PPP conversion factor, GDP in Venezuela
Venezuela: PPP conversion factor, GDP was 0 LCU per international $ in 2011. ◆ Volatile
PPP conversion factor, GDP in Venezuela, 1990–2011
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor, gdp in Venezuela is 0 LCU per international $, measured in 2011. That is the highest value across all 22 years on record.
That represents a change of up 25.6% on the previous year and up 805.3% over ten years.
Over the whole period, ppp conversion factor, gdp in Venezuela peaked at 0 LCU per international $ in 2011 and was at its lowest, 0 LCU per international $, in 1990.
That places Venezuela 204th out of 204 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 LCU per international $ | 0 LCU per international $ | 0 LCU per international $ | 10 |
| 2000s | 0 LCU per international $ | 0 LCU per international $ | 0 LCU per international $ | 10 |
| 2010s | 0 LCU per international $ | 0 LCU per international $ | 0 LCU per international $ | 2 |
Countries ranked near Venezuela
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 ppp conversion factor, gdp in Venezuela?
- Ppp conversion factor, gdp in Venezuela was 0 LCU per international $ in 2011, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in Venezuela?
- The highest recorded value was 0 LCU per international $ in 2011.
- What is the lowest ppp conversion factor, gdp recorded in Venezuela?
- The lowest recorded value was 0 LCU per international $ in 1990.
- How does Venezuela rank for ppp conversion factor, gdp?
- Venezuela ranks 204th out of 204 countries with data for 2011.
- Is ppp conversion factor, gdp rising or falling in Venezuela?
- Over the last ten years it is up 805.3%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The purchasing power parity (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 gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.