Total shortfall from extreme poverty in Chile
Chile: Total shortfall from extreme poverty was 55.27 million international-$ in 2021 prices in 2024. ◆ Volatile
Total shortfall from extreme poverty in Chile, 1987–2024
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Chile recorded 55.27 million international-$ in 2021 prices for total shortfall from extreme poverty in 2024.
That represents a change of down 31.3% on the previous year and up 5.1% over ten years.
Over the whole period, total shortfall from extreme poverty in Chile peaked at 1.06 billion international-$ in 2021 prices in 1987 and was at its lowest, 47.41 million international-$ in 2021 prices, in 2015.
Chile ranks 62nd of 120 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.06 billion international-$ in 2021 prices | 1.06 billion international-$ in 2021 prices | 1.06 billion international-$ in 2021 prices | 1 |
| 1990s | 519.36 million international-$ in 2021 prices | 389.99 million international-$ in 2021 prices | 778.83 million international-$ in 2021 prices | 5 |
| 2000s | 341.48 million international-$ in 2021 prices | 163.82 million international-$ in 2021 prices | 519.23 million international-$ in 2021 prices | 4 |
| 2010s | 59.54 million international-$ in 2021 prices | 47.41 million international-$ in 2021 prices | 90.48 million international-$ in 2021 prices | 4 |
| 2020s | 111.74 million international-$ in 2021 prices | 55.27 million international-$ in 2021 prices | 199.51 million international-$ in 2021 prices | 3 |
Countries ranked near Chile
- 59 Bolivia 86.12 million international-$ in 2021 prices compare
- 60 Canada 64.09 million international-$ in 2021 prices compare
- 61 Sweden 63.58 million international-$ in 2021 prices compare
- 63 Poland 54.00 million international-$ in 2021 prices compare
- 64 Romania 52.81 million international-$ in 2021 prices compare
- 65 Hungary 50.24 million international-$ in 2021 prices compare
More poverty & inequality data for Chile
- Number of income/consumption surveys in the past decade available via the World Bank 4 surveys (2025)
- Fertility rate vs. share living in extreme poverty 1.17 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 6,606 kg per hectare (2024)
- Tax revenue as share of GDP vs. income inequality 18.9% (2023)
- Gender Inequality Index 0.102 (2023)
- Lifespan inequality: Gini coefficient in women 0.0897 (2023)
- Lifespan inequality: Gini coefficient by sex 0.0897 (2023)
- Lifespan inequality: Gini coefficient in men 0.1084 (2023)
- Share of government consumption in GDP vs. share of population living in extreme poverty 21.3% (2023)
- Income inequality: Atkinson index 0.3774 (2023)
Frequently asked questions
- What is total shortfall from extreme poverty in Chile?
- Total shortfall from extreme poverty in Chile was 55.27 million international-$ in 2021 prices in 2024, 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 Chile?
- The highest recorded value was 1.06 billion international-$ in 2021 prices in 1987.
- What is the lowest total shortfall from extreme poverty recorded in Chile?
- The lowest recorded value was 47.41 million international-$ in 2021 prices in 2015.
- How does Chile rank for total shortfall from extreme poverty?
- Chile ranks 62nd out of 120 countries with data for 2024.
- Is total shortfall from extreme poverty rising or falling in Chile?
- Over the last ten years it is up 5.1%. The long-run trend across the full record is volatile.
- Where does this Chile 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
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.