Dataset

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2. World Bank Indicators
3. Poverty headcount ratio at societal poverty line (% of population)

Poverty headcount ratio at societal poverty line (% of population)

The poverty headcount ratio at societal poverty line is the percentage of a population living in poverty according to the World Bank's Societal Poverty Line. The Societal Poverty Line is expressed in purchasing power adjusted 2021 U.S. dollars and defined as max($3.00, $1.30 + 0.5*Median). This means that when the national median is sufficiently low, the Societal Poverty line is equivalent to the extreme poverty line, $3.00. For countries with a sufficiently high national median, the Societal Poverty Line grows as countries’ median income grows.