Venezuela (VEN) , GDP per capita (constant 2010 US$) indicators data for years 2013 to 2017 As of 2019, the estimated average GDP per capita of all of the countries of the world is Int$18,381. Venezuela GDP per Capita is at a current level of 16054.49, up from 12456.71 one year ago. Dollars, Annual, Not Seasonally Adjusted 1960 to 2014 (2020-07-02) Gross Domestic Product Per Capita for Bolivarian Republic of Venezuela. After oil was discovered in Venezuela in 1922 during the Maracaibo strike, Venezuela's dictator Juan Vicente Gómez allowed American oil companies to write Venezuela's petroleum law. Venezuela (Bolivarian Republic of) GDP per capita was at level of 1,691 US dollars in 2020, down from 2,299 US dollars previous year, this is a change of 26.47%. The per capita GDP is $12,700, and when compared to the countries on left, is not that bad. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. Skip to main content. Venezuela GDP per capita The Gross Domestic Product per capita in Venezuela was last recorded at 14025.36 US dollars in 2014. Looking forward, we estimate GDP Annual Growth Rate in Venezuela to stand at -10.00 in 12 months time. This article is a list of the countries of the world by gross domestic product per capita, i.e., the purchasing power parity value of all final goods and services produced within a country in a given year, divided by the average population for the same year. Data Download. My Account ... 2010 U.S. Venezuela: GDP per capita, Purchasing Power Parity: For that indicator, we provide data for Venezuela from to . 6,890 (US dollars) in 2017. GDP (Nominal) per capita ($) GDP (PPP) per capita (Int. The latest value from 2014 is 14025.36 U.S. dollars. Venezuela GDP per capita PPP is updated Yearly, is measured in USD and is calculated by World Bank. National consumer prices rose 24.6% from the previous month in April, up from Marchâs 16.1% month-on-month increase, according to data released by the Central Bank of Venezuela (BCV). Plaza Venezuela in Caracas GDP rank 92nd (nominal, 2021) 78th (PPP, 2020) GDP growth â35.0% (2019e) â30.0% (2020e) â10.0% (20 ... GDP per capita $1,541 (nominal, 2021 est.) $5,178 (PPP, ... GDP per capita rank 152nd (nominal, 2021) 140th (PPP, 2020) 35 more rows ... Four economies in the top ten including top three have gained. The statistic shows the growth in real GDP in Venezuela from between 2012 to 2018, with projections up until 2022. On 19 October, the Central Bank of Venezuela (BCV) released fresh macroeconomic data for the first time in six months, underscoring the severity of the crisis currently gripping the country. GDP per capita from the World Bank vs. GDP per capita from the Maddison Project. source: World Bank 10Y Top Losers in 2020: Out of 194 economies, gdp (nominal) per capita 155 economies have decreased in 2020 compared to 2019. Constant GDP per capita for the Bolivarian Republic of Venezuela. This is a change of 28.88% from one year ago. Venezuela Economic News. The GDP seems to be consistent with the per capita GDP. The standard of living, measured as gross domestic product (GDP) per capita, increased dramatically in Venezuela relative to that of the United States from 20 percent in 1920 to 90 percent in 1958, but since then has collapsed to around 30 percent nowadays. GDP per capita in US$ World Bank (1960 to 2017) GDP per capita vs population density. Dollars) New Central Bank data reveals the crisis is only worsening. GDP per capita is gross domestic product divided by midyear population. Irelandâs Debt Ratio Could Fall to Pre-covid Levels After 2026 on Deficit Reduction, Strong Growth. Structure of Venezuela GDP: from agriculture, manufacturing, mining and services. Venezuela GDP per capita History. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. 51.9966747794456 (2017) Age-standardized death rate from cardiovascular diseases, per 100,000 individuals. Government spending as a percentage of GDP in Venezuela in 2007 was 30%, smaller than other mixed economies such as France (49%) and Sweden (52%). Can Gold Withstand the Dark Side? Venezuela GDP Value was 482 USD Billion in 2021. May 18, 2021. The series are from the Maddison Project Database, version 2018, which represent an update of the well-known historical data inMaddison(2010), seeBolt et al.(2018). The average value for Venezuela during that period was U.S. dollars with a minimum of U.S. dollars in and a maximum of U.S. dollars in . Venezuela GDP per capita PPP History. Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Venezuela economic outlook, debt to GDP ratio, international trade performance and population trends. GDP per capita of 39 economies increased in 2020. Venezuela - GDP per capita (U.S. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2000 when the GDP per capita in Venezuela was â¬5,219 $4,821. - ⦠The LatinFocus Consensus projects the economy to contract 11.0% in 2020, which is down 0.1 percentage points from last monthâs forecast. In 2021, the panel sees GDP shrinking 2.1%. 5 years of Venezuela economic forecasts for more than 30 economic indicators. $) % to World ⦠Current Venezuela Real GDP Per Capita is 13,708.98 USD. GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. Venezuela gdp ⦠2010: 3: Luxembourg: 110,742.30: 2018: 4: Norway: 92,077.58: 2018: 5: Switzerland: 79,214.35: 2018: 6: Ireland: 76,880.80: 2018: 7: Cayman Islands: 76,285.38: 2017: 8: Denmark: 63,873.46: 2018: 9: Qatar: 63,260.56: 2018: 10: Macao SAR, China: 58,641.63: 2018: 11: Singapore: 58,247.87: 2018: 12: Sweden: 57,921.38: 2018: 13: Australia: 56,842.30: 2018: 14: Netherlands: 55,022.92: 2018: 15: ⦠Label. GDP per capita of Venezuela (Bolivarian Republic of) fell gradually from 12,108.69 purchasing power parity; international dollars in 2001 to 5,178.27 purchasing power parity; international dollars in 2020. Venezuela remains highly dependent on oil revenues, which account for almost all export earnings and nearly half of the governmentâs revenue, despite a continued decline in oil production in 2017. Venezuela. With a decline of more than $40k, the GDP per capita of Macao SAR is down by 50% in 2020. Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Venezuela U.S.=100, Annual, Not Seasonally Adjusted 1950 to 2010 (2012-08-31) Output-side Real GDP at chained Purchasing Power Parities for Bolivarian Republic of Venezuela GDP per capita (constant 2010 US$) - Venezuela, RB from The World Bank: Data. Jun 06, 2021. Graph and download revisions to economic data for from 1960 to 2014 about Venezuela, per capita, real, and GDP. Venezuela: Inflation eases slightly in April. Adult literacy rate, population 15+ years, male (%) 95.0813369750977 (2015) Age dependency ratio. This video is devoted to Venezuela. Home > Gross Domestic Product (GDP) > Global GDP Database > Venezuela. Line Bar Map. [n 1] For rankings regarding wealth, see list of countries by wealth per ⦠In 1943, Standard Oil of New Jersey accepted a new agreement in Venezuela based on the 50â50 principle, described as "a landmark event". Last 12 readings. The GDP growth is 4.2% and we can see that from 2010 to 2011. Dollars 2016-07-22 2020-07-01 Frequency Annual Sign in. The Return of Inflation. Compared to the countries, Venezuela is actually better off from GDP to per capita GDP. In 2019, Venezuelaâs estimated gross domestic product (GDP) per capita dropped to 2,299 U.S. dollars from 3,404 U.S. dollars the year before. