Latin America & Caribbean vs Tanzania, United Republic of: Prosperity gap

Latin America & Caribbean
3.1 average shortfall from a prosperity standard of $28/day
in 2024
Tanzania, United Republic of
10.6 average shortfall from a prosperity standard of $28/day
in 2018
Latin America & Caribbean rank
9th
Tanzania, United Republic of rank
9th

Prosperity gap over time

  • Latin America & Caribbean
  • Tanzania, United Republic of
510152025198120022024

How they compare

Tanzania, United Republic of currently reports 10.6 average shortfall from a prosperity standard of $28/day against 3.1 average shortfall from a prosperity standard of $28/day in Latin America & Caribbean, a difference of 7.5 average shortfall from a prosperity standard of $28/day.

That makes Tanzania, United Republic of's figure about 3.4 times Latin America & Caribbean's.

Across all 5 years both countries report, Tanzania, United Republic of has been ahead every year.

Latin America & Caribbean ranks 9th and Tanzania, United Republic of ranks 9th of 14 groups.

Tanzania, United Republic of has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Latin America & Caribbean Tanzania, United Republic of Difference Ahead
1990s 7.7 average shortfall from a prosperity standard of $28/day 16.5 average shortfall from a prosperity standard of $28/day 8.8 average shortfall from a prosperity standard of $28/day Tanzania, United Republic of
2000s 6.2 average shortfall from a prosperity standard of $28/day 18.8 average shortfall from a prosperity standard of $28/day 12.6 average shortfall from a prosperity standard of $28/day Tanzania, United Republic of
2010s 3.9 average shortfall from a prosperity standard of $28/day 10.65 average shortfall from a prosperity standard of $28/day 6.75 average shortfall from a prosperity standard of $28/day Tanzania, United Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher prosperity gap, Latin America & Caribbean or Tanzania, United Republic of?
Tanzania, United Republic of, at 10.6 average shortfall from a prosperity standard of $28/day against 3.1 average shortfall from a prosperity standard of $28/day in Latin America & Caribbean as of 2018.
What is the difference in prosperity gap between Latin America & Caribbean and Tanzania, United Republic of?
7.5 average shortfall from a prosperity standard of $28/day, with Tanzania, United Republic of ahead.
How many years of comparable data are there for Latin America & Caribbean and Tanzania, United Republic of?
5 years are reported by both, from 1991 to 2018.
How do Latin America & Caribbean and Tanzania, United Republic of rank globally for prosperity gap?
Latin America & Caribbean ranks 9th and Tanzania, United Republic of ranks 9th 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 Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & Caribbean vs Tanzania, United Republic of: Prosperity gap. Statizoid, drawing on 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. Retrieved 12 September 2026, from https://poverty.statizoid.com/compare/prosperity-gap-average-shortfall-from-a-prosperity-standard-of-28-day/latin-america-and-caribbean/tanzania/

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About this data

Indicator
Prosperity gap (average shortfall from a prosperity standard of $28/day)
Unit
average shortfall from a prosperity standard of $28/day
Source
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
137 places, 2,866 data points, 1963–2025
Last refreshed

The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.