India vs Venezuela: Wage bill as a percentage of GDP
India
1.0%
in 2022
Venezuela
1.4%
in 2022
India rank
191st
Venezuela rank
190th
Wage bill as a percentage of GDP over time
- India
- Venezuela
How they compare
Venezuela currently reports 1.4% against 1.0% in India, a difference of 0.4%.
That makes Venezuela's figure about 1.5 times India's.
The two have swapped places 2 times across 23 shared years of data; in 2000 it was Venezuela ahead.
India ranks 191st and Venezuela ranks 190th of 191 countries.
Across the 3 decades both report, India averaged higher in 1 and Venezuela in 2.
Head to head by decade
| Decade | India | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.2% | 4.4% | 3.3% | Venezuela |
| 2010s | 1.1% | 3.7% | 2.7% | Venezuela |
| 2020s | 1.0% | 0.7% | 0.3% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher wage bill as a percentage of gdp, India or Venezuela?
- Venezuela, at 1.4% against 1.0% in India as of 2022.
- What is the difference in wage bill as a percentage of gdp between India and Venezuela?
- 0.4%, with Venezuela ahead.
- How many years of comparable data are there for India and Venezuela?
- 23 years are reported by both, from 2000 to 2022.
- How do India and Venezuela rank globally for wage bill as a percentage of gdp?
- India ranks 191st 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.