11/3/2022 0 Comments Wdi mb toolsFor detailed thematic lists please refer to the World Development Indicators Statistical Tables. The table shows, for each featured indicator, time coverage per year, for all countries, for each decade since the 1960s, and regional coverage for each World Bank geographical region since 2010. Featured IndicatorsĪ selection of relevant indicators is presented below. Progress is measured by the difference between growth in the consumption or income of the bottom 40 percent and growth in the consumption or income of the mean of the population as a whole. Similarly, SDG target 10.1 aims for the income of the bottom 40 percent to be growing faster than the national average by 2030. To monitor progress against its goal of boosting shared prosperity, the World Bank tracks growth in the consumption or income of the poorest 40 percent of the population in each country-the bottom 40 percent. The measures offer different ways to capture and communicate aspects of the income distribution. The World Development Indicators (WDI) databases present a wide range of inequality indicators such as the Gini index and the share of consumption or income held by each quintile. Inequality and shared prosperityĪs with poverty, there are many ways to measure inequality. SDG target 1.1 is even more ambitious: by 2030, it wants all countries, regions, and groups within countries to achieve zero poverty at the same international poverty line. Poverty measured at the international poverty line of $1.90 a day is used to track progress toward meeting the World Bank target of reducing the share of people living in extreme poverty to less than 3 percent by 2030. For added perspective, since 2017 the World Bank has also been tracking poverty at $3.20 a day, the typical line for lower-middle-income countries, and $5.50 a day, typical for upper-middle-income countries. The $1.90 a day poverty line, which reflects the value of national poverty lines in some of the poorest countries, is often referred to as the extreme poverty line. To aggregate and compare poverty rates across countries, poverty thresholds that reflect the same real standard of living in each country are used. The national poverty line is also a central indicator for SDG 1, ending poverty "in all its forms." Governments track how many people are living on less than the national poverty line so that they can monitor their development progress. Poverty lines not only vary widely by country but they are also often revised as countries develop: richer countries typically have higher poverty lines than poorer ones. The national poverty line for a country is typically a monetary threshold below which a person's minimum basic needs cannot be met, taking into account the country's economic and social circumstances. How poverty is defined and measured varies across the world. National statistical systems, household surveys and poverty measurement methodologies are at the heart of tracking these global goals. Reducing poverty and inequality are central to the UN’s Sustainable Development Goals (SDGs) and the World Bank Group’s twin goals for 2030: ending extreme poverty and promoting shared prosperity in every country in a sustainable manner. Understanding poverty is thus fundamental to understanding how societies can progress. Although it is often thought of as a lack of material resources, poverty is correlated closely with all aspects of a person’s life: the world’s poor are more likely to be malnourished, they have less access to services like education, electricity, sanitation and healthcare, and they are more vulnerable to conflict and climate change. National governments and their development partners are all working to reduce poverty. Where do the world’s poorest people live today? Overview
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |