Portugal vs Venezuela, Bolivarian Republic of: Price level index
Price level index over time
- Portugal
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 62.5 GDP against 60.37 GDP in Portugal, a difference of 2.13 GDP.
Across all 22 years both countries report, Portugal has been ahead every year.
Portugal ranks 62nd and Venezuela, Bolivarian Republic of ranks 60th of 204 countries.
Portugal has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Portugal | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 74.52 GDP | 28.5 GDP | 46.02 GDP | Portugal |
| 2000s | 77.72 GDP | 45.17 GDP | 32.56 GDP | Portugal |
| 2010s | 84.68 GDP | 72.51 GDP | 12.17 GDP | Portugal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher price level index, Portugal or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 62.5 GDP against 60.37 GDP in Portugal as of 2011.
- What is the difference in price level index between Portugal and Venezuela, Bolivarian Republic of?
- 2.13 GDP, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Portugal and Venezuela, Bolivarian Republic of?
- 22 years are reported by both, from 1990 to 2011.
- How do Portugal and Venezuela, Bolivarian Republic of rank globally for price level index?
- Portugal ranks 62nd and Venezuela, Bolivarian Republic of ranks 60th of 204 countries.
- Where does this data come from?
- World Development Indicators, World Bank (WB), published as Price level index (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.