Guyana’s Estimated Poverty Rate Is Below 20 per Cent

Guyana’s estimated poverty rate is below 20 per cent

Dear Editor, In 2022, the World Bank (WB) published a fact sheet on Guyana, which asserted that Guyana’s poverty level, “measured using the upper-middle-income poverty line” (US$5.5 per day in 2011 under the PPP) has dropped from close to 61 per cent in 2006 to 48 per cent in 2019 but was still among the highest in the Latin America and Caribbean Region (LAC)”. I publicly challenged the accuracy of this estimate, and the WB has since removed the…

Guyana’s estimated poverty rate is below 20% - Guyana Chronicle

Dear Editor, IN 2022, the World Bank (WB) published a fact sheet on Guyana, which asserted that Guyana’s poverty level, “measured using the upper-middle income poverty line (US$5.5 per day in 2011 PPP) has dropped from close to 61% in 2006 to 48% in 2019, but was still among the highest in the Latin America […]