Total shortfall from extreme poverty in Belgium

Belgium: Total shortfall from extreme poverty was 4.73 million international-$ in 2021 prices in 2023. ◆ Volatile

Latest (2023)
4.73 million international-$ in 2021 prices
Change on year
up 225.7%
World rank
96th
of 120 countries
All-time high
86.23 million international-$ in 2021 prices
in 1992
All-time low
1.45 million international-$ in 2021 prices
in 2022
Years of data
27
1985–2023

Total shortfall from extreme poverty in Belgium, 1985–2023

020.0M40.0M60.0M80.0M1985200420231985: 22.7M international-$ in 2021 prices1988: 53.0M international-$ in 2021 prices1992: 86.2M international-$ in 2021 prices1995: 43.0M international-$ in 2021 prices1997: 34.4M international-$ in 2021 prices2000: 30.5M international-$ in 2021 prices2003: 19.8M international-$ in 2021 prices2004: 3.2M international-$ in 2021 prices2005: 16.5M international-$ in 2021 prices2006: 14.7M international-$ in 2021 prices2007: 10.9M international-$ in 2021 prices2008: 9.4M international-$ in 2021 prices2009: 7.5M international-$ in 2021 prices2010: 12.4M international-$ in 2021 prices2011: 12.3M international-$ in 2021 prices2012: 16.0M international-$ in 2021 prices2013: 15.2M international-$ in 2021 prices2014: 6.9M international-$ in 2021 prices2015: 7.3M international-$ in 2021 prices2016: 6.5M international-$ in 2021 prices2017: 15.0M international-$ in 2021 prices2018: 8.0M international-$ in 2021 prices2019: 7.9M international-$ in 2021 prices2020: 4.5M international-$ in 2021 prices2021: 2.9M international-$ in 2021 prices2022: 1.5M international-$ in 2021 prices2023: 4.7M international-$ in 2021 prices

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

The most recent figure for total shortfall from extreme poverty in Belgium is 4.73 million international-$ in 2021 prices, measured in 2023.

Compared with earlier readings it is up 225.7% on the previous year and down 69.0% over ten years.

Over the whole period, total shortfall from extreme poverty in Belgium peaked at 86.23 million international-$ in 2021 prices in 1992 and was at its lowest, 1.45 million international-$ in 2021 prices, in 2022.

That places Belgium 96th out of 120 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 37.81 million international-$ in 2021 prices 22.65 million international-$ in 2021 prices 52.97 million international-$ in 2021 prices 2
1990s 54.55 million international-$ in 2021 prices 34.42 million international-$ in 2021 prices 86.23 million international-$ in 2021 prices 3
2000s 14.07 million international-$ in 2021 prices 3.19 million international-$ in 2021 prices 30.53 million international-$ in 2021 prices 8
2010s 10.77 million international-$ in 2021 prices 6.54 million international-$ in 2021 prices 16.00 million international-$ in 2021 prices 10
2020s 3.41 million international-$ in 2021 prices 1.45 million international-$ in 2021 prices 4.73 million international-$ in 2021 prices 4

Countries ranked near Belgium

  1. 93 Latvia 6.33 million international-$ in 2021 prices compare
  2. 94 Croatia 6.00 million international-$ in 2021 prices compare
  3. 95 Ukraine 5.61 million international-$ in 2021 prices compare
  4. 97 Armenia 4.39 million international-$ in 2021 prices compare
  5. 99 Taiwan 3.36 million international-$ in 2021 prices compare

See the full ranking of 120 places →

More poverty & inequality data for Belgium

All data for Belgium →

Frequently asked questions

What is total shortfall from extreme poverty in Belgium?
Total shortfall from extreme poverty in Belgium was 4.73 million international-$ in 2021 prices in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest total shortfall from extreme poverty recorded in Belgium?
The highest recorded value was 86.23 million international-$ in 2021 prices in 1992.
What is the lowest total shortfall from extreme poverty recorded in Belgium?
The lowest recorded value was 1.45 million international-$ in 2021 prices in 2022.
How does Belgium rank for total shortfall from extreme poverty?
Belgium ranks 96th out of 120 countries with data for 2023.
Is total shortfall from extreme poverty rising or falling in Belgium?
Over the last ten years it is down 69.0%. The long-run trend across the full record is volatile.
Where does this Belgium 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 Total shortfall from extreme poverty. Statizoid updates them automatically from the source API.

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About this data

Indicator
Total shortfall from extreme poverty
Unit
international-$ in 2021 prices
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

This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.