Robust economic growth in the last 2 decades has lifted millions of Asians out of poverty. Yet, income disparities and unequal access to economic opportunities and social services remain an issue in Asia and the Pacific.
Figures from the Framework of Inclusive Growth Indicators 2012 (FIGI 2012), a special supplement to ADB'sKey Indicators for Asia and the Pacific 2012, show a mixed record of progress for the five regions of developing Asia (Central and West Asia, East Asia, South Asia, Southeast Asia, and the Pacific).
7.3%: The annualized growth rate of GDP per capita for developing Asia in 2005-2010. The rate is higher than the 6.1% recorded in 2000-2005 and was achieved despite the impact of the 2007-2008 global financial crisis.
49.8%: The percentage of the population living below $2 a day (purchasing power parity or PPP) in developing Asia in 2008, down from 81% in 1990.
29.8%: The poverty rate [based on a $2 a day (PPP) threshold] in the People's Republic of China (PRC) in 2008, down from 84.6% in 1990 and the lowest in East Asia, which is outperforming the other regions in poverty reduction. Poverty is still highest in South Asia, with 72.2% of the population living below $2 a day (PPP) in 2008, though this dropped from 83.2% in 1990.