Venezuela - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Venezuela was 13,080.00 as of 2014. Over the past 52 years, the value for this indicator has fluctuated between 13,080.00 in 2014 and 820.00 in 1966.

Definition: GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1962 960.00
1963 990.00
1964 950.00
1965 890.00
1966 820.00
1967 840.00
1968 900.00
1969 910.00
1970 980.00
1971 1,010.00
1972 1,120.00
1973 1,340.00
1974 1,720.00
1975 2,140.00
1976 2,470.00
1977 2,600.00
1978 2,790.00
1979 3,180.00
1980 3,610.00
1981 4,100.00
1982 4,050.00
1983 3,780.00
1984 3,640.00
1985 3,520.00
1986 3,610.00
1987 3,350.00
1988 3,400.00
1989 2,560.00
1990 2,670.00
1991 2,690.00
1992 2,870.00
1993 2,850.00
1994 2,740.00
1995 3,040.00
1996 3,100.00
1997 3,470.00
1998 3,420.00
1999 3,570.00
2000 4,120.00
2001 4,600.00
2002 3,990.00
2003 3,490.00
2004 4,110.00
2005 4,980.00
2006 6,130.00
2007 7,630.00
2008 9,400.00
2009 10,380.00
2010 11,810.00
2011 11,980.00
2012 12,710.00
2013 11,970.00
2014 13,080.00

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in Venezuela was 99,762.02 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 99,762.02 in 2014 and a minimum value of 2.94 in 1960.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 2.94
1961 2.97
1962 3.13
1963 3.33
1964 3.48
1965 3.59
1966 3.64
1967 3.74
1968 3.92
1969 3.94
1970 4.35
1971 4.59
1972 4.91
1973 5.64
1974 8.54
1975 8.99
1976 10.02
1977 11.18
1978 11.78
1979 14.06
1980 16.84
1981 18.44
1982 17.77
1983 17.11
1984 24.03
1985 25.87
1986 26.80
1987 36.91
1988 45.33
1989 74.52
1990 114.25
1991 149.46
1992 195.16
1993 252.09
1994 390.95
1995 608.36
1996 1,282.86
1997 1,783.86
1998 2,088.84
1999 2,462.41
2000 3,253.42
2001 3,549.25
2002 4,169.19
2003 5,115.77
2004 7,927.35
2005 11,330.35
2006 14,591.05
2007 18,343.30
2008 24,571.39
2009 25,027.58
2010 35,312.65
2011 45,805.37
2012 54,229.51
2013 73,024.94
2014 99,762.02

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in Venezuela was -2.00 as of 2014. As the graph below shows, over the past 52 years this indicator reached a maximum value of 15.28 in 2004 and a minimum value of -13.41 in 1989.

Definition: Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1962 5.01
1963 0.91
1964 5.54
1965 1.03
1966 -1.09
1967 -0.16
1968 3.69
1969 -1.65
1970 4.93
1971 -1.94
1972 0.07
1973 3.39
1974 0.26
1975 2.43
1976 4.96
1977 2.92
1978 -0.64
1979 -2.09
1980 -6.50
1981 -2.72
1982 -7.50
1983 -6.80
1984 -2.37
1985 -2.50
1986 5.38
1987 0.06
1988 3.80
1989 -13.41
1990 8.38
1991 7.83
1992 1.77
1993 -1.75
1994 -4.77
1995 2.49
1996 -2.27
1997 3.89
1998 -1.30
1999 -6.76
2000 1.93
2001 1.05
2002 -11.83
2003 -9.12
2004 15.28
2005 10.44
2006 9.55
2007 9.55
2008 2.62
2009 -5.78
2010 -3.64
2011 0.59
2012 3.85
2013 -0.41
2014 -2.00

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in Venezuela was 1,966 as of 2014. As the graph below shows, over the past 53 years this indicator reached a maximum value of 2,239 in 1977 and a minimum value of 1,355 in 2003.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1961 1,666
1962 1,749
1963 1,765
1964 1,863
1965 1,882
1966 1,862
1967 1,859
1968 1,927
1969 1,895
1970 1,989
1971 1,950
1972 1,952
1973 2,018
1974 2,023
1975 2,072
1976 2,175
1977 2,239
1978 2,224
1979 2,178
1980 2,036
1981 1,981
1982 1,832
1983 1,708
1984 1,667
1985 1,625
1986 1,713
1987 1,714
1988 1,779
1989 1,540
1990 1,670
1991 1,800
1992 1,832
1993 1,800
1994 1,714
1995 1,757
1996 1,717
1997 1,784
1998 1,761
1999 1,642
2000 1,673
2001 1,691
2002 1,491
2003 1,355
2004 1,562
2005 1,725
2006 1,889
2007 2,070
2008 2,124
2009 2,001
2010 1,929
2011 1,940
2012 2,015
2013 2,006
2014 1,966

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in Venezuela was 17,090 as of 2011. Over the past 21 years, the value for this indicator has fluctuated between 17,760 in 2008 and 9,440 in 1990.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 9,440
1991 10,510
1992 10,950
1993 11,000
1994 10,700
1995 11,200
1996 11,160
1997 11,790
1998 11,740
1999 11,130
2000 11,610
2001 11,980
2002 10,750
2003 9,960
2004 11,830
2005 13,450
2006 15,140
2007 16,930
2008 17,760
2009 16,900
2010 16,530
2011 17,090

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts