Malawi: Poverty ratio
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Malawi |
Poverty, percent of population |
---|---|
Latest value | 50.70 |
Year | 2019 |
Measure | percent |
Data availability | 1997 - 2019 |
Average | 54.12 |
Min - Max | 50.70 - 65.30 |
Source | The World Bank |
The latest value from 2019 is 50.7 percent, a decline from 51.5 percent in 2016. In comparison, the world average is 19.76 percent, based on data from 69 countries. Historically, the average for Malawi from 1997 to 2019 is 54.12 percent. The minimum value, 50.7 percent, was reached in 2010 while the maximum of 65.3 percent was recorded in 1997.
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Definition: National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates from household surveys. For economies for which the data are from EU-SILC, the reported year is the income reference year, which is the year before the survey year.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Gini inequality index | 38.50 | 2019 | index points |
Poverty ratio | 50.70 | 2019 | percent |
Poverty at 1.90 USD per day | 70.10 | 2019 | percent |
Poverty at 5.50 USD per day | 97.30 | 2019 | percent |
Top 10 percent income share | 31.00 | 2019 | percent |