Income share held by lowest 10% in Venezuela
Venezuela: Income share held by lowest 10% was 1.2% in 2006. ▼ Falling
Income share held by lowest 10% in Venezuela, 1981–2006
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.
Analysis
Venezuela recorded 1.2% for income share held by lowest 10% in 2006.
That represents a change of up 100.0% on the previous year and down 7.7% over ten years.
Over the whole period, income share held by lowest 10% in Venezuela peaked at 1.6% in 1992 and was at its lowest, 0.6%, in 2005.
That places Venezuela 118th out of 123 countries with data for 2006, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Income share held by lowest 10% in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1981 | 1.2% | — |
| 1987 | 1.3% | +8.3% |
| 1989 | 1.4% | +7.7% |
| 1992 | 1.6% | +14.3% |
| 1995 | 1.3% | -18.8% |
| 1998 | 1.0% | -23.1% |
| 1999 | 1.1% | +10.0% |
| 2001 | 1.2% | +9.1% |
| 2002 | 0.9% | -25.0% |
| 2003 | 0.9% | +0.0% |
| 2004 | 0.9% | +0.0% |
| 2005 | 0.6% | -33.3% |
| 2006 | 1.2% | +100.0% |
Venezuela compared with similar countries
- Venezuela's 1.2% is below the median for lower middle income countries, which is 3.0%, 40% of the median. (29 countries reporting)
- Venezuela's 1.2% is below the median for Latin America & Caribbean, which is 1.9%, 63% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Income share held by lowest 10% in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +100.0% | 0.6% | 1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.3% | 1.2% | 1.4% | 3 |
| 1990s | 1.2% | 1.0% | 1.6% | 4 |
| 2000s | 1.0% | 0.6% | 1.2% | 6 |
Countries ranked near Venezuela
More poverty & inequality data for Venezuela
- Number of income/consumption surveys in the past decade available via the World Bank 0 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 2.08 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 4,080 kg per hectare (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate 15.68 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 20.19 (2015)
- Tax revenue as share of GDP vs. income inequality 20.2% (2015)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2015)
Frequently asked questions
- What is income share held by lowest 10% in Venezuela?
- Income share held by lowest 10% in Venezuela was 1.2% in 2006, according to 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.
- What is the highest income share held by lowest 10% recorded in Venezuela?
- The highest recorded value was 1.6% in 1992.
- What is the lowest income share held by lowest 10% recorded in Venezuela?
- The lowest recorded value was 0.6% in 2005.
- How does Venezuela rank for income share held by lowest 10%?
- Venezuela ranks 118th out of 123 countries with data for 2006.
- Is income share held by lowest 10% rising or falling in Venezuela?
- Over the last ten years it is down 7.7%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures 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 part of Income share held by lowest 10%. Statizoid updates them automatically from the source API.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.