Share of population living in extreme poverty vs. mean income in Venezuela
Venezuela: Share of population living in extreme poverty vs. mean income was 9.7% in 2006. ▲ Rising
Share of population living in extreme poverty vs. mean income or consumption per day in Venezuela, 1981–2006
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 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 peaked at 27.1% in 2003 and was at its lowest, 6.9%, in 1992.
That places Venezuela 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 in Venezuela, year by year
| 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% |
Venezuela compared with similar countries
- Venezuela's 9.7% is above the median for lower middle income countries, which is 9.7%, 1.0× the median. (29 countries reporting)
- Venezuela's 9.7% is above the median for Latin America & Caribbean, which is 3.1%, 3.2× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 in extreme poverty vs. mean income or consumption per day in Venezuela?
- Share of population living in extreme poverty vs. mean income or consumption per day in Venezuela 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?
- 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?
- The lowest recorded value was 6.9% in 1992.
- How does Venezuela rank for share of population living in extreme poverty vs. mean income or consumption per day?
- Venezuela 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?
- Over the last ten years it is down 35.9%. 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 (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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About this data
Percentage of population living in households with an income or consumption below $3 per day.