RANKING: Organisation for Economic Co-operation and Development (OECD). OECD Factbook 2014: Economic, Environmental and Social Statistics: Household Income and Wealth - Poverty | Socioeconomic Indicator: Poverty Gap, 2010. Data-Planet™ Statistical Datasets by Conquest Systems, Inc. Dataset-ID: 062-001-075

• Main Author: Organisation For Economic Co-Operation And Development OECD
• Format: Article in Journal/Newspaper
• Language: English
• Published: Data-Planet™ Statistical Datasets by Conquest Systems, Inc. 2015
• Subjects: Standard of Living; Household Income; Poverty Rates; Economic Development; Income Distribution; Canada; Pacific; Iceland
• Online Access: https://dx.doi.org/10.6068/dp15153d7b91c63; http://statisticaldatasets.data-planet.com/dataplanet/Datasheet_DOI_Servlet?ID=15153d7b91c63&type=gwtdatasheet&version=1

Organisation for Economic Co-operation and Development (OECD). OECD Factbook 2014: Economic, Environmental and Social Statistics: Household Income and Wealth - Poverty | Socioeconomic Indicator: Poverty Gap, 2010. Data-Planet™ Statistical Datasets by Conquest Systems, Inc. Dataset-ID: 062-001-075 Dataset: Reports relative income poverty in the 34 Organisation for Economic Co-operation and Development (OECD) member countries, and Brazil, China, India, Indonesia, South Africa, and the Russian Federation, where available, as measured by the poverty rate and the poverty gap. The poverty rate is the ratio of the number of people whose income falls below the poverty line and the total population; the poverty line is here taken as half the median household income. Trends in poverty rates are presented as percentage point changes over three time periods. However, two countries with the same poverty rates may differ in terms of the relative income-level of the poor. To measure this dimension, the poverty gap, ie, the percentage by which the mean income of the poor falls below the poverty line, is also presented. Income is defined as household disposable income in a particular year. It consists of earnings, self-employment and capital income and public cash transfers; income taxes and social security contributions paid by households are deducted. The income of the household is attributed to each of its members, with an adjustment to reflect differences in needs for households of different sizes (ie the needs of a household composed of four people are assumed to be twice as large as those of a person living alone). This dataset provides indicators included in the OECD Factbook 2014: Economic, Environmental, and Social Statistics, updated annually by the Organisation for Economic Co-operation and Development (OECD). Indicators, reported in 12 broad subject areas, cover a wide range of topics: agriculture, economic production, education, energy, environment, foreign aid, health, industry, information and communications, international trade, labor force, population, taxation, public expenditure, and research and development. Data are provided for all OECD member countries and Brazil, China, India, Indonesia, Russia, and South Africa, where available. NOTE: The data presented here are copyrighted by OECD and reproduction is subject to OECD permissions policies: See http://www.oecd.org/rights for further information. Indicator descriptions are based on the OECD Factbook 2014. http://stats.oecd.org/BrandedView.aspx?oecd_bv_id=factbook-data-en&doi=data-00590-en The data were provided by national experts applying common methodologies and standardized definitions, which improves comparability; however, full standardization cannot be achieved. Also, small differences between periods and across countries are usually not significant. Measurement problems are especially severe at the bottom end of the income scale. Further, as large proportions of the population are clustered around the poverty line used here, small changes in their income can lead to large swings in poverty measures. Small differences between periods and across countries are usually not significant. Exact years for each country are provided under the section on “Measures of income inequality”. Please note that results refer to different years. “Late-2000s” data refer to the income in 2008 in all countries except Japan (2006); Denmark, Hungary and Turkey (2007); and Chile (2009). “Mid-1990s” data refer to the income earned between 1993 and 1996 in all countries for which data are available except Poland and Switzerland (2000); Estonia, Iceland, the Slovak Republic and Slovenia (2004); and Korea (2006). “Mid-1980s” data refer to the income earned between 1983 and 1987 in all countries for which data are available except Greece (1988); Portugal (1990); and the Czech Republic (1992). “Mid-1980s” data refer to the western Lander of Germany. “Late-2000s” data for Austria, Belgium, Ireland, Portugal and Spain are based on data collected via the European Union Statistics on Income and Living Conditions project and are not deemed to be fully comparable with those for earlier years; therefore these countries are not included in the “Mid-1980s to Late-2000s” changes. Category: Population and Income Subject: Standard of Living, Household Income, Poverty Rates, Economic Development, Income Distribution Source: Organisation for Economic Co-operation and Development (OECD) Established in 1961, when 18 European countries plus the United States and Canada joined together to create an organization dedicated to global development, the Organisation for Economic Co-operation and Development (OECD) today includes 34 member countries from around the globe, ranging from North and South America to Europe and the Asia-Pacific region. Member countries include many of the world’s advanced countries as well as emerging nations. The OECD mission remains the promotion of policies that will improve the economic and social well-being of people around the world. The OECD collects and analyzes data on a broad range of topics to help governments foster prosperity and fight poverty through economic growth and financial stability, at the same time taking the environmental implications of economic and social development into account. The OECD Secretariat collects and analyzes data, after which committees discuss policy regarding this information, the Council makes decisions, and then governments implement recommendations. The performance of individual countries is monitored following implementation via a system of multilateral surveillance and a peer review process. The OECD is headquartered in Paris, France, and it is funded by its member countries. National contributions are based on a formula that takes account of the size of each member's economy. The largest contributor is the United States, which provides nearly 24% of the budget, followed by Japan. http://www.oecd.org/