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Poverty Headcount Ratio at 1.90USD a Day for Serbia

Indicator Definition:
Poverty headcount ratio at $1.90 a day is the percentage of the population living on less than $1.90 a day at 2011 international 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.

The statistic "Poverty Headcount Ratio at 1.90USD a Day" stands at 1.10 percent as of 12/31/2023, the lowest value since 12/31/2011.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.9 percentage points compared to the value the year prior.
The 1 year change in percentage points is -0.9.
The 3 year change in percentage points is -0.9.
The 5 year change in percentage points is -3.10.
The 10 year change in percentage points is -6.70.

The Serie's long term average value is 3.21 percent. It's latest available value, on 12/31/2023, is 2.11 percentage points lower, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/2008, to it's latest available value, on 12/31/2023, is +0.8.
The Serie's change in percentage points from it's maximum value, on 12/31/2014, to it's latest available value, on 12/31/2023, is -7.80.

Display Metadata Information

Measure	Realization
Indicator Name:	Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population)
Indicator 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 economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org \| macro-rankings.com
Indicator Description:	Poverty headcount ratio at $1.90 a day is the percentage of the population living on less than $1.90 a day at 2011 international 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.
Observations earliest Date:	12/31/2002
Observations latest Date:	12/31/2023