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Jul 10, 2020 · KUALA LUMPUR, July 10 — Malaysia revised the national poverty line income from RM980 to RM2,208, which means that over 400,000 households in the country with monthly incomes below this level were considered poor in 2019, the Department of Statistics Malaysia (DOSM) revealed today.
May 2, 2022 · The World Bank raised the international poverty line from $1.90 to $2.15 per person per day based on new purchasing power parities (PPPs). The fact sheet explains the reasons, methods, and implications of this change and how it affects global poverty estimates.
The main objectives of the HIS are to measure the economic well-being of the population; collect information on income distribution patterns of households classified by various socio-economic characteristics and provide the base data for the calculation of the Poverty Line Income (PLI).
The poverty threshold, poverty limit, poverty line, or breadline is the minimum level of income deemed adequate in a particular country. The poverty line is usually calculated by estimating the total cost of one year's worth of necessities for the average adult.
Oct 26, 2022 · To track progress towards its goal of eradicating extreme poverty by 2030, the UN relies on World Bank estimates of the share of the world population that fall below the International Poverty Line. In September 2022, the figure at which this poverty line is set shifted from $1.90 to $2.15.
Jul 10, 2020 · KUALA LUMPUR: The government has reviewed the Poverty Line Income (PGK) calculation methodology to ensure that the consumption patterns, needs, as well as demographics of Malaysian households are on par with the development the country has achieved since 2018.
This article outlines the key methodologies used in determining the PLI, and how these have evolved over time—the latest in 2019 when Malaysia’s PLI was raised. It concludes by reflecting on alternative monetary approaches to defining the poverty line using relative poverty measures.
