This metric quantifies the proportion of individuals residing below a poverty threshold of $6.85 daily, adjusted for 2017 purchasing power parity (PPP), reflecting the economic conditions of varied nations. By conveying the scale of poverty, it highlights not just the prevalence of deprivation but also the daily struggles of households making do with limited resources. This indicator serves as a crucial benchmark for policymakers and researchers, helping to identify regions or demographics most affected by poverty. It also underscores the effectiveness of economic policies aimed at poverty alleviation, prompting informed discussions about sustainable development, social welfare, and resource distribution while providing insight into global inequality trends.
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