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

0510151981199320061981: 15.2 international-$ in 2011 prices1987: 13.5 international-$ in 2011 prices1989: 12.2 international-$ in 2011 prices1992: 11.2 international-$ in 2011 prices1995: 9 international-$ in 2011 prices1998: 9.5 international-$ in 2011 prices1999: 8.6 international-$ in 2011 prices2001: 9 international-$ in 2011 prices2002: 7.4 international-$ in 2011 prices2003: 6.3 international-$ in 2011 prices2004: 7 international-$ in 2011 prices2005: 8.8 international-$ in 2011 prices2006: 10.8 international-$ in 2011 prices

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 70 South Africa 11.18 international-$ in 2011 prices compare
  2. 71 Jordan 11.03 international-$ in 2011 prices compare
  3. 72 Palestine 10.86 international-$ in 2011 prices compare
  4. 74 Nicaragua 10.72 international-$ in 2011 prices compare
  5. 75 Azerbaijan 10.56 international-$ in 2011 prices compare
  6. 76 Morocco 10.2 international-$ in 2011 prices compare

See the full ranking of 119 places →

More reference data data for Venezuela

All data for Venezuela →

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

Indicator
Mean income or consumption per day (2011 prices)
Unit
international-$ in 2011 prices
Source
World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
119 places, 2,016 data points, 1963–2023
Last refreshed

The mean is the average income or consumption of the population.