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
Number of people living in extreme poverty: September 2024 data vs. latest data in Venezuela, 1981–2006
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.
Number of people living in extreme poverty: September 2024 data vs. latest data in Venezuela, year by year
| Year | people | Change |
|---|---|---|
| 1981 | 1.78 million people | — |
| 1987 | 2.26 million people | +27.1% |
| 1989 | 1.41 million people | -37.8% |
| 1992 | 1.43 million people | +1.8% |
| 1995 | 3.36 million people | +134.9% |
| 1998 | 3.51 million people | +4.4% |
| 1999 | 4.02 million people | +14.6% |
| 2001 | 3.68 million people | -8.4% |
| 2002 | 5.63 million people | +52.9% |
| 2003 | 7.02 million people | +24.7% |
| 2004 | 6.00 million people | -14.6% |
| 2005 | 4.85 million people | -19.1% |
| 2006 | 2.64 million people | -45.5% |
Venezuela compared with similar countries
- Venezuela's 2.64 million people is above the median for lower middle income countries, which is 1.70 million people, 1.6× the median. (29 countries reporting)
- Venezuela's 2.64 million people is above the median for Latin America & Caribbean, which is 345,579 people, 7.7× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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
Number of people living in households with an income or consumption below $3 per day.