Micronesia: Poverty at 1.90 USD per day

The latest value from 2013 is 26.1 percent, an increase from 15.8 percent in 2005. In comparison, the world average is 5.71 percent, based on data from 76 countries. Historically, the average for Micronesia from 2005 to 2013 is 20.95 percent. The minimum value, 15.8 percent, was reached in 2005 while the maximum of 26.1 percent was recorded in 2013. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Poverty headcount ratio at $3.00 a day is the percentage of the population living on less than $3.00 a day at 2021 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.