Price level index in Venezuela
Venezuela: Price level index was 62.5 GDP in 2011. ▲ Rising
Price level index in Venezuela, 1990–2011
Source: World Development Indicators, World Bank (WB). Measured in GDP.
Analysis
In 2011, price level index in Venezuela stood at 62.5 GDP.
That represents a change of down 24.3% on the previous year and up 52.7% over ten years.
Over the whole period, price level index in Venezuela peaked at 82.52 GDP in 2010 and was at its lowest, 24.61 GDP, in 1994.
That places Venezuela 60th 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 | 28.5 GDP | 24.61 GDP | 36.52 GDP | 10 |
| 2000s | 45.17 GDP | 31.93 GDP | 68.94 GDP | 10 |
| 2010s | 72.51 GDP | 62.5 GDP | 82.52 GDP | 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 price level index in Venezuela?
- Price level index in Venezuela was 62.5 GDP in 2011, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Venezuela?
- The highest recorded value was 82.52 GDP in 2010.
- What is the lowest price level index recorded in Venezuela?
- The lowest recorded value was 24.61 GDP in 1994.
- How does Venezuela rank for price level index?
- Venezuela ranks 60th out of 203 countries with data for 2011.
- Is price level index rising or falling in Venezuela?
- Over the last ten years it is up 52.7%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Price level index (GDP). 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 price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.