Prosperity gap in High income
High income: Prosperity gap was 1 average shortfall from a prosperity standard of $28/day in 2024. ▼ Falling
Latest (2024)
1 average shortfall from a prosperity standard of $28/day
Change on year
down 9.1%
Rank
14th
of 14 groups
All-time high
1.9 average shortfall from a prosperity standard of $28/day
in 1994
All-time low
0.9 average shortfall from a prosperity standard of $28/day
in 2021
Years of data
43
1982–2024
Prosperity gap in High income, 1982–2024
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in average shortfall from a prosperity standard of $28/day.
Analysis
High income recorded 1 average shortfall from a prosperity standard of $28/day for prosperity gap in 2024.
Compared with earlier readings it is down 9.1% on the previous year and down 23.1% over ten years.
Over the whole period, prosperity gap in High income peaked at 1.9 average shortfall from a prosperity standard of $28/day in 1994 and was at its lowest, 0.9 average shortfall from a prosperity standard of $28/day, in 2021.
The long-run direction has been consistently falling across the 43 years of available data.
Prosperity gap in High income, year by year
| Year | average shortfall from a prosperity standard of $28/day | Change |
|---|---|---|
| 1982 | 1.8 average shortfall from a prosperity standard of $28/day | — |
| 1983 | 1.8 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1984 | 1.8 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1985 | 1.7 average shortfall from a prosperity standard of $28/day | -5.6% |
| 1986 | 1.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1987 | 1.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1988 | 1.6 average shortfall from a prosperity standard of $28/day | -5.9% |
| 1989 | 1.6 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1990 | 1.6 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1991 | 1.6 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1992 | 1.7 average shortfall from a prosperity standard of $28/day | +6.2% |
| 1993 | 1.8 average shortfall from a prosperity standard of $28/day | +5.9% |
| 1994 | 1.9 average shortfall from a prosperity standard of $28/day | +5.6% |
| 1995 | 1.7 average shortfall from a prosperity standard of $28/day | -10.5% |
| 1996 | 1.8 average shortfall from a prosperity standard of $28/day | +5.9% |
| 1997 | 1.7 average shortfall from a prosperity standard of $28/day | -5.6% |
| 1998 | 1.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1999 | 1.8 average shortfall from a prosperity standard of $28/day | +5.9% |
| 2000 | 1.7 average shortfall from a prosperity standard of $28/day | -5.6% |
| 2001 | 1.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2002 | 1.6 average shortfall from a prosperity standard of $28/day | -5.9% |
| 2003 | 1.6 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2004 | 1.5 average shortfall from a prosperity standard of $28/day | -6.3% |
| 2005 | 1.5 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2006 | 1.4 average shortfall from a prosperity standard of $28/day | -6.7% |
| 2007 | 1.3 average shortfall from a prosperity standard of $28/day | -7.1% |
| 2008 | 1.3 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2009 | 1.3 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2010 | 1.3 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2011 | 1.3 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2012 | 1.3 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2013 | 1.2 average shortfall from a prosperity standard of $28/day | -7.7% |
| 2014 | 1.3 average shortfall from a prosperity standard of $28/day | +8.3% |
| 2015 | 1.2 average shortfall from a prosperity standard of $28/day | -7.7% |
| 2016 | 1.2 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2017 | 1.2 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2018 | 1.2 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2019 | 1.1 average shortfall from a prosperity standard of $28/day | -8.3% |
| 2020 | 1 average shortfall from a prosperity standard of $28/day | -9.1% |
| 2021 | 0.9 average shortfall from a prosperity standard of $28/day | -10.0% |
| 2022 | 1.1 average shortfall from a prosperity standard of $28/day | +22.2% |
| 2023 | 1.1 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2024 | 1 average shortfall from a prosperity standard of $28/day | -9.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.71 average shortfall from a prosperity standard of $28/day | 1.6 average shortfall from a prosperity standard of $28/day | 1.8 average shortfall from a prosperity standard of $28/day | 8 |
| 1990s | 1.73 average shortfall from a prosperity standard of $28/day | 1.6 average shortfall from a prosperity standard of $28/day | 1.9 average shortfall from a prosperity standard of $28/day | 10 |
| 2000s | 1.49 average shortfall from a prosperity standard of $28/day | 1.3 average shortfall from a prosperity standard of $28/day | 1.7 average shortfall from a prosperity standard of $28/day | 10 |
| 2010s | 1.23 average shortfall from a prosperity standard of $28/day | 1.1 average shortfall from a prosperity standard of $28/day | 1.3 average shortfall from a prosperity standard of $28/day | 10 |
| 2020s | 1.02 average shortfall from a prosperity standard of $28/day | 0.9 average shortfall from a prosperity standard of $28/day | 1.1 average shortfall from a prosperity standard of $28/day | 5 |
Countries ranked near High income
- 11 Nigeria 9.8 average shortfall from a prosperity standard of $28/day compare
- 12 Burkina Faso 9.4 average shortfall from a prosperity standard of $28/day compare
- 13 Ethiopia 9.1 average shortfall from a prosperity standard of $28/day compare
- 13 Guinea-Bissau 9.1 average shortfall from a prosperity standard of $28/day compare
- 15 Rwanda 8.8 average shortfall from a prosperity standard of $28/day compare
- 16 Togo 8.6 average shortfall from a prosperity standard of $28/day compare
- 17 Mali 8.5 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for High income
- Poverty headcount ratio at $3.00 a day (2021 PPP) 0.6% (2024)
- Poverty gap at $3.00 a day (2021 PPP) 0.4% (2024)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 0.7% (2024)
- Poverty headcount ratio at $8.30 a day (2021 PPP) 1.7% (2024)
- Poverty gap at $4.20 a day (2021 PPP) 0.5% (2024)
- Poverty headcount ratio at societal poverty line 15.4% (2024)
- Poverty gap at $8.30 a day (2021 PPP) 0.8% (2024)
- Population living in slums 1.1% (2022)
- Multidimensional poverty headcount ratio (World Bank) 1.3% (2024)
Frequently asked questions
- What is prosperity gap in High income?
- Prosperity gap in High income was 1 average shortfall from a prosperity standard of $28/day in 2024, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest prosperity gap recorded in High income?
- The highest recorded value was 1.9 average shortfall from a prosperity standard of $28/day in 1994.
- What is the lowest prosperity gap recorded in High income?
- The lowest recorded value was 0.9 average shortfall from a prosperity standard of $28/day in 2021.
- How does High income rank for prosperity gap?
- High income ranks 14th out of 14 groups with data for 2024.
- Is prosperity gap rising or falling in High income?
- Over the last ten years it is down 23.1%. The long-run trend across the full record is falling.
- Where does this High income data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.