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.
