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%.
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)
- 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)
- Tax revenue as share of GDP vs. income inequality 17.3% (2023)
- Gender Inequality Index 0.403 (2023)
- Lifespan inequality: Gini coefficient in women 0.1281 (2023)
- Lifespan inequality: Gini coefficient by sex 0.1281 (2023)
- Lifespan inequality: Gini coefficient in men 0.1407 (2023)
- Share of government consumption in GDP vs. share of population living in extreme poverty 7.4% (2023)
- Income inequality: Atkinson index 0.3736 (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.