Venezuela - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in Venezuela was $334,055,000,000 as of 2010. Over the past 48 years, the value for this indicator has fluctuated between $334,055,000,000 in 2010 and $9,268,066,000 in 1962.

Definition: 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 U.S. dollars. 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 $9,268,066,000
1963 $9,891,229,000
1964 $9,980,503,000
1965 $9,779,521,000
1966 $9,452,661,000
1967 $9,959,900,000
1968 $11,041,980,000
1969 $11,543,480,000
1970 $12,847,430,000
1971 $13,584,260,000
1972 $15,243,830,000
1973 $18,985,360,000
1974 $24,998,080,000
1975 $31,977,120,000
1976 $38,207,530,000
1977 $41,869,900,000
1978 $46,839,700,000
1979 $54,977,090,000
1980 $63,460,260,000
1981 $73,095,100,000
1982 $73,824,990,000
1983 $71,445,460,000
1984 $65,044,940,000
1985 $60,393,530,000
1986 $60,763,760,000
1987 $58,027,440,000
1988 $61,076,190,000
1989 $47,107,200,000
1990 $50,751,050,000
1991 $52,384,590,000
1992 $57,077,080,000
1993 $57,893,320,000
1994 $56,945,600,000
1995 $64,538,600,000
1996 $67,123,400,000
1997 $77,407,590,000
1998 $78,698,410,000
1999 $84,817,080,000
2000 $99,740,400,000
2001 $113,343,000,000
2002 $100,153,000,000
2003 $89,121,490,000
2004 $106,676,000,000
2005 $131,581,000,000
2006 $164,582,000,000
2007 $206,862,000,000
2008 $257,196,000,000
2009 $286,637,000,000
2010 $334,055,000,000

GNI (current US$)

The latest value for GNI (current US$) in Venezuela was $389,038,000,000 as of 2010. Over the past 50 years, the value for this indicator has fluctuated between $389,038,000,000 in 2010 and $8,082,144,000 in 1960.

Definition: 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 U.S. dollars.

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

See also:

Year Value
1960 $8,082,144,000
1961 $8,339,049,000
1962 $9,238,428,000
1963 $10,051,590,000
1964 $8,421,268,000
1965 $8,898,945,000
1966 $9,423,575,000
1967 $9,820,776,000
1968 $10,759,910,000
1969 $11,312,570,000
1970 $12,440,120,000
1971 $13,733,560,000
1972 $15,442,870,000
1973 $18,757,930,000
1974 $28,450,100,000
1975 $31,513,160,000
1976 $36,480,320,000
1977 $42,425,060,000
1978 $46,545,640,000
1979 $55,747,560,000
1980 $67,464,120,000
1981 $76,072,830,000
1982 $75,163,650,000
1983 $76,473,500,000
1984 $53,890,340,000
1985 $55,702,740,000
1986 $57,313,110,000
1987 $43,724,790,000
1988 $56,657,400,000
1989 $39,774,300,000
1990 $46,253,510,000
1991 $51,136,360,000
1992 $56,724,360,000
1993 $56,392,560,000
1994 $54,625,900,000
1995 $72,945,750,000
1996 $66,533,590,000
1997 $83,320,390,000
1998 $88,804,540,000
1999 $96,521,130,000
2000 $115,760,000,000
2001 $120,890,000,000
2002 $90,133,590,000
2003 $81,285,190,000
2004 $108,783,000,000
2005 $143,314,000,000
2006 $182,433,000,000
2007 $229,005,000,000
2008 $311,829,000,000
2009 $323,481,000,000
2010 $389,038,000,000

GNI (current LCU)

The value for GNI (current LCU) in Venezuela was 1,004,520,000,000 as of 2010. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,004,520,000,000 in 2010 and a minimum value of 27,071,810 in 1960.

Definition: 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 27,071,810
1961 27,934,420
1962 30,945,660
1963 33,669,460
1964 37,043,060
1965 39,600,300
1966 41,934,910
1967 43,702,460
1968 47,881,600
1969 50,340,940
1970 55,358,510
1971 61,069,560
1972 67,948,620
1973 80,743,520
1974 121,908,700
1975 135,033,900
1976 156,496,500
1977 182,109,600
1978 199,797,200
1979 239,296,400
1980 289,589,800
1981 326,542,600
1982 322,640,000
1983 328,642,600
1984 378,173,300
1985 417,770,600
1986 463,280,800
1987 634,009,500
1988 821,532,400
1989 1,379,433,000
1990 2,169,313,000
1991 2,905,369,000
1992 3,878,602,000
1993 5,121,910,000
1994 8,112,111,000
1995 12,899,870,000
1996 27,766,600,000
1997 40,713,260,000
1998 48,625,460,000
1999 58,464,490,000
2000 78,711,910,000
2001 87,483,790,000
2002 104,641,000,000
2003 130,477,000,000
2004 205,744,000,000
2005 299,490,000,000
2006 391,683,000,000
2007 491,673,000,000
2008 669,496,000,000
2009 694,514,000,000
2010 1,004,520,000,000

