What is the $2.15 poverty line, and based on this new measure, how many people are living in extreme poverty in the world?

The new international poverty line is set at $2.15 (2017 PPP). Based on this new measure, the global extreme poverty rate for 2019 (the last year for which we have global poverty data) will decrease marginally, from 8.7% to 8.4%, reducing the count of people who live in extreme poverty by 20 million and bringing the total to 648 million. 

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