Israel vs Venezuela, Bolivarian Republic of: GNI, PPP
GNI, PPP over time
- Israel
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 608.36 billion current international $ against 595.97 billion current international $ in Israel, a difference of 12.39 billion current international $.
Across all 22 years both countries report, Venezuela, Bolivarian Republic of has been ahead every year.
Israel ranks 50th and Venezuela, Bolivarian Republic of ranks 47th of 202 countries.
Venezuela, Bolivarian Republic of has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Israel | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 107.21 billion current international $ | 293.87 billion current international $ | 186.66 billion current international $ | Venezuela, Bolivarian Republic of |
| 2000s | 180.52 billion current international $ | 442.55 billion current international $ | 262.03 billion current international $ | Venezuela, Bolivarian Republic of |
| 2010s | 232.62 billion current international $ | 593.48 billion current international $ | 360.86 billion current international $ | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gni, ppp, Israel or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 608.36 billion current international $ against 595.97 billion current international $ in Israel as of 2011.
- What is the difference in gni, ppp between Israel and Venezuela, Bolivarian Republic of?
- 12.39 billion current international $, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Israel and Venezuela, Bolivarian Republic of?
- 22 years are reported by both, from 1990 to 2011.
- How do Israel and Venezuela, Bolivarian Republic of rank globally for gni, ppp?
- Israel ranks 50th and Venezuela, Bolivarian Republic of ranks 47th of 202 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GNI, PPP (current international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for gross national income (GNI) 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 national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. 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. 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.