GDP at purchasing power parity — all countries

GDP at purchasing power parity — Venezuela

GDP at purchasing power parity in Venezuela in 2011 — 621,138,359,437 int$. Ranked 30 in the world out of 201. Since 1990, the indicator has risen by 168.3%.

2011 621B int$ +6.27% vs 2010
World rank 30of 201
Period maximum 621B int$2011
Period minimum 231B int$1990

Trend over time

1990–2011 · international $

GDP at purchasing power parity — Venezuela, 1990–2011200B300B400B500B600B700B199019931996199920022005200820111990: 231,480,794,410 int$1991: 262,236,850,156 int$1992: 284,334,929,684 int$1993: 291,824,783,382 int$1994: 291,159,928,505 int$1995: 308,998,775,922 int$1996: 313,859,218,984 int$1997: 339,529,905,467 int$1998: 344,984,647,266 int$1999: 329,090,597,002 int$2000: 348,443,201,878 int$2001: 368,455,030,331 int$2002: 341,528,231,831 int$2003: 321,273,316,270 int$2004: 389,980,764,408 int$2005: 443,191,757,908 int$2006: 502,053,728,656 int$2007: 561,065,651,671 int$2008: 601,703,810,130 int$2009: 586,786,849,263 int$2010: 584,490,721,967 int$2011: 621,138,359,437 int$
Change over the period: +390B (+168.33%) Average annual rate: 4.81 %

Comparison, 2011

How the value compares with the world and the groups this territory belongs to: Venezuela

Venezuela 621B int$
World 96.62T int$
South America computed 5.94T int$
GDP at purchasing power parity — Venezuela, by year Venezuela All countries CSV XLSX
Year int$ Change Change, %
2011 621B +36.65B +6.27%
2010 584B −2.3B −0.39%
2009 587B −14.92B −2.48%
2008 602B +40.64B +7.24%
2007 561B +59.01B +11.75%
2006 502B +58.86B +13.28%
2005 443B +53.21B +13.64%
2004 390B +68.71B +21.39%
2003 321B −20.25B −5.93%
2002 342B −26.93B −7.31%
2001 368B +20.01B +5.74%
2000 348B +19.35B +5.88%
1999 329B −15.89B −4.61%
1998 345B +5.45B +1.61%
1997 340B +25.67B +8.18%
1996 314B +4.86B +1.57%
1995 309B +17.84B +6.13%
1994 291B −665M −0.23%
1993 292B +7.49B +2.63%
1992 284B +22.1B +8.43%
1991 262B +30.76B +13.29%
1990 231B

About the indicator

GDP converted at purchasing power parity into international dollars: one international dollar buys as much inside the country as one US dollar buys in the United States. The conversion removes the distortion from exchange rates and price levels, which is why developing economies look larger at PPP than they do in nominal terms.

Important: PPP conversion factors are estimated in the rounds of the International Comparison Program (ICP) and are revised retrospectively from time to time.

Source: World Development Indicators (World Bank), license CC BY 4.0.