Publication: September 2024 Update to the Poverty and Inequality Platform (PIP): What’s New
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Date
2024-10-11
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Published
2024-10-11
Author(s)
Aron, Danielle V.
Castaneda Aguilar, R. Andres
Diaz-Bonilla, Carolina
Fujs, Tony H. M. J.
Garcia R., Diana C.
Hill, Ruth
Jularbal, Lali
Lara Ibarra, Gabriel
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Abstract
The September 2024 update to the Poverty and Inequality Platform (PIP) introduces several changes to the data underlying the global poverty estimates. This document details these changes and the methodological reasons behind them. The database now includes 16 new country-years, bringing the total number of surveys to nearly 2,400. This update incorporates new methodologies for measuring global poverty and introduces new indicators of shared prosperity: A Prosperity Gap and the number of economies with high income inequality. It also incorporates two new analytical dashboards: growth incidence curves and poverty decompositions. Depending on the availability of recent survey data, global and regional poverty estimates are reported up to 2022. For the first time, PIP also includes country-level, regional, and global poverty nowcast estimates up to 2024. The September 2024 PIP update presents the poverty and inequality data underlying the forthcoming World Bank’s Poverty, Prosperity, and Planet Report 2024.
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“Aron, Danielle V.; Castaneda Aguilar, R. Andres; Diaz-Bonilla, Carolina; Fujs, Tony H. M. J.; Garcia R., Diana C.; Hill, Ruth; Jularbal, Lali; Lakner, Christoph; Lara Ibarra, Gabriel; Mahler, Daniel G.; Nguyen, Minh C.; Nursamsu, Samuel; Sabatino, Carlos; Sajaia, Zurah; Seitz, William; Sjahrir, Bambang Suharnoko; Tetteh-Baah, Samuel K.; Viveros Mendoza, Martha C.; Winkler, Hernán; Wu, Haoyu; Yonzan, Nishant. 2024. September 2024 Update to the Poverty and Inequality Platform (PIP): What’s New. Global Poverty Technical Note; No. 39. © World Bank. http://hdl.handle.net/10986/42240 License: CC BY-NC 3.0 IGO.”
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Publication September 2023 Update to the Poverty and Inequality Platform (PIP)(World Bank, Washington, DC, 2023-10-11)The September 2023 update to the Poverty and Inequality Platform (PIP) involves several changes to the data underlying the global poverty estimates. In particular, some welfare aggregates have been revised, and the CPI, national accounts, and population input data have been updated. This document explains these changes in detail and the reasoning behind them. Moreover, 63 new country-years have been added, bringing the total number of surveys to more than 2,200. Global poverty estimates are reported up to 2019 and earlier years have been revised. Regional poverty estimates in 2020 and 2021 are reported only for regions with sufficient survey data coverage during the COVID-19 pandemic.Publication June 2025 Update to the Poverty and Inequality Platform (PIP)(Washington, DC: World Bank, 2025-06-11)The June 2025 update to the Poverty and Inequality Platform (PIP) introduces several important changes to the data underlying the global poverty estimates. The most important change is the adoption of the 2021 Purchasing Power Parities (PPPs). In addition, new data for India has been incorporated and the existing series adjusted for comparability. This document details the changes to underlying data and the methodological reasons behind them. Depending on the availability of recent survey data, global and regional poverty estimates are reported up to 2023, together with nowcasts up to 2025. The PIP database now includes 74 new country-years, bringing the total number of surveys to over 2,400, for 172 economies.Publication March 2024 Update to the Poverty and Inequality Platform (PIP)(Washington, DC: World Bank, 2024-04-01)The March 2024 update to the Poverty and Inequality Platform (PIP) involves several changes to the data underlying the global poverty estimates. In particular, some welfare aggregates have been revised, and the CPI, national accounts, and population input data have been updated. This document explains these changes in detail and the reasoning behind them. Moreover, 101 new country-years have been added, bringing the total number of surveys to more than 2,300. Depending on the availability of recent survey data, global and regional poverty estimates are reported up to 2022. This is the first time PIP is reporting global poverty estimates post-2019, covering the period of the COVID-19 pandemic.Publication September 2022 Update to the Poverty and Inequality Platform (PIP)(World Bank, Washington, DC, 2022-09)The September 2022 update to the Poverty and Inequality Platform (PIP) involves two changes to the data underlying the global poverty estimates. First, this update adopts the 2017 Purchasing Power Parities (PPPs) as announced by the World Bank in May 2022. Second, this update includes five new rounds of survey data for India, making it possible to monitor poverty in the country between 2015 and 2019. This document explains these changes in detail and the reasoning behind them.Publication April 2022 Update to the Poverty and Inequality Platform (PIP)(World Bank, Washington, DC, 2022-04)The April 2022 update to the newly launched Poverty and Inequality Platform (PIP) involves several changes to the data underlying the global poverty estimates. Some welfare aggregates have been changed for improved harmonization, and the CPI, national accounts, and population input data have been updated. This document explains these changes in detail and the reasoning behind them. Moreover, a large number of new country-years have been added, bringing the total number of surveys to more than 2,000. These include new harmonized surveys for countries in West Africa, new imputed poverty estimates for Nigeria, and recent 2020 household survey data for several countries. Global poverty estimates are now reported up to 2018 and earlier years have been revised.
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