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1. www.worldbank.org › en › topicPoverty Overview: Development news, research, data | World Bank

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   Oct 15, 2024 · Today, incomes around the world, on average, would have to increase five-fold to reach the level of $25 per person per day, the minimum prosperity standard for high-income countries. Around one-fifth of the world’s population lives in economies with high inequality, concentrated mostly in Latin America and Sub-Saharan Africa.

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     Measuring poverty and communicating poverty reduction...

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     Today, high levels of income or consumption inequality are...

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     Bangladesh has made substantial progress in reducing...

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2. blogs.worldbank.org › en › opendataSeptember 2024 global poverty update from the World Bank ...

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   Sep 20, 2024 · The World Bank’s Poverty and Inequality Platform (PIP) released updated global poverty estimates. By now, global extreme poverty has returned to pre-pandemic levels. However, low- and lower-middle-income countries have been less resilient, facing additional shocks from inflationary pressures following Russia’s invasion of Ukraine.

3. www.worldbank.org › en › publicationPoverty, Prosperity, and Planet Report 2024 - World Bank Group

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   The World Bank Group has set a clear mission: ending poverty and boosting shared prosperity on a livable planet. This report offers the first post-pandemic assessment of global progress toward these interlinked goals, and explores potential pathways out of today's polycrisis - an environment where multiple and interconnected challenges are impacting the world simultaneously.

4. blogs.worldbank.org › en › opendataMarch 2024 global poverty update from the World Bank: first ...

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   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.

5. data.worldbank.org › topic › povertyPoverty | Data - World Bank Data

   data.worldbank.org › topic › poverty

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   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 $ per day)

6. ourworldindata.org › povertyPoverty - Our World in Data

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   You can read more about how the World Bank sets these higher poverty lines, as well as the International Poverty Line against which it measures extreme poverty, in our article From $1.90 to $2.15 a day: the updated International Poverty Line. To the three poverty lines adopted officially by the World Bank – $2.15, $3.65 and $6.85 – we add a higher line broadly consistent with definitions ...

7. People also ask

   What is the World Bank's poverty & inequality Platform (PIP)?

   • The World Bank’s Poverty and Inequality Platform (PIP) released updated global poverty estimates. Depending on the availability of survey data, global and regional poverty data are reported up to 2022. For the first time, PIP also includes survey-level, regional and global poverty nowcasts up to the current year.

   September 2024 global poverty update from the World Bank: revised

   blogs.worldbank.org/en/opendata/september-2024-global-poverty-update-from-the-world-bank--revise

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   Why is global poverty falling?

   • It is still the case that global poverty has been falling since the 1990s, and at a slower rate since 2014 (World Bank 2022). Extreme poverty has been falling in all regions, except the Middle East and North Africa due to conflict and fragility (World Bank 2020).

   March 2023 global poverty update from the World Bank: the challenge of

   blogs.worldbank.org/en/opendata/march-2023-global-poverty-update-world-bank-challenge-estimating-poverty-pandemic

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   What is the international poverty line?

   • The International Poverty Line of $2.15 per day (in 2017 international-$) is the best known absolute poverty line and is used by the World Bank and the UN to measure extreme poverty around the world. The value of relative poverty lines instead rises and falls as average incomes change within a given country.

   Poverty - Our World in Data

   ourworldindata.org/poverty

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   What is global poverty?

   • It marks an incredibly low standard of living – a level of income much lower than just the cost of a healthy diet. Global poverty data relies on national household surveys that have differences affecting their comparability across countries or over time.

   Poverty - Our World in Data

   ourworldindata.org/poverty

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   How do we measure poverty globally?

   • To measure poverty globally, however, we need to apply a poverty line that is consistent across countries. This is the goal of the International Poverty Line of $2.15 per day – shown in red in the chart – which is set by the World Bank and used by the UN to monitor extreme poverty around the world.

   Poverty - Our World in Data

   ourworldindata.org/poverty

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   Why are poverty estimates not reported in Africa?

   • Note: Poverty estimates are not reported for Eastern and Southern Africa and Middle East and North Africa due to a limited survey data coverage of less than 50% of the regional population; however, the available data are incorporated into the poverty estimates for Sub-Saharan Africa and the world, respectively.

   March 2023 global poverty update from the World Bank: the challenge of

   blogs.worldbank.org/en/opendata/march-2023-global-poverty-update-world-bank-challenge-estimating-poverty-pandemic

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8. blogs.worldbank.org › en › opendataMarch 2023 global poverty update from the World Bank: the ...

   blogs.worldbank.org › en › opendata

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   Mar 29, 2023 · Note: Poverty estimates are not reported for Eastern and Southern Africa and Middle East and North Africa due to a limited survey data coverage of less than 50% of the regional population; however, the available data are incorporated into the poverty estimates for Sub-Saharan Africa and the world, respectively. Survey coverage for low- and lower-middle-income countries for 2019 is 78.8%.