Median earnings per hour, aged 25-64, local currency values in Venezuela
Venezuela: Median earnings per hour, aged 25-64, local currency values was 3,861 in 2006. ◆ Volatile
Median earnings per hour, aged 25-64, local currency values in Venezuela, 1989–2006
Source: World Bank.
Analysis
Venezuela recorded 3,861 for median earnings per hour, aged 25-64, local currency values in 2006. That is the highest value across all 10 years on record.
That represents a change of up 46.7% on the previous year and up 1,717.0% over ten years.
Over the whole period, median earnings per hour, aged 25-64, local currency values in Venezuela peaked at 3,861 in 2006 and was at its lowest, 31.25, in 1989.
That places Venezuela 5th out of 71 countries with data for 2006, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Median earnings per hour, aged 25-64, local currency values in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1989 | 31.25 | — |
| 1992 | 72.92 | +133.3% |
| 1995 | 212.5 | +191.4% |
| 1998 | 793.65 | +273.5% |
| 2000 | 953.24 | +20.1% |
| 2001 | 1,149 | +20.5% |
| 2002 | 1,334 | +16.1% |
| 2004 | 2,083 | +56.2% |
| 2005 | 2,633 | +26.4% |
| 2006 | 3,861 | +46.7% |
Venezuela compared with similar countries
- Venezuela's 3,861 is above the median for lower middle income countries, which is 30.14, 128.1× the median. (12 countries reporting)
- Venezuela's 3,861 is above the median for Latin America & Caribbean, which is 32.99, 117.0× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 31.25 | 31.25 | 31.25 | 1 |
| 1990s | 359.69 | 72.92 | 793.65 | 3 |
| 2000s | 2,002 | 953.24 | 3,861 | 6 |
Countries ranked near Venezuela
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 median earnings per hour, aged 25-64, local currency values in Venezuela?
- Median earnings per hour, aged 25-64, local currency values in Venezuela was 3,861 in 2006, according to the World Bank.
- What is the highest median earnings per hour, aged 25-64, local currency values recorded in Venezuela?
- The highest recorded value was 3,861 in 2006.
- What is the lowest median earnings per hour, aged 25-64, local currency values recorded in Venezuela?
- The lowest recorded value was 31.25 in 1989.
- How does Venezuela rank for median earnings per hour, aged 25-64, local currency values?
- Venezuela ranks 5th out of 71 countries with data for 2006.
- Is median earnings per hour, aged 25-64, local currency values rising or falling in Venezuela?
- Over the last ten years it is up 1,717.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from the World Bank, published as part of Median earnings per hour, aged 25-64, local currency values. Statizoid updates them automatically from the source API.
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