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. Venezuela: GDP per capita, current U.S. dollars, 1960 - 2014: For that indicator, we provide data for Venezuela from 1960 to 2014. The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. License: All the material produced by Our World in Data, including interactive visualizations and code, are completely open access under the Creative Commons BY license.You have the permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. Direct access to our calendar releases and historical data. 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. Taiwan is the richest Among 29 gainers. Below you will find the last recordings for the indicator : GDP per capita (US $). Nations Facts describes Venezuela GDP, its GDP growth by year, and population. GDP per capita is gross domestic product divided by midyear population. The International Monetary Fund provides Mid-Year Population. In 1959, the Venezuelan GDP per capita was 10 percent higher than America’s. Venezuela GDP Per Capita data is updated yearly, available from Dec 1960 to Dec 2017, with an average number of 3,262.854 USD. GDP per capita growth (annual %) - Venezuela, RB from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Full and unlimited access to CEIC data for multiple users. Top Losers in 2020: Out of 193 economies, gdp (nominal) per capita 164 economies have decreased in 2020 compared to 2019. Data from World bank and The World Factbook includes gdp per capita and year estimated for. - … (Cuba does not appear in this IMF report.) Venezuela gni per capita for 2013 was $11,970, a 5.82% decline from 2012. GDP per capita in Venezuela decreased to 14025 USD in 2014. With a decline of more than $40k, the GDP per capita of Macao SAR is down by 50% in 2020. For Nominal GDP contributions, Investment accounted for -3.7 % in Dec 2017. Venezuela: GDP per capita. Changes in gdp per capita and their respective ranking of economies in 2020. The data reached an all-time high of 684,960.377 USD in Dec 2017 and a record low of 864.472 in Dec 1964. Includes GDP per Capita on 116 economies standardised by CEIC. Latest; About; Donate; All charts; Sustainable Development Goals Tracker; Coronavirus pandemic: daily updated research and data. Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Venezuela U.S.=100, Annual, Not Seasonally Adjusted 1950 to 2010 (2012-09-17) Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Venezuela 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. (source: Human Progress) As of June 2018, about 2.3 million people had emigrated from Venezuela following its economic collapse, or 13 percent of its population. Public Consumption accounted for 9.0 % in Dec 2017. Instant access to full history data in excel. Venezuela gni per capita for 2012 was $12,710, a 6.09% increase from 2011. GDP (nominal) per capita of 193 countries as of 2019 and 2020 by IMF. Publish your articles and forecasts in our website. World Bank national accounts data, and OECD National Accounts data files. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Venezuela GDP (Gross Domestic Product) was INT$179.60billion for 2019 in PPP terms. (Source: The Panam Post) When Hugo Chavez came to power in 1999, the Venezuelan GDP per capita was 27 percent higher than the average in Latin … The average value for Venezuela during that period was 4140.99 U.S. dollars with a minimum of 864.47 U.S. dollars in 1964 and a maximum of 16054.49 U.S. dollars in 2014. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP per capita (current US$) - Venezuela, RB. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. Venezuela: GDP per capita. Usd: Bruttoanlageinvestitionen 347.00: 539.00: … source: World Bank If you decline, your information won’t be tracked when you visit this website. This video is devoted to Venezuela. GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. The Central Bank of Venezuela provides Nominal GDP in local currency. Venezuela - GDP per capita (U.S. The maximum level was 15739 USD and minimum was 9831 USD. © 2021 CEIC Data, an ISI Emerging Markets Group Company. Interesting observations about Economy > GDP per capita in 1950. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. All rights reserved, Unlimited access tailored to your data needs. Venezuela GDP - per capita (PPP) GDP - per capita (PPP): $12,500 (2017 est.) Venezuela’s economic freedom score is 24.7, making its economy the 177th freest in the 2021 Index. Its GDP deflator (implicit price deflator) increased 748.056 % in Dec 2017. Venezuela Nominal GDP reached 20,139.534 USD bn in Dec 2017. (see Data FAQs) Source: IMF World Economic Outlook Database Even more favorable terms were negotiated in 1945, after a coup brought to power a left-leaning government that included Juan Pablo Pérez Alfonso. Values are given in USDs and have not been adjusted for inflation. Venezuela GDP Per Capita data is updated yearly, available from Dec 1960 to Dec 2017, with an average number of 3,262.854 USD. The country was 2x richer than Chile, 4x richer than Japan, and 12x richer than China! Includes 193 key indicators for Venezuela, curated by CEIC analysts. The latest comprehensive information for - Venezuela GDP per capita - including