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 11,590 as of 2010. Over the past 48 years, the value for this indicator has fluctuated between 11,590 in 2010 and 1,010 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 1,140
1963 1,170
1964 1,140
1965 1,080
1966 1,010
1967 1,030
1968 1,100
1969 1,120
1970 1,200
1971 1,230
1972 1,330
1973 1,610
1974 2,040
1975 2,520
1976 2,910
1977 3,080
1978 3,320
1979 3,770
1980 4,220
1981 4,690
1982 4,600
1983 4,320
1984 3,830
1985 3,460
1986 3,390
1987 3,160
1988 3,240
1989 2,440
1990 2,570
1991 2,590
1992 2,760
1993 2,740
1994 2,640
1995 2,930
1996 2,980
1997 3,370
1998 3,360
1999 3,550
2000 4,100
2001 4,580
2002 3,970
2003 3,470
2004 4,080
2005 4,950
2006 6,090
2007 7,530
2008 9,210
2009 10,100
2010 11,590

GNI per capita (constant 2000 US$)

The latest value for GNI per capita (constant 2000 US$) in Venezuela was 5,448 as of 2010. Over the past 36 years, the value for this indicator has fluctuated between 6,375 in 1977 and 3,990 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 2000 U.S. dollars.

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

See also:

Year Value
1974 6,156
1975 5,970
1976 6,193
1977 6,375
1978 6,310
1979 6,154
1980 5,669
1981 5,438
1982 5,319
1983 5,005
1984 4,992
1985 4,873
1986 4,986
1987 5,077
1988 5,212
1989 4,795
1990 4,791
1991 5,108
1992 5,388
1993 5,281
1994 5,071
1995 5,122
1996 5,012
1997 5,240
1998 5,135
1999 4,686
2000 4,762
2001 4,853
2002 4,407
2003 3,990
2004 4,674
2005 4,976
2006 5,311
2007 5,552
2008 5,819
2009 5,616
2010 5,448

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in Venezuela was -3.00 as of 2010. As the graph below shows, over the past 35 years this indicator reached a maximum value of 17.16 in 2004 and a minimum value of -9.47 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.

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

See also:

Year Value
1975 -3.02
1976 3.74
1977 2.94
1978 -1.03
1979 -2.47
1980 -7.89
1981 -4.07
1982 -2.20
1983 -5.90
1984 -0.25
1985 -2.39
1986 2.33
1987 1.81
1988 2.66
1989 -8.00
1990 -0.07
1991 6.61
1992 5.49
1993 -2.00
1994 -3.97
1995 1.01
1996 -2.14
1997 4.54
1998 -2.00
1999 -8.75
2000 1.62
2001 1.92
2002 -9.20
2003 -9.47
2004 17.16
2005 6.45
2006 6.73
2007 4.54
2008 4.82
2009 -3.49
2010 -3.00

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in Venezuela was 1,955 as of 2010. As the graph below shows, over the past 36 years this indicator reached a maximum value of 2,288 in 1977 and a minimum value of 1,432 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
1974 2,209
1975 2,142
1976 2,223
1977 2,288
1978 2,264
1979 2,209
1980 2,034
1981 1,952
1982 1,909
1983 1,796
1984 1,792
1985 1,749
1986 1,789
1987 1,822
1988 1,870
1989 1,721
1990 1,719
1991 1,833
1992 1,934
1993 1,895
1994 1,820
1995 1,838
1996 1,799
1997 1,880
1998 1,843
1999 1,682
2000 1,709
2001 1,742
2002 1,581
2003 1,432
2004 1,677
2005 1,786
2006 1,906
2007 1,992
2008 2,088
2009 2,015
2010 1,955

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in Venezuela was 12,150 as of 2010. Over the past 30 years, the value for this indicator has fluctuated between 12,930 in 2008 and 5,550 in 1983.

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.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1980 5,560
1981 5,870
1982 5,760
1983 5,550
1984 5,620
1985 5,640
1986 6,060
1987 6,240
1988 6,700
1989 6,040
1990 6,800
1991 7,580
1992 7,880
1993 7,900
1994 7,670
1995 8,050
1996 8,020
1997 8,480
1998 8,470
1999 8,030
2000 8,380
2001 8,660
2002 7,770
2003 7,200
2004 8,570
2005 9,770
2006 11,010
2007 12,320
2008 12,930
2009 12,410
2010 12,150

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts