Share of population living in extreme poverty vs. mean income or consumption per day in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Share of population living in extreme poverty vs. mean income or consumption per day was 9.7% in 2006. ▲ Rising

Latest (2006)
9.7%
Change on year
down 46.4%
World rank
31st
of 120 countries
All-time high
27.1%
in 2003
All-time low
6.9%
in 1992
Years of data
13
1981–2006

Share of population living in extreme poverty vs. mean income or consumption per day in Venezuela, Bolivarian Republic of, 1981–2006

5101520251981199320061981: 11.3 %1987: 12.3 %1989: 7.3 %1992: 6.9 %1995: 15.1 %1998: 14.9 %1999: 16.7 %2001: 14.7 %2002: 22.1 %2003: 27.1 %2004: 22.8 %2005: 18.1 %2006: 9.7 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2006, share of population living in extreme poverty vs. mean income or consumption per day in Venezuela, Bolivarian Republic of stood at 9.7%.

That represents a change of down 46.4% on the previous year and down 35.9% over ten years.

Over the whole period, share of population living in extreme poverty vs. mean income or consumption per day in Venezuela, Bolivarian Republic of peaked at 27.1% in 2003 and was at its lowest, 6.9%, in 1992.

That places Venezuela, Bolivarian Republic of 31st out of 120 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 vs. mean income or consumption per day in Venezuela, Bolivarian Republic of, year by year

Annual values for Share of population living in extreme poverty vs. mean income or consumption per day in Venezuela, Bolivarian Republic of, 1981 to 2006.
Year % Change
1981 11.3%
1987 12.3% +8.4%
1989 7.3% -40.8%
1992 6.9% -5.2%
1995 15.1% +120.0%
1998 14.9% -1.8%
1999 16.7% +12.4%
2001 14.7% -11.8%
2002 22.1% +50.2%
2003 27.1% +22.5%
2004 22.8% -16.1%
2005 18.1% -20.4%
2006 9.7% -46.4%

Averages by decade

DecadeAverage LowestHighest Years
1980s 10.3% 7.3% 12.3% 3
1990s 13.4% 6.9% 16.7% 4
2000s 19.1% 9.7% 27.1% 6

Countries ranked near Venezuela, Bolivarian Republic of

  1. 28 Guinea 11.7% compare
  2. 29 Philippines 11.5% compare
  3. 30 Mauritania 10.2% compare
  4. 32 Guatemala 9.7% compare
  5. 33 Colombia 8.5% compare
  6. 34 Lao People's Democratic Republic 7.1% compare

See the full ranking of 120 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 vs. mean income or consumption per day in Venezuela, Bolivarian Republic of?
Share of population living in extreme poverty vs. mean income or consumption per day in Venezuela, Bolivarian Republic of was 9.7% in 2006, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest share of population living in extreme poverty vs. mean income or consumption per day recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 27.1% in 2003.
What is the lowest share of population living in extreme poverty vs. mean income or consumption per day recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 6.9% in 1992.
How does Venezuela, Bolivarian Republic of rank for share of population living in extreme poverty vs. mean income or consumption per day?
Venezuela, Bolivarian Republic of ranks 31st out of 120 countries with data for 2006.
Is share of population living in extreme poverty vs. mean income or consumption per day rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is down 35.9%. 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 (2026) – with major processing by Our World in Data, published as part of Share of population living in extreme poverty vs. mean income or consumption per day. Statizoid updates them automatically from the source API.

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Share of population living in extreme poverty vs. mean income or consumption per day in Venezuela, Bolivarian Republic of. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 10 September 2026, from https://poverty.statizoid.com/stat/share-of-the-population-living-in-extreme-poverty-vs-average-consumption-or-income/venezuela-rb/

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About this data

Indicator
Share of population living in extreme poverty vs. mean income or consumption per day
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $3 per day.