What is head count ratio ??
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Head count ratio is the population proportion that exists or lives below poverty threshhold.
Step by step explanation :
- It measures the proportion of population that is poor.
- It is calculated by dividing the total number of people in country how fall below a pre determined income level by total population
- It is the simplest and best known poverty measure
- It is easy to conduct and to be compared.
- For eg : if the head count ratio is 40% then the 40 % of population is under poverty line.
- Head count ratio of India is 21.9% as reported in 2011. This means 21.9% people in India are under poverty line.
- Similarly head count ratio of United states is 11.3% as reported in 2000.
- The country with largest head count ratio is south Sudan having 82.30% population below poverty line according to world bank .
- The country with least head count ratio is Iceland.
- The biggest disadvantage of head count ratio is that it does not tells the depth of poverty.
- If porer becomes more and more porer the head count ratio doesn't changes.
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