Approximately how many people live on less than $2 per day globally?

The choice of 700-800 million is supported by various global poverty assessments and statistics provided by organizations such as the World Bank and the United Nations. As of recent data, it is estimated that about 700 million individuals live on less than $2 per day, which is a common benchmark for extreme poverty. This measurement highlights the significant disparity in income and living conditions faced by people in developing regions.

Many factors contribute to this statistic, including economic challenges, inadequate access to education and healthcare, and ongoing conflicts that disrupt livelihoods. These conditions lead to a persistently high number of individuals living on extremely low incomes, reinforcing the need for targeted international policies and aid to alleviate poverty.

Other ranges, while possibly reflecting older or varying estimates, do not capture the current situation as accurately. Global efforts to address poverty continue to evolve, and understanding the magnitude of those living below such a low income threshold remains crucial for effective policy-making and humanitarian assistance.