World Bank2017-09-082017-09-082008https://hdl.handle.net/10986/28241This supplement to World Development Indicators 2008 provides estimates of global poverty that are the first re-evaluation of the World Bank's "$1 a day" poverty line since 1999. The international poverty line has been recalibrated at $1.25 a day, using new data on purchasing power parities (PPPs), compiled by the International Comparison Program, and an expanded set of household income and expenditure surveys. New measurements of the extent and depth of poverty are presented here for 115 developing countries, along with poverty measurements based on their national poverty lines. The new data change our view of poverty in the world. There are more poor people, extremely poor people, and the incidence of poverty reaches farther into middle-income countries. Previous rounds of the International Comparison Program underestimated average price levels in developing countries (perhaps by not fully adjusting for quality differences) and thus overestimated standards of living. By the new measurements 1.4 billion people are living in extreme poverty, more than one-quarter of the population of developing countries. But countries and regions that have reduced their poverty rates are no less successful by the new measurements. In 1990, at the beginning of the period tracked by the Millennium Development Goals, 42 percent of the people in developing countries lived on less than $1.25 a day. Over 15 years global poverty fell by an average of 1 percentage point a year. At that rate the target set by the Millennium Development Goals will be surpassed at the global level and in East Asia, where poverty rates have fallen fastest, by 2015. But large differences remain between regions, across countries in the same region, and even within countries. The data presented here allow us to see where some of those differences occur and point the way toward a world free from the most extreme poverty.en-USCC BY 3.0 IGOABSOLUTE POVERTYABSOLUTE POVERTY LINEAGGREGATE POVERTYAGRICULTURAL INCOMESAVERAGE INCOMEBASIC NEEDSCALORIE INTAKECHANGES IN POVERTYCIVIL SOCIETYCONSUMER PRICE INDEXCONSUMPTION DATACONSUMPTION EXPENDITURECONSUMPTION PER CAPITACOUNTRY LEVELCURRENT POVERTYDATA AVAILABILITYDATA QUALITYDATA SETSDEFINITIONS OF POVERTYDEPENDENT VARIABLEDEVELOPING COUNTRIESDEVELOPING REGIONSDEVELOPING WORLDDEVELOPMENT ECONOMICSDEVELOPMENT GOALSDEVELOPMENT INDICATORSDEVELOPMENT REPORTDEVELOPMENT RESEARCHDISTRIBUTION DATAECONOMIC DEVELOPMENTECONOMIC GROWTHERROR TERMESTIMATES OF POVERTYEXCHANGE RATEEXCHANGE RATESEXPLANATORY VARIABLESEXTREME POVERTYEXTREME POVERTY LINEEXTREMELY POOR PEOPLEFARM PRODUCTIONFIELD SURVEYSFINANCIAL CRISISFOOD BUNDLEFOOD CONSUMPTIONFOOD ITEMSFOOD POVERTYFOOD POVERTY LINEGEOGRAPHIC REGIONSGLOBAL LEVELGLOBAL POVERTYGROWTH ELASTICITYGROWTH RATEGROWTH RATESHEADCOUNT POVERTYHIGHER INEQUALITYHOUSEHOLD CONSUMPTIONHOUSEHOLD INCOMEHOUSEHOLD LIVING STANDARDSHOUSEHOLD SIZEHOUSEHOLD SURVEYHOUSEHOLD SURVEYSINCIDENCE OF POVERTYINCOMEINCOME DATAINDIVIDUAL COUNTRIESINEQUALITYINTERNATIONAL AGENCIESINTERNATIONAL POVERTY COMPARISONSINTERNATIONAL POVERTY LINEINTERNATIONAL POVERTY LINESLOCAL POVERTY LINESLOCAL PRICES OF GOODSLOW-INCOME COUNTRIESMEAN INCOMEMEASUREMENT OF POVERTYMEASURING POVERTYMEATNATIONAL % POVERTYNATIONAL ACCOUNTSNATIONAL POVERTYNATIONAL POVERTY LINESPER CAPITA CONSUMPTIONPOLICY IMPLICATIONSPOLICY RESEARCHPOORPOOR COUNTRIESPOOR PEOPLEPOVERTY ACROSS COUNTRIESPOVERTY ASSESSMENTPOVERTY ASSESSMENTSPOVERTY DATAPOVERTY ESTIMATESPOVERTY GAPPOVERTY HEADCOUNT RATEPOVERTY LEVELPOVERTY MEASUREMENTPOVERTY MEASURESPOVERTY MONITORINGPOVERTY RATEPOVERTY RATESPOVERTY REDUCTIONPOVERTY REDUCTION STRATEGIESPOVERTY REDUCTION STRATEGYPOVERTY REDUCTION STRATEGY PAPERSPOVERTY STATUSPOVERTY-GROWTH-INEQUALITY TRIANGLEPRODUCTION PROCESSREDUCTION IN POVERTYREGIONAL AGGREGATESREGIONAL AVERAGEREGIONAL DIFFERENCESREGIONAL POVERTYRELATIVE IMPORTANCERELATIVE POVERTY LINERELATIVE PRICESRICH COUNTRIESRURALRURAL % URBAN % NATIONALRURAL AREASRURAL POPULATIONRURAL POVERTYRURAL POVERTY LINERURAL POVERTY LINESRURAL VILLAGESSTATISTICAL ANALYSISTRANSITION COUNTRIESURBAN AREASURBAN POVERTYVEGETABLESWELFARE INDICATORWELFARE INDICATORSDataWorld Bank10.1596/28241