Government Effectiveness - Governance estimate (approx. -2.5 to) in Venezuela
Venezuela: Government Effectiveness - Governance estimate (approx. -2.5 to) was -0 approx. -2.5 to +2.5 per US$ of GDP in 2024. ◆ Volatile
Government Effectiveness - Governance estimate (approx. -2.5 to) in Venezuela, 1996–2024
Source: Statizoid (derived). Measured in approx. -2.5 to +2.5 per US$ of GDP.
Analysis
In 2024, government effectiveness - governance estimate (approx. -2.5 to) in Venezuela stood at -0 approx. -2.5 to +2.5 per US$ of GDP.
Compared with earlier readings it is up 13.1% on the previous year and down 159.3% over ten years.
Over the whole period, government effectiveness - governance estimate (approx. -2.5 to) in Venezuela peaked at -0 approx. -2.5 to +2.5 per US$ of GDP in 2012 and was at its lowest, -0 approx. -2.5 to +2.5 per US$ of GDP, in 2020.
That places Venezuela 142nd out of 204 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Government Effectiveness - Governance estimate (approx. -2.5 to) in Venezuela, year by year
| Year | approx. -2.5 to +2.5 per US$ of GDP | Change |
|---|---|---|
| 1996 | -0 approx. -2.5 to +2.5 per US$ of GDP | — |
| 1998 | -0 approx. -2.5 to +2.5 per US$ of GDP | -2.5% |
| 2000 | -0 approx. -2.5 to +2.5 per US$ of GDP | -14.4% |
| 2002 | -0 approx. -2.5 to +2.5 per US$ of GDP | +67.8% |
| 2003 | -0 approx. -2.5 to +2.5 per US$ of GDP | -3.4% |
| 2004 | -0 approx. -2.5 to +2.5 per US$ of GDP | -28.0% |
| 2005 | -0 approx. -2.5 to +2.5 per US$ of GDP | -32.5% |
| 2006 | -0 approx. -2.5 to +2.5 per US$ of GDP | -20.1% |
| 2007 | -0 approx. -2.5 to +2.5 per US$ of GDP | -28.2% |
| 2008 | -0 approx. -2.5 to +2.5 per US$ of GDP | -24.7% |
| 2009 | -0 approx. -2.5 to +2.5 per US$ of GDP | -13.9% |
| 2010 | -0 approx. -2.5 to +2.5 per US$ of GDP | +5.1% |
| 2011 | -0 approx. -2.5 to +2.5 per US$ of GDP | +30.1% |
| 2012 | -0 approx. -2.5 to +2.5 per US$ of GDP | -28.1% |
| 2013 | -0 approx. -2.5 to +2.5 per US$ of GDP | +48.1% |
| 2014 | -0 approx. -2.5 to +2.5 per US$ of GDP | +27.2% |
| 2015 | -0 approx. -2.5 to +2.5 per US$ of GDP | +73.6% |
| 2016 | -0 approx. -2.5 to +2.5 per US$ of GDP | +16.9% |
| 2017 | -0 approx. -2.5 to +2.5 per US$ of GDP | +8.1% |
| 2018 | -0 approx. -2.5 to +2.5 per US$ of GDP | +52.1% |
| 2019 | -0 approx. -2.5 to +2.5 per US$ of GDP | +39.8% |
| 2020 | -0 approx. -2.5 to +2.5 per US$ of GDP | +66.7% |
| 2021 | -0 approx. -2.5 to +2.5 per US$ of GDP | -26.4% |
| 2022 | -0 approx. -2.5 to +2.5 per US$ of GDP | -37.2% |
| 2023 | -0 approx. -2.5 to +2.5 per US$ of GDP | -17.1% |
| 2024 | -0 approx. -2.5 to +2.5 per US$ of GDP | -13.1% |
Venezuela compared with similar countries
- Venezuela's -0 approx. -2.5 to +2.5 per US$ of GDP is above the median for lower middle income countries, which is -0 approx. -2.5 to +2.5 per US$ of GDP, 58% of the median. (47 countries reporting)
- Venezuela's -0 approx. -2.5 to +2.5 per US$ of GDP is below the median for Latin America & Caribbean, which is 0 approx. -2.5 to +2.5 per US$ of GDP. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0 approx. -2.5 to +2.5 per US$ of GDP | -0 approx. -2.5 to +2.5 per US$ of GDP | -0 approx. -2.5 to +2.5 per US$ of GDP | 2 |
| 2000s | -0 approx. -2.5 to +2.5 per US$ of GDP | -0 approx. -2.5 to +2.5 per US$ of GDP | -0 approx. -2.5 to +2.5 per US$ of GDP | 9 |
| 2010s | -0 approx. -2.5 to +2.5 per US$ of GDP | -0 approx. -2.5 to +2.5 per US$ of GDP | -0 approx. -2.5 to +2.5 per US$ of GDP | 10 |
| 2020s | -0 approx. -2.5 to +2.5 per US$ of GDP | -0 approx. -2.5 to +2.5 per US$ of GDP | -0 approx. -2.5 to +2.5 per US$ of GDP | 5 |
Countries ranked near Venezuela
- 139 Benin -0 approx. -2.5 to +2.5 per US$ of GDP compare
- 140 Belarus -0 approx. -2.5 to +2.5 per US$ of GDP compare
- 141 Bolivia -0 approx. -2.5 to +2.5 per US$ of GDP compare
- 143 Armenia -0 approx. -2.5 to +2.5 per US$ of GDP compare
- 144 Cameroon -0 approx. -2.5 to +2.5 per US$ of GDP compare
- 145 Mongolia -0 approx. -2.5 to +2.5 per US$ of GDP compare
More reference data data for Venezuela
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.34 (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) - Crop Residues 0.2667 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.29 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.49 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.91 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 38.02 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 53.46 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.45 (2050)
Frequently asked questions
- What is government effectiveness - governance estimate (approx. -2.5 to) in Venezuela?
- Government effectiveness - governance estimate (approx. -2.5 to) in Venezuela was -0 approx. -2.5 to +2.5 per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest government effectiveness - governance estimate (approx. -2.5 to) recorded in Venezuela?
- The highest recorded value was -0 approx. -2.5 to +2.5 per US$ of GDP in 2012.
- What is the lowest government effectiveness - governance estimate (approx. -2.5 to) recorded in Venezuela?
- The lowest recorded value was -0 approx. -2.5 to +2.5 per US$ of GDP in 2020.
- How does Venezuela rank for government effectiveness - governance estimate (approx. -2.5 to)?
- Venezuela ranks 142nd out of 204 countries with data for 2024.
- Is government effectiveness - governance estimate (approx. -2.5 to) rising or falling in Venezuela?
- Over the last ten years it is down 159.3%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Government Effectiveness - Governance estimate (approx. -2.5 to +2.5), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Government Effectiveness - Governance estimate (approx. -2.5 to +2.5) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Government Effectiveness - Governance estimate (approx. -2.5 to +2.5) ÷ GDP (current US$)
Computed from
- Government Effectiveness - Governance estimate The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Government Effectiveness - Governance estimate (approx. -2.5 to +2.5) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.