Somalia vs Venezuela: Natural resource rents
Somalia
11.24
in 2021
Venezuela
11.85
in 2014
Somalia rank
46th
Venezuela rank
43rd
Natural resource rents over time
- Somalia
- Venezuela
How they compare
Venezuela currently reports 11.85 against 11.24 in Somalia, a difference of 0.61.
That makes Venezuela's figure about 1.1 times Somalia's.
The two have swapped places 5 times across 23 shared years of data; in 1970 it was Venezuela ahead.
Somalia ranks 46th and Venezuela ranks 43rd of 211 countries.
Across the 4 decades both report, Somalia averaged higher in 1 and Venezuela in 3.
Head to head by decade
| Decade | Somalia | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.44 | 18.12 | 10.68 | Venezuela |
| 1980s | 10.8 | 17.96 | 7.16 | Venezuela |
| 1990s | 13.49 | 29.25 | 15.77 | Venezuela |
| 2010s | 18.05 | 14.74 | 3.32 | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher natural resource rents, Somalia or Venezuela?
- Venezuela, at 11.85 against 11.24 in Somalia as of 2014.
- What is the difference in natural resource rents between Somalia and Venezuela?
- 0.61, with Venezuela ahead.
- How many years of comparable data are there for Somalia and Venezuela?
- 23 years are reported by both, from 1970 to 2014.
- How do Somalia and Venezuela rank globally for natural resource rents?
- Somalia ranks 46th and Venezuela ranks 43rd of 211 countries.
- Where does this data come from?
- Our World in Data, published as Natural resource rents. Statizoid refreshes it automatically from the source and publishes the full history for both places.