Share of population: 2011 vs. 2017 prices … upper-middle in Venezuela

Venezuela: Share of population: 2011 vs. 2017 prices … upper-middle was 32.7% in 2006. ▲ Rising

Latest (2006)
32.7%
Change on year
down 27.7%
World rank
45th
of 119 countries
All-time high
60.4%
in 2003
All-time low
26.9%
in 1989
Years of data
13
1981–2006

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

02040601981199320061981: 34.1 %1987: 36.9 %1989: 26.9 %1992: 28 %1995: 44.5 %1998: 42.6 %1999: 47.1 %2001: 44.8 %2002: 54.6 %2003: 60.4 %2004: 55.2 %2005: 45.2 %2006: 32.7 %

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

Analysis

Venezuela recorded 32.7% for share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in 2006.

That represents a change of down 27.7% on the previous year and down 26.5% over ten years.

Over the whole period, share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Venezuela peaked at 60.4% in 2003 and was at its lowest, 26.9%, in 1989.

That places Venezuela 45th 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 … upper-middle in Venezuela, year by year

Annual values for Share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Venezuela, 1981 to 2006.
Year % Change
1981 34.1% —
1987 36.9% +8.2%
1989 26.9% -27.0%
1992 28.0% +4.1%
1995 44.5% +58.8%
1998 42.6% -4.2%
1999 47.1% +10.6%
2001 44.8% -5.0%
2002 54.6% +21.8%
2003 60.4% +10.7%
2004 55.2% -8.5%
2005 45.2% -18.1%
2006 32.7% -27.7%

Venezuela compared with similar countries

  • Venezuela's 32.7% is below the median for lower middle income countries, which is 67.8%, 48% of the median. (29 countries reporting)
  • Venezuela's 32.7% is above the median for Latin America & Caribbean, which is 19.4%, 1.7× the median. (19 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 32.6% 26.9% 36.9% 3
1990s 40.6% 28.0% 47.1% 4
2000s 48.8% 32.7% 60.4% 6

Countries ranked near Venezuela

  1. 42 Sri Lanka 38.9% compare
  2. 43 Georgia 35.6% compare
  3. 44 Nicaragua 35.4% compare
  4. 46 Morocco 30.2% compare
  5. 47 Colombia 29.2% compare
  6. 48 Ecuador 26.1% compare

See the full ranking of 119 places →

More poverty & inequality data for Venezuela

All data for Venezuela →

Frequently asked questions

What is share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Venezuela?
Share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Venezuela was 32.7% 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 on less than the upper-middle income poverty line: 2011 vs. 2017 prices recorded in Venezuela?
The highest recorded value was 60.4% in 2003.
What is the lowest share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices recorded in Venezuela?
The lowest recorded value was 26.9% in 1989.
How does Venezuela rank for share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices?
Venezuela ranks 45th out of 119 countries with data for 2006.
Is share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices rising or falling in Venezuela?
Over the last ten years it is down 26.5%. 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 upper-middle income poverty line: 2011 vs. 2017 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).

Share, cite or embed this page

Cite this page

Share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Venezuela. Statizoid, drawing on World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/stat/share-of-population-living-on-less-than-the-upper-middle-income-poverty-line-2011-vs-2017/venezuela-rb/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://poverty.statizoid.com/stat/share-of-population-living-on-less-than-the-upper-middle-income-poverty-line-2011-vs-2017/venezuela-rb/">Share of population living on less than the upper-middle income poverty line: 2011 vs. 2017 prices in Venezuela</a> — Statizoid

About this data

Indicator
Share of population living on less than the upper-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 $5.50 per day.