International Poverty Line

The International Poverty Line is a threshold set by global organizations, like the World Bank, to measure extreme poverty worldwide. It represents the minimum income needed for a person to meet basic needs such as food, shelter, and clothing. As of 2023, this line is set at $2.15 per day (adjusted for inflation and purchasing power). If someone earns less than this amount daily, they are considered to be living in poverty. This standard helps compare poverty levels across countries and track progress in reducing global poverty.