Venezuela: Poverty ratio

The latest value from 2015 is 33.1 percent, an increase from 29.5 percent in 2014. In comparison, the world average is 21.76 percent, based on data from 55 countries. Historically, the average for Venezuela from 1997 to 2015 is 36.78 percent. The minimum value, 26.4 percent, was reached in 2009 while the maximum of 55.6 percent was recorded in 1997. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates from household surveys. For economies for which the data are from EU-SILC, the reported year is the income reference year, which is the year before the survey year.