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Wealth share of the richest 1% in Venezuela

Venezuela: Wealth share of the richest 1% was 31.8% in 2024. ▼ Falling

Latest (2024)
31.8%
Change on year
up 3.8%
World rank
35th
of 215 countries
All-time high
37.8%
in 2001
All-time low
30.6%
in 2023
Years of data
45
1980–2024

Wealth share of the richest 1% in Venezuela, 1980–2024

0102030401980200220241980: 35 %1981: 35.3 %1982: 35 %1983: 35.4 %1984: 35 %1985: 35 %1986: 35.3 %1987: 35.5 %1988: 35.1 %1989: 35.5 %1990: 35.4 %1991: 35 %1992: 35.4 %1993: 35.5 %1994: 35.3 %1995: 35.5 %1996: 34.9 %1997: 35.5 %1998: 35.2 %1999: 35.1 %2000: 35 %2001: 37.8 %2002: 37.5 %2003: 37.6 %2004: 36.5 %2005: 35.8 %2006: 34.2 %2007: 37.5 %2008: 34.5 %2009: 33.2 %2010: 33.3 %2011: 32.2 %2012: 31.7 %2013: 32.4 %2014: 31.6 %2015: 31.2 %2016: 31.3 %2017: 31.4 %2018: 31.7 %2019: 31 %2020: 32.6 %2021: 31.5 %2022: 30.8 %2023: 30.6 %2024: 31.8 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2024, wealth share of the richest 1% in Venezuela stood at 31.8%.

Compared with earlier readings it is up 3.8% on the previous year and up 0.6% over ten years.

Over the whole period, wealth share of the richest 1% in Venezuela peaked at 37.8% in 2001 and was at its lowest, 30.6%, in 2023.

That places Venezuela 35th out of 215 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 45 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 35.2% 35.0% 35.5% 10
1990s 35.3% 34.9% 35.5% 10
2000s 36.0% 33.2% 37.8% 10
2010s 31.8% 31.0% 33.3% 10
2020s 31.5% 30.6% 32.6% 5

Countries ranked near Venezuela

  1. 32 Thailand 33.3% compare
  2. 33 Cyprus 33.3% compare
  3. 34 Democratic Republic of Congo 31.8% compare
  4. 36 Turkey 31.7% compare
  5. 37 Switzerland 31.5% compare
  6. 38 Uganda 30.9% compare

See the full ranking of 215 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is wealth share of the richest 1% in Venezuela?
Wealth share of the richest 1% in Venezuela was 31.8% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest wealth share of the richest 1% recorded in Venezuela?
The highest recorded value was 37.8% in 2001.
What is the lowest wealth share of the richest 1% recorded in Venezuela?
The lowest recorded value was 30.6% in 2023.
How does Venezuela rank for wealth share of the richest 1%?
Venezuela ranks 35th out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in Venezuela?
Over the last ten years it is up 0.6%. The long-run trend across the full record is falling.
Where does this Venezuela data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

The share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.