Extreme poverty rate — all countries

Extreme poverty rate — Latin America & Caribbean

Extreme poverty rate in Latin America & Caribbean in 2024 — 4.3%. Since 1981, the indicator has fallen by 15.7 pp.

2024 4.3% −0.3 pp vs 2023
World rank
Period maximum 23.8%1983
Period minimum 4.3%2024

Trend over time

1981–2024 · % of population

Extreme poverty rate — Latin America & Caribbean, 1981–2024010203019811986199119962001200620112016202120241981: 20%1982: 20.7%1983: 23.8%1984: 23.4%1985: 21.8%1986: 16.7%1987: 19.5%1988: 20%1989: 19.2%1990: 20.7%1991: 20.1%1992: 20.2%1993: 20.1%1994: 19.5%1995: 18.5%1996: 19.9%1997: 19.4%1998: 19.2%1999: 19.5%2000: 18.1%2001: 17.9%2002: 17.1%2003: 16.6%2004: 15.3%2005: 14.2%2006: 12%2007: 10.8%2008: 9.9%2009: 9.5%2010: 8.5%2011: 7.7%2012: 7.5%2013: 6.8%2014: 6.5%2015: 6%2016: 6.2%2017: 6.2%2018: 6.1%2019: 6.2%2020: 5.8%2021: 6.2%2022: 5%2023: 4.6%2024: 4.3%
Change over the period: −15.7 pp Annual average: -0.37 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean

Latin America & Caribbean 4.3%
World 10.4%
Extreme poverty rate — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year % Change, pp
2024 4.3 −0.3 pp
2023 4.6 −0.4 pp
2022 5 −1.2 pp
2021 6.2 +0.4 pp
2020 5.8 −0.4 pp
2019 6.2 +0.1 pp
2018 6.1 −0.1 pp
2017 6.2 +0 pp
2016 6.2 +0.2 pp
2015 6 −0.5 pp
2014 6.5 −0.3 pp
2013 6.8 −0.7 pp
2012 7.5 −0.2 pp
2011 7.7 −0.8 pp
2010 8.5 −1 pp
2009 9.5 −0.4 pp
2008 9.9 −0.9 pp
2007 10.8 −1.2 pp
2006 12 −2.2 pp
2005 14.2 −1.1 pp
2004 15.3 −1.3 pp
2003 16.6 −0.5 pp
2002 17.1 −0.8 pp
2001 17.9 −0.2 pp
2000 18.1 −1.4 pp
1999 19.5 +0.3 pp
1998 19.2 −0.2 pp
1997 19.4 −0.5 pp
1996 19.9 +1.4 pp
1995 18.5 −1 pp
1994 19.5 −0.6 pp
1993 20.1 −0.1 pp
1992 20.2 +0.1 pp
1991 20.1 −0.6 pp
1990 20.7 +1.5 pp
1989 19.2 −0.8 pp
1988 20 +0.5 pp
1987 19.5 +2.8 pp
1986 16.7 −5.1 pp
1985 21.8 −1.6 pp
1984 23.4 −0.4 pp
1983 23.8 +3.1 pp
1982 20.7 +0.7 pp
1981 20

About the indicator

The share of the population whose consumption or income falls below the international extreme poverty line — $2.15 a day in 2017 prices at purchasing power parity. This is the very indicator by which the first UN Sustainable Development Goal is tracked. The line is revised as the PPP conversion factors are updated, so historical values are recalculated retrospectively.

Important: The estimates are built on household surveys held once every few years; between surveys the values are interpolated.

Source: World Development Indicators (World Bank), license CC BY 4.0.