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Canada Poverty Rate

Canada's poverty rate was 0.2% in 2020, unchanged from 2019, according to World Bank. Canada has poverty rate lower than the global median (0.20% vs median 1.90%). Compared with the median in Americas, Canada is lower (0.20% vs regional median 2.25%) and ranks 21st out of 22 countries in Americas.

Canada's annual unemployment rate rose to 6.45% in 2024, up from 5.42% in 2023.

Yearly Historical Data (1971-2020)

(in %)
Year Poverty Rate (%)
2020 0.2%
2019 0.2%
2018 0.2%
2017 0.5%
2016 0.5%
2015 0.5%
2014 0.2%
2013 0.5%
2012 0.2%
2011 0.2%
2010 0.2%
2009 0.2%
2008 0.2%
2007 0.2%
2006 0.2%
2005 0.2%
2004 0.2%
2003 0.2%
2002 0.2%
2001 0.2%
2000 0.2%
1999 0.5%
1998 0.5%
1997 0.5%
1996 0.5%
1995 0.7%
1994 1%
1993 1.2%
1992 0.7%
1991 1.2%
1990 1.2%
1989 1.2%
1988 0.7%
1987 0.5%
1986 1%
1985 0.7%
1984 1%
1982 0.7%
1981 1%
1979 1.2%
1977 1.5%
1975 1.7%
1973 1.7%
1971 2.5%
Canada Poverty Rate : Definition
Poverty Rate measures the percentage of people in Canada living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).
Indicator Last Value Prior Value Period
Gini Index 29.9 points 31.7 points 2020
Happiness Index 6.8 points 6.9 points 2024
Homicide Rate 2.07 2 2021
Population 41.29M 40.08M 2024
Primary Enrollment Rate 96.01% 96.29% 2022