India's extreme poverty rate drops from 27.1% to 2.6% The share of India's population living below $3 a day has dropped by 24.5 percentage points, from 27.1% in 2011 to 2.6% in 2023, according to World Bank data. 2015 2023 India: 27.1% 2.6% China: 2.9% 0% USA: 1.2% 1.2% Japan: 0.4% 1.2% UK: 0.3% 0.4% Germany: 0.1% 0.7% France: 0.1% 0.1% World: 13.4% 10.5% Note: India's comparison starts in 2011, while the other preliminary data is from 2015. The last years of data available vary by country. Source: The World Bank.