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COMCEC Poverty Outlook 2019

3

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

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

For most countries, poverty levels decreased inmonetary terms for the last three decades. Indeed,

for the period 1981-2018 a significant progress was recorded in terms of the ratio of 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)

.

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

Source: World Bank

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Latest figure available is for 2015.

59,4

43,9

51,7

13,9

55,5

1,7

0

10

20

30

40

50

60

70

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

Low income

Lower middle income

Upper middle income

0

10000

20000

30000

40000

50000

60000

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

High income

Upper middle income

Lower middle income

Low income