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Global poverty reduction has slowed to a near standstill. Today, almost 700 million people (8.5 percent of the global population) live in extreme poverty - on less than $2.15 per day. Progress has stalled amid low growth, setbacks due to COVID-19, and increased fragility. Poverty rates in low-income countries are higher than before the pandemic.
- Overview
Global poverty reduction has slowed to a near standstill,...
- Measuring Poverty
The international extreme poverty line is set at $2.15 per...
- Overview
Oct 15, 2024 · Global poverty reduction has slowed to a near standstill, with 2020-2030 set to be a lost decade. 8.5 percent of the global population – almost 700 million people – live today on less than $2.15 per day, the extreme poverty line relevant for low-income countries. Three-quarters of all people in extreme poverty live in Sub-Saharan Africa or ...
Income share held by third 20%. Population living in slums (% of urban population) Poverty gap at $2.15 a day (2017 PPP) (%) Poverty headcount ratio at $2.15 a day (2017 PPP) (% of population) Poverty headcount ratio at national poverty lines (% of population) Survey mean consumption or income per capita, bottom 40% of population (2017 PPP ...
- Where Is This Data Sourced from?
- About The Comparability of Household Surveys
- Income vs Expenditure Surveys
- Other Comparability Issues
- Global and Regional Poverty Estimates
- Absolute vs Relative Poverty Lines
This data explorer is collated and adapted from the World Bank’s Poverty and Inequality Platform(PIP). The World Bank’s PIP data is a large collection of household surveys where steps have been taken by the World Bank to harmonize definitions and methods across countries and over time.
There is no global survey of incomes. To understand how incomes across the world compare, researchers need to rely on available national surveys. Such surveys are partly designed with cross-country comparability in mind, but because the surveys reflect the circumstances and priorities of individual countries at the time of the survey, there are som...
One important issue is that the survey data included within the PIPdatabase tends to measure people’s income in high-income countries, and people’s consumption expenditure in poorer countries. The two concepts are closely related: the income of a household equals their consumption plus any saving, or minus any borrowing or spending out of savings. ...
There are a number of other ways in which comparability across surveys can be limited. The PIP Methodology Handbookprovides a good summary of the comparability and data quality issues affecting this data and how it tries to address them. In collating this survey data the World Bank takes a range of steps to harmonize it where possible, but comparab...
Along with data for individual countries, the World Bank also provides global and regional poverty estimates which aggregate over the available country data. Surveys are not conducted annually in every country however – coverage is generally poorer the further back in time you look, and remains particularly patchy within Sub-Saharan Africa. You can...
This dataset provides poverty estimates for a range of absolute and relative poverty lines. An absolute poverty line represents a fixed standard of living; a threshold that is held constant across time. Within the World Bank’s poverty data, absolute poverty lines also aim to represent a standard of living that is fixed across countries (by converti...
Oct 15, 2024 · The international extreme poverty line is set at $2.15 per person per day using 2017 prices. This means that anyone living on less than $2.15 a day is in extreme poverty. Almost 700 million people globally were living in extreme poverty in 2024. Around 3.5 billion people (44 percent of the global population) remain poor by a standard that is ...
Global poverty estimates were updated today on the World Bank's Poverty and Inequality Platform (PIP). More than 100 new surveys were added to the PIP database, bringing the total number of surveys to more than 2,300. With more recent survey data, this March 2024 PIP update is the first to report a global poverty number for 2020-2022, the period of the COVID-19 pandemic.
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What you should know about this indicator. A poverty line of $30 a day represents definitions of national poverty lines in high-income countries. The data is measured in international-$ at 2017 prices – this adjusts for inflation and for differences in the cost of living between countries. Depending on the country and year, the data relates ...
