Ecuador: Poverty at 5.50 USD per day
* indicates monthly or quarterly data series
| Ecuador |
Poverty ratio, percent living on less than 5.50 USD a day |
|---|---|
| Latest value | 29.60 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1987 - 2023 |
| Average | 43.39 |
| Min - Max | 27.10 - 75.90 |
| Source | The World Bank |
The latest value from 2023 is 29.6 percent, a decline from 29.9 percent in 2022. In comparison, the world average is 29.25 percent, based on data from 4 countries. Historically, the average for Ecuador from 1987 to 2023 is 43.39 percent. The minimum value, 27.1 percent, was reached in 2017 while the maximum of 75.9 percent was recorded in 2000.
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Definition: Poverty headcount ratio at $6.85 a day is the percentage of the population living on less than $6.85 a day at 2017 international prices.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Gini inequality index | 44.60 | 2023 | index points |
| Poverty ratio | 25.20 | 2022 | percent |
| Poverty at 1.90 USD per day | 3.80 | 2023 | percent |
| Poverty at 5.50 USD per day | 29.60 | 2023 | percent |
| Top 10 percent income share | 33.20 | 2023 | percent |