Publication:
March 2024 Update to the Poverty and Inequality Platform (PIP): What’s New

Abstract
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.
Link to Data Set
Citation
Castaneda Aguilar, R. Andres; Castillo, Adriana; Devpura, Nancy P.; Dewina, Reno; Diaz-Bonilla, Carolina; Edochie, Ifeanyi; Farfan Bertran, Maria G.; Fernandez Romero, Jaime; Foster, Elizabeth; Fujs, Tony H. M. J.; Gonzalez Icaza, Maria F.; Jolliffe, Dean; Knippenberg, Erwin W.; Krishnan, Nandini; Lakner, Christopher; Lara Ibarra, Gabriel; Lestani, Diego G.; Mahler, Daniel G.; Montalvo Talledo, Veronica S.; Montes, Jose; Nguyen, Minh C.; Olivieri, Sergio; Paffhausen, Anna Luisa; Redaelli, Silvia; Saavedra, Trinidad B.; Sanchez Castro, Diana M.; Tetteh-Baah, Samuel K.; Viveros Mendoza, Martha C.; Wu, Haoyu; Yonzan, Nishant; Yoshida, Nobuo. 2024. March 2024 Update to the Poverty and Inequality Platform (PIP): What’s New. Global Poverty Monitoring Technical Note; 36. © World Bank. http://hdl.handle.net/10986/41341 License: CC BY-NC 3.0 IGO.
Digital Object Identifier
Associated URLs
Associated content
Report Series
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections

Related items

Showing items related by metadata.

  • Publication
    June 2025 Update to the Poverty and Inequality Platform (PIP)
    (Washington, DC: World Bank, 2025-06-11) Alfani, Federica; Aaron, Danielle V.; Atamanov, Aziz; Aguilar, R.Andres Castaneda; Diaz-Bonilla, Carolina; Devpura, Nancy P.; Dewina, Reno; Finn, Arden; Fujs, Tony; Gonzalez, Maria Fernanda; Krishnan, Nandini; Kochhar, Nishtha; Kumar, Naresh; Lakner, Christoph; Ibarra, Gabriel Lara; Lestani, Diego; Liniado, Julia; Lønborg, Jonas; Mahler, Daniel G.; Mejía-Mantilla, Carolina; Montalva, Veronica; Herrera, Laura L.; Nguyen, Minh C.; Rubiano, Eliana; Sajaia, Zurab; Castro, Diana M.; Seshan, Ganesh K.; Tetteh-Baah, Samuel K.; Mendoza, Martha C. Viveros; Wu, Haoyu; Yonzan, Nishant; Wambile, Ayago
    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
    April 2022 Update to the Poverty and Inequality Platform (PIP)
    (World Bank, Washington, DC, 2022-04) Castaneda Aguilar, R. Andres; Dewina, Reno; Diaz-Bonilla, Carolina; Edochie, Ifeanyi N.; Fujs, Tony H. M. J.; Jolliffe, Dean; Lain, Jonathan; Lakner, Christoph; Ibarra, Gabriel Lara; Mahler, Daniel G.; Meyer, Moritz; Montes, Jose; Moreno Herrera, Laura L.; Mungai, Rose; Newhouse, David; Nguyen, Minh C.; Sanchez Castro, Diana; Schoch, Marta; Sousa, Liliana D.; Tetteh-Baah, Samuel K.; Uochi, Ikuko; Viveros Mendoza, Martha C.; Wu, Haoya; Yonzan, Nishant; Yoshida, Nobu
    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.
  • Publication
    September 2023 Update to the Poverty and Inequality Platform (PIP)
    (World Bank, Washington, DC, 2023-10-11) Aron, Danielle Victoria; Castaneda Aguilar, R. Andres; Diaz-Bonilla, Carolina; Farfan Betran, Maria Gabriela; Foster, Elizabeth Mary; Fujs, Tony H. M. J.; Jolliffe, Dean; Krishnan, Nandini; Lakner, Christoph; Lara Ibarra, Gabriel; Mahler, Daniel G.; Moreno Herrera, Laura; Nguyen, Minh C.; Sanchez Castro, Diana M.; Tetteh-Baah, Samuel K.; Viveros Mendoza, Martha C.; Wu, Haoyu; Yonzan, Nishant
    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
    September 2024 Update to the Poverty and Inequality Platform (PIP)
    (Washington, DC: World Bank, 2024-10-11) 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
    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.
  • Publication
    March 2021 PovcalNet Update
    (World Bank, Washington, DC, 2021-03) Arayavechkit, Tanida; Atamanov, Aziz; Barreto Herrera, Karen Y.; Belghith, Nadia Belhaj Hassine; Castaneda Aguilar, R. Andres; Fujs, Tony H.M.J.; Dewina, Reno; Diaz-Bonilla, Carolina; Edochie, Ifeanyi N.; Jolliffe, Dean; Lakner, Christoph; Mahler, Daniel; Montes, Jose; Moreno Herrera, Laura L.; Mungai, Rose; Newhouse, David; Nguyen, Minh C.; Sanchez Castro, Diana M.; Schoch, Marta; Sharma, Dhiraj; Simler, Kenneth; Swinkels, Rob; Takamatsu, Shinya; Uochi, Ikuko; Viveros Mendoza, Martha C.; Yonzan, Nishant; Yoshida, Nobuo; Wu, Haoyu
    The March 2021 update to PovcalNet 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. In addition to the changes listed here, a large number of new country-years have been added, resulting in a total number of surveys of more than 1,900. Moreover, this update includes important revisions to the historical survey data and for the first time, poverty estimates based on imputed consumption data.

