Equatorial Guinea vs Venezuela: Wage bill as a percentage of GDP
Equatorial Guinea
2.1%
in 2022
Venezuela
1.4%
in 2022
Equatorial Guinea rank
187th
Venezuela rank
190th
Wage bill as a percentage of GDP over time
- Equatorial Guinea
- Venezuela
How they compare
Equatorial Guinea currently reports 2.1% against 1.4% in Venezuela, a difference of 0.7%.
That makes Equatorial Guinea's figure about 1.4 times Venezuela's.
The two have swapped places 1 time across 23 shared years of data; in 2000 it was Venezuela ahead.
Equatorial Guinea ranks 187th and Venezuela ranks 190th of 191 countries.
Across the 3 decades both report, Equatorial Guinea averaged higher in 1 and Venezuela in 2.
Head to head by decade
| Decade | Equatorial Guinea | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.1% | 4.4% | 3.3% | Venezuela |
| 2010s | 1.6% | 3.7% | 2.2% | Venezuela |
| 2020s | 2.8% | 0.7% | 2.0% | Equatorial Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher wage bill as a percentage of gdp, Equatorial Guinea or Venezuela?
- Equatorial Guinea, at 2.1% against 1.4% in Venezuela as of 2022.
- What is the difference in wage bill as a percentage of gdp between Equatorial Guinea and Venezuela?
- 0.7%, with Equatorial Guinea ahead.
- How many years of comparable data are there for Equatorial Guinea and Venezuela?
- 23 years are reported by both, from 2000 to 2022.
- How do Equatorial Guinea and Venezuela rank globally for wage bill as a percentage of gdp?
- Equatorial Guinea ranks 187th and Venezuela ranks 190th of 191 countries.
- Where does this data come from?
- The World Bank, published as Wage bill as a percentage of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.