Share of population living in extreme poverty (2011 prices) in Venezuela
Venezuela: Share of population living in extreme poverty (2011 prices) was 6.7% in 2006. ▲ Rising
Share of population living in extreme poverty (2011 prices) in Venezuela, 1981–2006
Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for share of population living in extreme poverty (2011 prices) in Venezuela is 6.7%, measured in 2006.
Compared with earlier readings it is down 52.0% on the previous year and down 28.8% over ten years.
Over the whole period, share of population living in extreme poverty (2011 prices) in Venezuela peaked at 18.8% in 2003 and was at its lowest, 4.3%, in 1992.
Venezuela ranks 32nd of 119 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 of population living in extreme poverty (2011 prices) in Venezuela, year by year
| Year | % | Change |
|---|---|---|
| 1981 | 6.0% | — |
| 1987 | 6.3% | +4.3% |
| 1989 | 5.0% | -20.7% |
| 1992 | 4.3% | -12.4% |
| 1995 | 9.4% | +115.7% |
| 1998 | 9.8% | +4.4% |
| 1999 | 11.1% | +13.8% |
| 2001 | 9.3% | -16.7% |
| 2002 | 15.5% | +67.3% |
| 2003 | 18.8% | +21.0% |
| 2004 | 15.8% | -16.1% |
| 2005 | 13.9% | -11.8% |
| 2006 | 6.7% | -52.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.7% | 5.0% | 6.3% | 3 |
| 1990s | 8.7% | 4.3% | 11.1% | 4 |
| 2000s | 13.3% | 6.7% | 18.8% | 6 |
Countries ranked near Venezuela
- 29 Guatemala 8.8% compare
- 30 Senegal 8.5% compare
- 31 Cote d'Ivoire 7.4% compare
- 33 Philippines 6.3% compare
- 34 Colombia 5.7% compare
- 35 Bangladesh 5.4% compare
More poverty & inequality data for Venezuela
- Number of income/consumption surveys in the past decade available via the World Bank 0 surveys (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)
- Tax revenues vs income inequality, annual growth rate 12.11 % change on previous year (2015)
- Gender Inequality Index 0.512 (2023)
Frequently asked questions
- What is share of population living in extreme poverty (2011 prices) in Venezuela?
- Share of population living in extreme poverty (2011 prices) in Venezuela was 6.7% in 2006, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
- What is the highest share of population living in extreme poverty (2011 prices) recorded in Venezuela?
- The highest recorded value was 18.8% in 2003.
- What is the lowest share of population living in extreme poverty (2011 prices) recorded in Venezuela?
- The lowest recorded value was 4.3% in 1992.
- How does Venezuela rank for share of population living in extreme poverty (2011 prices)?
- Venezuela ranks 32nd out of 119 countries with data for 2006.
- Is share of population living in extreme poverty (2011 prices) rising or falling in Venezuela?
- Over the last ten years it is down 28.8%. 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 (2024) – with major processing by Our World in Data, published as part of Share of population living in extreme poverty (2011 prices). 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 $1.90 per day.