latest news, historical data table, charts and more. GDP Per Capita in Venezuela reached 684,960.4 USD in Dec 2017. Federal Reserve Board average market exchange rate is used for currency conversions. Venezuela GDP Per Capita reached 684,960.377 USD in Dec 2017, compared with 101,700.215 USD in Dec 2016. Read more. Gross Savings Rate of Venezuela was measured at -17.807 % in Dec 2017. Venezuela: GDP per capita, current U.S. dollars: For that indicator, we provide data for Venezuela from 1960 to 2014. Instant access to full history data in excel. This page provides - Venezuela GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. A single cookie will be used in your browser to remember your preference not to be tracked. By 1950, as the rest of the world was struggling to recover from World War II, Venezuela had the fourth-richest GDP per capita on Earth. Posted on 06 Apr 2011. The average value for Venezuela during that period was 4140.99 U.S. dollars with a minimum of 864.47 U.S. dollars in 1964 and a maximum of 16054.49 U.S. dollars in 2014. 0. maddison's data is pretty close to this data. GDP per capita > PPP > Constant 2000 international $: GDP per capita based on purchasing power parity (PPP). Venezuela. GDP per Capita prior to 1997 is sourced from the World Bank.In the latest reports, Venezuela GDP contracted 26.791 % YoY in Mar 2019. Venezuela's GDP Per Capita reached 684,960.377 USD in Dec 2017, compared with 101,700.215 USD in Dec 2016. Venezuela: $7,424.00 1950: 5: Australia: $7,218.00 1950: 6: Canada: $7,047.00 1950: 7: Sweden : $6,738.00 1950: 8: Denmark: $6,683.00 ... Economy > GDP per capita in 1950: Countries Compared Map. Its GDP deflator (implicit price deflator) increased 748.1 % in Dec 2017. Venezuela gni per capita for 2011 was $11,980, a 1.44% increase from 2010. The latest comprehensive information for - Venezuela GDP per capita PPP - including latest news, historical data table, charts and more. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. National accounts > US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. These cookies are used to collect information about how you interact with our website and allow us to remember you. The lowest data : 1989 is the lowest year for the indicator : GDP per capita (US $). We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. Venezuela GDP Per Capita chart, historic, and current data. The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. Find Out Data published Yearly by World Bank. In 1943, Standard Oil of New Jersey accepted a new agreement in Venezuela based on the 50–50 principle, described as "a landmark event". Articles by topic. 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. Venezuela has the least expensive petrol in the world because the consumer price of petrol is heavily subsidized. Statistics and historical data on GDP growth rate, per capita PPP, constant prices. Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors. There is no data available for your selected dates. GDP per capita Clio Infra (1500 to 2010) GDP per capita Maddison Project Database 2020 (map) GDP per capita Maddison (2020) - line chart; GDP per capita (inflation- and PPP-adjusted): World Bank data vs. Penn World Table data; GDP per capita from the World Bank vs. GDP per capita from the Maddison Project ; GDP per capita in England 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. Venezuela's … The latest value from is U.S. dollars. Venezuela … Consolidated Fiscal Balance: % of GDP (%), Forecast: Government Expenditure (VES bn), Exports: Medicinal and Pharmaceutical Product (USD th), Imports: Medicinal and Pharmaceutical Product (USD th), Exports: ytd: Electrical Equipment (USD mn), Imports: ytd: Agricultural (Vegetal) (USD mn), Imports: ytd: Food, Beverages and Tobacco (USD mn), Imports: ytd: Plastic and Manufacturing Product (USD mn), Foreign Portfolio Investment: Equity Securities (USD mn), Foreign Portfolio Investment: % of GDP (%), Foreign Portfolio Investment: Debt Securities (USD mn), Forecast: Current Account Balance (USD bn), Net International Investment Position (USD mn), Balance of Payments: Financial Account: Portfolio Investment: Liabilities (USD mn), Balance of Payments: Capital Account (USD mn), Balance of Payments: Current Account: Goods (USD mn), Balance of Payments: Current Account: Income (USD mn), Balance of Payments: Financial Account (USD mn), Balance of Payments: Financial Account: Direct Investment (USD mn), Balance of Payments: Financial Account: Portfolio Investment (USD mn), Balance of Payments: Financial Account: Portfolio Investment: Assets (USD mn), Balance of Payments: Financial Account: Other Investment (USD mn), Balance of Payments: Net Errors and Omissions (USD mn), Balance of Payments: Reserves: Assets (USD mn), Balance of Payments: Current Account: Services (USD mn), International Investment Position (IIP) (USD mn), Foreign Exchange Reserves: Months of Import (NA), Gross Domestic Product: by Expenditure: Annual, SNA 1993: Household Final Consumption Expenditure, Gross Domestic Product: Annual Growth Rate, Gross Domestic Product: Deflator and Volume Index: Annual, Gross Domestic Product: Purchasing Power Parity, SNA 1968: Household Final Consumption Expenditure. The result is: 10,513 $ US. Suitable for enterprise usage. Population, GDP, life expectancy, birth rate and other key metrics for Venezuela. Available via annual subscription to one or more of CEIC’s global and premium databases. venezuela gdp-per-capita, venezuela forecasts - daten - wirtschafts-indikatoren Übersicht BIP Download limits apply. Per capita GDP for 2016 was estimated to be US$15,100, ranking 109th in the world. This website stores cookies on your computer. GDP per capita growth (annual %) - Venezuela, RB. Our World in Data. The highest data : 2008 is the highest year for the indicator : GDP per capita (US $). Public Consumption accounted for 9.0 % in Dec 2017. The private sector controls two-thirds of Venezuela's economy. Federal Reserve Board average market exchange rate is used for currency conversions. In 2008, Venezuela’s GDP per capita was roughly the same as Chile’s, but this year Chile’s GDP per capita is more than 6 times greater than Venezuela’s ($15,400 vs. $2,548). Venezuela GDP Value was 482 USD Billion in 2021. Early on, Venezuela’s oil was a game-changer. Download historical data for 20 million indicators using your browser. Venezuela Coronavirus Deaths at 1720.00 Persons, Venezuela Coronavirus Cases at 171373.00 Persons, 90 day Deposit Rate in Venezuela at 36.00 percent, Venezuela Money Supply M1 at 814555530.10 VEF Million, Venezuela Money Supply M0 at 525551780.56 VEF Million, Venezuela Money Supply M2 at 816259183.51 VEF Million, Venezuela Money Supply M3 at 816259183.51 VEF Million, Venezuela Coronavirus Recovered at 154023.00 Persons, Bovespa Ends Lower, But Still Up for The Week, Costa Rica Inflation Rate Rises to 0.47% in March, Ukraine Inflation Rate Jumps to 1-1/2-Year High of 8.5%, Mozambique Inflation Rate at Over 3-Year High, Senegal February Inflation Rate Eases to 1.2% in March, Belgium Industrial Output Growth Flattens in February, Slovenia Industrial Output Falls 1.3% YoY in February. The economy contracted 26.8% in year-on-year terms in the first quarter of the year—the latest period for … The Gross Domestic Product per capita in Venezuela was last recorded at 14025.36 US dollars in 2014. GDP per capita of all the top 31 ranked economies declined in 2020. The analysed country is : Venezuela Payable monthly by credit card. Entry level access to the CEIC platform for individual users. 4. … The latest comprehensive information for - Venezuela GDP per capita - including latest news, historical data table, charts and more. $14,400 (2016 est.) Its Gross Savings Rate was measured at -17.8 % in Dec 2017. Structure of Venezuela GDP: from agriculture, manufacturing, mining and … Venezuela gni per capita for 2014 was $13,080, a 9.27% increase from 2013. The per capita income of Haiti in 2021 will be 1,938 dollars, according to the IMF, and the same indicator for Venezuela will be 1,541 dollars. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. The GDP per Capita in Venezuela is equivalent to 111 percent of the world's average. The Trading Economics Application Programming Interface (API) provides direct access to our data. The maximum level was 15739 USD and minimum was 9831 USD. Its Gross Savings Rate was measured at -17.8 % in Dec 2017. Venezuela’s economic freedom score is 24.7, making its economy the 177th freest in the 2021 Index. For Nominal GDP contributions, Investment accounted for -3.7 % in Dec 2017. Current Venezuela GDP Per Capita is 15,692.41 USD. Venezuela BIP Letzte Zuletzt Höchste Unterste Einheit; BIP Veränderung zum Vorjahr -26.80-20.20: 36.10-26.80: Percent: BIP 482.36: 371.01: 482.36: 7.78: Mrd. World Bank national accounts data, and OECD National Accounts data files. GDP Per Capita in Venezuela reached 684,960.4 USD in Dec 2017. What is Venezuela GDP per capita? Dollars) New Central Bank data reveals the crisis is only worsening. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Dollars) New Central Bank data reveals the crisis is only worsening. The result is: 2,378 $ US. Venezuela gdp per capita for 2014 was $16,054, a 28.88% increase from 2013. Venezuela (Bolivarian Republic of) GDP per capita was at level of 1,739 US dollars in 2020, down from 2,299 US dollars previous year, this is a change of 24.36%. Venezuela Gross Domestic Product (GDP) Per Capita reached 684,960.377 USD in Dec 2017, compared with 101,700.215 USD in Dec 2016. In that dataset, the UK would have been 7th in 1950. CEIC calculates GDP per Capita from annual Nominal GDP and annual Population and converts it into USD. GDP Annual Growth Rate in Venezuela averaged 1.62 percent from 1998 until 2017, reaching an all time high of 36.10 percent in the first quarter of 2004 and a record low of -26.70 percent in the first quarter of 2003. The statistic shows the growth in real GDP in Venezuela from between 2012 to 2018, with projections up until 2022. 1960-2014 Data | 2020-2021 Forecast | Historical | Chart. This is an alphabetical list of countries by past and projected gross domestic product per capita, based on official exchange rates, not on the purchasing power parity (PPP) methodology. To find out more about the cookies we use, see our Cookies Policy. Venezuela - GDP per capita (U.S.

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