This indicator measures the extent of poverty within a population by considering not only the proportion of individuals living in deprivation but also the severity of their disadvantages across various dimensions such as health, education, and living standards. By providing a normalized score ranging from 0 to 1, it captures a more nuanced understanding of poverty that reflects the intensity of the challenges faced by the poor. A higher score indicates a larger share of the population experiencing significant deprivation, allowing policymakers to identify critical areas needing intervention. This multifaceted approach offers deeper insights into the complexities of poverty, highlighting the need for targeted strategies that address both the breadth and depth of deprivation to foster sustainable development and improve quality of life.
Source: