Price level index in Venezuela, República Bolivariana de
Venezuela, República Bolivariana de: Price level index was 62.5 GDP in 2011. ▲ Rising
Price level index in Venezuela, República Bolivariana de, 1990–2011
Source: World Development Indicators, World Bank (WB). Measured in GDP.
Analysis
In 2011, price level index in Venezuela, República Bolivariana de stood at 62.5 GDP.
That represents a change of down 24.3% on the previous year and up 52.7% over ten years.
Over the whole period, price level index in Venezuela, República Bolivariana de peaked at 82.52 GDP in 2010 and was at its lowest, 24.61 GDP, in 1994.
That places Venezuela, República Bolivariana de 60th out of 203 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.5 GDP | 24.61 GDP | 36.52 GDP | 10 |
| 2000s | 45.17 GDP | 31.93 GDP | 68.94 GDP | 10 |
| 2010s | 72.51 GDP | 62.5 GDP | 82.52 GDP | 2 |
Countries ranked near Venezuela, República Bolivariana de
More economy & growth data for Venezuela, República Bolivariana de
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2011)
- Gdp worldbank constant usd, per unit of GDP 0.4346 units per US$ of GDP (2025)
- Gdp worldbank constant usd, annual growth rate 1.57 % change on previous year (2025)
- External balance on goods and services as a percent of gdp 4.79 (2025)
- Gdp worldbank constant usd, per capita 1,519 units per person (2025)
- Manufacturing value added to gdp, per capita 0 units per person (2011)
- Inflation of consumer prices 254.95 (2016)
- Inflation, GDP deflator 227.1% (2025)
- Exports of goods and services 14.9% (2025)
- Discrepancy in expenditure estimate of GDP -2.90 million current LCU (2025)
Frequently asked questions
- What is price level index in Venezuela, República Bolivariana de?
- Price level index in Venezuela, República Bolivariana de was 62.5 GDP in 2011, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Venezuela, República Bolivariana de?
- The highest recorded value was 82.52 GDP in 2010.
- What is the lowest price level index recorded in Venezuela, República Bolivariana de?
- The lowest recorded value was 24.61 GDP in 1994.
- How does Venezuela, República Bolivariana de rank for price level index?
- Venezuela, República Bolivariana de ranks 60th out of 203 countries with data for 2011.
- Is price level index rising or falling in Venezuela, República Bolivariana de?
- Over the last ten years it is up 52.7%. The long-run trend across the full record is rising.
- Where does this Venezuela, República Bolivariana de data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Price level index (GDP). Statizoid updates them automatically from the source API.
Download this data
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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.