Poverty: Share of population living on less than $8.30 a day in Venezuela
Venezuela: Poverty: Share of population living on less than $8.30 a day was 43.3% in 2006. ▲ Rising
Poverty: Share of population living on less than $8.30 a day in Venezuela, 1981–2006
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for poverty: share of population living on less than $8.30 a day in Venezuela is 43.3%, measured in 2006.
That represents a change of down 22.1% on the previous year and down 22.3% over ten years.
Over the whole period, poverty: share of population living on less than $8.30 a day in Venezuela peaked at 70.8% in 2003 and was at its lowest, 36.8%, in 1989.
That places Venezuela 45th 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 $8.30 a day in Venezuela, year by year
| Year | % | Change |
|---|---|---|
| 1981 | 42.3% | — |
| 1987 | 45.3% | +7.3% |
| 1989 | 36.8% | -18.8% |
| 1992 | 39.1% | +6.4% |
| 1995 | 55.8% | +42.5% |
| 1998 | 52.6% | -5.6% |
| 1999 | 58.1% | +10.3% |
| 2001 | 55.3% | -4.7% |
| 2002 | 64.7% | +16.9% |
| 2003 | 70.8% | +9.4% |
| 2004 | 65.7% | -7.2% |
| 2005 | 55.7% | -15.3% |
| 2006 | 43.3% | -22.1% |
Venezuela compared with similar countries
- Venezuela's 43.3% is below the median for lower middle income countries, which is 71.2%, 61% of the median. (29 countries reporting)
- Venezuela's 43.3% is above the median for Latin America & Caribbean, which is 22.1%, 2.0× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 41.5% | 36.8% | 45.3% | 3 |
| 1990s | 51.4% | 39.1% | 58.1% | 4 |
| 2000s | 59.2% | 43.3% | 70.8% | 6 |
Countries ranked near Venezuela
More poverty & inequality data for Venezuela
- Number of income/consumption surveys in the past decade available via the World Bank 0 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ 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 poverty: share of population living on less than $8.30 a day in Venezuela?
- Poverty: share of population living on less than $8.30 a day in Venezuela 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 poverty: share of population living on less than $8.30 a day recorded in Venezuela?
- The highest recorded value was 70.8% in 2003.
- What is the lowest poverty: share of population living on less than $8.30 a day recorded in Venezuela?
- The lowest recorded value was 36.8% in 1989.
- How does Venezuela rank for poverty: share of population living on less than $8.30 a day?
- Venezuela ranks 45th out of 120 countries with data for 2006.
- Is poverty: share of population living on less than $8.30 a day rising or falling in Venezuela?
- Over the last ten years it is down 22.3%. 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 $8.30 a day. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Percentage of population living in households with an income or consumption below $8.30 per day.