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Aug 27, 2023 · Extreme poverty is defined by the UN as living on less than $2.15 a day. Why do we need a poverty line that is so extremely low? It is not enough to measure global poverty solely by a higher poverty line because a large number of people are living in extreme poverty.
Apr 2, 2024 · Around 700 million people live on less than $2.15 per day, the extreme poverty line. Extreme poverty remains concentrated in parts of Sub-Saharan Africa, fragile and conflict-affected areas, and rural areas.
Mar 26, 2024 · We estimate that COVID-19 increased extreme poverty in the world, as measured by the international poverty line of $2.15, from 8.9 percent in 2019 to 9.7 percent in 2020 (see Figure 1). This is the first increase in global poverty in decades.
Sep 13, 2023 · Over 330 million children worldwide living in extreme poverty. One in every six children is forced to survive on less than $2.15 a day, according to a new report from the UN Children’s Fund...
- 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...
Around 10 per cent of the world population (pre-pandemic) was living in extreme poverty and struggling to fulfil the most basic needs like health, education, and access to water and...
By the end of 2022, nowcasting suggested that 8.4 per cent of the world’s population, or as many as 670 million people, could still be living in extreme poverty.
