This indicator reflects the share of the population residing in households where the per capita income or consumption falls below half of the median income or consumption, providing a crucial insight into economic disparity and living standards within a nation. By employing 2017 Purchasing Power Parity (PPP) as a baseline, it offers a more equitable assessment of economic conditions across different regions. The data is sourced from the Poverty and Inequality Platform, although certain countries may have incomplete figures due to grouped or sensitive data. Furthermore, the reference year aligns with the timing of household surveys, ensuring that the indicator accurately captures contemporary socioeconomic realities, even in instances where survey periods overlap two years. This measurement serves as a critical tool for policymakers in identifying and addressing poverty-related issues.
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