Latin America & Caribbean vs Nigeria: Poverty headcount ratio at $3.00 a day (2021 PPP)
Latin America & Caribbean
4.3%
in 2024
Nigeria
41.8%
in 2022
Latin America & Caribbean rank
8th
Nigeria rank
11th
Poverty headcount ratio at $3.00 a day (2021 PPP) over time
- Latin America & Caribbean
- Nigeria
How they compare
Nigeria currently reports 41.8% against 4.3% in Latin America & Caribbean, a difference of 37.5%.
That makes Nigeria's figure about 9.7 times Latin America & Caribbean's.
Across all 9 years both countries report, Nigeria has been ahead every year.
Latin America & Caribbean ranks 8th and Nigeria ranks 11th of 14 groups.
Nigeria has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 21.8% | 51.1% | 29.3% | Nigeria |
| 1990s | 20.0% | 58.0% | 38.0% | Nigeria |
| 2000s | 16.6% | 51.1% | 34.5% | Nigeria |
| 2010s | 7.0% | 36.5% | 29.5% | Nigeria |
| 2020s | 5.0% | 41.8% | 36.8% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher poverty headcount ratio at $3.00 a day (2021 ppp), Latin America & Caribbean or Nigeria?
- Nigeria, at 41.8% against 4.3% in Latin America & Caribbean as of 2022.
- What is the difference in poverty headcount ratio at $3.00 a day (2021 ppp) between Latin America & Caribbean and Nigeria?
- 37.5%, with Nigeria ahead.
- How many years of comparable data are there for Latin America & Caribbean and Nigeria?
- 9 years are reported by both, from 1985 to 2022.
- How do Latin America & Caribbean and Nigeria rank globally for poverty headcount ratio at $3.00 a day (2021 ppp)?
- Latin America & Caribbean ranks 8th and Nigeria ranks 11th of 14 groups.
- Where does this data come from?
- World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as Poverty headcount ratio at $3.00 a day (2021 PPP) (% of population). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Poverty headcount ratio at $3.00 a day is the percentage of the population living on less than $3.00 a day at 2021 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.