Share of population living on less than $4.20 per day vs. share in Venezuela

Venezuela: Share of population living on less than $4.20 per day vs. share was 16.4% in 2006. ▲ Rising

Latest (2006)
16.4%
Change on year
down 39.8%
World rank
35th
of 120 countries
All-time high
39.8%
in 2003
All-time low
12.6%
in 1989
Years of data
13
1981–2006

Share of population living on less than $4.20 per day vs. share in multidimensional poverty in Venezuela, 1981–2006

102030401981199320061981: 19.7 %1987: 21.5 %1989: 12.6 %1992: 12.8 %1995: 25.3 %1998: 24.2 %1999: 27.5 %2001: 24.9 %2002: 34 %2003: 39.8 %2004: 34.2 %2005: 27.2 %2006: 16.4 %

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

Analysis

The most recent figure for share of population living on less than $4.20 per day vs. share in multidimensional poverty in Venezuela is 16.4%, measured in 2006.

The figure is down 39.8% on the previous year and down 35.4% over ten years.

Over the whole period, share of population living on less than $4.20 per day vs. share in multidimensional poverty in Venezuela peaked at 39.8% in 2003 and was at its lowest, 12.6%, in 1989.

That places Venezuela 35th 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 on less than $4.20 per day vs. share in Venezuela, year by year

Annual values for Share of population living on less than $4.20 per day vs. share in multidimensional poverty in Venezuela, 1981 to 2006.
Year % Change
1981 19.7% —
1987 21.5% +9.3%
1989 12.6% -41.4%
1992 12.8% +1.3%
1995 25.3% +98.5%
1998 24.2% -4.3%
1999 27.5% +13.5%
2001 24.9% -9.4%
2002 34.0% +36.5%
2003 39.8% +16.8%
2004 34.2% -14.0%
2005 27.2% -20.5%
2006 16.4% -39.8%

Venezuela compared with similar countries

  • Venezuela's 16.4% is below the median for lower middle income countries, which is 22.5%, 73% of the median. (29 countries reporting)
  • Venezuela's 16.4% is above the median for Latin America & Caribbean, which is 6.5%, 2.5× the median. (18 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 17.9% 12.6% 21.5% 3
1990s 22.5% 12.8% 27.5% 4
2000s 29.4% 16.4% 39.8% 6

Countries ranked near Venezuela

  1. 32 Bangladesh 20.5% compare
  2. 33 Guatemala 17.6% compare
  3. 34 Tajikistan 16.9% compare
  4. 36 India 16.1% compare
  5. 37 Nicaragua 15.7% compare
  6. 38 Indonesia 15.5% compare

See the full ranking of 120 places →

More poverty & inequality data for Venezuela

All data for Venezuela →

Frequently asked questions

What is share of population living on less than $4.20 per day vs. share in multidimensional poverty in Venezuela?
Share of population living on less than $4.20 per day vs. share in multidimensional poverty in Venezuela was 16.4% 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 on less than $4.20 per day vs. share in multidimensional poverty recorded in Venezuela?
The highest recorded value was 39.8% in 2003.
What is the lowest share of population living on less than $4.20 per day vs. share in multidimensional poverty recorded in Venezuela?
The lowest recorded value was 12.6% in 1989.
How does Venezuela rank for share of population living on less than $4.20 per day vs. share in multidimensional poverty?
Venezuela ranks 35th out of 120 countries with data for 2006.
Is share of population living on less than $4.20 per day vs. share in multidimensional poverty rising or falling in Venezuela?
Over the last ten years it is down 35.4%. 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 on less than $4.20 per day vs. share in multidimensional poverty. Statizoid updates them automatically from the source API.

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Share of population living on less than $4.20 per day vs. share in multidimensional poverty in Venezuela. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 08 November 2026, from https://poverty.statizoid.com/stat/share-poverty-lower-middle-income-vs-share-mpi-poor/venezuela-rb/

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About this data

Indicator
Share of population living on less than $4.20 per day vs. share in multidimensional poverty
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, 2,152 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $4.20 per day.