Income share held by highest 20% in Venezuela
Venezuela: Income share held by highest 20% was 49.5% in 2006. ▼ Falling
Income share held by highest 20% in Venezuela, 1981–2006
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
The most recent figure for income share held by highest 20% in Venezuela is 49.5%, measured in 2006.
Compared with earlier readings it is down 6.4% on the previous year and down 4.6% over ten years.
Over the whole period, income share held by highest 20% in Venezuela peaked at 59.9% in 1981 and was at its lowest, 47.7%, in 1992.
That places Venezuela 16th out of 121 countries with data for 2006, putting it in the top quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 55.5% | 48.7% | 59.9% | 3 |
| 1990s | 51.1% | 47.7% | 52.5% | 4 |
| 2000s | 51.8% | 49.5% | 53.1% | 6 |
Countries ranked near Venezuela
More poverty & inequality data for Venezuela
- Poverty headcount ratio at $8.30 a day (2021 PPP) 43.3% (2006)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 16.4% (2006)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 9.7% (2006)
- Poverty gap at $3.00 a day (2021 PPP) 4.6% (2006)
- Prosperity gap 6.5 average shortfall from a prosperity standard of $28/day (2006)
- Poverty gap at $8.30 a day (2021 PPP) 18.4% (2006)
- Poverty headcount ratio at societal poverty line 28.6% (2006)
- Poverty gap at $4.20 a day (2021 PPP) 7.0% (2006)
- Population living in slums 25.7% (2022)
- Income share held by second 20% 9.6% (2006)
Frequently asked questions
- What is income share held by highest 20% in Venezuela?
- Income share held by highest 20% in Venezuela was 49.5% in 2006, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest income share held by highest 20% recorded in Venezuela?
- The highest recorded value was 59.9% in 1981.
- What is the lowest income share held by highest 20% recorded in Venezuela?
- The lowest recorded value was 47.7% in 1992.
- How does Venezuela rank for income share held by highest 20%?
- Venezuela ranks 16th out of 121 countries with data for 2006.
- Is income share held by highest 20% rising or falling in Venezuela?
- Over the last ten years it is down 4.6%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Income share held by highest 20%. Statizoid updates them automatically from the source API.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.