Minimum income deemed adequate to live in a specific country or place
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The poverty threshold, poverty limit, poverty line, or breadline[1] is the minimum level of income deemed adequate in a particular country.[2] The poverty line is usually calculated by estimating the total cost of one year's worth of necessities for the average adult.[3] The cost of housing, such as the rent for an apartment, usually makes up the largest proportion of this estimate, so economists track the real estate market and other housing cost indicators as a major influence on the poverty line.[4] Individual factors are often used to account for various circumstances, such as whether one is a parent, elderly, a child, married, etc. The poverty threshold may be adjusted annually. In practice, like the definition of poverty, the official or common understanding of the poverty line is significantly higher in developed countries than in developing countries.[5][6]
In September 2022, the World Bank updated the International Poverty Line (IPL), a global absolute minimum, to $2.15 per day[7] (in PPP). In addition, as of 2022, $3.65 per day in PPP for lower-middle income countries, and $6.85 per day in PPP for upper-middle income countries.[8][9] Per the $1.90/day standard, the percentage of the global population living in absolute poverty fell from over 80% in 1800 to 10% by 2015, according to United Nations estimates, which found roughly 734 million people remained in absolute poverty.[10][11]
^webster, The breadline. "The breadline".
^Ravallion, Martin Poverty freak: A Guide to Concepts and Methods. Living Standards Measurement Papers, The World
^Poverty Lines – Martin Ravallion, in The New Palgrave Dictionary of Economics, 2nd Edition, London: Palgrave Macmillan
^Chassagnon, A (2019). "Efficiency and equity" (PDF). Paris School of Economics.
^Hagenaars, Aldi & de Vos, Klaas The Definition and Measurement of Poverty. Journal of Human Resources, 1988
^Hagenaars, Aldi & van Praag, Bernard A Synthesis of Poverty Line Definitions. Review of Income and Wealth, 1985
^"World Bank". The World Bank. Retrieved 26 September 2023.
^"World Bank 2022 poverty lines". Retrieved 10 January 2022.
^"2022 World Bank poverty lines". Retrieved 10 January 2022.
^"PovcalNet". iresearch.worldbank.org. Retrieved 10 March 2019.
^Beauchamp, Zach (14 December 2014). "The world's victory over extreme poverty, in one chart". Vox. Retrieved 17 June 2019.
The povertythreshold, poverty limit, poverty line, or breadline is the minimum level of income deemed adequate in a particular country. The poverty line...
estimate of poverty. For 2021, the percentage of Americans in poverty per the SPM was 7.8%, and per the OPM was 11.6%. By the OPM, the povertythreshold for 2021...
relative basis. Each state in India has its own povertythreshold to determine how many people are below its poverty line and to reflect regional economic conditions...
Official Poverty Statistics of the Philippines" (PDF). Philippine Statistics Authority. February 8, 2011. "Annual Per Capita PovertyThreshold, Poverty Incidence...
Official Poverty Statistics of the Philippines" (PDF). Philippine Statistics Authority. February 8, 2011. "Annual Per Capita PovertyThreshold, Poverty Incidence...
Official Poverty Statistics of the Philippines" (PDF). Philippine Statistics Authority. February 8, 2011. "Annual Per Capita PovertyThreshold, Poverty Incidence...
Philippine Statistics Authority. February 8, 2011. "Annual Per Capita PovertyThreshold, Poverty Incidence and Magnitude of Poor Population, by Region and Province:...
absolute povertythreshold of US$1 a day to measure poverty in developing countries. Since the 1960s, the US has used an absolute povertythreshold adjusted...
difference between a single person or family's income and its povertythreshold or poverty line, when the former is exceeded by the latter. Data on the...
Official Poverty Statistics of the Philippines" (PDF). Philippine Statistics Authority. February 8, 2011. "Annual Per Capita PovertyThreshold, Poverty Incidence...
Official Poverty Statistics of the Philippines" (PDF). Philippine Statistics Authority. February 8, 2011. "Annual Per Capita PovertyThreshold, Poverty Incidence...
Official Poverty Statistics of the Philippines" (PDF). Philippine Statistics Authority. February 8, 2011. "Annual Per Capita PovertyThreshold, Poverty Incidence...
Official Poverty Statistics of the Philippines" (PDF). Philippine Statistics Authority. February 8, 2011. "Annual Per Capita PovertyThreshold, Poverty Incidence...
countries by percentage of population living in poverty, as recorded by the World Bank and Our World in Data. "Poverty" is defined as an economic condition by...
Official Poverty Statistics of the Philippines" (PDF). Philippine Statistics Authority. February 8, 2011. "Annual Per Capita PovertyThreshold, Poverty Incidence...
lives, below the povertythreshold. One of the undesirable features of the head count ratio is that it ignores the depth of poverty; if the poor become...
Official Poverty Statistics of the Philippines" (PDF). Philippine Statistics Authority. February 8, 2011. "Annual Per Capita PovertyThreshold, Poverty Incidence...
percentage of population living in poverty Income inequality metrics Least developed countries PovertythresholdPoverty reduction Millennium Development...
Official Poverty Statistics of the Philippines" (PDF). Philippine Statistics Authority. February 8, 2011. "Annual Per Capita PovertyThreshold, Poverty Incidence...
Official Poverty Statistics of the Philippines" (PDF). Philippine Statistics Authority. February 8, 2011. "Annual Per Capita PovertyThreshold, Poverty Incidence...
Official Poverty Statistics of the Philippines" (PDF). Philippine Statistics Authority. 8 February 2011. "Annual Per Capita PovertyThreshold, Poverty Incidence...
Official Poverty Statistics of the Philippines" (PDF). Philippine Statistics Authority. February 8, 2011. "Annual Per Capita PovertyThreshold, Poverty Incidence...
error which are: (i) data updating, (ii) formula revisions and (iii) thresholds to classify a country's development status. They conclude that 11%, 21%...
afford those necessities. Based on his basic needs povertythreshold, the poverty rate in Canada, the poverty rate has declined from about 12% of Canadian households...