Apr 7, 2025 · Fighting poverty in all of its dimensions lies at the core of the World Bank’s work. We work closely with governments to develop sound policies so that poor people can improve their livelihoods, and access social and infrastructure services and good jobs.

Sep 10, 2024 · The SPM child poverty rate increased 1.3 percentage points to 13.7 percent in 2023 (Figure 4 and Table B-3). Social Security continues to be the largest anti-poverty program, moving 27.6 million individuals out of SPM poverty in 2023 (Figure 10 and Table B-7). Differences in Poverty Measures

Jun 13, 2025 · In 2009, the Census Bureau and Bureau of Labor Statistics (BLS) created a Supplemental Poverty Measure (SPM) to replace previous experimental poverty measures. Wealth and Asset Ownership Household net worth or wealth is an important defining factor of economic well-being - it can become an additional source of income in hard times or retirement.

Apr 9, 2025 · The total family income divided by the poverty threshold is called the Ratio of Income to Poverty. Income / Threshold = $39,250 / $38,374= 1.02. The difference in dollars between family income and the family’s poverty threshold is called the Income Deficit (for families in poverty) or Income Surplus (for families above poverty).

Two thirds of the world’s population in extreme poverty live in Sub-Saharan Africa, rising to three quarters when including all fragile and conflict-affected countries. About 72 percent of the world’s population in extreme poverty live in countries that are eligible to receive assistance from the International Development Association (IDA).

Sep 14, 2021 · The poverty rate for Asians (8.1 percent) in 2020 was not statistically different from 2019 (Figure 9 and Table B-1). Poverty rates for people under the age of 18 increased from 14.4 percent in 2019 to 16.1 percent in 2020. Poverty rates also increased for people aged 18 to 64 from 9.4 percent in 2019 to 10.4 percent in 2020.

Jun 5, 2025 · The international poverty line, which is used to measure extreme poverty in low-income economies, is set today at $3.00 per person per day. According to the latest data, around one in ten people globally are estimated to be living in extreme poverty, a significant share of whom are in Sub-Saharan Africa or fragile and conflict-affected situations.

Sep 12, 2023 · The SPM rate in 2022 was 12.4 percent, an increase of 4.6 percentage points from 2021. This is the first increase in the overall SPM poverty rate since 2010 (Figure 6 and Table B-2). The SPM child poverty rate more than doubled, from 5.2 percent in 2021 to 12.4 percent in 2022 (Figure 4 and Table B-3).

Jun 13, 2025 · The Small Area Income and Poverty Estimates (SAIPE) program provides model-based poverty estimates for school districts, counties, and states. For more background on each survey or program, the differences between them, and how to choose the right data source, see the Guidance for Data Users section of this site.

Nov 15, 2024 · Poverty rates across surveys differ in a number of ways, such as in the length and detail of questionnaires, the number of households included (sample size), reference periods, and the methodology used to collect and process data.