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RSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 18 days ago

A new poverty line shifted the World Bank's poverty data. What changed and why?

ourworldindata.org

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A new poverty line shifted the World Bank's poverty data. What changed and why?

ourworldindata.org

RSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 18 days ago
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$3 a day: A new poverty line has shifted the World Bank’s data on extreme poverty. What changed, and why?
ourworldindata.org
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In June 2025, the World Bank increased its extreme poverty estimates by 125 million people. This doesn’t mean the world has gotten poorer: it reflects a new, higher International Poverty Line of $3 a day, up from $2.15.

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