Latin America & Caribbean Poverty Rate 1981-2022

Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international 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.
  • Latin America & Caribbean poverty rate for 2019 was 23.60%, a 0.1% decline from 2018.
  • Latin America & Caribbean poverty rate for 2018 was 23.70%, a 0.4% decline from 2017.
  • Latin America & Caribbean poverty rate for 2017 was 24.10%, a 0.7% decline from 2016.
  • Latin America & Caribbean poverty rate for 2016 was 24.80%, a 0.1% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name % Under US $5.50 Per Day
Sub-Saharan Africa 85.00%
East Asia & Pacific 23.70%
Latin America & Caribbean 23.60%
Latin America & Caribbean Poverty Rate - Historical Data
Year % Under US $5.50 Per Day Change
2019 23.60% -0.10%
2018 23.70% -0.40%
2017 24.10% -0.70%
2016 24.80% -0.10%
2015 24.90% -0.60%
2014 25.50% -0.70%
2013 26.20% -0.90%
2012 27.10% -1.50%
2011 28.60% -1.70%
2010 30.30% -1.80%
2009 32.10% -0.40%
2008 32.50% -1.70%
2007 34.20% -1.80%
2006 36.00% -4.00%
2005 40.00% -2.50%
2004 42.50% -1.70%
2003 44.20% -0.60%
2002 44.80% -0.20%
2001 45.00% -0.30%
2000 45.30% -2.00%
1999 47.30% 0.50%
1998 46.80% -0.90%
1997 47.70% -1.60%
1996 49.30% 1.60%
1995 47.70% -0.10%
1994 47.80% -1.80%
1993 49.60% -0.10%
1992 49.70% 0.10%
1991 49.60% -0.70%
1990 50.30% 1.80%
1989 48.50% -0.70%
1988 49.20% 0.90%
1987 48.30% 3.90%
1986 44.40% -6.80%
1985 51.20% -1.90%
1984 53.10% -0.10%
1983 53.20% 3.80%
1982 49.40% 1.00%
1981 48.40% 1.00%