Prosperity gap in Low income
Low income: Prosperity gap was 13.4 average shortfall from a prosperity standard of $28/day in 2023. ▼ Falling
Latest (2023)
13.4 average shortfall from a prosperity standard of $28/day
Change on year
down 0.7%
Rank
1st
of 14 groups
All-time high
20 average shortfall from a prosperity standard of $28/day
in 1995
All-time low
12.6 average shortfall from a prosperity standard of $28/day
in 2013
Years of data
27
1995–2023
Prosperity gap in Low income, 1995–2023
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 income is 13.4 average shortfall from a prosperity standard of $28/day, measured in 2023.
Compared with earlier readings it is down 0.7% on the previous year and up 6.3% over ten years.
Over the whole period, prosperity gap in Low income peaked at 20 average shortfall from a prosperity standard of $28/day in 1995 and was at its lowest, 12.6 average shortfall from a prosperity standard of $28/day, in 2013.
The long-run direction has been consistently falling across the 27 years of available data.
Prosperity gap in Low income, year by year
| Year | average shortfall from a prosperity standard of $28/day | Change |
|---|---|---|
| 1995 | 20 average shortfall from a prosperity standard of $28/day | — |
| 1996 | 19.6 average shortfall from a prosperity standard of $28/day | -2.0% |
| 1997 | 19.4 average shortfall from a prosperity standard of $28/day | -1.0% |
| 1998 | 19.4 average shortfall from a prosperity standard of $28/day | +0.0% |
| 1999 | 19 average shortfall from a prosperity standard of $28/day | -2.1% |
| 2000 | 19.1 average shortfall from a prosperity standard of $28/day | +0.5% |
| 2001 | 18.5 average shortfall from a prosperity standard of $28/day | -3.1% |
| 2002 | 18.3 average shortfall from a prosperity standard of $28/day | -1.1% |
| 2003 | 17.6 average shortfall from a prosperity standard of $28/day | -3.8% |
| 2004 | 16.9 average shortfall from a prosperity standard of $28/day | -4.0% |
| 2005 | 16.3 average shortfall from a prosperity standard of $28/day | -3.6% |
| 2006 | 15.7 average shortfall from a prosperity standard of $28/day | -3.7% |
| 2007 | 14.8 average shortfall from a prosperity standard of $28/day | -5.7% |
| 2008 | 14 average shortfall from a prosperity standard of $28/day | -5.4% |
| 2009 | 14.3 average shortfall from a prosperity standard of $28/day | +2.1% |
| 2010 | 13.7 average shortfall from a prosperity standard of $28/day | -4.2% |
| 2011 | 13.4 average shortfall from a prosperity standard of $28/day | -2.2% |
| 2012 | 12.9 average shortfall from a prosperity standard of $28/day | -3.7% |
| 2013 | 12.6 average shortfall from a prosperity standard of $28/day | -2.3% |
| 2014 | 12.6 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2015 | 12.7 average shortfall from a prosperity standard of $28/day | +0.8% |
| 2016 | 12.9 average shortfall from a prosperity standard of $28/day | +1.6% |
| 2017 | 13 average shortfall from a prosperity standard of $28/day | +0.8% |
| 2020 | 13.7 average shortfall from a prosperity standard of $28/day | +5.4% |
| 2021 | 13.7 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2022 | 13.5 average shortfall from a prosperity standard of $28/day | -1.5% |
| 2023 | 13.4 average shortfall from a prosperity standard of $28/day | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.48 average shortfall from a prosperity standard of $28/day | 19 average shortfall from a prosperity standard of $28/day | 20 average shortfall from a prosperity standard of $28/day | 5 |
| 2000s | 16.55 average shortfall from a prosperity standard of $28/day | 14 average shortfall from a prosperity standard of $28/day | 19.1 average shortfall from a prosperity standard of $28/day | 10 |
| 2010s | 12.97 average shortfall from a prosperity standard of $28/day | 12.6 average shortfall from a prosperity standard of $28/day | 13.7 average shortfall from a prosperity standard of $28/day | 8 |
| 2020s | 13.57 average shortfall from a prosperity standard of $28/day | 13.4 average shortfall from a prosperity standard of $28/day | 13.7 average shortfall from a prosperity standard of $28/day | 4 |
Countries ranked near Low income
- 1 Mozambique 24.4 average shortfall from a prosperity standard of $28/day compare
- 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
More poverty & inequality data for Low income
- Poverty headcount ratio at $3.00 a day (2021 PPP) 52.9% (2023)
- Poverty gap at $3.00 a day (2021 PPP) 21.6% (2023)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 70.6% (2023)
- Poverty headcount ratio at $8.30 a day (2021 PPP) 92.5% (2023)
- Poverty gap at $4.20 a day (2021 PPP) 33.3% (2023)
- Poverty headcount ratio at societal poverty line 55.1% (2023)
- Poverty gap at $8.30 a day (2021 PPP) 58.6% (2023)
- Population living in slums 61.2% (2022)
- Multidimensional poverty headcount ratio (World Bank) 73.6% (2023)
Frequently asked questions
- What is prosperity gap in Low income?
- Prosperity gap in Low income was 13.4 average shortfall from a prosperity standard of $28/day in 2023, 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 income?
- The highest recorded value was 20 average shortfall from a prosperity standard of $28/day in 1995.
- What is the lowest prosperity gap recorded in Low income?
- The lowest recorded value was 12.6 average shortfall from a prosperity standard of $28/day in 2013.
- How does Low income rank for prosperity gap?
- Low income ranks 1st out of 14 groups with data for 2023.
- Is prosperity gap rising or falling in Low income?
- Over the last ten years it is up 6.3%. The long-run trend across the full record is falling.
- Where does this Low 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 — 27 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.