Number of people living in extreme poverty in Venezuela

Venezuela: Number of people living in extreme poverty was 24.58 million people in 2006. ▲ Rising

Latest (2006)
24.58 million people
Change on year
up 12.1%
World rank
38th
of 120 countries
All-time high
24.58 million people
in 2006
All-time low
13.91 million people
in 1981
Years of data
13
1981–2006

Number of people living in extreme poverty in Venezuela, 1981–2006

05.0M10.0M15.0M20.0M25.0M1981199320061981: 13.9M people1987: 16.1M people1989: 17.9M people1992: 19.4M people1995: 18.8M people1998: 20.1M people1999: 20.0M people2001: 21.3M people2002: 19.8M people2003: 18.9M people2004: 20.3M people2005: 21.9M people2006: 24.6M people

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in people.

Analysis

The most recent figure for number of people living in extreme poverty in Venezuela is 24.58 million people, measured in 2006. That is the highest value across all 13 years on record.

Compared with earlier readings it is up 12.1% on the previous year and up 30.5% over ten years.

Over the whole period, number of people living in extreme poverty in Venezuela peaked at 24.58 million people in 2006 and was at its lowest, 13.91 million people, in 1981.

Venezuela ranks 38th of 120 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 13 years of available data.

Number of people living in extreme poverty in Venezuela, year by year

Annual values for Number of people living in extreme poverty in Venezuela, 1981 to 2006.
Year people Change
1981 13.91 million people —
1987 16.14 million people +16.0%
1989 17.94 million people +11.2%
1992 19.35 million people +7.8%
1995 18.83 million people -2.7%
1998 20.09 million people +6.7%
1999 20.05 million people -0.2%
2001 21.30 million people +6.2%
2002 19.80 million people -7.0%
2003 18.87 million people -4.7%
2004 20.35 million people +7.8%
2005 21.93 million people +7.8%
2006 24.58 million people +12.1%

Venezuela compared with similar countries

  • Venezuela's 24.58 million people is above the median for lower middle income countries, which is 14.39 million people, 1.7× the median. (29 countries reporting)
  • Venezuela's 24.58 million people is above the median for Latin America & Caribbean, which is 11.75 million people, 2.1× the median. (18 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 16.00 million people 13.91 million people 17.94 million people 3
1990s 19.58 million people 18.83 million people 20.09 million people 4
2000s 21.14 million people 18.87 million people 24.58 million people 6

Countries ranked near Venezuela

  1. 35 Nepal 28.98 million people compare
  2. 36 Tanzania 27.88 million people compare
  3. 37 Australia 25.42 million people compare
  4. 39 Cote d'Ivoire 23.92 million people compare
  5. 40 Taiwan 23.46 million people compare
  6. 41 Uganda 22.31 million people compare

See the full ranking of 120 places →

More poverty & inequality data for Venezuela

All data for Venezuela →

Frequently asked questions

What is number of people living in extreme poverty in Venezuela?
Number of people living in extreme poverty in Venezuela was 24.58 million people in 2006, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest number of people living in extreme poverty recorded in Venezuela?
The highest recorded value was 24.58 million people in 2006.
What is the lowest number of people living in extreme poverty recorded in Venezuela?
The lowest recorded value was 13.91 million people in 1981.
How does Venezuela rank for number of people living in extreme poverty?
Venezuela ranks 38th out of 120 countries with data for 2006.
Is number of people living in extreme poverty rising or falling in Venezuela?
Over the last ten years it is up 30.5%. The long-run trend across the full record is rising.
Where does this Venezuela data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Number of people living in extreme poverty. Statizoid updates them automatically from the source API.

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Number of people living in extreme poverty in Venezuela. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 08 November 2026, from https://poverty.statizoid.com/stat/above-or-below-extreme-poverty-line-world-bank/venezuela-rb/

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About this data

Indicator
Number of people living in extreme poverty
Unit
people
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed

Number of people living in households with an income or consumption above $3 per day.