Venezuela, RB — GDP (PPP)
GDP (PPP) for Venezuela, RB, 1990–2011.
GDP (PPP) for Venezuela, RB was 621.14 billion in 2011, according to the latest World Bank data. The series covers 22 years, from 1990 to 2011. The latest year is also the highest value on record for this series. The lowest was 231.48 billion in 1990 (about 2.7× the low point). Across that span the compound annual growth rate works out to 4.81% per year.
Venezuela, RB ranks 48 of 201 economies on this measure (1 = highest), putting it in the top 24%. The median for Latin America & Caribbean is 65.06 billion, so Venezuela, RB sits above it. Over the last decade (2001–2011) the figure moved up 69%. Within Latin America & Caribbean it ranks 7 of 39 economies; Dominican Republic (330.88 billion) is just below it. Its sharpest one-year move was up 21% in 2004. That is 28% above this series' own ten-year average.
Data highlights
From its 1990 level: doubled by 2006. Doubling roughly every 15 years at that pace.
World ranking. Slipped: 27th of 186 in 1990 → 28th of 194 in 2000 → 29th of 200 in 2010 → 30th of 200 in 2011.
Key figures
Full history — 1990 to 2011
| Year | current international $ | Change |
|---|---|---|
| 2011 | 621,138,359,437.13 | +6.3% |
| 2010 | 584,490,721,967.48 | -0.4% |
| 2009 | 586,786,849,263.39 | -2.5% |
| 2008 | 601,703,810,130.32 | +7.2% |
| 2007 | 561,065,651,671.39 | +11.8% |
| 2006 | 502,053,728,655.78 | +13.3% |
| 2005 | 443,191,757,908.48 | +13.6% |
| 2004 | 389,980,764,407.56 | +21.4% |
| 2003 | 321,273,316,270.08 | -5.9% |
| 2002 | 341,528,231,830.78 | -7.3% |
| 2001 | 368,455,030,331 | +5.7% |
| 2000 | 348,443,201,877.63 | +5.9% |
| 1999 | 329,090,597,001.72 | -4.6% |
| 1998 | 344,984,647,265.67 | +1.6% |
| 1997 | 339,529,905,467.22 | +8.2% |
| 1996 | 313,859,218,984.07 | +1.6% |
| 1995 | 308,998,775,922.17 | +6.1% |
| 1994 | 291,159,928,504.9 | -0.2% |
| 1993 | 291,824,783,382.31 | +2.6% |
| 1992 | 284,334,929,683.96 | +8.4% |
| 1991 | 262,236,850,155.78 | +13.3% |
| 1990 | 231,480,794,410.49 | — |
Frequently asked questions
What was Venezuela, RB’s GDP (PPP) in 1991?
262,236,850,155.78 (1991). The full year-by-year table above lists every published year, most recent first.
Are Venezuela, RB’s GDP (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 (PPP) growing or shrinking?
Between 1990 and 2011 the series was growing overall: +168.3% in total — about 4.8% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.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: 621,138,359,437.13; 2010: 584,490,721,967.48; 2009: 586,786,849,263.39; 2008: 601,703,810,130.32; 2007: 561,065,651,671.39. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.PP.CD — GDP (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.