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DataBank

Metadata Glossary

Code5.51.01.01.poverty
Indicator NameIncome Poverty
Short definitionProportion of population below US$1.25 a day is the percentage of the population living on less than $1.25 a day at 2005 international prices.
Long definitionProportion of population below US$1.25 a day is the percentage of the population living on less than $1.25 a day at 2005 international prices. The US$1.25 poverty line is compared to consumption or income per person and includes consumption from own production and income in kind. This poverty line has fixed purchasing power across countries. This indicator measures progress toward the reduction of extreme poverty and relates to the first MDG goal to eradicate extreme poverty and hunger.
SourceWorld Development Indicator (WDI) databank. Original source: World Bank, Development Research Group, PovcalNet
TopicStatistical Capacity Indicator (SCI)
Statistical concept and methodologyScores are 1, 2/3, and 1/3 if the indicator was observed at least 3 times, 2 times, or once within 10 years. For assessment, look at 10 year interval starting two years before current and count number of data points available.
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