Prosperity gap in Low & middle income
Low & middle income: Prosperity gap was 5.4 average shortfall from a prosperity standard of $28/day in 2024. ▼ Falling
Latest (2024)
5.4 average shortfall from a prosperity standard of $28/day
Change on year
down 1.8%
Rank
5th
of 14 groups
All-time high
14 average shortfall from a prosperity standard of $28/day
in 1984
All-time low
5.4 average shortfall from a prosperity standard of $28/day
in 2024
Years of data
41
1984–2024
Prosperity gap in Low & middle income, 1984–2024
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
The most recent figure for prosperity gap in Low & middle income is 5.4 average shortfall from a prosperity standard of $28/day, measured in 2024. That is the lowest value across all 41 years on record.
Compared with earlier readings it is down 1.8% on the previous year and down 14.3% over ten years.
Over the whole period, prosperity gap in Low & middle income peaked at 14 average shortfall from a prosperity standard of $28/day in 1984 and was at its lowest, 5.4 average shortfall from a prosperity standard of $28/day, in 2024.
The long-run direction has been consistently falling across the 41 years of available data.
Prosperity gap in Low & middle income, year by year
| Year | average shortfall from a prosperity standard of $28/day | Change |
|---|---|---|
| 1984 | 14 average shortfall from a prosperity standard of $28/day | — |
| 1985 | 13.6 average shortfall from a prosperity standard of $28/day | -2.9% |
| 1986 | 13.2 average shortfall from a prosperity standard of $28/day | -2.9% |
| 1987 | 13 average shortfall from a prosperity standard of $28/day | -1.5% |
| 1988 | 12.5 average shortfall from a prosperity standard of $28/day | -3.8% |
| 1989 | 13.1 average shortfall from a prosperity standard of $28/day | +4.8% |
| 1990 | 13 average shortfall from a prosperity standard of $28/day | -0.8% |
| 1991 | 12.9 average shortfall from a prosperity standard of $28/day | -0.8% |
| 1992 | 12.8 average shortfall from a prosperity standard of $28/day | -0.8% |
| 1993 | 12.6 average shortfall from a prosperity standard of $28/day | -1.6% |
| 1994 | 12.1 average shortfall from a prosperity standard of $28/day | -4.0% |
| 1995 | 11.7 average shortfall from a prosperity standard of $28/day | -3.3% |
| 1996 | 11.4 average shortfall from a prosperity standard of $28/day | -2.6% |
| 1997 | 11.3 average shortfall from a prosperity standard of $28/day | -0.9% |
| 1998 | 11.4 average shortfall from a prosperity standard of $28/day | +0.9% |
| 1999 | 11.2 average shortfall from a prosperity standard of $28/day | -1.8% |
| 2000 | 10.9 average shortfall from a prosperity standard of $28/day | -2.7% |
| 2001 | 10.6 average shortfall from a prosperity standard of $28/day | -2.8% |
| 2002 | 10.2 average shortfall from a prosperity standard of $28/day | -3.8% |
| 2003 | 9.8 average shortfall from a prosperity standard of $28/day | -3.9% |
| 2004 | 9.4 average shortfall from a prosperity standard of $28/day | -4.1% |
| 2005 | 9 average shortfall from a prosperity standard of $28/day | -4.3% |
| 2006 | 8.7 average shortfall from a prosperity standard of $28/day | -3.3% |
| 2007 | 8.3 average shortfall from a prosperity standard of $28/day | -4.6% |
| 2008 | 8 average shortfall from a prosperity standard of $28/day | -3.6% |
| 2009 | 7.9 average shortfall from a prosperity standard of $28/day | -1.2% |
| 2010 | 7.5 average shortfall from a prosperity standard of $28/day | -5.1% |
| 2011 | 7.1 average shortfall from a prosperity standard of $28/day | -5.3% |
| 2012 | 6.8 average shortfall from a prosperity standard of $28/day | -4.2% |
| 2013 | 6.4 average shortfall from a prosperity standard of $28/day | -5.9% |
| 2014 | 6.3 average shortfall from a prosperity standard of $28/day | -1.6% |
| 2015 | 6.1 average shortfall from a prosperity standard of $28/day | -3.2% |
