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Venezuela, RB — GDP per capita (PPP)
GDP per Capita (PPP) for Venezuela, RB, 1990–2011.
Latest value · 2011
21,283
GDP per Capita (PPP) · current international $ · +82.3% since 1990
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%.
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 years
| Year | current international $ |
|---|---|
| 2011 | 21,282.64 |
| 2010 | 20,285.59 |
| 2009 | 20,633.68 |
| 2008 | 21,448.29 |
| 2007 | 20,292.17 |
| 2006 | 18,441.12 |
| 2005 | 16,545.77 |
| 2004 | 14,805.18 |
| 2003 | 12,407.87 |
| 2002 | 13,427.14 |
| 2001 | 14,750.05 |
| 2000 | 14,206.68 |
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.
Related data
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.