End Poverty Day tomorrow comes among heightened discussion about poverty’s causes, its measurement and what we can do to end it.
The international extreme poverty line has been updated to $1.90/day, the recent Global Monitoring Report projects that the number of people living below this line will fall below 10% this year, and the Bank has just announced it’s stepping up efforts to boost data collection in the poorest countries, many of which suffer from “data deprivation”.
New Poverty Data Widget
These headlines are great, but how do you actually get to the data? If you want to quickly find how many people live below the international poverty line in a given country, you can use and embed this new widget that’s connected to the World Bank’s PovCalNet database:
4 more ways of accessing poverty data
Here are some other tools I find useful for accessing poverty data:
Share your support today for End Poverty Day, October 17
All day, every day, ending poverty is our collective goal. We all want to make sure that everyone has access to jobs, education, food, protection from violence – the list goes on. A few weeks ago, global leaders and policymakers agreed on 17 Sustainable Development Goals (SDGs or Global Goals). No. 1 is ending poverty. So it seems fortuitous that Oct. 17 is International Day for the Eradication of Poverty – a day dedicated to raising awareness about what each of us can do to solve this global issue.
We’re asking everyone who wants to end poverty to show support. Change your profile pic on your social media channels to one of the eight End Poverty logos below. Share your vision of what must happen for a better world, whether it’s clean water or gender equality. Use the power of social media, using the hashtag #EndPoverty, to invite your family and friends to join the #EndPoverty movement. We have just the one world, let’s make it great.
Can we end extreme poverty in a world with extreme inequality? That question inspired a spirited debate in English and Spanish on Oct. 7, just ahead of the World Bank Group-IMF Annual Meetings in Lima, Peru, addressing corruption, taxation, discrimination against women, and the need to even the playing field for the younger generation.
Latin America’s experience with inequality was front and center at the live-streamed event, Inequality, Opportunity, and Prosperity, featuring World Bank Group President Jim Yong Kim, Ibero-American Secretary General Rebeca Grynspan, Oxfam International Chair Juan Alberto Fuentes Knight, and moderated by CNN Español news anchor Patricia Janiot.
We’ve also produced a series of “understanding poverty” video explainers that go into poverty lines, poverty measurement, purchasing power parities (PPPs), why we're updating the international poverty line to $1.90/day and some highlights from the newly released data. You can watch all 5 videos in the playlist below:
The global poverty rate is projected to fall to 9.6% in 2015. New estimates show 702 million people living below $1.90 per day, the majority of them in Sub-Saharan Africa and South Asia.
World Bank researchers have been trying to assess the extent of extreme poverty across the world since 1979 and more systematically since the World Development Report 1990, which introduced the dollar-a-day international poverty line. From the beginning, the idea was to measure income poverty with respect to a demanding line which, first, reflects the standards of absolute poverty in the world’s poorest countries and, second, corresponded to the same real level of well-being in all countries. The first requirement led researchers to anchor the international poverty line on the national poverty lines of very poor developing countries. And the second requirement led them to use purchasing power parity exchange rates (PPPs) – rather than nominal ones - to convert the line into the US dollar and, more importantly, into the currencies of each developing country.