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PPP conversion factor — all countries

PPP conversion factor — Venezuela

PPP conversion factor in Venezuela in 2011 — 0 per int$. Ranked 204 in the world out of 204. Since 1990, the indicator has risen by 22,095.7%.

2011 0 per int$ +25.62% vs 2010
World rank 204of 204
Period maximum 0 per int$2011
Period minimum 0 per int$1990

Trend over time

1990–2011 · local units per international $

PPP conversion factor — Venezuela, 1990–20110000199019931996199920022005200820111990: 0 per int$1991: 0 per int$1992: 0 per int$1993: 0 per int$1994: 0 per int$1995: 0 per int$1996: 0 per int$1997: 0 per int$1998: 0 per int$1999: 0 per int$2000: 0 per int$2001: 0 per int$2002: 0 per int$2003: 0 per int$2004: 0 per int$2005: 0 per int$2006: 0 per int$2007: 0 per int$2008: 0 per int$2009: 0 per int$2010: 0 per int$2011: 0 per int$
Change over the period: +0 (+22,095.67%) Average annual rate: 29.34 %
PPP conversion factor — Venezuela, by year Venezuela All countries CSV XLSX
Year per int$ Change Change, %
2011 0 +0 +25.62%
2010 0 +0 +44.34%
2009 0 +0 +7.03%
2008 0 +0 +27.75%
2007 0 +0 +12.35%
2006 0 +0 +14.36%
2005 0 +0 +25.81%
2004 0 +0 +30.53%
2003 0 +0 +32.32%
2002 0 +0 +30.8%
2001 0 +0 +5.6%
2000 0 +0 +26.77%
1999 0 +0 +24.39%
1998 0 +0 +17.35%
1997 0 +0 +31.71%
1996 0 +0 +111.77%
1995 0 +0 +48.65%
1994 0 +0 +59.43%
1993 0 +0 +28.62%
1992 0 +0 +25.45%
1991 0 +0 +17.64%
1990 0 — —

South America, 2011

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

PY Paraguay 2,126.67 CO Colombia 1,168.243 CL Chile 348.017 GY Guyana 100.269 UY Uruguay 15.274 BO Bolivia 2.981 AR Argentina 2.733 SR Suriname 1.866 PE Peru 1.543 BR Brazil 1.473 EC Ecuador 0.528 VE Venezuela 0
Full table for all countries

About the indicator

The number of units of national currency that buys the same set of goods and services inside the country as one dollar buys in the United States. Set against the market exchange rate it gives a measure of how far a currency is undervalued or overvalued: if the PPP factor is half the exchange rate, domestic prices are half the American ones, and any income in that country is worth twice what conversion at the exchange rate shows.

Important: There are no aggregates for country groups: the quantity is expressed in different currencies, and averaging it across countries is meaningless. Its ratio to the market exchange rate is the very adjustment from which all PPP indicators follow.

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

Other indicators for Venezuela

Finance Exchange rate to the US dollar

The average annual official exchange rate of the national currency per one US dollar.

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 GNI at purchasing power parity

The income of a country's residents converted by purchasing power rather than by the exchange rate.

Venezuela by year Economy GDP per capita at PPP

The soundest measure of living standards: income per person adjusted for prices.

Venezuela by year
All indicators for Venezuela