Share living on less than $8.30 a day vs. mean income or consumption in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Share living on less than $8.30 a day vs. mean income or consumption was 43.3% in 2006. ▲ Rising

Latest (2006)
43.3%
Change on year
down 22.1%
World rank
45th
of 120 countries
All-time high
70.8%
in 2003
All-time low
36.8%
in 1989
Years of data
13
1981–2006

Share living on less than $8.30 a day vs. mean income or consumption in Venezuela, Bolivarian Republic of, 1981–2006

0204060801981199320061981: 42.3 %1987: 45.3 %1989: 36.8 %1992: 39.1 %1995: 55.8 %1998: 52.6 %1999: 58.1 %2001: 55.3 %2002: 64.7 %2003: 70.8 %2004: 65.7 %2005: 55.7 %2006: 43.3 %

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

Analysis

The most recent figure for share living on less than $8.30 a day vs. mean income or consumption in Venezuela, Bolivarian Republic of is 43.3%, measured in 2006.

Compared with earlier readings it is down 22.1% on the previous year and down 22.3% over ten years.

Over the whole period, share living on less than $8.30 a day vs. mean income or consumption in Venezuela, Bolivarian Republic of peaked at 70.8% in 2003 and was at its lowest, 36.8%, in 1989.

Venezuela, Bolivarian Republic of ranks 45th 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.

Share living on less than $8.30 a day vs. mean income or consumption in Venezuela, Bolivarian Republic of, year by year

Annual values for Share living on less than $8.30 a day vs. mean income or consumption in Venezuela, Bolivarian Republic of, 1981 to 2006.
Year % Change
1981 42.3%
1987 45.3% +7.3%
1989 36.8% -18.8%
1992 39.1% +6.4%
1995 55.8% +42.5%
1998 52.6% -5.6%
1999 58.1% +10.3%
2001 55.3% -4.7%
2002 64.7% +16.9%
2003 70.8% +9.4%
2004 65.7% -7.2%
2005 55.7% -15.3%
2006 43.3% -22.1%

Averages by decade

DecadeAverage LowestHighest Years
1980s 41.5% 36.8% 45.3% 3
1990s 51.4% 39.1% 58.1% 4
2000s 59.2% 43.3% 70.8% 6

Countries ranked near Venezuela, Bolivarian Republic of

  1. 42 Guatemala 47.3% compare
  2. 43 Nicaragua 46.5% compare
  3. 44 Georgia 45.6% compare
  4. 46 Colombia 37.0% compare
  5. 47 Peru 36.2% compare
  6. 48 Iran, Islamic Republic of 36.0% compare

See the full ranking of 120 places →

More poverty & inequality data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is share living on less than $8.30 a day vs. mean income or consumption in Venezuela, Bolivarian Republic of?
Share living on less than $8.30 a day vs. mean income or consumption in Venezuela, Bolivarian Republic of was 43.3% in 2006, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest share living on less than $8.30 a day vs. mean income or consumption recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 70.8% in 2003.
What is the lowest share living on less than $8.30 a day vs. mean income or consumption recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 36.8% in 1989.
How does Venezuela, Bolivarian Republic of rank for share living on less than $8.30 a day vs. mean income or consumption?
Venezuela, Bolivarian Republic of ranks 45th out of 120 countries with data for 2006.
Is share living on less than $8.30 a day vs. mean income or consumption rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is down 22.3%. The long-run trend across the full record is rising.
Where does this Venezuela, Bolivarian Republic of 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 Share living on less than $8.30 a day vs. mean income or consumption. Statizoid updates them automatically from the source API.

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Share living on less than $8.30 a day vs. mean income or consumption in Venezuela, Bolivarian Republic of. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 04 September 2026, from https://poverty.statizoid.com/stat/share-living-on-upper-middle-income-poverty-line-vs-average-daily-income/venezuela-rb/

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About this data

Indicator
Share living on less than $8.30 a day vs. mean income or consumption
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 $8.30 per day.