An update to the World Bank’s estimates of consumption poverty in the developing world (2012)

What this document is

This document is an update to the World Bank’s estimates of consumption poverty in the developing world. The Bank monitors developing countries’ progress against absolute poverty, and this update covers the period 1981 to 2008, with preliminary estimates for 2010 based on a smaller sample.

The text explains that the latest estimates draw on more than 850 household surveys across almost 130 developing countries, representing about 90% of the developing world’s population, and that results for 2005 and 2008 are based on interviews with 1.23 million randomly sampled households. It notes that all money values are in real terms, adjusted for inflation and using exchange rates that reflect actual prices in each country, and that past estimates have been revised back to 1981 on a consistent basis.

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