Ecuador EC: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: 2017 PPP per day

Ecuador EC: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: 2017 PPP per day data was reported at 5.190 Intl $/Day in 2023. This records a decrease from the previous number of 5.400 Intl $/Day for 2018. Ecuador EC: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: 2017 PPP per day data is updated yearly, averaging 5.295 Intl $/Day from Dec 2018 (Median) to 2023, with 2 observations. The data reached an all-time high of 5.400 Intl $/Day in 2018 and a record low of 5.190 Intl $/Day in 2023. Ecuador EC: Survey Mean Consumption or Income per Capita: Bottom 40% of Population: 2017 PPP per day data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Ecuador – Table EC.World Bank.WDI: Social: Poverty and Inequality. Mean consumption or income per capita (2017 PPP $ per day) of the bottom 40%, used in calculating the growth rate in the welfare aggregate of the bottom 40% of the population in the income distribution in a country.;World Bank, Global Database of Shared Prosperity (GDSP) (http://www.worldbank.org/en/topic/poverty/brief/global-database-of-shared-prosperity).;;The choice of consumption or income for a country is made according to which welfare aggregate is used to estimate extreme poverty in the Poverty and Inequality Platform (PIP). The practice adopted by the World Bank for estimating global and regional poverty is, in principle, to use per capita consumption expenditure as the welfare measure wherever available; and to use income as the welfare measure for countries for which consumption is unavailable. However, in some cases data on consumption may be available but are outdated or not shared with the World Bank for recent survey years. In these cases, if data on income are available, income is used. Whether data are for consumption or income per capita is noted in the footnotes. 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.

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