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

Venezuela: Poverty: Share of population living on less than $30 a day was 93.0% in 2006. ▲ Rising

Latest (2006)
93.0%
Change on year
down 2.2%
World rank
51st
of 120 countries
All-time high
97.8%
in 2003
All-time low
85.3%
in 1981
Years of data
13
1981–2006

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

0204060801001981199320061981: 85.3 %1987: 86.8 %1989: 91.1 %1992: 92.8 %1995: 95.1 %1998: 94 %1999: 95.1 %2001: 94.7 %2002: 96.4 %2003: 97.8 %2004: 97 %2005: 95.2 %2006: 93 %

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

Analysis

In 2006, poverty: share of population living on less than $30 a day in Venezuela stood at 93.0%.

Compared with earlier readings it is down 2.2% on the previous year and down 2.2% over ten years.

Over the whole period, poverty: share of population living on less than $30 a day in Venezuela peaked at 97.8% in 2003 and was at its lowest, 85.3%, in 1981.

That places Venezuela 51st 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 $30 a day in Venezuela, year by year

Annual values for Poverty: Share of population living on less than $30 a day in Venezuela, 1981 to 2006.
Year % Change
1981 85.3% —
1987 86.8% +1.7%
1989 91.1% +5.0%
1992 92.8% +1.8%
1995 95.1% +2.5%
1998 94.0% -1.2%
1999 95.1% +1.2%
2001 94.7% -0.4%
2002 96.4% +1.8%
2003 97.8% +1.4%
2004 97.0% -0.8%
2005 95.2% -1.9%
2006 93.0% -2.2%

Venezuela compared with similar countries

  • Venezuela's 93.0% is below the median for lower middle income countries, which is 99.1%, 94% of the median. (29 countries reporting)
  • Venezuela's 93.0% is above the median for Latin America & Caribbean, which is 84.3%, 1.1× the median. (18 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 87.7% 85.3% 91.1% 3
1990s 94.2% 92.8% 95.1% 4
2000s 95.7% 93.0% 97.8% 6

Countries ranked near Venezuela

  1. 48 Nicaragua 93.4% compare
  2. 49 Botswana 93.2% compare
  3. 50 Guatemala 93.2% compare
  4. 52 Peru 92.8% compare
  5. 53 Tunisia 92.6% compare
  6. 54 Palestine 91.9%

See the full ranking of 120 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 in Venezuela?
Poverty: share of population living on less than $30 a day in Venezuela was 93.0% 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 $30 a day recorded in Venezuela?
The highest recorded value was 97.8% in 2003.
What is the lowest poverty: share of population living on less than $30 a day recorded in Venezuela?
The lowest recorded value was 85.3% in 1981.
How does Venezuela rank for poverty: share of population living on less than $30 a day?
Venezuela ranks 51st out of 120 countries with data for 2006.
Is poverty: share of population living on less than $30 a day rising or falling in Venezuela?
Over the last ten years it is down 2.2%. 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 $30 a day. Statizoid updates them automatically from the source API.

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Poverty: Share of population living on less than $30 a day in Venezuela. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – 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/venezuela-rb/

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About this data

Indicator
Poverty: Share of population living on less than $30 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

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