Poverty: Share of population living on less than $40 a day in United States of America

United States of America: Poverty: Share of population living on less than $40 a day was 22.6% in 2024. ▼ Falling

Latest (2024)
22.6%
Change on year
down 3.8%
World rank
109th
of 120 countries
All-time high
61.7%
in 1963
All-time low
18.7%
in 2021
Years of data
62
1963–2024

Poverty: Share of population living on less than $40 a day in United States of America, 1963–2024

2030405060196319932024

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

Analysis

In 2024, poverty: share of population living on less than $40 a day in United States of America stood at 22.6%.

That represents a change of down 3.8% on the previous year and down 28.3% over ten years.

Over the whole period, poverty: share of population living on less than $40 a day in United States of America peaked at 61.7% in 1963 and was at its lowest, 18.7%, in 2021.

That places United States of America 109th out of 120 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 62 years of available data.

Poverty: Share of population living on less than $40 a day in United States of America, year by year

Annual values for Poverty: Share of population living on less than $40 a day in United States of America, 1963 to 2024.
Year % Change
1963 61.7%
1964 59.1% -4.2%
1965 55.1% -6.8%
1966 55.1% +0.0%
1967 52.6% -4.5%
1968 49.4% -6.1%
1969 47.4% -4.0%
1970 47.4% +0.0%
1971 46.4% -2.1%
1972 41.6% -10.3%
1973 39.8% -4.3%
1974 41.7% +4.8%
1975 41.0% -1.7%
1976 39.4% -3.9%
1977 38.5% -2.3%
1978 37.5% -2.6%
1979 36.8% -1.9%
1980 39.8% +8.2%
1981 41.8% +5.0%
1982 41.6% -0.5%
1983 40.3% -3.1%
1984 38.5% -4.5%
1985 37.7% -2.1%
1986 36.0% -4.5%
1987 34.2% -5.0%
1988 34.1% -0.3%
1989 33.8% -0.9%
1990 35.5% +5.0%
1991 35.4% -0.3%
1992 35.6% +0.6%
1993 36.8% +3.4%
1994 35.5% -3.5%
1995 34.6% -2.5%
1996 34.5% -0.3%
1997 33.3% -3.5%
1998 31.1% -6.6%
1999 30.2% -2.9%
2000 29.6% -2.0%
2001 30.0% +1.4%
2002 29.8% -0.7%
2003 29.8% +0.0%
2004 29.8% +0.0%
2005 29.7% -0.3%
2006 29.5% -0.7%
2007 29.1% -1.4%
2008 30.6% +5.2%
2009 30.0% -2.0%
2010 30.8% +2.7%
2011 31.4% +1.9%
2012 31.0% -1.3%
2013 31.1% +0.3%
2014 31.5% +1.3%
2015 29.4% -6.7%
2016 27.4% -6.8%
2017 27.3% -0.4%
2018 25.5% -6.6%
2019 23.2% -9.0%
2020 19.8% -14.7%
2021 18.7% -5.6%
2022 24.3% +29.9%
2023 23.5% -3.3%
2024 22.6% -3.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 54.3% 47.4% 61.7% 7
1970s 41.0% 36.8% 47.4% 10
1980s 37.8% 33.8% 41.8% 10
1990s 34.2% 30.2% 36.8% 10
2000s 29.8% 29.1% 30.6% 10
2010s 28.9% 23.2% 31.5% 10
2020s 21.8% 18.7% 24.3% 5

Countries ranked near United States of America

  1. 106 France 25.6% compare
  2. 107 Sweden 24.5% compare
  3. 108 Australia 22.8% compare
  4. 110 Finland 21.2% compare
  5. 111 Germany 19.7% compare
  6. 112 Canada 18.9% compare

See the full ranking of 120 places →

More poverty & inequality data for United States of America

All data for United States of America →

Frequently asked questions

What is poverty: share of population living on less than $40 a day in United States of America?
Poverty: share of population living on less than $40 a day in United States of America was 22.6% in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty: share of population living on less than $40 a day recorded in United States of America?
The highest recorded value was 61.7% in 1963.
What is the lowest poverty: share of population living on less than $40 a day recorded in United States of America?
The lowest recorded value was 18.7% in 2021.
How does United States of America rank for poverty: share of population living on less than $40 a day?
United States of America ranks 109th out of 120 countries with data for 2024.
Is poverty: share of population living on less than $40 a day rising or falling in United States of America?
Over the last ten years it is down 28.3%. The long-run trend across the full record is falling.
Where does this United States of America 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: Share of population living on less than $40 a day. Statizoid updates them automatically from the source API.

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Poverty: Share of population living on less than $40 a day in United States of America. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 06 September 2026, from https://poverty.statizoid.com/stat/poverty-share-of-population-living-on-less-than-40-a-day/united-states/

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About this data

Indicator
Poverty: Share of population living on less than $40 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, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $40 per day.