Extreme monetary poverty and multidimensional poverty over time in Canada

Canada: Extreme monetary poverty and multidimensional poverty over time was 0.3% in 2022. β—† Volatile

Latest (2022)
0.3%
Change on year
up 50.0%
World rank
90th
of 120 countries
All-time high
2.5%
in 1971
All-time low
0.1%
in 2020
Years of data
46
1971–2022

Extreme monetary poverty and multidimensional poverty over time in Canada, 1971–2022

00.511.522.5197119962022

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

Analysis

In 2022, extreme monetary poverty and multidimensional poverty over time in Canada stood at 0.3%.

That represents a change of up 50.0% on the previous year and unchanged over ten years.

Over the whole period, extreme monetary poverty and multidimensional poverty over time in Canada peaked at 2.5% in 1971 and was at its lowest, 0.1%, in 2020.

That places Canada 90th out of 120 countries with data for 2022, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.8% 1.3% 2.5% 5
1980s 0.9% 0.6% 1.3% 8
1990s 0.8% 0.4% 1.3% 10
2000s 0.3% 0.2% 0.4% 10
2010s 0.4% 0.3% 0.5% 10
2020s 0.2% 0.1% 0.3% 3

Countries ranked near Canada

  1. 87 Denmark 0.4% compare
  2. 88 Albania 0.3% compare
  3. 89 Estonia 0.3% compare
  4. 91 Bosnia and Herzegovina 0.3% compare
  5. 92 Croatia 0.3% compare
  6. 93 Poland 0.2% compare

See the full ranking of 120 places β†’

More poverty & inequality data for Canada

All data for Canada β†’

Frequently asked questions

What is extreme monetary poverty and multidimensional poverty over time in Canada?
Extreme monetary poverty and multidimensional poverty over time in Canada was 0.3% in 2022, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest extreme monetary poverty and multidimensional poverty over time recorded in Canada?
The highest recorded value was 2.5% in 1971.
What is the lowest extreme monetary poverty and multidimensional poverty over time recorded in Canada?
The lowest recorded value was 0.1% in 2020.
How does Canada rank for extreme monetary poverty and multidimensional poverty over time?
Canada ranks 90th out of 120 countries with data for 2022.
Is extreme monetary poverty and multidimensional poverty over time rising or falling in Canada?
Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
Where does this Canada 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 Extreme monetary poverty and multidimensional poverty over time. Statizoid updates them automatically from the source API.

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About this data

Indicator
Extreme monetary poverty and multidimensional poverty over time
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 $3 per day.