Venezuela, RB - GDP per capita (current US$) 1960 - 2014
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Venezuela, RB's gdp per capita (current us$) for 2014 was $15,975.73, a 28.48% increase from 2013, with a +$3,541 difference.
- In 2013 it was $12,433.98, a -3.90% increase from 2012, with a -$504 difference.
- In 2012 it was $12,937.93, a 18.95% increase from 2011.
- In 2011 it was $10,877.11, a -20.56% increase from 2010.
- In 2010 it was $13,692.91, a 17.62% increase from 2009.
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Venezuela, RB is currently $4,114.99 (average of years with recorded data) with a lowest recorded value of $869.91 in 1965 and a highest value of $15,975.73 in 2014.For comparison, the world wide [World Bank] aggregate for 1965 was $599.15 and in 2014 it was $10,898.72. Essentially, in 1965, Venezuela, RB contributed 145.19% to the world wide aggregate. While in 2014 it contributed 146.58% to the aggregate, recording a 0.96% increase in amounts contributed within the 49-year period. Nonetheless, the country recorded a 1,736.49% increase in gdp per capita (current us$) within the same period.

Year | GDP per capita (current US$) | Average Growth Rate (%) |
---|---|---|
1960 | $939.56 | |
1961 | $954.36 | 1.57% |
1962 | $1,006.88 | 5.50% |
1963 | $1,060.57 | 5.33% |
1964 | $874.20 | -17.57% |
1965 | $869.91 | -0.49% |
1966 | $877.20 | 0.84% |
1967 | $894.68 | 1.99% |
1968 | $940.20 | 5.09% |
1969 | $934.05 | -0.65% |
1970 | $1,018.11 | 9.00% |
1971 | $1,109.43 | 8.97% |
1972 | $1,158.86 | 4.46% |
1973 | $1,371.09 | 18.31% |
1974 | $2,039.74 | 48.77% |
1975 | $2,084.38 | 2.19% |
1976 | $2,316.03 | 11.11% |
1977 | $2,592.91 | 11.96% |
1978 | $2,735.43 | 5.50% |
1979 | $3,266.79 | 19.42% |
1980 | $3,886.57 | 18.97% |
1981 | $4,241.31 | 9.13% |
1982 | $4,214.67 | -0.63% |
1983 | $4,091.94 | -2.91% |
1984 | $3,531.35 | -13.70% |
1985 | $3,560.76 | 0.83% |
1986 | $3,388.20 | -4.85% |
1987 | $2,620.43 | -22.66% |
1988 | $3,203.40 | 22.25% |
1989 | $2,258.68 | -29.49% |
1990 | $2,461.04 | 8.96% |
1991 | $2,642.78 | 7.38% |
1992 | $2,918.61 | 10.44% |
1993 | $2,835.69 | -2.84% |
1994 | $2,699.46 | -4.80% |
1995 | $3,500.63 | 29.68% |
1996 | $3,125.24 | -10.72% |
1997 | $3,725.99 | 19.22% |
1998 | $3,886.04 | 4.30% |
1999 | $4,087.83 | 5.19% |
2000 | $4,795.63 | 17.31% |
2001 | $4,940.11 | 3.01% |
2002 | $3,667.20 | -25.77% |
2003 | $3,243.37 | -11.56% |
2004 | $4,287.63 | 32.20% |
2005 | $5,456.32 | 27.26% |
2006 | $6,769.87 | 24.07% |
2007 | $8,369.24 | 23.62% |
2008 | $11,310.78 | 35.15% |
2009 | $11,641.80 | 2.93% |
2010 | $13,692.91 | 17.62% |
2011 | $10,877.11 | -20.56% |
2012 | $12,937.93 | 18.95% |
2013 | $12,433.98 | -3.90% |
2014 | $15,975.73 | 28.48% |
Comparison with Countries in the Latin America & Caribbean Region.
