Reduction in Human Development Index when adjusting for inequalities in Venezuela

Venezuela: Reduction in Human Development Index when adjusting for inequalities was 14.7% in 2023. ▼ Falling

Latest (2023)
14.7%
Change on year
up 0.5%
World rank
100th
of 166 countries
All-time high
17.5%
in 2013
All-time low
14.3%
in 2016
Years of data
13
2011–2023

Reduction in Human Development Index when adjusting for inequalities in Venezuela, 2011–2023

0510152011201720232011: 16.8 %2012: 17.2 %2013: 17.5 %2014: 17 %2015: 16 %2016: 14.3 %2017: 14.7 %2018: 14.6 %2019: 14.6 %2020: 14.6 %2021: 14.7 %2022: 14.6 %2023: 14.7 %

Source: UNDP, Human Development Report (2025) – with minor processing by Our World in Data. Measured in %.

Analysis

Venezuela recorded 14.7% for reduction in human development index when adjusting for inequalities in 2023.

Compared with earlier readings it is up 0.5% on the previous year and down 16.0% over ten years.

Over the whole period, reduction in human development index when adjusting for inequalities in Venezuela peaked at 17.5% in 2013 and was at its lowest, 14.3%, in 2016.

That places Venezuela 100th out of 166 countries with data for 2023, 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
2010s 15.9% 14.3% 17.5% 9
2020s 14.6% 14.6% 14.7% 4

Countries ranked near Venezuela

  1. 97 China 15.9% compare
  2. 98 Jordan 15.5% compare
  3. 99 Thailand 15.2% compare
  4. 101 Bosnia and Herzegovina 14.3% compare
  5. 102 Tajikistan 14.0% compare
  6. 103 Samoa 14.0% compare

See the full ranking of 166 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is reduction in human development index when adjusting for inequalities in Venezuela?
Reduction in human development index when adjusting for inequalities in Venezuela was 14.7% in 2023, according to UNDP, Human Development Report (2025) – with minor processing by Our World in Data.
What is the highest reduction in human development index when adjusting for inequalities recorded in Venezuela?
The highest recorded value was 17.5% in 2013.
What is the lowest reduction in human development index when adjusting for inequalities recorded in Venezuela?
The lowest recorded value was 14.3% in 2016.
How does Venezuela rank for reduction in human development index when adjusting for inequalities?
Venezuela ranks 100th out of 166 countries with data for 2023.
Is reduction in human development index when adjusting for inequalities rising or falling in Venezuela?
Over the last ten years it is down 16.0%. The long-run trend across the full record is falling.
Where does this Venezuela data come from?
The figures come from UNDP, Human Development Report (2025) – with minor processing by Our World in Data, published as part of Reduction in Human Development Index when adjusting for inequalities. Statizoid updates them automatically from the source API.

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About this data

Indicator
Reduction in Human Development Index when adjusting for inequalities
Unit
%
Source
UNDP, Human Development Report (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 2,131 data points, 2010–2023
Last refreshed

Percentage difference between the IHDI value and the HDI value.