Area per tonne oil in Venezuela

Venezuela: Area per tonne oil was 1.71 in 2023. ▼ Falling

Latest (2023)
1.71
Change on year
up 14.8%
World rank
48th
of 59 countries
All-time high
5.48
in 1980
All-time low
1.28
in 2019
Years of data
52
1970–2023

Area per tonne oil in Venezuela, 1970–2023

12345197019962023

Source: Our World in Data.

Analysis

The most recent figure for area per tonne oil in Venezuela is 1.71, measured in 2023.

That represents a change of up 14.8% on the previous year and up 31.7% over ten years.

Over the whole period, area per tonne oil in Venezuela peaked at 5.48 in 1980 and was at its lowest, 1.28, in 2019.

That places Venezuela 48th out of 59 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 52 years of available data.

Area per tonne oil in Venezuela, year by year

Annual values for Area per tonne oil in Venezuela, 1970 to 2023.
Year Value Change
1970 1.92 —
1972 1.92 +0.2%
1973 1.8 -6.3%
1974 1.78 -0.9%
1976 1.77 -0.4%
1977 1.72 -2.9%
1978 1.74 +0.7%
1979 1.75 +0.9%
1980 5.48 +213.1%
1981 3.18 -42.0%
1982 2.24 -29.5%
1983 2.87 +28.1%
1984 5.03 +75.2%
1985 3.59 -28.6%
1986 2.03 -43.4%
1987 1.73 -14.8%
1988 2.15 +24.3%
1989 2.31 +7.3%
1990 2.36 +2.2%
1991 2.51 +6.4%
1992 2.26 -10.2%
1993 2.49 +10.2%
1994 2.56 +3.2%
1995 2.84 +10.8%
1996 2.83 -0.4%
1997 3.37 +18.9%
1998 3.1 -7.9%
1999 3.31 +6.6%
2000 3.43 +3.8%
2001 3.45 +0.6%
2002 1.97 -42.9%
2003 1.67 -15.2%
2004 1.69 +1.4%
2005 1.64 -3.3%
2006 1.53 -6.7%
2007 1.56 +2.2%
2008 1.42 -9.1%
2009 1.96 +38.0%
2010 2.12 +7.9%
2011 1.63 -22.9%
2012 1.3 -20.2%
2013 1.29 -0.6%
2014 1.63 +25.6%
2015 1.92 +18.1%
2016 1.9 -0.8%
2017 2.02 +6.3%
2018 2.12 +4.7%
2019 1.28 -39.4%
2020 1.62 +26.1%
2021 1.59 -1.7%
2022 1.49 -6.5%
2023 1.71 +14.8%

Venezuela compared with similar countries

  • Venezuela's 1.71 is below the median for lower middle income countries, which is 5.2, 33% of the median. (22 countries reporting)
  • Venezuela's 1.71 is below the median for Latin America & Caribbean, which is 4.71, 36% of the median. (21 countries reporting)

Biggest year-on-year movements

Years where Area per tonne oil in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1980 +213.1% 1.75 5.48
1984 +75.2% 2.87 5.03

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.8 1.72 1.92 8
1980s 3.06 1.73 5.48 10
1990s 2.76 2.26 3.37 10
2000s 2.03 1.42 3.45 10
2010s 1.72 1.28 2.12 10
2020s 1.6 1.49 1.71 4

Countries ranked near Venezuela

  1. 45 Guinea-Bissau 2.27 compare
  2. 46 Togo 2.15 compare
  3. 47 El Salvador 2.08 compare
  4. 49 Jamaica 1.67 compare
  5. 50 Ecuador 1.66 compare
  6. 51 Cambodia 1.63 compare

See the full ranking of 59 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is area per tonne oil in Venezuela?
Area per tonne oil in Venezuela was 1.71 in 2023, according to Our World in Data.
What is the highest area per tonne oil recorded in Venezuela?
The highest recorded value was 5.48 in 1980.
What is the lowest area per tonne oil recorded in Venezuela?
The lowest recorded value was 1.28 in 2019.
How does Venezuela rank for area per tonne oil?
Venezuela ranks 48th out of 59 countries with data for 2023.
Is area per tonne oil rising or falling in Venezuela?
Over the last ten years it is up 31.7%. The long-run trend across the full record is falling.
Where does this Venezuela data come from?
The figures come from Our World in Data, published as part of Area per tonne oil. Statizoid updates them automatically from the source API.

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Area per tonne oil in Venezuela. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/area-per-tonne-oil/venezuela-rb/

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About this data

Indicator
Area per tonne oil
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
59 places, 2,960 data points, 1961–2023
Last refreshed