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Fact Sheet: An Adjustment to Global Poverty Lines

The World Bank updated the global poverty lines in September 2022. The decision, announced in May, follows the release in 2020 of new purchasing power parities (PPPs)—the main data used to convert different currencies into a common, comparable unit and account for price differences across countries. The new extreme poverty line of $2.15 per person per day, which replaces the $1.90 poverty line, is based on 2017 PPPs. Here you find more information about this change and what it means for measuring global poverty.

Last updated: Sep 14, 2022