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Economy > Poverty Stats: compare key data on Russia & South Korea

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Definitions

  • Gap at $1 a day > PPP: Poverty gap is the mean shortfall from the poverty line (counting the nonpoor as having zero shortfall), expressed as a percentage of the poverty line. This measure reflects the depth of poverty as well as its incidence. Data showing as 0.5 signifies a poverty gap of less than 0.5 percent.
  • Gap at $2 a day > PPP: Poverty gap is the mean shortfall from the poverty line (counting the nonpoor as having zero shortfall), expressed as a percentage of the poverty line. This measure reflects the depth of poverty as well as its incidence. Data showing as 0.5 signifies a poverty gap of less than 0.5 percent.
  • Headcount ratio at $1 a day > PPP > % of population: Population below $1 a day is the percentage of the population living on less than $1.08 a day at 1993 international prices. As a result of revisions in PPP exchange rates, poverty rates cannot be compared with poverty rates reported previously for individual countries. Data showing as 2.0 signifies a poverty rate of less than 2.0 percent.
  • Headcount ratio at $2 a day > PPP > % of population: Population below $2 a day is the percentage of the population living on less than $2.15 a day at 1993 international prices. As a result of revisions in PPP exchange rates, poverty rates cannot be compared with poverty rates reported previously for individual countries. Data showing as 2.0 signifies a poverty rate of less than 2.0 percent.
  • Share of all poor people: The percentage of the world's total poor who live in each nation. 'Poor' here is defined as lving below the global poverty line of US$1 per day.
STAT Russia South Korea HISTORY
Gap at $1 a day > PPP 0.5%
Ranked 19th. The same as South Korea
0.5%
Ranked 20th.
Gap at $2 a day > PPP 3.09%
Ranked 16th. 6 times more than South Korea
0.5%
Ranked 27th.
Headcount ratio at $1 a day > PPP > % of population 2%
Ranked 19th. The same as South Korea
2%
Ranked 19th.
Headcount ratio at $2 a day > PPP > % of population 12.14%
Ranked 16th. 6 times more than South Korea
2%
Ranked 28th.
Share of all poor people 0.99%
Ranked 10th. 11 times more than South Korea
0.09%
Ranked 44th.

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