World Data Atlas Topics Income Inequality

World Bank

The World Bank is an international financial institution that provides loans to developing countries for capital programs. The World Bank Group has set two goals for the world to achieve by 2030: end extreme poverty by decreasing the percentage of people living on less than $1.25 a day to no more than 3%; promote shared prosperity by fostering the income growth of the bottom 40% for every country. According to its Articles of Agreement all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of capital investment.

All datasets: P

P
- Poverty and Equity Database
  
  April 2018
  
  Source: World Bank
  
  Uploaded by: Knoema
  
  Accessed On: 24 April, 2018
  
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  The World Bank periodically prepares poverty assessments of countries in which it has an active program, in close collaboration with national institutions, other development agencies, and civil society, including poor people's organizations. Assessments report the extent and causes of poverty and propose strategies to reduce it. Countries have varying definitions of poverty, and comparisons can be difficult. National poverty lines tend to have higher purchasing power in rich countries, where standards used are more generous than in poor countries. Poverty measures based on an international poverty line attempt to hold the real value of the poverty line constant across countries, including when making comparisons over time. Data here includes measures of population living below the national poverty line as well as the international poverty line. Also included are income distributions and urban and rural poverty

World Bank

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