Share of population: 2011 vs. 2017 prices … lower-middle in Venezuela
Venezuela: Share of population: 2011 vs. 2017 prices … lower-middle was 14.3% in 2006. ▲ Rising
Share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 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 on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Venezuela is 14.3%, measured in 2006.
Compared with earlier readings it is down 41.2% on the previous year and down 34.6% over ten years.
Over the whole period, share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Venezuela peaked at 36.4% in 2003 and was at its lowest, 10.7%, in 1992.
That places Venezuela 38th 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: 2011 vs. 2017 prices … lower-middle in Venezuela, year by year
| Year | % | Change |
|---|---|---|
| 1981 | 17.4% | — |
| 1987 | 19.0% | +9.3% |
| 1989 | 11.1% | -41.5% |
| 1992 | 10.7% | -4.0% |
| 1995 | 21.9% | +105.7% |
| 1998 | 21.6% | -1.3% |
| 1999 | 24.7% | +13.9% |
| 2001 | 22.1% | -10.5% |
| 2002 | 30.9% | +40.0% |
| 2003 | 36.4% | +17.8% |
| 2004 | 30.7% | -15.7% |
| 2005 | 24.4% | -20.5% |
| 2006 | 14.3% | -41.2% |
Venezuela compared with similar countries
- Venezuela's 14.3% is below the median for lower middle income countries, which is 30.7%, 47% of the median. (29 countries reporting)
- Venezuela's 14.3% is above the median for Latin America & Caribbean, which is 7.2%, 2.0× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.8% | 11.1% | 19.0% | 3 |
| 1990s | 19.7% | 10.7% | 24.7% | 4 |
| 2000s | 26.5% | 14.3% | 36.4% | 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 share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Venezuela?
- Share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Venezuela was 14.3% 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 on less than the lower-middle income poverty line: 2011 vs. 2017 prices recorded in Venezuela?
- The highest recorded value was 36.4% in 2003.
- What is the lowest share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices recorded in Venezuela?
- The lowest recorded value was 10.7% in 1992.
- How does Venezuela rank for share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices?
- Venezuela ranks 38th out of 119 countries with data for 2006.
- Is share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices rising or falling in Venezuela?
- Over the last ten years it is down 34.6%. 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 on less than the lower-middle income poverty line: 2011 vs. 2017 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
Percentage of population living in households with an income or consumption below $3.20 per day.