Total shortfall from extreme poverty in India
India: Total shortfall from extreme poverty was 12.12 billion international-$ in 2021 prices in 2022. ▼ Falling
Total shortfall from extreme poverty in India, 1977–2022
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2022, total shortfall from extreme poverty in India stood at 12.12 billion international-$ in 2021 prices. That is the lowest value across all 8 years on record.
That represents a change of down 83.4% over ten years.
Over the whole period, total shortfall from extreme poverty in India peaked at 137.38 billion international-$ in 2021 prices in 2004 and was at its lowest, 12.12 billion international-$ in 2021 prices, in 2022.
India ranks 5th of 120 countries on this measure, in the top 10%.
Total shortfall from extreme poverty in India, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1977 | 129.76 billion international-$ in 2021 prices | — |
| 1983 | 114.11 billion international-$ in 2021 prices | -12.1% |
| 1987 | 125.25 billion international-$ in 2021 prices | +9.8% |
| 1993 | 117.07 billion international-$ in 2021 prices | -6.5% |
| 2004 | 137.38 billion international-$ in 2021 prices | +17.3% |
| 2009 | 98.52 billion international-$ in 2021 prices | -28.3% |
| 2011 | 73.03 billion international-$ in 2021 prices | -25.9% |
| 2022 | 12.12 billion international-$ in 2021 prices | -83.4% |
India compared with similar countries
- India's 12.12 billion international-$ in 2021 prices is above the median for lower middle income countries, which is 746.36 million international-$ in 2021 prices, 16.2× the median. (29 countries reporting)
- India's 12.12 billion international-$ in 2021 prices is above the median for South Asia, which is 102.02 million international-$ in 2021 prices, 118.8× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 129.76 billion international-$ in 2021 prices | 129.76 billion international-$ in 2021 prices | 129.76 billion international-$ in 2021 prices | 1 |
| 1980s | 119.68 billion international-$ in 2021 prices | 114.11 billion international-$ in 2021 prices | 125.25 billion international-$ in 2021 prices | 2 |
| 1990s | 117.07 billion international-$ in 2021 prices | 117.07 billion international-$ in 2021 prices | 117.07 billion international-$ in 2021 prices | 1 |
| 2000s | 117.95 billion international-$ in 2021 prices | 98.52 billion international-$ in 2021 prices | 137.38 billion international-$ in 2021 prices | 2 |
| 2010s | 73.03 billion international-$ in 2021 prices | 73.03 billion international-$ in 2021 prices | 73.03 billion international-$ in 2021 prices | 1 |
| 2020s | 12.12 billion international-$ in 2021 prices | 12.12 billion international-$ in 2021 prices | 12.12 billion international-$ in 2021 prices | 1 |
Countries ranked near India
- 2 Mozambique 16.03 billion international-$ in 2021 prices compare
- 3 Ethiopia 14.38 billion international-$ in 2021 prices compare
- 4 Pakistan 14.32 billion international-$ in 2021 prices compare
- 6 Uganda 11.20 billion international-$ in 2021 prices compare
- 7 Tanzania 10.50 billion international-$ in 2021 prices compare
- 8 Madagascar 9.14 billion international-$ in 2021 prices compare
More poverty & inequality data for India
- Number of income/consumption surveys in the past decade available via the World Bank 1 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.98 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 3,632 kg per hectare (2024)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2024)
- Cereal yield vs extreme poverty, annual growth rate 0.8468 % change on previous year (2024)
- Tax revenues vs income inequality, gaps filled 17.32 (2023)
- Tax revenue as share of GDP vs. income inequality 17.3% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is total shortfall from extreme poverty in India?
- Total shortfall from extreme poverty in India was 12.12 billion international-$ in 2021 prices in 2022, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest total shortfall from extreme poverty recorded in India?
- The highest recorded value was 137.38 billion international-$ in 2021 prices in 2004.
- What is the lowest total shortfall from extreme poverty recorded in India?
- The lowest recorded value was 12.12 billion international-$ in 2021 prices in 2022.
- How does India rank for total shortfall from extreme poverty?
- India ranks 5th out of 120 countries with data for 2022.
- Is total shortfall from extreme poverty rising or falling in India?
- Over the last ten years it is down 83.4%. The long-run trend across the full record is falling.
- Where does this India data come from?
- The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Total shortfall from extreme poverty. Statizoid updates them automatically from the source API.
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About this data
This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.