Probably cause it looks like poverty is measured as > $30 per day. Using a set currency is terrible because purchasing power varies so much. For example that’s why there is a thing called the big Mac index. It measures how many big macs can someone on minimum wage earn across countries/regions.
Probably cause it looks like poverty is measured as > $30 per day. Using a set currency is terrible because purchasing power varies so much. For example that’s why there is a thing called the big Mac index. It measures how many big macs can someone on minimum wage earn across countries/regions.
https://en.wikipedia.org/wiki/Big_Mac_Index
Edit: it does mention that things are inflation and purchasing power adjustmented in the fine print at the bottom.
No. These are PPP and inflation adjusted numbers.
30 usd in my country is a pretty good salary