Poverty: Share of population living on less than $30 a day … 2011 in Venezuela

Venezuela: Poverty: Share of population living on less than $30 a day … 2011 was 95.5% in 2006. ▲ Rising

Latest (2006)
95.5%
Change on year
down 1.4%
World rank
57th
of 119 countries
All-time high
98.7%
in 2003
All-time low
88.9%
in 1981
Years of data
13
1981–2006

Poverty: Share of population living on less than $30 a day (2011 prices) in Venezuela, 1981–2006

0204060801001981199320061981: 88.9 %1987: 90.1 %1989: 94.2 %1992: 95.1 %1995: 96.8 %1998: 95.9 %1999: 96.8 %2001: 96.5 %2002: 97.8 %2003: 98.7 %2004: 98.1 %2005: 96.9 %2006: 95.5 %

Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for poverty: share of population living on less than $30 a day (2011 prices) in Venezuela is 95.5%, measured in 2006.

Compared with earlier readings it is down 1.4% on the previous year and down 1.4% over ten years.

Over the whole period, poverty: share of population living on less than $30 a day (2011 prices) in Venezuela peaked at 98.7% in 2003 and was at its lowest, 88.9%, in 1981.

That places Venezuela 57th out of 119 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 $30 a day … 2011 in Venezuela, year by year

Annual values for Poverty: Share of population living on less than $30 a day (2011 prices) in Venezuela, 1981 to 2006.
Year % Change
1981 88.9% —
1987 90.1% +1.3%
1989 94.2% +4.5%
1992 95.1% +0.9%
1995 96.8% +1.8%
1998 95.9% -0.9%
1999 96.8% +0.9%
2001 96.5% -0.3%
2002 97.8% +1.3%
2003 98.7% +0.9%
2004 98.1% -0.5%
2005 96.9% -1.3%
2006 95.5% -1.4%

Venezuela compared with similar countries

  • Venezuela's 95.5% is below the median for lower middle income countries, which is 99.6%, 96% of the median. (29 countries reporting)
  • Venezuela's 95.5% is above the median for Latin America & Caribbean, which is 92.0%, 1.0× the median. (19 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 91.1% 88.9% 94.2% 3
1990s 96.1% 95.1% 96.8% 4
2000s 97.2% 95.5% 98.7% 6

Countries ranked near Venezuela

  1. 54 Belize 95.9% compare
  2. 55 Kazakhstan 95.6% compare
  3. 56 Nicaragua 95.5% compare
  4. 58 El Salvador 95.3% compare
  5. 59 Iran 94.8% compare
  6. 60 Peru 94.7% compare

See the full ranking of 119 places →

More poverty & inequality data for Venezuela

All data for Venezuela →

Frequently asked questions

What is poverty: share of population living on less than $30 a day (2011 prices) in Venezuela?
Poverty: share of population living on less than $30 a day (2011 prices) in Venezuela was 95.5% in 2006, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
What is the highest poverty: share of population living on less than $30 a day (2011 prices) recorded in Venezuela?
The highest recorded value was 98.7% in 2003.
What is the lowest poverty: share of population living on less than $30 a day (2011 prices) recorded in Venezuela?
The lowest recorded value was 88.9% in 1981.
How does Venezuela rank for poverty: share of population living on less than $30 a day (2011 prices)?
Venezuela ranks 57th out of 119 countries with data for 2006.
Is poverty: share of population living on less than $30 a day (2011 prices) rising or falling in Venezuela?
Over the last ten years it is down 1.4%. 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 (2024) – with major processing by Our World in Data, published as part of Poverty: Share of population living on less than $30 a day (2011 prices). Statizoid updates them automatically from the source API.

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Poverty: Share of population living on less than $30 a day (2011 prices) in Venezuela. Statizoid, drawing on World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/stat/poverty-share-on-less-than-30-per-day-2011-ppp/venezuela-rb/

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About this data

Indicator
Poverty: Share of population living on less than $30 a day (2011 prices)
Unit
%
Source
World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
119 places, 2,016 data points, 1963–2023
Last refreshed

Percentage of population living in households with an income or consumption below $30 per day.