economy
May 9, 2026
Encovi: 55% of the population in Venezuela lives in multidimensional poverty
The National Survey of Living Conditions (Encovi) 2025 indicates that 55% of the population lives in multidimensional poverty, although monetary poverty has decreased.
TL;DR
- 55% of Venezuela's population lived in multidimensional poverty in 2025, according to the Encovi survey.
- Monetary poverty affected 68.5% of households, a decrease from the previous year.
- Extreme poverty fell to 31.7%, meaning 1 in 3 households could not meet basic food needs.
- Despite decreases in poverty metrics, multidimensional poverty has not improved, with concerns about public services, housing, and education.
- The Venezuelan economy experienced eight years of recession and hyperinflation, with the minimum wage remaining frozen at $130 bolivars since 2022.
- Lack of public services, such as waste collection, is the primary reason for school absences.
- Only 78% of the population had access to drinking water in 2025, an increase in service interruption compared to 2014.