Share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices was 14.3% in 2006. ▲ Rising

Latest (2006)
14.3%
Change on year
down 41.2%
World rank
38th
of 119 countries
All-time high
36.4%
in 2003
All-time low
10.7%
in 1992
Years of data
13
1981–2006

Share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Venezuela, Bolivarian Republic of, 1981–2006

102030401981199320061981: 17.4 %1987: 19 %1989: 11.1 %1992: 10.7 %1995: 21.9 %1998: 21.6 %1999: 24.7 %2001: 22.1 %2002: 30.9 %2003: 36.4 %2004: 30.7 %2005: 24.4 %2006: 14.3 %

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, Bolivarian Republic of 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, Bolivarian Republic of peaked at 36.4% in 2003 and was at its lowest, 10.7%, in 1992.

That places Venezuela, Bolivarian Republic of 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 living on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Venezuela, Bolivarian Republic of, year by year

Annual values for Share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Venezuela, Bolivarian Republic of, 1981 to 2006.
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%

Averages by decade

DecadeAverage LowestHighest 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, Bolivarian Republic of

  1. 35 Egypt 23.8% compare
  2. 36 Mauritania 23.6% compare
  3. 37 Tajikistan 17.8% compare
  4. 39 Nepal 13.6% compare
  5. 40 Nicaragua 13.1% compare
  6. 41 Colombia 13.1% 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 on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Venezuela, Bolivarian Republic of?
Share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Venezuela, Bolivarian Republic of 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, Bolivarian Republic of?
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, Bolivarian Republic of?
The lowest recorded value was 10.7% in 1992.
How does Venezuela, Bolivarian Republic of rank for share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices?
Venezuela, Bolivarian Republic of 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, Bolivarian Republic of?
Over the last ten years it is down 34.6%. 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 on less than the lower-middle income poverty line: 2011 vs. 2017 prices. Statizoid updates them automatically from the source API.

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Share of population living on less than the lower-middle income poverty line: 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 10 September 2026, from https://poverty.statizoid.com/stat/share-of-population-living-on-less-than-the-lower-middle-income-poverty-line-2011-vs-2017/venezuela-rb/

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About this data

Indicator
Share of population living on less than the lower-middle income poverty line: 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 $3.20 per day.