Their short lengths of records limit their applications in drought monitoring. In addition to this limitation, long-term low resolution satellite-based gauge-adjusted data sets such as the Global Precipitation Climatology Project (GPCP) one are not available in near real-time form for timely drought monitoring. This study bridges the gap between low resolution long-term satellite gauge-adjusted data and the emerging high resolution satellite precipitation data sets to create a long-term climate data record of droughts. To accomplish this, a Bayesian correction algorithm is used to combine GPCP data with real-time satellite precipitation data sets for drought monitoring and analysis.