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COMCEC Poverty Outlook 2018

3

Figure 1: GDP Per Capita (PPP) (Current International $)

Source: Own calculations from World Development Indicators of the World Bank

For most of the countries, poverty levels decreased in monetary terms for the last three decades.

Indeed, for the period 1981-2015 a significant progress is observed on the ratio of the people who

live under US$1.90. While, this ratio was 41.8 percent for upper-middle income countries, 44.8

percent for lower-middle income countries and 60,6 percent for low income countries in 1990,

these ratios fell to 1.7 percent, 13,9 percent and 43.9 percent respectively for the so-called income

groups in 2015

(Figure 2)

.

Figure 2: Poverty Headcount Ratio at US$1.90 a day (PPP) (% of Population)

Source: World Bank

0

5000

10000

15000

20000

25000

30000

35000

40000

45000

50000

1990

1991

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1997

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1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

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2016

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Low income

Lower middle income

Upper middle income

High income

0

10

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70

1981 1984 1987 1990 1993 1996 1999 2002 2005 2008 2010 2011 2012 2013 2015

Low income

Lower middle income

Upper middle income