Users also downloaded

Showing related downloaded files

  • Publication
    Comoros Country Climate and Development Report
    (Washington, DC: World Bank, 2025-06-18) World Bank Group
    The Union of the Comoros (The Comoros) has significant vulnerability to climate change-related risks but has considerable opportunities to strengthen preparedness and resilience against these challenges. According to the Notre Dame Global Adaptation Index, the Comoros is the 29th-most vulnerable country to climate change and the 163rd most ready to adapt (out of 191). The Comoros archipelago is exposed to many natural hazards that adversely affect the country’s natural capital, people, and physical infrastructure. In 2014, the economic cost of climate-related disasters was estimated at 5.7 million dollars annually, equivalent to 9.2 percent of Gross Domestic Product (GDP). Between 2018 and 2023, as many as 11 tropical depressions or cyclones impacted the country, with Cyclone Kenneth causing the greatest damage, equivalent to 14 percent of GDP, resulting in total economic growth falling from 3.6 percent in 2018 to 1.9 percent in 2019. More than 345,000 people (40 percent of the population) were affected by the cyclone, with 185,000 people experiencing severe impacts and 12,000 people displaced. However, there is an opportunity for the country to grow more robust and shock-responsive, and to establish pre-positioned funding mechanisms to enhance future crisis response efforts. For the Comoros, adaptation and climate-resilient development are the key climate change focus areas, with the country projected to face 836 million dollars 2050 in additional costs due to climate-related impacts. Current plans to adapt to the impacts of climate change in the Comoros include efforts to improve water management, strengthen coastal protection, and develop climate-smart agriculture practices. Given the country’s reliance on its natural resource base for economic growth and mobility, protection of these resources from climate change will be essential for promoting resilient growth and development. In addition to growing the adaptive capacity of the country’s natural resource sectors, strategic economic diversification will be important to help minimize future climate impacts, and development activities will need to be undertaken in such a way as to attract low-carbon co-benefits. The Union of the Comoros is committed to addressing climate change through its Nationally Determined Contribution (NDC) and national priorities. The country’s NDC (which was revised in 2021 for a ten-year horizon) sets ambitious targets, with a goal of reducing greenhouse gas emissions by 23 percent by 2030. The country also plans to significantly increase the share of renewable energy in its energy portfolio, reaching 33 MW by 2030. This will not only promote low-carbon development but also reduce the country’s dependency on imported oil and coal, which currently make up 95 percent of the energy mix. Additionally, the Comoros has declared its intention to increase CO2 removals by 47 percent by 2030, compared to BAU.
  • Publication
    Guinea-Bissau Country Climate and Development Report
    (Washington, DC: World Bank, 2024-10-23) World Bank Group
    Guinea-Bissau is endowed with a wealth of natural resources, with the highest natural capital per capita in West Africa (US3,874 dollars per capita), which could be leveraged for sustainable and resilient growth. However, Guinea-Bissau faces significant development hurdles, such as high poverty rates, political instability, and economic challenges, including an over-reliance on cashew nuts. Rural poverty has increased, and the nation's infrastructure, education, and health care systems are underdeveloped. Climate change poses a severe threat, potentially impacting agriculture, fisheries, and infrastructure. Without adaptation, it could lead to a significant cut in real GDP per capita (minus 7.3 percent by 2050) and increase in poverty (with up to over 200,000 additional poor by 2050, that is, 5 percent of the expected population, in the worst scenario). The country's low greenhouse gas emissions are expected to rise, mainly due to agriculture and land-use changes, with deforestation being a major contributing factor. Although Guinea-Bissau is a low emitter, it has high mitigation ambitions, targeting a 30 percent reduction in greenhouse gas emissions by 2030. The Nationally Determined Contribution outlines significant climate actions, with initiatives focused on forest conservation, sustainable agriculture, and community development. However, the country's political instability, institutional weaknesses, and limited financial resources pose challenges to implementing these climate commitments, which depend heavily on external funding. The financial sector's underdevelopment and vulnerability to external shocks limit its ability to support green investments, though reforms could enhance resilience. Guinea-Bissau must consider its climate financing as development financing and vice-versa, engage the private sector, and integrate climate goals with national development plans to ensure a sustainable future. Concessional climate financing is vital due to the underdeveloped financial sector and the government’s limited