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Venezuela, RB — GDP per capita (PPP)

Also known as GDP per person at PPP, PPP income per person, GDP per head adjusted for purchasing power.

GDP per Capita (PPP) for Venezuela, RB, 1990–2011.

Latest value · 2011
21,283
GDP per Capita (PPP) · current international $ · +82.3% since 1990
Free for any use — attribution is the link itself.

GDP per capita (PPP) for Venezuela, RB was 21,283 in 2011, according to the latest World Bank data. The series covers 22 years, from 1990 to 2011. The highest recorded value was 21,448 in 2008. The lowest was 11,675 in 1990 (about 1.8× the low point). Across that span the compound annual growth rate works out to 2.90% per year.

Venezuela, RB ranks 102 of 201 economies on this measure (1 = highest), putting it in the top 51%. The median for Latin America & Caribbean is 25,894, so Venezuela, RB sits below it. It peaked in 2008 and has fallen 1% since. Over the last decade (2001–2011) the figure moved up 44%. Within Latin America & Caribbean it ranks 28 of 39 economies; Paraguay (20,181) is just below it. Its sharpest one-year move was up 19% in 2004. That is 20% above this series' own ten-year average.

Data highlights

Doubling roughly every 24 years at that pace.

World ranking. Slipped: 49th of 186 in 1990 → 53rd of 194 in 2000 → 63rd of 200 in 2010 → 65th of 200 in 2011.

Adjacent in the latest world ranking (102 of 201): Grenada (#101) · Mongolia (#103).

Key figures

Latest (2011)
21,283
First (1990)
11,675
Change
+82.3%
Highest
21,448
in 2008
Lowest
11,675
in 1990
Average
15,667
Annual growth (CAGR)
2.90%
Years of data
22

Recent published years. 2011 — 21,282.64 · 2010 — 20,285.59 · 2009 — 20,633.68 · 2008 — 21,448.29 · 2007 — 20,292.17.

Full history — 1990 to 2011

All 22 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Venezuela, RB — GDP per capita (PPP)
Yearcurrent international $Change
201121,282.64+4.9%
201020,285.59-1.7%
200920,633.68-3.8%
200821,448.29+5.7%
200720,292.17+10.0%
200618,441.12+11.5%
200516,545.77+11.8%
200414,805.18+19.3%
200312,407.87-7.6%
200213,427.14-9.0%
200114,750.05+3.8%
200014,206.68+3.9%
199913,674.17-6.5%
199814,617.17-0.4%
199714,678.13+6.0%
199613,849.51-0.5%
199513,922.74+3.9%
199413,401.95-2.4%
199313,730.01+0.3%
199213,682.48+5.9%
199112,914.96+10.6%
199011,675.02—
Reading this correctly. GDP per capita adjusted for purchasing power parity. More meaningful than the nominal figure when comparing actual living standards across countries with very different price levels. Figures are in current international $. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was Venezuela, RB’s GDP per capita (PPP) in 1991?

12,914.96 (1991). The full year-by-year table above lists every published year, most recent first.

Are Venezuela, RB’s GDP per capita (PPP) figures nominal or inflation-adjusted?

They are exactly as the World Bank publishes them — current international $ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.

Is Venezuela, RB’s GDP per capita (PPP) growing or shrinking?

Between 1990 and 2011 the series was growing overall: +82.3% in total — about 2.9% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.PCAP.PP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2011: 21,282.64; 2010: 20,285.59; 2009: 20,633.68; 2008: 21,448.29; 2007: 20,292.17. Earlier years are in the full-history table below.

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<iframe src="https://metrikatlas.com/embed/venezuela-rb/gdp-per-capita-ppp/" width="600" height="360" style="border:0" loading="lazy" title="Venezuela, RB — GDP per capita (PPP)"></iframe>Free to use with attribution — the link back is the attribution.
Source. World Bank Open Data, indicator NY.GDP.PCAP.PP.CD — GDP per Capita (PPP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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