This indicator measures the average daily consumption or income per capita for individuals in the lowest 40% of the income distribution, adjusted to 2017 purchasing power parity (PPP) dollars. It serves as a crucial metric for understanding socioeconomic disparities within a country, reflecting the economic well-being of the marginalized segments of society. By focusing on this demographic, policymakers and researchers can gauge the effectiveness of poverty alleviation strategies and economic growth initiatives. Analyzing trends in this metric over time can reveal changes in living standards, indicate shifts in economic conditions, and help assess the impact of social policies aimed at enhancing equity and improving the welfare of the least advantaged populations.
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