GNI (constant 2000 US$)

The latest value for GNI (constant 2000 US$) in Venezuela was 157,074,000,000 as of 2010. Over the past 36 years, the value for this indicator has fluctuated between 162,559,000,000 in 2008 and 75,378,850,000 in 1974.

Definition: 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 2000 U.S. dollars.

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

See also:

Year Value
1974 75,378,850,000
1975 75,701,350,000
1976 81,351,200,000
1977 86,754,840,000
1978 88,900,700,000
1979 89,652,220,000
1980 85,238,560,000
1981 84,676,720,000
1982 85,350,590,000
1983 82,688,040,000
1984 84,836,290,000
1985 85,082,120,000
1986 89,371,390,000
1987 93,319,400,000
1988 98,183,300,000
1989 92,513,320,000
1990 94,627,310,000
1991 103,161,000,000
1992 111,318,000,000
1993 111,537,000,000
1994 109,447,000,000
1995 112,907,000,000
1996 112,790,000,000
1997 120,302,000,000
1998 120,229,000,000
1999 111,832,000,000
2000 115,760,000,000
2001 120,190,000,000
2002 111,138,000,000
2003 102,427,000,000
2004 122,116,000,000
2005 132,237,000,000
2006 143,549,000,000
2007 152,581,000,000
2008 162,559,000,000
2009 159,402,000,000
2010 157,074,000,000

GNI (constant LCU)

The value for GNI (constant LCU) in Venezuela was 56,369,340,000 as of 2010. As the graph below shows, over the past 36 years this indicator reached a maximum value of 58,337,820,000 in 2008 and a minimum value of 27,051,380,000 in 1974.

Definition: 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
1974 27,051,380,000
1975 27,167,110,000
1976 29,194,690,000
1977 31,133,910,000
1978 31,904,000,000
1979 32,173,700,000
1980 30,589,760,000
1981 30,388,130,000
1982 30,629,960,000
1983 29,674,440,000
1984 30,445,390,000
1985 30,533,610,000
1986 32,072,920,000
1987 33,489,740,000
1988 35,235,260,000
1989 33,200,470,000
1990 33,959,120,000
1991 37,021,620,000
1992 39,949,060,000
1993 40,027,580,000
1994 39,277,650,000
1995 40,519,230,000
1996 40,477,060,000
1997 43,173,040,000
1998 43,146,690,000
1999 40,133,500,000
2000 41,542,910,000
2001 43,132,910,000
2002 39,884,350,000
2003 36,758,030,000
2004 43,824,210,000
2005 47,456,040,000
2006 51,515,760,000
2007 54,757,090,000
2008 58,337,820,000
2009 57,205,040,000
2010 56,369,340,000

GNI, PPP (current international $)

The latest value for GNI, PPP (current international $) in Venezuela was 350,192,000,000 as of 2010. Over the past 30 years, the value for this indicator has fluctuated between 361,162,000,000 in 2008 and 83,643,270,000 in 1980.

Definition: PPP GNI (formerly PPP GNP) is gross national income 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. Gross national income (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.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1980 83,643,270,000
1981 91,395,810,000
1982 92,359,700,000
1983 91,744,190,000
1984 95,573,760,000
1985 98,509,780,000
1986 108,536,000,000
1987 114,704,000,000
1988 126,311,000,000
1989 116,636,000,000
1990 134,315,000,000
1991 153,151,000,000
1992 162,784,000,000
1993 166,870,000,000
1994 165,553,000,000
1995 177,509,000,000
1996 180,419,000,000
1997 194,800,000,000
1998 198,272,000,000
1999 191,679,000,000
2000 203,660,000,000
2001 214,347,000,000
2002 195,868,000,000
2003 184,900,000,000
2004 223,827,000,000
2005 259,775,000,000
2006 297,523,000,000
2007 338,639,000,000
2008 361,162,000,000
2009 352,285,000,000
2010 350,192,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts