Poverty Gap

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Dictionary Says

Definition of 'Poverty Gap '

The average shortfall of the total population from the poverty line. This measurement is used to reflect the intensity of poverty. The poverty line that is used for measuring this gap is the amount typical to the poorest countries in the world combined with the latest information on the cost of living in developing countries. The poverty line is indicated by the widely accepted international standard for extreme poverty. This standard is $1.25 daily. However, it's been difficult to set a common international poverty threshold since different countries have different thresholds for poverty.
Investopedia Says

Investopedia explains 'Poverty Gap '

The poverty gap indicator is produced by the World Bank Development Research Group. It measures poverty using information from household per capita income/consumption. The poverty gap data is available for 115 countries worldwide and is updated semiannually in April and September.

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'Poverty Gap '

  • The Wealth Gap: Developing Nations Are Catching Up - Investopedia. ...

    http://financialedge.investopedia.com/financial-edge/0910/The-Wealth-Gap-Developing-Nations-Are-Catching-Up.aspx
    ... the gap and we'll all be a little better off. (For more, see Re-evaluating Emerging
    Markets.). For the latest financial news, see Water Cooler Finance: Poverty ...
  • The Gini Index: Measuring Income Distribution

    http://www.investopedia.com/articles/economics/08/Gini-index.asp
    ... of slums and poverty that few of us want to experience firsthand, and offers a striking
    contrast to the living conditions of the rich. If the gap between rich ...
  • The Minimum Wage: Does It Matter?

    http://www.investopedia.com/articles/07/minimum_wage.asp
    ... increasing the minimum wage argue that such an increase lifts people out of poverty,
    helps low-income families make ends meet and narrows the gap between the ...
  • 3 Economic Reasons Behind The Protests In Egypt - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0311/3-Economic-Reasons-Behind-The-Protests-In-Egypt.aspx
    ... As the economy grew over the past several years, the number of people living in
    poverty continued to increase ... The gap between rich and poor continues to grow. ...
  • How International Tax Rates Impact Your Investments

    http://www.investopedia.com/articles/04/071404.asp
    ... lived in the US In 2000, 12% of the US population was below the poverty line. ... In
    2004, the gap in research and development (R&D) expenditure continued to widen ...

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