Botswana vs Venezuela: GDP per capita, PPP
GDP per capita, PPP over time
- Botswana
- Venezuela
How they compare
Venezuela currently reports 21,283 current international $ against 20,698 current international $ in Botswana, a difference of 585 current international $.
Across all 22 years both countries report, Venezuela has been ahead every year.
Botswana ranks 104th and Venezuela ranks 102nd of 203 countries.
Venezuela has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Botswana | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 7,487 current international $ | 13,615 current international $ | 6,128 current international $ | Venezuela |
| 2000s | 11,292 current international $ | 16,696 current international $ | 5,404 current international $ | Venezuela |
| 2010s | 13,194 current international $ | 20,784 current international $ | 7,590 current international $ | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, ppp, Botswana or Venezuela?
- Venezuela, at 21,283 current international $ against 20,698 current international $ in Botswana as of 2011.
- What is the difference in gdp per capita, ppp between Botswana and Venezuela?
- 585 current international $, with Venezuela ahead.
- How many years of comparable data are there for Botswana and Venezuela?
- 22 years are reported by both, from 1990 to 2011.
- How do Botswana and Venezuela rank globally for gdp per capita, ppp?
- Botswana ranks 104th and Venezuela ranks 102nd of 203 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP per capita, PPP (current international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.