7 Matching Annotations
- Jun 2018
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ourworldindata.org ourworldindata.org
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Researchers measure extreme poverty as living with less than 1.90$ per day.
Definition of extreme poverty is <$1.90/day.
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People are considered to live in extreme poverty at a consumption (or income) level below 1.90 international-$ per day. International $ are adjusted for price differences between countries and for price changes over time (inflation).
Definition of "extreme poverty."
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Therefore the series is poverty headcount (1.90$ per day) as far back as possible (1981) from the World Bank and all observations before 1980 are Bourguignon and Morrison (2002) 'share of the world population living in extreme poverty'.
Describes how the definition of poverty varies on statistics prior to vs after 1980.
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iresearch.worldbank.org iresearch.worldbank.org
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in 2013, based on $1.9/Day, the World Total based on headcount (%) is 10.94.
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www.salasweb.info www.salasweb.info
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The chart also lists 1980, which is close to 1981. 55% live in poverty and 31.5% live in extreme poverty.
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Original source of the 1950 75% claim was the chart on pages 6-7. Incorrect, in that 75% was an approximation of the 71.9% statistic in the second column, but this was actually poverty and not extreme poverty, which was only 54.8%.
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At first, the progress was steady: in 1950 75% of the world were still living in extreme poverty. But today, those living in extreme poverty are now less than 10%.
Note that this article was published in 2017, so "today" presumably refers to 2016/2017.
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