Adjusted net national income in Venezuela

Venezuela: Adjusted net national income was 354.71 billion current US$ in 2014. ◆ Volatile

Latest (2014)
354.71 billion current US$
Change on year
up 28.4%
World rank
32nd
of 184 countries
All-time high
354.71 billion current US$
in 2014
All-time low
9.48 billion current US$
in 1970
Years of data
45
1970–2014

Adjusted net national income in Venezuela, 1970–2014

0100.0B200.0B300.0B400.0B1970199220141970: 9.5B current US$1971: 10.2B current US$1972: 11.3B current US$1973: 13.2B current US$1974: 16.2B current US$1975: 20.0B current US$1976: 23.3B current US$1977: 28.0B current US$1978: 29.8B current US$1979: 29.4B current US$1980: 37.7B current US$1981: 46.5B current US$1982: 50.1B current US$1983: 48.0B current US$1984: 42.3B current US$1985: 46.3B current US$1986: 46.2B current US$1987: 35.5B current US$1988: 46.0B current US$1989: 30.3B current US$1990: 34.9B current US$1991: 41.2B current US$1992: 46.6B current US$1993: 45.3B current US$1994: 42.9B current US$1995: 58.1B current US$1996: 50.3B current US$1997: 63.0B current US$1998: 68.8B current US$1999: 73.8B current US$2000: 89.1B current US$2001: 93.8B current US$2002: 67.8B current US$2003: 60.6B current US$2004: 84.2B current US$2005: 111.6B current US$2006: 145.8B current US$2007: 192.1B current US$2008: 266.6B current US$2009: 268.3B current US$2010: 317.6B current US$2011: 244.2B current US$2012: 290.4B current US$2013: 276.3B current US$2014: 354.7B current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

Venezuela recorded 354.71 billion current US$ for adjusted net national income in 2014. That is the highest value across all 45 years on record.

The figure is up 28.4% on the previous year and up 321.5% over ten years.

Over the whole period, adjusted net national income in Venezuela peaked at 354.71 billion current US$ in 2014 and was at its lowest, 9.48 billion current US$, in 1970.

Venezuela ranks 32nd of 184 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 19.08 billion current US$ 9.48 billion current US$ 29.76 billion current US$ 10
1980s 42.90 billion current US$ 30.32 billion current US$ 50.11 billion current US$ 10
1990s 52.48 billion current US$ 34.93 billion current US$ 73.76 billion current US$ 10
2000s 137.98 billion current US$ 60.56 billion current US$ 268.31 billion current US$ 10
2010s 296.63 billion current US$ 244.20 billion current US$ 354.71 billion current US$ 5

Countries ranked near Venezuela

  1. 29 Norway 378.33 billion current US$ compare
  2. 30 Nigeria 363.31 billion current US$ compare
  3. 31 Philippines 361.50 billion current US$ compare
  4. 33 Egypt 353.38 billion current US$ compare
  5. 34 Denmark 344.36 billion current US$ compare
  6. 35 South Africa 339.55 billion current US$ compare

See the full ranking of 231 places →

More economy & growth data for Venezuela

All data for Venezuela →

Frequently asked questions

What is adjusted net national income in Venezuela?
Adjusted net national income in Venezuela was 354.71 billion current US$ in 2014, according to Staff estimates, World Bank (WB).
What is the highest adjusted net national income recorded in Venezuela?
The highest recorded value was 354.71 billion current US$ in 2014.
What is the lowest adjusted net national income recorded in Venezuela?
The lowest recorded value was 9.48 billion current US$ in 1970.
How does Venezuela rank for adjusted net national income?
Venezuela ranks 32nd out of 184 countries with data for 2014.
Is adjusted net national income rising or falling in Venezuela?
Over the last ten years it is up 321.5%. The long-run trend across the full record is volatile.
Where does this Venezuela data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Adjusted net national income (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
231 places, 9,520 data points, 1970–2021
Last refreshed

Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.