borrowing capacity. Addressing Guinea-Bissau's vulnerability to climate change and its structural issues requires a cohesive approach that integrates development and climate strategies. This could involve improving governance, diversifying the economy, protecting natural capital, developing human capital, and investing in sustainable agriculture and infrastructure. The transition to a more sustainable and inclusive development pathway that supports economic growth is possible, but requires focusing on key strategic sectors, enhancing institutional capacity, and creating the conditions to mobilize finance. As a highly vulnerable country, there are myriad needs in the different sectors; however, to be more efficient and effective, Guinea-Bissau should prioritize actions in a few sectors, especially actions on biodiversity, agriculture, and social protection. Low carbon development, especially in energy and forestry sectors, could provide cost-efficient solutions and attract climate finance, including from the private sector, which will support the overall development agenda.
  • Publication
    Kyrgyz Republic Country Climate and Development Report
    (Washington, DC: World Bank, 2025-11-03) World Bank Group
    This Country Climate and Development Report (CCDR) on the Kyrgyz Republic aims to support the country’s development goals amid a changing climate. The CCDR considers two policy scenarios up to 2050: the business-as-usual (BAU) and high-growth scenarios. As it quantifies the likely impacts of climate change on the Kyrgyz economy between now and 2050, the report highlights key government actions to best prepare for and adapt to climate impacts (referred to as “with adaptation” measures), with a particular focus on the time horizon up to 2030. The CCDR also outlines a path to net zero emissions by 2050 (referred to as “with mitigation” measures, “decarbonization,” or, simply, “net zero 2050”), highlighting associated development co-benefits.
  • Publication
    Gabon Country Climate and Development Report
    (Washington, DC: World Bank, 2025-11-01) World Bank
    Gabon has a unique opportunity to drive inclusive growth, reduce poverty, and build a resilient post-oil economy, with climate action accelerating progress toward these goals. The country’s main development challenge is achieving higher growth and poverty reduction, as stronger growth is needed regardless of projected climate shocks to create jobs, raise living standards, and enable a viable post-oil economy. While pursuing growth-promoting economic reforms, climate action that prioritizes people must remain central to its development pathway. However, climate change risks exacerbating poverty and regional inequalities in a country already facing long-term challenges in expanding economic opportunities and basic public services, especially in rural areas. Climate shifts compound these challenges, making stronger private sector-led growth driven by reforms essential for resilience, diversification, job creation, and poverty reduction, though targeted investments in adaptation will still be required to mitigate climate shocks. Using a whole-of-economy approach, the Gabon Country Climate Development Report (CCDR) estimates that climate change impacts could result in GDP losses of 3.5 to 5.3 percent per year through 2050 compared to a business-as-usual baseline trajectory.
  • Publication
    Jobs in a Changing Climate: Insights from World Bank Group Country Climate and Development Reports Covering 93 Economies
    (Washington, DC: World Bank, 2025-11-05) World Bank
    The World Bank Group’s Country Climate and Development Reports (CCDRs) provide a crosscutting look at how countries’ development prospects, and the job opportunities they offer to their people, can be threatened by climate impacts and supported by climate policies. Climate change and policies affect jobs through impacts on productivity, energy and material efficiency, and physical, human, and natural capital. They can also transform employment opportunities, especially through complementary measures that help workers and firms adapt to and benefit from new technologies and production practices. Prepared by the World Bank, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA), CCDRs integrate country perspectives, climate science and economic modeling, private sector information, and policy analysis to assess how countries can successfully grow and develop their economies and create jobs despite increasing climate risks and while achieving their climate objectives and commitments. Each CCDR starts from the country’s development priorities, opportunities, and challenges, and is developed in close consultation with governments, businesses, and civil society, ensuring the recommendations reflect national priorities. By combining evidence on adaptation, resilience, and emissions pathways, CCDRs highlight where climate action can reinforce development and job creation, and where targeted policies are needed to manage risks and smooth labor market transitions. Taken together, these elements can help create local jobs, ensure economic transitions are just and inclusive, and equip workers and firms to navigate the disruptions and opportunities of a changing climate and changing technologies.