Poverty gap index at $3 a day in Venezuela

Venezuela: Poverty gap index at $3 a day was 4.6% in 2006. ▲ Rising

Latest (2006)
4.6%
Change on year
down 53.3%
World rank
26th
of 120 countries
All-time high
12.1%
in 2003
All-time low
2.8%
in 1981
Years of data
13
1981–2006

Poverty gap index at $3 a day in Venezuela, 1981–2006

246810121981199320061981: 2.8 %1987: 2.9 %1989: 3.6 %1992: 3 %1995: 5.7 %1998: 6.5 %1999: 7 %2001: 6 %2002: 10 %2003: 12.1 %2004: 10.3 %2005: 9.8 %2006: 4.6 %

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

Analysis

In 2006, poverty gap index at $3 a day in Venezuela stood at 4.6%.

The figure is down 53.3% on the previous year and down 19.6% over ten years.

Over the whole period, poverty gap index at $3 a day in Venezuela peaked at 12.1% in 2003 and was at its lowest, 2.8%, in 1981.

That places Venezuela 26th out of 120 countries with data for 2006, putting it in the top quarter.

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

Poverty gap index at $3 a day in Venezuela, year by year

Annual values for Poverty gap index at $3 a day in Venezuela, 1981 to 2006.
Year % Change
1981 2.8% —
1987 2.9% +3.8%
1989 3.6% +24.2%
1992 3.0% -17.7%
1995 5.7% +90.8%
1998 6.5% +14.4%
1999 7.0% +7.1%
2001 6.0% -13.7%
2002 10.0% +65.3%
2003 12.1% +21.2%
2004 10.3% -14.9%
2005 9.8% -4.6%
2006 4.6% -53.3%

Venezuela compared with similar countries

  • Venezuela's 4.6% is above the median for lower middle income countries, which is 2.5%, 1.9× the median. (29 countries reporting)
  • Venezuela's 4.6% is above the median for Latin America & Caribbean, which is 0.9%, 5.1× the median. (18 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.1% 2.8% 3.6% 3
1990s 5.6% 3.0% 7.0% 4
2000s 8.8% 4.6% 12.1% 6

Countries ranked near Venezuela

  1. 23 Pakistan 5.2% compare
  2. 24 South Africa 5.1% compare
  3. 25 Cote d'Ivoire 4.7% compare
  4. 27 Senegal 4.2% compare
  5. 28 Syria 4.1% compare
  6. 29 Guatemala 3.4% compare

See the full ranking of 120 places →

More poverty & inequality data for Venezuela

All data for Venezuela →

Frequently asked questions

What is poverty gap index at $3 a day in Venezuela?
Poverty gap index at $3 a day in Venezuela was 4.6% in 2006, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty gap index at $3 a day recorded in Venezuela?
The highest recorded value was 12.1% in 2003.
What is the lowest poverty gap index at $3 a day recorded in Venezuela?
The lowest recorded value was 2.8% in 1981.
How does Venezuela rank for poverty gap index at $3 a day?
Venezuela ranks 26th out of 120 countries with data for 2006.
Is poverty gap index at $3 a day rising or falling in Venezuela?
Over the last ten years it is down 19.6%. 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 Poverty gap index at $3 a day. Statizoid updates them automatically from the source API.

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Poverty gap index at $3 a day 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/poverty-gap-index-extreme-poverty/venezuela-rb/

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About this data

Indicator
Poverty gap index at $3 a day
Unit
%
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

The poverty gap index is a poverty measure that reflects both the prevalence and the depth of poverty. It is calculated as the share of population in poverty multiplied by the average shortfall from the poverty line (expressed as a % of the poverty line).