Venezuela: Poverty at 1.90 USD per day
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Venezuela |
Poverty ratio, percent living on less than 1.90 USD a day |
---|---|
Latest value | 7.10 |
Year | 2006 |
Measure | percent |
Data availability | 1981 - 2006 |
Average | 10.78 |
Min - Max | 4.50 - 19.70 |
Source | The World Bank |
The latest value from 2006 is 7.1 percent, a decline from 14.4 percent in 2005. In comparison, the world average is 6.82 percent, based on data from 76 countries. Historically, the average for Venezuela from 1981 to 2006 is 10.78 percent. The minimum value, 4.5 percent, was reached in 1992 while the maximum of 19.7 percent was recorded in 2003.
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Definition: Poverty headcount ratio at $2.15 a day is the percentage of the population living on less than $2.15 a day at 2017 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Gini inequality index | 44.80 | 2006 | index points |
Poverty ratio | 33.10 | 2015 | percent |
Poverty at 1.90 USD per day | 7.10 | 2006 | percent |
Poverty at 5.50 USD per day | 38.80 | 2006 | percent |
Top 10 percent income share | 33.20 | 2006 | percent |