Poverty at $6.85 a day — all countries

Poverty at $6.85 a day — Latin America & Caribbean

Poverty at $6.85 a day in Latin America & Caribbean in 2024 — 24.7%. Since 1981, the indicator has fallen by 31.4 pp.

2024 24.7% −1.8 pp vs 2023
World rank
Period maximum 59.7%1983
Period minimum 24.7%2024

Trend over time

1981–2024 · % of population

Poverty at $6.85 a day — Latin America & Caribbean, 1981–2024203040506019811986199119962001200620112016202120241981: 56.1%1982: 56.6%1983: 59.7%1984: 59.5%1985: 58.2%1986: 52.2%1987: 55.5%1988: 55.9%1989: 55.6%1990: 57.4%1991: 57.1%1992: 57.5%1993: 57.2%1994: 56%1995: 55.1%1996: 55.9%1997: 54.9%1998: 54.3%1999: 55.1%2000: 53.1%2001: 52.5%2002: 52.7%2003: 52%2004: 50.6%2005: 48%2006: 44.4%2007: 42.3%2008: 40.3%2009: 40%2010: 38.1%2011: 36.1%2012: 34.9%2013: 33.9%2014: 33.3%2015: 31.6%2016: 31.4%2017: 31%2018: 30.5%2019: 30.2%2020: 30.5%2021: 31%2022: 28%2023: 26.5%2024: 24.7%
Change over the period: −31.4 pp Annual average: -0.73 pp

Comparison, 2024

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

Latin America & Caribbean 24.7%
World 46.1%
Poverty at $6.85 a day — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year % Change, pp
2024 24.7 −1.8 pp
2023 26.5 −1.5 pp
2022 28 −3 pp
2021 31 +0.5 pp
2020 30.5 +0.3 pp
2019 30.2 −0.3 pp
2018 30.5 −0.5 pp
2017 31 −0.4 pp
2016 31.4 −0.2 pp
2015 31.6 −1.7 pp
2014 33.3 −0.6 pp
2013 33.9 −1 pp
2012 34.9 −1.2 pp
2011 36.1 −2 pp
2010 38.1 −1.9 pp
2009 40 −0.3 pp
2008 40.3 −2 pp
2007 42.3 −2.1 pp
2006 44.4 −3.6 pp
2005 48 −2.6 pp
2004 50.6 −1.4 pp
2003 52 −0.7 pp
2002 52.7 +0.2 pp
2001 52.5 −0.6 pp
2000 53.1 −2 pp
1999 55.1 +0.8 pp
1998 54.3 −0.6 pp
1997 54.9 −1 pp
1996 55.9 +0.8 pp
1995 55.1 −0.9 pp
1994 56 −1.2 pp
1993 57.2 −0.3 pp
1992 57.5 +0.4 pp
1991 57.1 −0.3 pp
1990 57.4 +1.8 pp
1989 55.6 −0.3 pp
1988 55.9 +0.4 pp
1987 55.5 +3.3 pp
1986 52.2 −6 pp
1985 58.2 −1.3 pp
1984 59.5 −0.2 pp
1983 59.7 +3.1 pp
1982 56.6 +0.5 pp
1981 56.1

About the indicator

The share of the population whose consumption falls below $6.85 a day at 2017 purchasing power parity — the highest of the three international lines of the World Bank. It is this line that shows how much more modest the fall in world poverty looks than the extreme line suggests: nearly half the population of the planet lives below this level, and over recent decades that share has been falling more slowly than the share of the destitute.

Important: It matches the typical national poverty lines of upper-middle-income countries. For rich countries even this line is low — there poverty is measured relative to median income rather than by an absolute amount.

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