Chile: Prosperity gap (average shortfall from a prosperity standard of $28/day)

Key figures

Since 1987 it is down 78.38% from 7.4 in 1987 (4.05% a year on average, compounded). The World Bank has no value for 21 of the years in between; the chart leaves those gaps open rather than joining across them.

How it compares

In 2024, Chile had the 18th highest value of the 20 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Chile in the 2024 ranking

• Argentina — 15th of 20: 2.1
• Dominican Republic — 16th of 20: 2.1
• Thailand — 17th of 20: 2
• Uruguay — 19th of 20: 1.4
• United States — 20th of 20: 1.3

What this measures

The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.

Regional and income-group figures are computed by the World Bank as a population-weighted average.

All 17 values

Prosperity gap (average shortfall from a prosperity standard of $28/day) in nearby economies

• Argentina — 2.1 (2024)
• Bolivia — 2.4 (2024)
• Brazil — 2.7 (2024)
• Colombia — 4.7 (2024)
• Costa Rica — 1.7 (2025)
• Dominican Republic — 2.1 (2024)
• Ecuador — 3.1 (2025)
• El Salvador — 3.6 (2023)

More poverty data for Chile

• Income share held by second 20% — 9.9% (2024)
• Income share held by third 20% — 14% (2024)
• Income share held by fourth 20% — 20.3% (2024)
• Income share held by highest 20% — 49.9% (2024)
• Income share held by highest 10% — 34.3% (2024)
• Proportion of people living below 50 percent of median income (%) — 13.9% (2024)
• Income share held by lowest 10% — 2.3% (2024)
• Income share held by lowest 20% — 5.8% (2024)
• Poverty headcount ratio at $3.00 a day (2021 PPP) (% of population) — 0.4% (2024)
• Poverty gap at $3.00 a day (2021 PPP) (%)

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Questions people ask

What is Chile's prosperity gap (average shortfall from a prosperity standard of $28/day)?

1.6 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1987?

It is down 78.38% from 7.4 in 1987 (4.05% a year on average, compounded). The highest value was 7.4 in 1987 and the lowest 1.6 in 2024.

How does Chile rank?

18th highest of 20 economies with data for 2024.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original 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 economies are mostly from the Luxembourg Income Study database..

Source

World Bank, World Development Indicators, indicator SI.SPR.PGAP, licensed CC BY 4.0. Original 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 economies are mostly from the Luxembourg Income Study database. Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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