Home/Countries/Venezuela/GNI per Capita, PPP (Current Intl $)

Venezuela—GNI per Capita, PPP (Current Intl $)

Category: EconomySource: World Bank World Development Indicators ↗Series years: 2000–2011
Latest Value
$20,840
2011
YoY Change
+3.8%
2010 → 2011
Maximum
$21,490
2008
Minimum
$12,140
2003
CAGR
+3.6%
12 years
Last
$20,840
Previous
$20,080
Highest
$21,490
Lowest
$12,140
Unit
current international dollars per person
Source
World Bank World Development Indicators

Venezuela's GNI per capita, PPP (current intl $) was $20,840 in 2011. This represents a +3.8% change from 2010. Over the past 12 years, the highest recorded value was $21,490 (2008) and the lowest was $12,140 (2003). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
2011$20,840+3.8%
2010$20,080-2.0%
2009$20,500-4.6%
2008$21,490+5.0%
2007$20,470+11.5%
2006$18,360+12.4%
2005$16,340+13.2%
2004$14,430+18.9%
2003$12,140-7.3%
2002$13,100-10.0%
2001$14,550+3.4%
2000$14,070

Top Countries — GNI per Capita, PPP (Current Intl $)

#CountryValueYear
1Singapore$135,7502025
2Qatar$126,2902025
3Macao$125,6302024
4Bermuda$122,5302024
5Norway$107,7702025
6Luxembourg$106,6402025
7Ireland$106,3102025
8Switzerland$101,6902025
9Brunei$95,4202025
10United States$89,4902025
View all 197 countries →

About This Indicator

Definition

This indicator provides values for gross national income (GNI) per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. The core indicator has been divided by the general population to achieve a per capita estimate. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.

Methodology

Original contributors: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/all_themes, publisher: Eurostat; The OECD PPP Programme, Organisation for Economic Co-operation and Development (OECD), uri: https://data-explorer.oecd.org/, publisher: OECD; Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF)

Unit

current international dollars per person

Source: World Bank (World Development Indicators)Available series: 2000–2011View original source →