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$1.25 - the new poverty line

Over the past three months an estimated 6 percent of Yemenis dropped below the poverty line as a result of price hikes. Mohammed al-Jabri/IRIN
    NAIROBI

    Just in case you missed it, the new poverty line as drawn by the World Bank from August this year is $1.25 a day and not “a dollar a day” as has been the case since 1990.

    The new poverty yardstick is based on improvements in internationally comparable price data, which offer a much more accurate picture of the cost of living in developing countries.

    Click here for additional details on the Bank’s measure and global poverty estimates.

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    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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