GDP per capita, PPP in Venezuela
Venezuela: GDP per capita, PPP was 21,283 current international $ in 2011. ▲ Rising
GDP per capita, PPP in Venezuela, 1990–2011
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
| Decade | Average | Lowest | Highest | 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
- 99 Turkmenistan 22,602 current international $ compare
- 100 Gabon 22,218 current international $ compare
- 101 Grenada 21,346 current international $ compare
- 103 Mongolia 20,798 current international $ compare
- 104 Botswana 20,698 current international $ compare
- 105 Egypt 20,204 current international $ compare
More economy & growth data for Venezuela
- DEC alternative conversion factor 165.46 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 996.97 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.03 billion current US$ (2025)
- Taxes less subsidies on products 0 current LCU (2011)
- Taxes less subsidies on products 0 current US$ (2011)
- Net primary income (Net income from abroad) -264.73 billion current LCU (2025)
- Net primary income (Net income from abroad) -1.60 billion current US$ (2025)
- GNI per capita 568,963 current LCU (2025)
- GNI per capita, Atlas method 3,860 current US$ (2025)
- GNI 16.23 trillion current LCU (2025)
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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About this data
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.