Classification of household consumption in Venezuela
Venezuela: Classification of household consumption was 0 in 2023. ◆ Volatile
Classification of household consumption in Venezuela, 2016–2023
Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
Analysis
In 2023, classification of household consumption in Venezuela stood at 0. That is the lowest value across all 8 years on record.
That represents a change of down 100.0% over ten years.
Venezuela ranks 176th of 191 countries on this measure, in the bottom quarter.
Classification of household consumption in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2016 | 1 | — |
| 2017 | 1 | +0.0% |
| 2018 | 1 | +0.0% |
| 2019 | 1 | +0.0% |
| 2020 | 1 | +0.0% |
| 2021 | 0 | -100.0% |
| 2022 | 0 | — |
| 2023 | 0 | — |
Venezuela compared with similar countries
- Venezuela's 0 is below the median for lower middle income countries, which is 1. (47 countries reporting)
- Venezuela's 0 is below the median for Latin America & Caribbean, which is 1. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1 | 1 | 1 | 4 |
| 2020s | 0.25 | 0 | 1 | 4 |
Countries ranked near Venezuela
More reference data data for Venezuela
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.29 (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) - Manure applied to Soils 1.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2667 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Crop Residues 384.74 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 1,190 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 14,168 (2050)
- Emission Totals - Direct emissions (N2O) - Manure left on Pasture 31.16 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 51.45 (2050)
Frequently asked questions
- What is classification of household consumption in Venezuela?
- Classification of household consumption in Venezuela was 0 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
- What is the highest classification of household consumption recorded in Venezuela?
- The highest recorded value was 1 in 2016.
- What is the lowest classification of household consumption recorded in Venezuela?
- The lowest recorded value was 0 in 2021.
- How does Venezuela rank for classification of household consumption?
- Venezuela ranks 176th out of 191 countries with data for 2023.
- Is classification of household consumption rising or falling in Venezuela?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of Classification of household consumption. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Classification of Individual Consumption According to Purpose (COICOP) is used in household budget surveys, consumer price indices and international comparisons of gross domestic product (GDP) and its component expenditures. Although COICOP is not strictly linked to any particular model of consumer behavior, the classification is designed to broadly reflect differences in income elasticities. It is an integral part of the SNA1993 and more detailed subdivision of the classes provide comparability between countries and between statistics in these different areas.