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Social Development and Poverty

ADB’s central mission is working to reduce poverty in Asia and the Pacific and to ensure the benefits of economic growth and social development are equitably spread.

  • Social development inequality
     

    Over 200 million people in the region lived on less than $1.90 a day and around 1 billion on less than $3.20 a day in 2017. Inequality continues to grow.

  • Local governance
     

    Strong growth and social development have led to the region rapidly aging, with important economic and social consequences.

  • Extreme poverty in developing Asia
     

    The COVID-19 pandemic has pushed around 78 million people back into extreme poverty and created 168 million newly poor people, particularly in South Asia.

  • Population living on less than $1.90 a day in developing Asia

    In 2017, 203 million people lived on less than $.190 a day in developing Asia.

  • Population aged 65 and older,
    1950-2050

    From 1950-2050, there are high population numbers that have led to rapid aging in the region.

  • Number of extremely poor
    in developing Asia
    (in millions)

    Number of extremely poor in developing Asia (COVID-19 projections)

    Large numbers of people are constantly at risk of falling back into extreme poverty during economic downturns and shocks such as the COVID-19 pandemic.

 In-Depth

Poverty reduction is central to ADB’s work and is the focus of Strategy 2030's first operational priority. ADB’s focus on inclusion to ensure the benefits of growth are extended to all, has contributed to regional poverty reduction for more than half a century. ADB’s program for social protection support aims to reduce poverty and vulnerability by promoting efficient labor markets, diminishing risk, and protecting against loss of income. Through its growing health and social protection portfolio, ADB pays particular attention to the long-term care and health of the region’s rapidly aging population.


Our Impact

Results delivered in 2021 from ADB projects.

0 million

Poor and vulnerable people
with improved living standards

0 million

People benefitting from improved health/education services, or social protection

0 million

Jobs generated