
Global Poverty Line
The Global Poverty Line is a benchmark established by international organizations, like the World Bank, to define the minimum income level needed to meet basic human needs such as food, shelter, and clothing. As of 2023, this threshold is set at $2.15 per day (adjusted for purchasing power), meaning anyone earning less than this amount is considered to be living in extreme poverty. It helps policymakers and aid organizations identify and support the world's most vulnerable populations, aiming to reduce poverty and improve living standards globally.