October 2024 Update to the Global Database of Shared Prosperity: What's New

Carlos Sabatino, Carolina Diaz-Bonilla, Danielle Aron, Cameron Haddad, Minh Nguyen and Haoyu Wu

No 41, Global Poverty Monitoring Technical Note Series from The World Bank

Abstract: This note introduces the 14th edition of the Global Database of Shared Prosperity (GDSP). Shared prosperity, a key indicator of inclusive growth, is measured as the annualized growth rate in per capita household income or consumption for the poorest 40 percent of a country’s population. This latest edition slightly revises figures released in April 2024, presenting data for 88 economies covering the period circa 2016-2021. The number of countries covered are the same as in the last edition with updated survey data in nine countries. This technical note outlines the GDSP methodology, presents the available data, and highlights key differences from the 13th edition. Importantly, this note also marks the final release of the GDSP in its current form, as the World Bank introduces the Global Prosperity Gap and the number of countries with high inequality as its new indicators to monitor shared prosperity.

Pages: 19 pages
Date: 2024-10
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