Montenegro: Poverty at 5.50 USD per day
* indicates monthly or quarterly data series
| Montenegro |
Poverty ratio, percent living on less than 5.50 USD a day |
|---|---|
| Latest value | 14.50 |
| Year | 2021 |
| Measure | percent |
| Data availability | 2005 - 2021 |
| Average | 17.44 |
| Min - Max | 6.40 - 29.50 |
| Source | The World Bank |
The latest value from 2021 is 14.5 percent, a decline from 17.6 percent in 2020. In comparison, the world average is 28.42 percent, based on data from 78 countries. Historically, the average for Montenegro from 2005 to 2021 is 17.44 percent. The minimum value, 6.4 percent, was reached in 2008 while the maximum of 29.5 percent was recorded in 2012.
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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 | 34.30 | 2021 | index points |
| Poverty ratio | 20.00 | 2023 | percent |
| Poverty at 1.90 USD per day | 2.50 | 2021 | percent |
| Poverty at 5.50 USD per day | 14.50 | 2021 | percent |
| Top 10 percent income share | 24.70 | 2021 | percent |