Share in extreme poverty: Cost of basic needs approach vs. living on less than $1.90 a day, World, 1820 to
2018

The ‘cost of basic needs’ approach represents the share of the population unable to meet basic needs according to prices of locally-available goods and services at the time. TheInternational Poverty Line of $1.90 per day is an absolute global threshold to measure extreme poverty set by the World Bank.

1820201818501900195020000%20%40%60%‘Cost of basic needs’ approach Below $1.90 a day