Poverty: Share of population living on less than $1 a day in Venezuela, RB

Venezuela, RB: Poverty: Share of population living on less than $1 a day was 3.1% in 2006. β—† Volatile

Latest (2006)
3.1%
Change on year
down 59.3%
World rank
8th
of 120 countries
All-time high
7.7%
in 2005
All-time low
0.0%
in 1981
Years of data
13
1981–2006

Poverty: Share of population living on less than $1 a day in Venezuela, RB, 1981–2006

024681981199320061981: 0 %1987: 0 %1989: 2.8 %1992: 2.1 %1995: 2.8 %1998: 4.3 %1999: 3.9 %2001: 3.3 %2002: 6 %2003: 7.4 %2004: 6.5 %2005: 7.7 %2006: 3.1 %

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

Analysis

In 2006, poverty: share of population living on less than $1 a day in Venezuela, RB stood at 3.1%.

That represents a change of down 59.3% on the previous year and up 12.7% over ten years.

Over the whole period, poverty: share of population living on less than $1 a day in Venezuela, RB peaked at 7.7% in 2005 and was at its lowest, 0.0%, in 1981.

Venezuela, RB ranks 8th of 120 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.9% 0.0% 2.8% 3
1990s 3.2% 2.1% 4.3% 4
2000s 5.7% 3.1% 7.7% 6

Countries ranked near Venezuela, RB

  1. 5 Madagascar 7.9% compare
  2. 6 Ghana 6.8% compare
  3. 7 Uganda 6.6% compare
  4. 9 Honduras 2.6% compare
  5. 10 Nigeria 2.0% compare
  6. 11 Tanzania 1.9% compare

See the full ranking of 120 places β†’

More reference data data for Venezuela, RB

All data for Venezuela, RB β†’

Frequently asked questions

What is poverty: share of population living on less than $1 a day in Venezuela, RB?
Poverty: share of population living on less than $1 a day in Venezuela, RB was 3.1% in 2006, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty: share of population living on less than $1 a day recorded in Venezuela, RB?
The highest recorded value was 7.7% in 2005.
What is the lowest poverty: share of population living on less than $1 a day recorded in Venezuela, RB?
The lowest recorded value was 0.0% in 1981.
How does Venezuela, RB rank for poverty: share of population living on less than $1 a day?
Venezuela, RB ranks 8th out of 120 countries with data for 2006.
Is poverty: share of population living on less than $1 a day rising or falling in Venezuela, RB?
Over the last ten years it is up 12.7%. The long-run trend across the full record is volatile.
Where does this Venezuela, RB 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 Poverty: Share of population living on less than $1 a day. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 13 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Poverty: Share of population living on less than $1 a day
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, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $1 per day.