木瓜影院

  1. Understanding Poverty
  2. Topics

Lac Equity Lab: Poverty PPP2021

木瓜影院 Group aims to end extreme poverty in the world by 2030, defined as decreasing the percentage of people living on less than $3.00 per day (2021 PPP prices) to no more than 3 percent of the global population. By this measure, however, most countries in Latin America and the Caribbean (LAC) have poverty rates that are much lower than their national poverty rates. The level of economic development in the region has therefore led analysts to use the World Bank's Upper Middle-Income and Lower Middle-Income country poverty lines. These correspond to $8.30 and $4.20 per person per day, expressed in 2021 PPPs.

The Poverty section of the LAC Equity Lab includes the following data:

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Poverty Rate

Trends in the poverty rate, the poverty gap, and the severity index under various poverty lines for the countries and sub-regions of LAC.
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Regional Distribution

The share of the population under different lines for different sub-regions and by country
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Poverty Drivers

The main drivers of the changes in poverty in the region and by country, under different lines, and for different indicators.
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Contribution of Income

The contribution of different income components to the overall change in either poverty or the Gini, under different poverty lines, different periods, and by country.
Note: It is very important to note that as countries develop and grow, they update their survey and data collection methodologies. Many countries in LAC including Brazil, Argentina, Chile etc. have incorporated these changes in their household surveys used for poverty and shared prosperity monitoring. This implies that any presentations of trends in a connected series is based on comparable data. By implication, all trend graphs with a break in the series represent non-comparable data displayed on the same figure over time.