Total shortfall from extreme poverty in Peru

Peru: Total shortfall from extreme poverty was 557.44 million international-$ in 2021 prices in 2024. ◆ Volatile

Latest (2024)
557.44 million international-$ in 2021 prices
Change on year
down 13.8%
World rank
36th
of 120 countries
All-time high
3.30 billion international-$ in 2021 prices
in 2001
All-time low
511.94 million international-$ in 2021 prices
in 2021
Years of data
28
1997–2024

Total shortfall from extreme poverty in Peru, 1997–2024

1.0B2.0B3.0B1997201020241997: 3.2B international-$ in 2021 prices1998: 3.1B international-$ in 2021 prices1999: 3.2B international-$ in 2021 prices2000: 3.1B international-$ in 2021 prices2001: 3.3B international-$ in 2021 prices2002: 2.9B international-$ in 2021 prices2003: 2.4B international-$ in 2021 prices2004: 2.7B international-$ in 2021 prices2005: 3.0B international-$ in 2021 prices2006: 2.7B international-$ in 2021 prices2007: 2.2B international-$ in 2021 prices2008: 1.8B international-$ in 2021 prices2009: 1.5B international-$ in 2021 prices2010: 1.1B international-$ in 2021 prices2011: 1.1B international-$ in 2021 prices2012: 1.0B international-$ in 2021 prices2013: 900.1M international-$ in 2021 prices2014: 809.4M international-$ in 2021 prices2015: 808.6M international-$ in 2021 prices2016: 775.8M international-$ in 2021 prices2017: 770.9M international-$ in 2021 prices2018: 624.3M international-$ in 2021 prices2019: 535.5M international-$ in 2021 prices2020: 1.1B international-$ in 2021 prices2021: 511.9M international-$ in 2021 prices2022: 515.9M international-$ in 2021 prices2023: 646.7M international-$ in 2021 prices2024: 557.4M 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 Peru is 557.44 million international-$ in 2021 prices, measured in 2024.

The figure is down 13.8% on the previous year and down 31.1% over ten years.

Over the whole period, total shortfall from extreme poverty in Peru peaked at 3.30 billion international-$ in 2021 prices in 2001 and was at its lowest, 511.94 million international-$ in 2021 prices, in 2021.

Peru ranks 36th 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

DecadeAverage LowestHighest Years
1990s 3.17 billion international-$ in 2021 prices 3.11 billion international-$ in 2021 prices 3.22 billion international-$ in 2021 prices 3
2000s 2.55 billion international-$ in 2021 prices 1.46 billion international-$ in 2021 prices 3.30 billion international-$ in 2021 prices 10
2010s 843.30 million international-$ in 2021 prices 535.51 million international-$ in 2021 prices 1.14 billion international-$ in 2021 prices 10
2020s 671.92 million international-$ in 2021 prices 511.94 million international-$ in 2021 prices 1.13 billion international-$ in 2021 prices 5

Countries ranked near Peru

  1. 33 Honduras 746.36 million international-$ in 2021 prices compare
  2. 34 Guatemala 683.34 million international-$ in 2021 prices compare
  3. 35 Mexico 635.50 million international-$ in 2021 prices compare
  4. 37 Germany 508.64 million international-$ in 2021 prices compare
  5. 38 Iran 488.11 million international-$ in 2021 prices compare
  6. 39 Vietnam 436.73 million international-$ in 2021 prices compare

See the full ranking of 120 places →

More poverty & inequality data for Peru

All data for Peru →

Frequently asked questions

What is total shortfall from extreme poverty in Peru?
Total shortfall from extreme poverty in Peru was 557.44 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 Peru?
The highest recorded value was 3.30 billion international-$ in 2021 prices in 2001.
What is the lowest total shortfall from extreme poverty recorded in Peru?
The lowest recorded value was 511.94 million international-$ in 2021 prices in 2021.
How does Peru rank for total shortfall from extreme poverty?
Peru ranks 36th out of 120 countries with data for 2024.
Is total shortfall from extreme poverty rising or falling in Peru?
Over the last ten years it is down 31.1%. The long-run trend across the full record is volatile.
Where does this Peru 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.