Wealth is the value of all natural, physical and financial assets owned by a household, reduced by its liabilities. Household wealth is a measure commonly used in food security assessments. It gives an idea of households’ ability to access food, the severity of food insecurity and gives information about the economic situation of the food insecure. It is used to differentiate between the poorer and the wealthier households in food security related indicators, such as food consumption, and thereby provides information on how to target the food insecure.
This guidance aims at complementing the Comprehensive Food Security & Vulnerability Analysis Guidelines (CFSVA 2009) with a practical step-by-step guidance on how to create one, while providing VAM officers and other food security analysts with a more general background of the wealth index.