poverty gap

Rich-poor income difference

The poverty gap measures how far below the poverty line poor people actually fall—the difference between the poverty threshold and the average income of those living in poverty.

A country might have a low poverty rate but a deep poverty gap, meaning its poor are extremely poor.

The poverty gap widened during the recession as incomes at the bottom dropped further.

Economists use it to assess not just how many people are poor, but how poor they are.

Related

income · rich · chasm · struggle · welfare · hunger · homeless · deprivation · hardship · safety net · class · glass floor · social mobility · wages · living wage · debt · slum · survival

Categories
Opposites
economic disparity

poverty gapeconomic equality

Balanced distribution of resources

income equality · classless society · egalitarianism

economic condition

poverty gapshared wealth

Resources owned collectively

universal basic income · rising tide · economic security · welfare state · social safety net

Family

poverty, gap, poor, poorly, poorness, impoverish, impoverished, impoverishment, pauper

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Used worldwide · Timeless · Abstract · Negative · Rated G