Mean income or consumption per day (2011 prices) in Venezuela
Venezuela: Mean income or consumption per day (2011 prices) was 10.81 international-$ in 2011 prices in 2006. ▼ Falling
Latest (2006)
10.81 international-$ in 2011 prices
Change on year
up 22.5%
World rank
73rd
of 119 countries
All-time high
15.23 international-$ in 2011 prices
in 1981
All-time low
6.29 international-$ in 2011 prices
in 2003
Years of data
13
1981–2006
Mean income or consumption per day (2011 prices) in Venezuela, 1981–2006
Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
In 2006, mean income or consumption per day (2011 prices) in Venezuela stood at 10.81 international-$ in 2011 prices.
That represents a change of up 22.5% on the previous year and up 20.4% over ten years.
Over the whole period, mean income or consumption per day (2011 prices) in Venezuela peaked at 15.23 international-$ in 2011 prices in 1981 and was at its lowest, 6.29 international-$ in 2011 prices, in 2003.
That places Venezuela 73rd out of 119 countries with data for 2006, putting it in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Mean income or consumption per day (2011 prices) in Venezuela, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1981 | 15.23 international-$ in 2011 prices | — |
| 1987 | 13.52 international-$ in 2011 prices | -11.3% |
| 1989 | 12.19 international-$ in 2011 prices | -9.8% |
| 1992 | 11.21 international-$ in 2011 prices | -8.1% |
| 1995 | 8.98 international-$ in 2011 prices | -19.8% |
| 1998 | 9.49 international-$ in 2011 prices | +5.6% |
| 1999 | 8.56 international-$ in 2011 prices | -9.8% |
| 2001 | 9.01 international-$ in 2011 prices | +5.3% |
| 2002 | 7.43 international-$ in 2011 prices | -17.6% |
| 2003 | 6.29 international-$ in 2011 prices | -15.3% |
| 2004 | 7.05 international-$ in 2011 prices | +12.0% |
| 2005 | 8.83 international-$ in 2011 prices | +25.2% |
| 2006 | 10.81 international-$ in 2011 prices | +22.5% |
Venezuela compared with similar countries
- Venezuela's 10.81 international-$ in 2011 prices is above the median for lower middle income countries, which is 5.43 international-$ in 2011 prices, 2.0× the median. (29 countries reporting)
- Venezuela's 10.81 international-$ in 2011 prices is below the median for Latin America & Caribbean, which is 14.25 international-$ in 2011 prices, 76% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.64 international-$ in 2011 prices | 12.19 international-$ in 2011 prices | 15.23 international-$ in 2011 prices | 3 |
| 1990s | 9.56 international-$ in 2011 prices | 8.56 international-$ in 2011 prices | 11.21 international-$ in 2011 prices | 4 |
| 2000s | 8.24 international-$ in 2011 prices | 6.29 international-$ in 2011 prices | 10.81 international-$ in 2011 prices | 6 |
Countries ranked near Venezuela
- 70 South Africa 11.18 international-$ in 2011 prices compare
- 71 Jordan 11.03 international-$ in 2011 prices compare
- 72 Palestine 10.86 international-$ in 2011 prices
- 74 Nicaragua 10.72 international-$ in 2011 prices compare
- 75 Azerbaijan 10.56 international-$ in 2011 prices compare
- 76 Morocco 10.2 international-$ in 2011 prices compare
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 mean income or consumption per day (2011 prices) in Venezuela?
- Mean income or consumption per day (2011 prices) in Venezuela was 10.81 international-$ in 2011 prices in 2006, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
- What is the highest mean income or consumption per day (2011 prices) recorded in Venezuela?
- The highest recorded value was 15.23 international-$ in 2011 prices in 1981.
- What is the lowest mean income or consumption per day (2011 prices) recorded in Venezuela?
- The lowest recorded value was 6.29 international-$ in 2011 prices in 2003.
- How does Venezuela rank for mean income or consumption per day (2011 prices)?
- Venezuela ranks 73rd out of 119 countries with data for 2006.
- Is mean income or consumption per day (2011 prices) rising or falling in Venezuela?
- Over the last ten years it is up 20.4%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data, published as part of Mean income or consumption per day (2011 prices). Statizoid updates them automatically from the source API.
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About this data
The mean is the average income or consumption of the population.