Among countries in the same World Bank Latin America & Caribbean (LAC) region, Venezuela, RB comes in 17th with $15,975.70 gdp per capita (current us$).
- Within the same region, Turks and Caicos Islands comes in 7th with $24,917.60, gdp per capita (current us$).
- St. Martin (French part) comes in 8th with $21,920.00.
- Uruguay comes in 9th with $20,795.00.
- St. Kitts and Nevis comes in 10th with $20,176.70.
- Barbados comes in 11th with $20,018.50.
- Guyana comes in 12th with $18,989.80.
- Antigua and Barbuda comes in 13th with $18,745.20.
- Trinidad and Tobago comes in 14th with $18,222.30.
- Curacao comes in 15th with $17,717.60.
- Panama comes in 16th with $17,357.60.
- Chile comes in 18th with $15,355.50.
- Argentina comes in 19th with $13,686.00.
- Costa Rica comes in 20th with $13,198.80.
- St. Lucia comes in 21st with $11,481.50.
- Mexico comes in 22nd with $11,091.30.
- Dominican Republic comes in 23rd with $10,120.60.
- Grenada comes in 24th with $10,016.20.
- Cuba comes in 25th with $9,499.59.
- St. Vincent and the Grenadines comes in 26th with $9,125.32.
- And Brazil comes in 27th with $8,917.67, gdp per capita (current us$).
GDP per capita (current US$), Top 10 Countries in the Latin America & Caribbean Region.
# | Country | GDP per capita (current US$) | Year |
---|---|---|---|
1 | Cayman Islands | $88,475.60 | 2021 |
2 | Virgin Islands (U.S.) | $39,552.20 | 2020 |
3 | Sint Maarten (Dutch part) | $36,220.30 | 2022 |
4 | Puerto Rico | $35,208.60 | 2022 |
5 | Bahamas, The | $31,458.30 | 2022 |
6 | Aruba | $29,342.10 | 2021 |
7 | Turks and Caicos Islands | $24,917.60 | 2022 |
8 | St. Martin (French part) | $21,920.00 | 2014 |
9 | Uruguay | $20,795.00 | 2022 |
10 | St. Kitts and Nevis | $20,176.70 | 2022 |
Comparison with Countries in the Upper middle income Group.
Among countries in the same World Bank Upper middle income (UMI) group, Venezuela, RB comes in 1st with $15,975.70 gdp per capita (current us$).
- Within the same income group, Russian Federation comes in 2nd with $15,345.10, gdp per capita (current us$).
- Bulgaria comes in 3rd with $13,772.50.
- Argentina comes in 4th with $13,686.00.
- Costa Rica comes in 5th with $13,198.80.
- China comes in 6th with $12,720.20.
- Palau comes in 7th with $12,083.90.
- Malaysia comes in 8th with $11,971.90.
- Maldives comes in 9th with $11,817.50.
- St. Lucia comes in 10th with $11,481.50.
- And Kazakhstan comes in 11th with $11,243.70, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the Upper middle income Group.
# | Country | GDP per capita (current US$) | Year |
---|---|---|---|
1 | Venezuela, RB | $15,975.70 | 2014 |
2 | Russian Federation | $15,345.10 | 2022 |
3 | Bulgaria | $13,772.50 | 2022 |
4 | Argentina | $13,686.00 | 2022 |
5 | Costa Rica | $13,198.80 | 2022 |
6 | China | $12,720.20 | 2022 |
7 | Palau | $12,083.90 | 2021 |
8 | Malaysia | $11,971.90 | 2022 |
9 | Maldives | $11,817.50 | 2022 |
10 | St. Lucia | $11,481.50 | 2022 |
11 | Kazakhstan | $11,243.70 | 2022 |
12 | Mexico | $11,091.30 | 2022 |
13 | Turkiye | $10,616.10 | 2022 |
14 | Mauritius | $10,216.30 | 2022 |