| 2016 | 6 average shortfall from a prosperity standard of $28/day | -1.6% |
| 2017 | 5.8 average shortfall from a prosperity standard of $28/day | -3.3% |
| 2018 | 5.7 average shortfall from a prosperity standard of $28/day | -1.7% |
| 2019 | 5.6 average shortfall from a prosperity standard of $28/day | -1.8% |
| 2020 | 5.8 average shortfall from a prosperity standard of $28/day | +3.6% |
| 2021 | 5.7 average shortfall from a prosperity standard of $28/day | -1.7% |
| 2022 | 5.6 average shortfall from a prosperity standard of $28/day | -1.8% |
| 2023 | 5.5 average shortfall from a prosperity standard of $28/day | -1.8% |
| 2024 | 5.4 average shortfall from a prosperity standard of $28/day | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.23 average shortfall from a prosperity standard of $28/day | 12.5 average shortfall from a prosperity standard of $28/day | 14 average shortfall from a prosperity standard of $28/day | 6 |
| 1990s | 12.04 average shortfall from a prosperity standard of $28/day | 11.2 average shortfall from a prosperity standard of $28/day | 13 average shortfall from a prosperity standard of $28/day | 10 |
| 2000s | 9.28 average shortfall from a prosperity standard of $28/day | 7.9 average shortfall from a prosperity standard of $28/day | 10.9 average shortfall from a prosperity standard of $28/day | 10 |
| 2010s | 6.33 average shortfall from a prosperity standard of $28/day | 5.6 average shortfall from a prosperity standard of $28/day | 7.5 average shortfall from a prosperity standard of $28/day | 10 |
| 2020s | 5.6 average shortfall from a prosperity standard of $28/day | 5.4 average shortfall from a prosperity standard of $28/day | 5.8 average shortfall from a prosperity standard of $28/day | 5 |
Countries ranked near Low & middle income
- 2 Zambia 22.9 average shortfall from a prosperity standard of $28/day compare
- 3 Malawi 16.7 average shortfall from a prosperity standard of $28/day compare
- 4 Burundi 16.4 average shortfall from a prosperity standard of $28/day compare
- 5 Madagascar 14.4 average shortfall from a prosperity standard of $28/day compare
- 6 Uganda 13.1 average shortfall from a prosperity standard of $28/day compare
- 7 Ghana 11.3 average shortfall from a prosperity standard of $28/day compare
- 7 Niger 11.3 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Low & middle income
- Poverty headcount ratio at $3.00 a day (2021 PPP) 12.5% (2024)
- Poverty gap at $3.00 a day (2021 PPP) 4.2% (2024)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 22.8% (2024)
- Poverty headcount ratio at $8.30 a day (2021 PPP) 55.4% (2024)
- Poverty gap at $4.20 a day (2021 PPP) 8.0% (2024)
- Poverty headcount ratio at societal poverty line 26.9% (2024)
- Poverty gap at $8.30 a day (2021 PPP) 24.2% (2024)
- Multidimensional poverty headcount ratio (World Bank) 18.9% (2024)
Frequently asked questions
- What is prosperity gap in Low & middle income?
- Prosperity gap in Low & middle income was 5.4 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 Low & middle income?
- The highest recorded value was 14 average shortfall from a prosperity standard of $28/day in 1984.
- What is the lowest prosperity gap recorded in Low & middle income?
- The lowest recorded value was 5.4 average shortfall from a prosperity standard of $28/day in 2024.
- How does Low & middle income rank for prosperity gap?
- Low & middle income ranks 5th out of 14 groups with data for 2024.
- Is prosperity gap rising or falling in Low & middle income?
- Over the last ten years it is down 14.3%. The long-run trend across the full record is falling.
- Where does this Low & middle 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.
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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.