Less poverty than ever before

More people are coming out of poverty than ever before.

Ravallion (2016) updated with World Bank (2019)

The World Bank defines extreme poverty as living on less than $1.90 per day. Using this metric nearly in 1890 90% of the world lived in extreme poverty now it is less than 10%.

Between 1990 and 2015 over a billion people came out of extreme poverty.

We are more productive than ever before

As population has grown this has led to unbelievably more productivity. We produce far more with far less. This is pretty much all upside!

More productive = less environmental damage + less starvation

AND it is continuing to increase…

GDP Data Source: Maddison Project/World Bank