Singapore vs Venezuela: Price level index
Price level index over time
- Singapore
- Venezuela
How they compare
Venezuela currently reports 62.5 GDP against 60.49 GDP in Singapore, a difference of 2.01 GDP.
The two have swapped places 2 times across 22 shared years of data; in 1990 it was Singapore ahead.
Singapore ranks 61st and Venezuela ranks 60th of 203 countries.
Across the 3 decades both report, Singapore averaged higher in 2 and Venezuela in 1.
Head to head by decade
| Decade | Singapore | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 61.43 GDP | 28.5 GDP | 32.93 GDP | Singapore |
| 2000s | 53.22 GDP | 45.17 GDP | 8.05 GDP | Singapore |
| 2010s | 64.98 GDP | 72.51 GDP | 7.53 GDP | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher price level index, Singapore or Venezuela?
- Venezuela, at 62.5 GDP against 60.49 GDP in Singapore as of 2011.
- What is the difference in price level index between Singapore and Venezuela?
- 2.01 GDP, with Venezuela ahead.
- How many years of comparable data are there for Singapore and Venezuela?
- 22 years are reported by both, from 1990 to 2011.
- How do Singapore and Venezuela rank globally for price level index?
- Singapore ranks 61st and Venezuela ranks 60th of 203 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.