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GNI at purchasing power parity — all countries

GNI at purchasing power parity — Venezuela

GNI at purchasing power parity in Venezuela in 2011 — 608,356,697,545 int$. Ranked 30 in the world out of 196. Since 1990, the indicator has risen by 166.3%.

2011 608B int$ +5.14% vs 2010
World rank 30of 196
Period maximum 608B int$2011
Period minimum 228B int$1990

Trend over time

1990–2011 · international $

GNI at purchasing power parity — Venezuela, 1990–2011200B300B400B500B600B700B199019931996199920022005200820111990: 228,476,026,802 int$1991: 259,845,341,700 int$1992: 277,636,513,847 int$1993: 285,029,345,439 int$1994: 283,509,734,385 int$1995: 302,674,642,926 int$1996: 307,602,104,205 int$1997: 331,586,521,595 int$1998: 337,298,868,751 int$1999: 325,079,063,059 int$2000: 345,064,516,486 int$2001: 363,494,419,116 int$2002: 333,288,314,762 int$2003: 314,421,623,318 int$2004: 380,117,042,885 int$2005: 437,729,008,154 int$2006: 499,816,059,746 int$2007: 565,892,356,680 int$2008: 602,758,619,644 int$2009: 582,922,153,228 int$2010: 578,612,441,634 int$2011: 608,356,697,545 int$
Change over the period: +380B (+166.27%) Average annual rate: 4.77 %

Comparison, 2011

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

Venezuela 608B int$
World 96.09T int$
Latin America & Caribbean 8.24T int$
South America computed 5.74T int$
GNI at purchasing power parity — Venezuela, by year Venezuela All countries CSV XLSX
Year int$ Change Change, %
2011 608B +29.74B +5.14%
2010 579B −4.31B −0.74%
2009 583B −19.84B −3.29%
2008 603B +36.87B +6.51%
2007 566B +66.08B +13.22%
2006 500B +62.09B +14.18%
2005 438B +57.61B +15.16%
2004 380B +65.7B +20.89%
2003 314B −18.87B −5.66%
2002 333B −30.21B −8.31%
2001 363B +18.43B +5.34%
2000 345B +19.99B +6.15%
1999 325B −12.22B −3.62%
1998 337B +5.71B +1.72%
1997 332B +23.98B +7.8%
1996 308B +4.93B +1.63%
1995 303B +19.16B +6.76%
1994 284B −1.52B −0.53%
1993 285B +7.39B +2.66%
1992 278B +17.79B +6.85%
1991 260B +31.37B +13.73%
1990 228B — —

South America, 2011

The same indicator for neighboring countries — with links to their pages

BR Brazil 2.89T AR Argentina 774B VE Venezuela 608B CO Colombia 507B CL Chile 319B PE Peru 284B EC Ecuador 147B BO Bolivia 65.99B PY Paraguay 63.62B UY Uruguay 61.6B GY Guyana 7.49B SR Suriname 7.29B
Full table for all countries

About the indicator

Gross national income in international dollars at purchasing power parity. Conversion at PPP changes the picture more than one might expect: for countries with low domestic prices income in international dollars comes out two or three times higher than at the market exchange rate, because the same sum buys more there. That is exactly why world rankings by nominal and by PPP income look different.

Important: International dollars, not current ones: they cannot be added to nominal GNI. PPP estimates rest on the rounds of the International Comparison Program, which are held once every few years, so they are revised after the fact.

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

Other indicators for Venezuela

Economy Gross national income

The income received by the residents of a country — including what is earned abroad, but without what foreigners earn inside it.

Venezuela by year Economy GNI per capita

Gross national income per person — the basis for classifying countries by income group.

Venezuela by year Economy GDP at purchasing power parity

The size of the economy in international dollars — adjusted for price differences between countries.

Venezuela by year Economy PPP conversion factor

How much local money it takes to buy what one dollar buys in the United States.

Venezuela by year
All indicators for Venezuela