GDP, PPP (current international $), per unit of GDP in Venezuela
Venezuela: GDP, PPP (current international $), per unit of GDP was 1.96 current international $ per US$ of GDP in 2011. ▼ Falling
GDP, PPP (current international $), per unit of GDP in Venezuela, 1990–2011
Source: Statizoid (derived). Measured in current international $ per US$ of GDP.
Analysis
Venezuela recorded 1.96 current international $ per US$ of GDP for gdp, ppp (current international $), per unit of gdp in 2011.
That represents a change of up 32.0% on the previous year and down 34.5% over ten years.
Over the whole period, gdp, ppp (current international $), per unit of gdp in Venezuela peaked at 4.98 current international $ per US$ of GDP in 1994 and was at its lowest, 1.49 current international $ per US$ of GDP, in 2010.
Venezuela ranks 118th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
GDP, PPP (current international $), per unit of GDP in Venezuela, year by year
| Year | current international $ per US$ of GDP | Change |
|---|---|---|
| 1990 | 4.76 current international $ per US$ of GDP | — |
| 1991 | 4.91 current international $ per US$ of GDP | +3.0% |
| 1992 | 4.71 current international $ per US$ of GDP | -4.1% |
| 1993 | 4.86 current international $ per US$ of GDP | +3.3% |
| 1994 | 4.98 current international $ per US$ of GDP | +2.5% |
| 1995 | 3.99 current international $ per US$ of GDP | -19.9% |
| 1996 | 4.45 current international $ per US$ of GDP | +11.4% |
| 1997 | 3.96 current international $ per US$ of GDP | -11.1% |
| 1998 | 3.78 current international $ per US$ of GDP | -4.5% |
| 1999 | 3.36 current international $ per US$ of GDP | -11.1% |
| 2000 | 2.97 current international $ per US$ of GDP | -11.4% |
| 2001 | 3 current international $ per US$ of GDP | +0.8% |
| 2002 | 3.68 current international $ per US$ of GDP | +22.6% |
| 2003 | 3.84 current international $ per US$ of GDP | +4.5% |
| 2004 | 3.47 current international $ per US$ of GDP | -9.7% |
| 2005 | 3.05 current international $ per US$ of GDP | -12.2% |
| 2006 | 2.74 current international $ per US$ of GDP | -10.2% |
| 2007 | 2.44 current international $ per US$ of GDP | -11.0% |
| 2008 | 1.9 current international $ per US$ of GDP | -21.8% |
| 2009 | 1.78 current international $ per US$ of GDP | -6.6% |
| 2010 | 1.49 current international $ per US$ of GDP | -16.5% |
| 2011 | 1.96 current international $ per US$ of GDP | +32.0% |
Venezuela compared with similar countries
- Venezuela's 1.96 current international $ per US$ of GDP is below the median for lower middle income countries, which is 2.93 current international $ per US$ of GDP, 67% of the median. (47 countries reporting)
- Venezuela's 1.96 current international $ per US$ of GDP is above the median for Latin America & Caribbean, which is 1.94 current international $ per US$ of GDP, 1.0× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.38 current international $ per US$ of GDP | 3.36 current international $ per US$ of GDP | 4.98 current international $ per US$ of GDP | 10 |
| 2000s | 2.89 current international $ per US$ of GDP | 1.78 current international $ per US$ of GDP | 3.84 current international $ per US$ of GDP | 10 |
| 2010s | 1.72 current international $ per US$ of GDP | 1.49 current international $ per US$ of GDP | 1.96 current international $ per US$ of GDP | 2 |
Countries ranked near Venezuela
- 115 Cape Verde 2.1 current international $ per US$ of GDP compare
- 116 Dominica 2.07 current international $ per US$ of GDP compare
- 117 Comoros 2.06 current international $ per US$ of GDP compare
- 119 Trinidad and Tobago 1.96 current international $ per US$ of GDP compare
- 120 Maldives 1.95 current international $ per US$ of GDP compare
- 121 Saint Lucia 1.94 current international $ per US$ of GDP compare
More economy & growth data for Venezuela
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0216 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 91.64 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.45 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0135 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 57.47 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is gdp, ppp (current international $), per unit of gdp in Venezuela?
- Gdp, ppp (current international $), per unit of gdp in Venezuela was 1.96 current international $ per US$ of GDP in 2011, according to Statizoid (derived).
- What is the highest gdp, ppp (current international $), per unit of gdp recorded in Venezuela?
- The highest recorded value was 4.98 current international $ per US$ of GDP in 1994.
- What is the lowest gdp, ppp (current international $), per unit of gdp recorded in Venezuela?
- The lowest recorded value was 1.49 current international $ per US$ of GDP in 2010.
- How does Venezuela rank for gdp, ppp (current international $), per unit of gdp?
- Venezuela ranks 118th out of 204 countries with data for 2011.
- Is gdp, ppp (current international $), per unit of gdp rising or falling in Venezuela?
- Over the last ten years it is down 34.5%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of GDP, PPP (current international $), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
GDP, PPP (current international $) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP, PPP (current international $) ÷ GDP (current US$)
Computed from
- GDP, PPP International Comparison Program (ICP), World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP, PPP (current international $) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.