Canada Poverty Rate
Poverty headcount ratio at $2.15/day SI.POV.DDAY
Canada's poverty rate was 0.20% in 2021, ranked 17th globally. This represents a 0.0% increase from 2020. Data from World Bank, covering 1971–2021.
Overview
Canada's poverty rate stood at 0.20% in 2021, a rise of +0.00pp from 2020. Canada ranked 17th globally.
Canada's poverty rate has experienced a significant decline over the past four and a half decades, with the most recent data from the World Bank indicating a rate of 0.20% in 2021, ranking the country 17th globally. This represents a substantial decrease from the peak of 2.50% in 1971, a period marked by rising unemployment and economic stagnation. Since then, Canada's economy has undergone substantial transformations, with the country adopting a more diversified and service-based economy. This shift, along with improvements in social welfare programs and labor market policies, has contributed to Canada's poverty rate falling to its lowest point in history. At 0.20%, Canada's poverty rate is comparable to that of Denmark, another high-income country with a strong social safety net. However, rising income inequality and slow wage growth may challenge this trend, and further policy efforts may be required to maintain Canada's progress in reducing poverty.
Data & projection
| Year | Poverty Rate | YoY change | Rank |
|---|---|---|---|
| 2021 | 0.20% | +0.00pp | #17 |
| 2020 | 0.20% | +0.00pp | #18 |
| 2019 | 0.20% | +0.00pp | #19 |
| 2018 | 0.20% | −0.30pp | #18 |
| 2017 | 0.50% | +0.00pp | #30 |
| 2016 | 0.50% | +0.00pp | #30 |
| 2015 | 0.50% | +0.30pp | #27 |
| 2014 | 0.20% | −0.30pp | #18 |
| 2013 | 0.50% | +0.30pp | #27 |
| 2012 | 0.20% | +0.00pp | #18 |
| 2011 | 0.20% | +0.00pp | #19 |
| 2010 | 0.20% | +0.00pp | #17 |
| 2009 | 0.20% | +0.00pp | #15 |
| 2008 | 0.20% | +0.00pp | #15 |
| 2007 | 0.20% | +0.00pp | #15 |
Detected Pattern
Analysis
Canada matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw poverty rate improve within 24 months. View full analysis →
The provided news headlines do not contain information relevant to Canada's poverty rate, which is reported at 0.20%. One headline discusses poverty in Africa, while the others describe academic programs. Therefore, these developments offer no direct insight into Canada's current poverty statistics.
Frequently Asked Questions
Canada's poverty rate was 0.20% in 2021. Ranked 17th globally. This represents a 0.0% increase from the previous year.
Canada's poverty rate peaked at 2.50% in 1971.
The lowest poverty rate in Canada was 0.20% in 2000.
Canada ranks 17th globally in poverty rate as of 2021.
The World Bank indicator code is SI.POV.DDAY. Data sourced from World Bank.
The poverty rate of Canada in 2021 was 0.20%. This ranks 17th in the world.
Cite this page
@misc{historysaid_canada_poverty-rate,
title = {Canada Poverty Rate},
url = {https://historysaid.com/canada/poverty-rate/},
publisher = {HistorySaid},
year = {2026}
}