Business and economics

India ranked 4th globally in income equality by World Bank, extreme poverty down to 2.3%:

Published on 28 Jul 2026

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India ranked 4th globally in income equality by World Bank, extreme poverty down to 2.3%:

The World Bank has ranked India as the 4th most income-equal society globally, with a Gini index of 25.5. The country also saw a sharp drop in extreme poverty, now down to 2.3% in 2022–23. Between 2011 and 2023, around 171 million Indians exited extreme poverty, showcasing significant strides in inclusive growth.

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