International poverty line,
Definition of International poverty line:
The international poverty line is a monetary threshold under which an individual is considered to be living in poverty. It is calculated by taking the poverty threshold from each country—given the value of the goods needed to sustain one adult—and converting it into dollars. The current international poverty line is $1.90 per day.
The financial threshold determined by converting the poverty threshold of every country into dollars. People below this threshold are considered to be in poverty. Organizations determine which populations live in poverty when consumed goods and purchasing power parity are part of the calculation.
The international poverty line was originally set to roughly $1 a day. When purchasing power parity (PPP) and all goods consumed are considered in the calculation of the line, it allows organizations to determine which populations are considered to be in absolute poverty.
How to use International poverty line in a sentence?
- The international poverty line, which is currently $1.90 a day, is the threshold that determines whether someone is living in poverty.
- The line is based on the value of goods needed to sustain one adult.
- This metric, however, does not take into account access to sanitation, water, and electricity and what effect that has on their quality of life.
Meaning of International poverty line & International poverty line Definition