GDP per capita, PPP in Venezuela

Venezuela: GDP per capita, PPP was 21,283 current international $ in 2011. ▲ Rising

Latest (2011)
21,283 current international $
Change on year
up 4.9%
World rank
102nd
of 203 countries
All-time high
21,448 current international $
in 2008
All-time low
11,675 current international $
in 1990
Years of data
22
1990–2011

GDP per capita, PPP in Venezuela, 1990–2011

05.0k10.0k15.0k20.0k1990200020111990: 11.7k current international $1991: 12.9k current international $1992: 13.7k current international $1993: 13.7k current international $1994: 13.4k current international $1995: 13.9k current international $1996: 13.8k current international $1997: 14.7k current international $1998: 14.6k current international $1999: 13.7k current international $2000: 14.2k current international $2001: 14.8k current international $2002: 13.4k current international $2003: 12.4k current international $2004: 14.8k current international $2005: 16.5k current international $2006: 18.4k current international $2007: 20.3k current international $2008: 21.4k current international $2009: 20.6k current international $2010: 20.3k current international $2011: 21.3k current international $

Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.

Analysis

In 2011, gdp per capita, ppp in Venezuela stood at 21,283 current international $.

The figure is up 4.9% on the previous year and up 44.3% over ten years.

Over the whole period, gdp per capita, ppp in Venezuela peaked at 21,448 current international $ in 2008 and was at its lowest, 11,675 current international $, in 1990.

That places Venezuela 102nd out of 203 countries with data for 2011, putting it in the middle of the range.

The long-run direction has been consistently rising across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 13,615 current international $ 11,675 current international $ 14,678 current international $ 10
2000s 16,696 current international $ 12,408 current international $ 21,448 current international $ 10
2010s 20,784 current international $ 20,286 current international $ 21,283 current international $ 2

Countries ranked near Venezuela

  1. 99 Turkmenistan 22,602 current international $ compare
  2. 100 Gabon 22,218 current international $ compare
  3. 101 Grenada 21,346 current international $ compare
  4. 103 Mongolia 20,798 current international $ compare
  5. 104 Botswana 20,698 current international $ compare
  6. 105 Egypt 20,204 current international $ compare

See the full ranking of 250 places →

More economy & growth data for Venezuela

All data for Venezuela →

Frequently asked questions

What is gdp per capita, ppp in Venezuela?
Gdp per capita, ppp in Venezuela was 21,283 current international $ in 2011, according to International Comparison Program (ICP), World Bank (WB).
What is the highest gdp per capita, ppp recorded in Venezuela?
The highest recorded value was 21,448 current international $ in 2008.
What is the lowest gdp per capita, ppp recorded in Venezuela?
The lowest recorded value was 11,675 current international $ in 1990.
How does Venezuela rank for gdp per capita, ppp?
Venezuela ranks 102nd out of 203 countries with data for 2011.
Is gdp per capita, ppp rising or falling in Venezuela?
Over the last ten years it is up 44.3%. The long-run trend across the full record is rising.
Where does this Venezuela data come from?
The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP per capita, PPP (current international $). Statizoid updates them automatically from the source API.

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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
GDP per capita, PPP (current international $)
Unit
current international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
250 places, 8,712 data points, 1990–2025
Last refreshed

This indicator provides values for gross domestic product (GDP) per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.