March 2024 Update to the Poverty and Inequality Platform (PIP)
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Washington, DC: World Bank
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The March 2024 update to the Poverty
and Inequality Platform (PIP) involves several changes to
the data underlying the global poverty estimates. In
particular, some welfare aggregates have been revised, and
the CPI, national accounts, and population input data have
been updated. This document explains these changes in detail
and the reasoning behind them. Moreover, 101 new
country-years have been added, bringing the total number of
surveys to more than 2,300. Depending on the availability of
recent survey data, global and regional poverty estimates
are reported up to 2022. This is the first time PIP is
reporting global poverty estimates post-2019, covering the
period of the COVID-19 pandemic.
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WHAT'S NEW, MARCH 2024, PIP, NO POVERTY, GOOD HEALTH AND WELL-BEING