Latin America & Caribbean Poverty Rate 1981-2024

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 2021 was 29.20%, a 1.2% increase from 2020.
  • Latin America & Caribbean poverty rate for 2020 was 28.00%, a 0% increase from 2019.
  • Latin America & Caribbean poverty rate for 2019 was 28.00%, a 0.3% decline from 2018.
  • Latin America & Caribbean poverty rate for 2018 was 28.30%, a 0.5% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name % Under US $5.50 Per Day
Latin America & Caribbean 29.20%
Latin America & Caribbean Poverty Rate - Historical Data
Year % Under US $5.50 Per Day Change
2021 29.20% 1.20%
2020 28.00% 0.00%
2019 28.00% -0.30%
2018 28.30% -0.50%
2017 28.80% -0.60%
2016 29.40% -0.20%
2015 29.60% -0.80%
2014 30.40% -0.60%
2013 31.00% -1.00%
2012 32.00% -1.50%
2011 33.50% -1.80%
2010 35.30% -2.00%
2009 37.30% -0.40%
2008 37.70% -1.70%
2007 39.40% -1.90%
2006 41.30% -4.00%
2005 45.30% -2.60%
2004 47.90% -1.80%
2003 49.70% -0.20%
2002 49.90% -0.10%
2001 50.00% -0.60%
2000 50.60% -2.20%
1999 52.80% 0.80%
1998 52.00% -1.00%
1997 53.00% -1.40%
1996 54.40% 1.10%
1995 53.30% 0.30%
1994 53.00% -2.30%
1993 55.30% 0.00%
1992 55.30% 0.50%
1991 54.80% -0.60%
1990 55.40% 1.70%
1989 53.70% -0.70%
1988 54.40% 1.00%
1987 53.40% 3.70%
1986 49.70% -6.70%
1985 56.40% -1.50%
1984 57.90% -0.10%
1983 58.00% 3.50%
1982 54.50% 0.90%
1981 53.60% 0.90%