Poverty: Share of population living on less than $40 a day in Venezuela
Venezuela: Poverty: Share of population living on less than $40 a day was 96.4% in 2006. ▲ Rising
Poverty: Share of population living on less than $40 a day in Venezuela, 1981–2006
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for poverty: share of population living on less than $40 a day in Venezuela is 96.4%, measured in 2006.
The figure is down 1.2% on the previous year and down 1.1% over ten years.
Over the whole period, poverty: share of population living on less than $40 a day in Venezuela peaked at 99.0% in 2003 and was at its lowest, 90.6%, in 1981.
That places Venezuela 53rd out of 120 countries with data for 2006, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Poverty: Share of population living on less than $40 a day in Venezuela, year by year
| Year | % | Change |
|---|---|---|
| 1981 | 90.6% | — |
| 1987 | 91.6% | +1.2% |
| 1989 | 95.4% | +4.1% |
| 1992 | 96.2% | +0.9% |
| 1995 | 97.4% | +1.2% |
| 1998 | 96.7% | -0.8% |
| 1999 | 97.4% | +0.7% |
| 2001 | 97.3% | -0.1% |
| 2002 | 98.2% | +1.0% |
| 2003 | 99.0% | +0.8% |
| 2004 | 98.6% | -0.5% |
| 2005 | 97.6% | -1.0% |
| 2006 | 96.4% | -1.2% |
Venezuela compared with similar countries
- Venezuela's 96.4% is below the median for lower middle income countries, which is 99.7%, 97% of the median. (29 countries reporting)
- Venezuela's 96.4% is above the median for Latin America & Caribbean, which is 90.4%, 1.1× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 92.5% | 90.6% | 95.4% | 3 |
| 1990s | 96.9% | 96.2% | 97.4% | 4 |
| 2000s | 97.9% | 96.4% | 99.0% | 6 |
Countries ranked near Venezuela
More poverty & inequality data for Venezuela
- Number of income/consumption surveys in the past decade available via the World Bank 0 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ 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 poverty: share of population living on less than $40 a day in Venezuela?
- Poverty: share of population living on less than $40 a day in Venezuela was 96.4% in 2006, 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 Venezuela?
- The highest recorded value was 99.0% in 2003.
- What is the lowest poverty: share of population living on less than $40 a day recorded in Venezuela?
- The lowest recorded value was 90.6% in 1981.
- How does Venezuela rank for poverty: share of population living on less than $40 a day?
- Venezuela ranks 53rd out of 120 countries with data for 2006.
- Is poverty: share of population living on less than $40 a day rising or falling in Venezuela?
- Over the last ten years it is down 1.1%. 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: Share of population living on less than $40 a day. Statizoid updates them automatically from the source API.
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About this data
Percentage of population living in households with an income or consumption below $40 per day.