Number of people living in extreme poverty: September 2024 data vs. latest data in Venezuela

Venezuela: Number of people living in extreme poverty: September 2024 data vs. latest data was 2.64 million people in 2006. ▲ Rising

Latest (2006)
2.64 million people
Change on year
down 45.5%
World rank
31st
of 120 countries
All-time high
7.02 million people
in 2003
All-time low
1.41 million people
in 1989
Years of data
13
1981–2006

Number of people living in extreme poverty: September 2024 data vs. latest data in Venezuela, 1981–2006

2.0M4.0M6.0M8.0M1981199320061981: 1.8M people1987: 2.3M people1989: 1.4M people1992: 1.4M people1995: 3.4M people1998: 3.5M people1999: 4.0M people2001: 3.7M people2002: 5.6M people2003: 7.0M people2004: 6.0M people2005: 4.9M people2006: 2.6M people

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

Analysis

In 2006, number of people living in extreme poverty: september 2024 data vs. latest data in Venezuela stood at 2.64 million people.

That represents a change of down 45.5% on the previous year and down 21.3% over ten years.

Over the whole period, number of people living in extreme poverty: september 2024 data vs. latest data in Venezuela peaked at 7.02 million people in 2003 and was at its lowest, 1.41 million people, in 1989.

Venezuela ranks 31st 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.

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.81 million people 1.41 million people 2.26 million people 3
1990s 3.08 million people 1.43 million people 4.02 million people 4
2000s 4.97 million people 2.64 million people 7.02 million people 6

Countries ranked near Venezuela

  1. 28 Benin 3.72 million people compare
  2. 29 Senegal 3.14 million people compare
  3. 30 Togo 3.12 million people compare
  4. 32 Iran 2.26 million people compare
  5. 33 Mexico 2.15 million people compare
  6. 34 Peru 1.76 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: september 2024 data vs. latest data in Venezuela?
Number of people living in extreme poverty: september 2024 data vs. latest data in Venezuela was 2.64 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: september 2024 data vs. latest data recorded in Venezuela?
The highest recorded value was 7.02 million people in 2003.
What is the lowest number of people living in extreme poverty: september 2024 data vs. latest data recorded in Venezuela?
The lowest recorded value was 1.41 million people in 1989.
How does Venezuela rank for number of people living in extreme poverty: september 2024 data vs. latest data?
Venezuela ranks 31st out of 120 countries with data for 2006.
Is number of people living in extreme poverty: september 2024 data vs. latest data rising or falling in Venezuela?
Over the last ten years it is down 21.3%. 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: September 2024 data vs. latest data. Statizoid updates them automatically from the source API.

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About this data

Indicator
Number of people living in extreme poverty: September 2024 data vs. latest data
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, 2,148 data points, 1963–2025
Last refreshed

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