Extreme monetary poverty and multidimensional poverty over time in Venezuela
Venezuela: Extreme monetary poverty and multidimensional poverty over time was 9.7% in 2006. ▲ Rising
Extreme monetary poverty and multidimensional poverty over time in Venezuela, 1981–2006
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2006, extreme monetary poverty and multidimensional poverty over time in Venezuela stood at 9.7%.
Compared with earlier readings it is down 46.4% on the previous year and down 35.9% over ten years.
Over the whole period, extreme monetary poverty and multidimensional poverty over time in Venezuela peaked at 27.1% in 2003 and was at its lowest, 6.9%, in 1992.
Venezuela ranks 31st of 120 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Extreme monetary poverty and multidimensional poverty over time in Venezuela, year by year
| Year | % | Change |
|---|---|---|
| 1981 | 11.3% | — |
| 1987 | 12.3% | +8.4% |
| 1989 | 7.3% | -40.8% |
| 1992 | 6.9% | -5.2% |
| 1995 | 15.1% | +120.0% |
| 1998 | 14.9% | -1.8% |
| 1999 | 16.7% | +12.4% |
| 2001 | 14.7% | -11.8% |
| 2002 | 22.1% | +50.2% |
| 2003 | 27.1% | +22.5% |
| 2004 | 22.8% | -16.1% |
| 2005 | 18.1% | -20.4% |
| 2006 | 9.7% | -46.4% |
Venezuela compared with similar countries
- Venezuela's 9.7% is above the median for lower middle income countries, which is 9.7%, 1.0× the median. (29 countries reporting)
- Venezuela's 9.7% is above the median for Latin America & Caribbean, which is 3.1%, 3.2× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.3% | 7.3% | 12.3% | 3 |
| 1990s | 13.4% | 6.9% | 16.7% | 4 |
| 2000s | 19.1% | 9.7% | 27.1% | 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 extreme monetary poverty and multidimensional poverty over time in Venezuela?
- Extreme monetary poverty and multidimensional poverty over time in Venezuela was 9.7% in 2006, 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 Venezuela?
- The highest recorded value was 27.1% in 2003.
- What is the lowest extreme monetary poverty and multidimensional poverty over time recorded in Venezuela?
- The lowest recorded value was 6.9% in 1992.
- How does Venezuela rank for extreme monetary poverty and multidimensional poverty over time?
- Venezuela ranks 31st out of 120 countries with data for 2006.
- Is extreme monetary poverty and multidimensional poverty over time rising or falling in Venezuela?
- Over the last ten years it is down 35.9%. 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 Extreme monetary poverty and multidimensional poverty over time. 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 $3 per day.