Latin America & Caribbean Poverty Rate 1960-2024

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 2022 was 25.20%, a 3.2% decline from 2021.
  • Latin America & Caribbean poverty rate for 2021 was 28.40%, a 0.8% increase from 2020.
  • Latin America & Caribbean poverty rate for 2020 was 27.60%, a 0.4% increase from 2019.
  • Latin America & Caribbean poverty rate for 2019 was 27.20%, a 0.7% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name % Under US $5.50 Per Day
South Asia 79.20%
World 45.50%
East Asia & Pacific 29.20%
Latin America & Caribbean 25.20%
Sub-Saharan Africa 0.00%
OECD members 0.00%
North America 0.00%
European Union 0.00%
Euro Area 0.00%
Latin America & Caribbean Poverty Rate - Historical Data
Year % Under US $5.50 Per Day Change
2022 25.20% -3.20%
2021 28.40% 0.80%
2020 27.60% 0.40%
2019 27.20% -0.70%
2018 27.90% -0.50%
2017 28.40% -0.60%
2016 29.00% -0.20%
2015 29.20% -1.50%
2014 30.70% -0.50%
2013 31.20% -1.10%
2012 32.30% -1.30%
2011 33.60% -2.00%
2010 35.60% -2.00%
2009 37.60% -0.40%
2008 38.00% -2.00%
2007 40.00% -1.90%
2006 41.90% -3.80%
2005 45.70% -2.60%
2004 48.30% -1.50%
2003 49.80% -0.50%
2002 50.30% -0.10%
2001 50.40% -0.40%
2000 50.80% -2.40%
1999 53.20% 1.00%
1998 52.20% -0.70%
1997 52.90% -1.00%
1996 53.90% 0.80%
1995 53.10% -0.10%
1994 53.20% -2.20%
1993 55.40% -0.10%
1992 55.50% 0.60%
1991 54.90% -0.40%
1990 55.30% 1.90%
1989 53.40% -0.50%
1988 53.90% 0.60%
1987 53.30% 3.30%
1986 50.00% -6.50%
1985 56.50% -1.50%
1984 58.00% -0.20%
1983 58.20% 3.40%
1982 54.80% 0.40%
1981 54.40% 54.40%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%