Annualized average growth rate in per capita real survey mean consumption or income, total population (%)

The growth rate in the welfare aggregate of the total population is computed as the annualized average growth rate in per capita real consumption or income of the total population in the income distribution in a country from household surveys over a roughly 5-year period. Mean per capita real consumption or income is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries means are not reported due to grouped and/or confidential data. The annualized growth rate is computed as (Mean in final year/Mean in initial year)^(1/(Final year - Initial year)) - 1. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported. The initial year refers to the nearest survey collected 5 years before the most recent survey available, only surveys collected between 3 and 7 years before the most recent survey are considered. The coverage and quality of the 2017 PPP price data for Iraq and most other North African and Middle Eastern countries were hindered by the exceptional period of instability they faced at the time of the 2017 exercise of the International Comparison Program. See the Poverty and Inequality Platform for detailed explanations. Development relevance: The World Bank Group's goal of promoting shared prosperity has been defined as fostering income growth of the bottom 40 per cent of the welfare distribution in every country. Limitations and exceptions: Because household surveys are infrequent in most countries and are not aligned across countries, comparisons across countries or over time should be made with a high degree of caution.
Publisher
The World Bank
Origin
Global
Records
15296
Source
Annualized average growth rate in per capita real survey mean consumption or income, total population (%)
country_code year value
AFG 1960
AGO 1960
ALB 1960
AND 1960
ARB 1960
ARE 1960
ARG 1960
ARM 1960
ATG 1960
AUS 1960
AUT 1960
AZE 1960
BDI 1960
BEL 1960
BEN 1960
BFA 1960
BGD 1960
BGR 1960
BHR 1960
BHS 1960
BIH 1960
BLR 1960
BLZ 1960
BOL 1960
BRA 1960
BRB 1960
BRN 1960
BTN 1960
BWA 1960
CAF 1960
CAN 1960
CEB 1960
CHE 1960
CHL 1960
CHN 1960
CIV 1960
CMR 1960
COD 1960
COG 1960
COL 1960
COM 1960
CPV 1960
CRI 1960
CSS 1960
CUB 1960
CYP 1960
CZE 1960
DEU 1960
DJI 1960
DMA 1960
DNK 1960
DOM 1960
DZA 1960
EAP 1960
EAR 1960
EAS 1960
ECA 1960
ECS 1960
ECU 1960
EGY 1960
EMU 1960
ERI 1960
ESP 1960
EST 1960
ETH 1960
EUU 1960
FCS 1960
FIN 1960
FJI 1960
FRA 1960
FSM 1960
GAB 1960
GBR 1960
GEO 1960
GHA 1960
GIN 1960
GMB 1960
GNB 1960
GNQ 1960
GRC 1960
GRD 1960
GTM 1960
GUY 1960
HIC 1960
HND 1960
HPC 1960
HRV 1960
HTI 1960
HUN 1960
IBD 1960
IBT 1960
IDA 1960
IDB 1960
IDN 1960
IDX 1960
IND 1960
IRL 1960
IRN 1960
IRQ 1960
ISL 1960

Annualized average growth rate in per capita real survey mean consumption or income, total population (%)

The growth rate in the welfare aggregate of the total population is computed as the annualized average growth rate in per capita real consumption or income of the total population in the income distribution in a country from household surveys over a roughly 5-year period. Mean per capita real consumption or income is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries means are not reported due to grouped and/or confidential data. The annualized growth rate is computed as (Mean in final year/Mean in initial year)^(1/(Final year - Initial year)) - 1. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported. The initial year refers to the nearest survey collected 5 years before the most recent survey available, only surveys collected between 3 and 7 years before the most recent survey are considered. The coverage and quality of the 2017 PPP price data for Iraq and most other North African and Middle Eastern countries were hindered by the exceptional period of instability they faced at the time of the 2017 exercise of the International Comparison Program. See the Poverty and Inequality Platform for detailed explanations. Development relevance: The World Bank Group's goal of promoting shared prosperity has been defined as fostering income growth of the bottom 40 per cent of the welfare distribution in every country. Limitations and exceptions: Because household surveys are infrequent in most countries and are not aligned across countries, comparisons across countries or over time should be made with a high degree of caution.
Publisher
The World Bank
Origin
Global
Records
15296
Source