Share of population living in extreme poverty: 2011 vs. 2017 prices in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Share of population living in extreme poverty: 2011 vs. 2017 prices was 6.7% in 2006. ▲ Rising

Latest (2006)
6.7%
Change on year
down 52.0%
World rank
32nd
of 119 countries
All-time high
18.8%
in 2003
All-time low
4.3%
in 1992
Years of data
13
1981–2006

Share of population living in extreme poverty: 2011 vs. 2017 prices in Venezuela, Bolivarian Republic of, 1981–2006

51015201981199320061981: 6 %1987: 6.3 %1989: 5 %1992: 4.3 %1995: 9.4 %1998: 9.8 %1999: 11.1 %2001: 9.3 %2002: 15.5 %2003: 18.8 %2004: 15.8 %2005: 13.9 %2006: 6.7 %

Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in %.

Analysis

Venezuela, Bolivarian Republic of recorded 6.7% for share of population living in extreme poverty: 2011 vs. 2017 prices in 2006.

That represents a change of 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 vs. 2017 prices in Venezuela, Bolivarian Republic of peaked at 18.8% in 2003 and was at its lowest, 4.3%, in 1992.

That places Venezuela, Bolivarian Republic of 32nd out of 119 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.

Share of population living in extreme poverty: 2011 vs. 2017 prices in Venezuela, Bolivarian Republic of, year by year

Annual values for Share of population living in extreme poverty: 2011 vs. 2017 prices in Venezuela, Bolivarian Republic of, 1981 to 2006.
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

DecadeAverage LowestHighest 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, Bolivarian Republic of

  1. 29 Guatemala 8.8% compare
  2. 30 Senegal 8.5% compare
  3. 31 Côte d'Ivoire 7.4% compare
  4. 33 Philippines 6.3% compare
  5. 34 Colombia 5.7% compare
  6. 35 Bangladesh 5.4% compare

See the full ranking of 119 places →

More poverty & inequality data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is share of population living in extreme poverty: 2011 vs. 2017 prices in Venezuela, Bolivarian Republic of?
Share of population living in extreme poverty: 2011 vs. 2017 prices in Venezuela, Bolivarian Republic of 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 vs. 2017 prices recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 18.8% in 2003.
What is the lowest share of population living in extreme poverty: 2011 vs. 2017 prices recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 4.3% in 1992.
How does Venezuela, Bolivarian Republic of rank for share of population living in extreme poverty: 2011 vs. 2017 prices?
Venezuela, Bolivarian Republic of ranks 32nd out of 119 countries with data for 2006.
Is share of population living in extreme poverty: 2011 vs. 2017 prices rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is down 28.8%. 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 (2024) – with major processing by Our World in Data, published as part of Share of population living in extreme poverty: 2011 vs. 2017 prices. Statizoid updates them automatically from the source API.

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Share of population living in extreme poverty: 2011 vs. 2017 prices in Venezuela, Bolivarian Republic of. Statizoid, drawing on World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Retrieved 04 September 2026, from https://poverty.statizoid.com/stat/share-of-population-living-in-extreme-poverty-2011-vs-2017-prices/venezuela-rb/

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About this data

Indicator
Share of population living in extreme poverty: 2011 vs. 2017 prices
Unit
%
Source
World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
119 places, 2,016 data points, 1963–2023
Last refreshed

Percentage of population living in households with an income or consumption below $1.90 per day.