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. In the long-term, the Venezuela GDP Annual Growth Rate is projected to trend around -6.00 percent in 2022 and 4.00 percent in 2023, according to our econometric models. If we measure the countryâs wealth GDP per capita (constant 2010 US$) GDP per capita is gross domestic product divided by midyear population. Venezuela GDP - Historical Data; Year GDP Per Capita Growth; 2014: $482.36B: $16,054 ⦠May 09, 2021. Constant GDP per capita for the Bolivarian Republic of Venezuela. World Economics makes available of worldâs most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2020, building on the lifetimes work of Angus Maddison. As many of the above authors mention, the collapse suffered by Venezuela is so spectacular that its per capita Real Gross Domestic Product in 2003 (RGDP per capita 2003 = 6253) fell practically to 1960 levels (RGDP per capita 1960 = 6092). A Look at the Markets. Gross domestic product per capita, current prices Percent Change; 1980: 7861.7 : 1981: 8242.2: 4.84%: 1982: 8723.69: 5.84%: 1983: 7947.54-8.90%: 1984: 8427.86: 6.04%: 1985: 8531.86: 1.23%: 1986: 9122.18: 6.92%: 1987: 9556.72: 4.76%: 1988: 10280.42: 7.57%: 1989: 8977.07-12.68%: 1990: 9595.05: 6.88%: 1991: 10628.55: 10.77%: 1992: 11264.48: 5.98%: 1993: 11303.22: 0.34%: 1994: ⦠Venezuela (VEN) , GDP per capita (constant 2010 US$) indicators data for years 2014 to 2018 Register. Venezuela GDP (Gross Domestic Product) was INT$0.00billion for 2020 in PPP terms. 19481.7597212547 (2014) Aid received per capita. The latest value from is U.S. dollars. GDP per capita (inflation- and PPP-adjusted): World Bank data vs. Penn World Table data. Economy 2020. The GDP per Capita in Venezuela is equivalent to 111 percent of the world's average. The average value for Venezuela during that period was 13344.54 U.S. dollars with a minimum of 9830.74 U.S. dollars in 2003 and a maximum of 15739.38 U.S. dollars in 1977. This is lower than the long term average of 0.06%. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). the country's GDP has been on a ⦠Current Venezuela GDP Per Capita is 15,692.41 USD. AssetMacro Database holds data for the indicator Venezuela GDP per capita PPP since 1990. Last 12 readings. The description is composed by our digital data assistant. Venezuela Real GDP Per Capita chart, historic, and current data. Venezuela gdp per capita for 2014 was $16,054, a 28.88% increase from 2013. Venezuela gdp per capita for 2013 was $12,457, a 4.07% decline from 2012. Venezuela gdp per capita for 2012 was $12,986, a 18.53% increase from 2011. Venezuela gdp per capita for 2011 was $10,955, a 20.76% decline from 2010. GDP per capita (constant 2010 US$) World Bank national accounts data, and OECD National Accounts data files. 2010 U.S. GDP per capita in Venezuela relative to that of the United States from 1900 to 2016. For comparison, the world average in based on countries is 0.00 U.S. dollars. Venezuela gdp per capita for 2013 was $12,457, a 4.07% decline from 2012. Even more favorable terms were negotiated in 1945, after a coup brought to power a left-leaning government that included Juan Pablo Pérez Alfonso. Venezuela: GDP per capita, constant 2010 dollars: For that indicator, we provide data for Venezuela from 1960 to 2014. Country Report 2017 - Includes Venezuela real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. A Look at the Markets. 16 hours ago. Venezuela GDP Per Capita table by year, historic, and current data. GDP per capita in England. License : CC BY-4.0. Statistics and historical data on GDP growth rate, per capita PPP, constant prices. GDP per capita Maddison (2020) - line chart. 231 (2016) Agriculture value added per worker. GDP per capita is gross domestic product divided by midyear population. The GDP per capita of Venezuela in 2010 was â¬8,417 $11,158, â¬1,565 $1,600 higher than in 2009, it was â¬6,852 $9,558. GDP > Purchasing power parity per capita: $11,851.28 2010: 71st out of 181: GDP per capita: $12,728.73 2012: 49th out of 177 12,514 (international dollars) in 2017. Nations Facts describes Venezuela GDP, its GDP growth by year, and population. Venezuela GDP per Capita Growth is at -6.96%, compared to -5.20% last year.
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