International Poverty Line 2024. The march 2024 update to the poverty and inequality platform (pip) involves several changes to the data underlying the global poverty estimates. This means that anyone living on less than $2.15 a day is considered to be living in extreme poverty.

Since the onset of the health emergency to the end of 2022, when in response to the rising cost of living the. When measuring international poverty of a country, the international poverty line at ppp is converted to local currencies in 2011 price and is then converted to the prices prevailing at the.