Dimension 3.4: Institutional Statistics in Venezuela

Venezuela: Dimension 3.4: Institutional Statistics was 0.5905 in 2023. ▲ Rising

Latest (2023)
0.5905
Change on year
up 29.6%
World rank
176th
of 214 countries
All-time high
0.681
in 2021
All-time low
0.4555
in 2022
Years of data
20
2004–2023

Dimension 3.4: Institutional Statistics in Venezuela, 2004–2023

00.20.40.62004201320232004: 0.5352005: 0.5642006: 0.5562007: 0.5562008: 0.6122009: 0.6122010: 0.5622011: 0.6132012: 0.6132013: 0.6132014: 0.6132015: 0.5782016: 0.5782017: 0.6512018: 0.5842019: 0.5842020: 0.6672021: 0.6812022: 0.4562023: 0.591

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

Venezuela recorded 0.5905 for dimension 3.4: institutional statistics in 2023.

That represents a change of up 29.6% on the previous year and down 3.6% over ten years.

Over the whole period, dimension 3.4: institutional statistics in Venezuela peaked at 0.681 in 2021 and was at its lowest, 0.4555, in 2022.

That places Venezuela 176th out of 214 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.5723 0.5355 0.6115 6
2010s 0.5987 0.5625 0.6515 10
2020s 0.5985 0.4555 0.681 4

Countries ranked near Venezuela

  1. 175 Somalia 0.6145 compare
  2. 177 Bahrain 0.5855 compare
  3. 177 Brunei 0.5855 compare
  4. 177 Qatar 0.5855 compare
  5. 177 Tuvalu 0.5855 compare

See the full ranking of 215 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is dimension 3.4: institutional statistics in Venezuela?
Dimension 3.4: institutional statistics in Venezuela was 0.5905 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest dimension 3.4: institutional statistics recorded in Venezuela?
The highest recorded value was 0.681 in 2021.
What is the lowest dimension 3.4: institutional statistics recorded in Venezuela?
The lowest recorded value was 0.4555 in 2022.
How does Venezuela rank for dimension 3.4: institutional statistics?
Venezuela ranks 176th out of 214 countries with data for 2023.
Is dimension 3.4: institutional statistics rising or falling in Venezuela?
Over the last ten years it is down 3.6%. The long-run trend across the full record is rising.
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 Dimension 3.4: Institutional Statistics. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Dimension 3.4: Institutional Statistics
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 4,300 data points, 2004–2023
Last refreshed

Average score for Goal 16-17 indicators. See 3.1.