Number of people living in extreme poverty: 2011 vs. 2017 prices in Venezuela
Venezuela: Number of people living in extreme poverty: 2011 vs. 2017 prices was 1.81 million people in 2006. ◆ Volatile
Number of people living in extreme poverty: 2011 vs. 2017 prices in Venezuela, 1981–2006
Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in people.
Analysis
Venezuela recorded 1.81 million people for number of people living in extreme poverty: 2011 vs. 2017 prices in 2006.
That represents a change of down 51.2% on the previous year and down 12.7% over ten years.
Over the whole period, number of people living in extreme poverty: 2011 vs. 2017 prices in Venezuela peaked at 4.84 million people in 2003 and was at its lowest, 899,922 people, in 1992.
Venezuela ranks 31st of 119 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Number of people living in extreme poverty: 2011 vs. 2017 prices in Venezuela, year by year
| Year | people | Change |
|---|---|---|
| 1981 | 939,087 people | — |
| 1987 | 1.15 million people | +22.2% |
| 1989 | 956,945 people | -16.6% |
| 1992 | 899,922 people | -6.0% |
| 1995 | 2.07 million people | +130.4% |
| 1998 | 2.30 million people | +11.0% |
| 1999 | 2.67 million people | +16.0% |
| 2001 | 2.31 million people | -13.5% |
| 2002 | 3.93 million people | +70.3% |
| 2003 | 4.84 million people | +23.2% |
| 2004 | 4.13 million people | -14.7% |
| 2005 | 3.71 million people | -10.3% |
| 2006 | 1.81 million people | -51.2% |
Venezuela compared with similar countries
- Venezuela's 1.81 million people is above the median for lower middle income countries, which is 1.60 million people, 1.1× the median. (29 countries reporting)
- Venezuela's 1.81 million people is above the median for Latin America & Caribbean, which is 211,610 people, 8.6× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.01 million people | 939,087 people | 1.15 million people | 3 |
| 1990s | 1.99 million people | 899,922 people | 2.67 million people | 4 |
| 2000s | 3.46 million people | 1.81 million people | 4.84 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: 2011 vs. 2017 prices in Venezuela?
- Number of people living in extreme poverty: 2011 vs. 2017 prices in Venezuela was 1.81 million people in 2006, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
- What is the highest number of people living in extreme poverty: 2011 vs. 2017 prices recorded in Venezuela?
- The highest recorded value was 4.84 million people in 2003.
- What is the lowest number of people living in extreme poverty: 2011 vs. 2017 prices recorded in Venezuela?
- The lowest recorded value was 899,922 people in 1992.
- How does Venezuela rank for number of people living in extreme poverty: 2011 vs. 2017 prices?
- Venezuela ranks 31st out of 119 countries with data for 2006.
- Is number of people living in extreme poverty: 2011 vs. 2017 prices rising or falling in Venezuela?
- Over the last ten years it is down 12.7%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data, published as part of Number of people living in extreme poverty: 2011 vs. 2017 prices. 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 $1.90 per day.