Africa's Development: National wealth National wealth, natural … 29 in Venezuela
Venezuela: Africa's Development: National wealth National wealth, natural … 29 was 704.11 US dollar in 2018. ▲ Rising
Africa's Development Dynamics (AfDD) Table 29 - National wealth in Venezuela, 2000–2018
Source: Organisation for Economic Co-operation and Development. Measured in US dollar.
Analysis
Venezuela recorded 704.11 US dollar for africa's development dynamics (afdd) table 29 - national wealth in 2018. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 10.7% on the previous year and down 48.4% over ten years.
Over the whole period, africa's development dynamics (afdd) table 29 - national wealth in Venezuela peaked at 1,363 US dollar in 2008 and was at its lowest, 704.11 US dollar, in 2018.
That places Venezuela 18th out of 162 countries with data for 2018, putting it in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Africa's Development: National wealth National wealth, natural … 29 in Venezuela, year by year
| Year | US dollar | Change |
|---|---|---|
| 2000 | 795.42 US dollar | — |
| 2001 | 741.88 US dollar | -6.7% |
| 2002 | 718.62 US dollar | -3.1% |
| 2003 | 795.55 US dollar | +10.7% |
| 2004 | 902.05 US dollar | +13.4% |
| 2005 | 1,003 US dollar | +11.2% |
| 2006 | 1,163 US dollar | +16.0% |
| 2007 | 1,272 US dollar | +9.4% |
| 2008 | 1,363 US dollar | +7.2% |
| 2009 | 1,262 US dollar | -7.5% |
| 2010 | 1,120 US dollar | -11.2% |
| 2011 | 1,092 US dollar | -2.5% |
| 2012 | 1,053 US dollar | -3.6% |
| 2013 | 999.98 US dollar | -5.0% |
| 2014 | 1,010 US dollar | +1.0% |
| 2015 | 1,056 US dollar | +4.6% |
| 2016 | 882.98 US dollar | -16.4% |
| 2017 | 788.23 US dollar | -10.7% |
| 2018 | 704.11 US dollar | -10.7% |
Venezuela compared with similar countries
- Venezuela's 704.11 US dollar is above the median for lower middle income countries, which is 76.31 US dollar, 9.2× the median. (41 countries reporting)
- Venezuela's 704.11 US dollar is above the median for Latin America & Caribbean, which is 39.44 US dollar, 17.9× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,002 US dollar | 718.62 US dollar | 1,363 US dollar | 10 |
| 2010s | 967.42 US dollar | 704.11 US dollar | 1,120 US dollar | 9 |
Countries ranked near Venezuela
- 15 Mexico 908.99 US dollar compare
- 15 Ethiopia 196.79 US dollar compare
- 16 Qatar 850.3 US dollar compare
- 17 Madagascar 66.66 US dollar compare
- 17 Nigeria 842.58 US dollar compare
- 18 Equatorial Guinea 51.91 US dollar compare
- 19 Algeria 663.16 US dollar compare
- 19 Croatia 35.59 US dollar compare
- 20 Kazakhstan 599.04 US dollar compare
- 21 Mauritania 24.25 US dollar compare
- 21 Argentina 565.86 US dollar compare
More reference data data for Venezuela
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 6.85 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.29 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2667 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.29 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.49 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.91 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 38.02 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 53.46 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.45 (2050)
Frequently asked questions
- What is africa's development dynamics (afdd) table 29 - national wealth in Venezuela?
- Africa's development dynamics (afdd) table 29 - national wealth in Venezuela was 704.11 US dollar in 2018, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 29 - national wealth recorded in Venezuela?
- The highest recorded value was 1,363 US dollar in 2008.
- What is the lowest africa's development dynamics (afdd) table 29 - national wealth recorded in Venezuela?
- The lowest recorded value was 704.11 US dollar in 2018.
- How does Venezuela rank for africa's development dynamics (afdd) table 29 - national wealth?
- Venezuela ranks 18th out of 162 countries with data for 2018.
- Is africa's development dynamics (afdd) table 29 - national wealth rising or falling in Venezuela?
- Over the last ten years it is down 48.4%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 29 - National wealth — National wealth, natural capital. Statizoid updates them automatically from the source API.
Download this data
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 29 shows estimates of total national wealth, taking into account produced capital, human capital, and natural resources. These estimates were calculated in the World Bank publication The Changing Wealth of Nations 2021.