Venezuela - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in Venezuela was $392,925,000,000 as of 2014. Over the past 52 years, the value for this indicator has fluctuated between $392,925,000,000 in 2014 and $8,223,639,000 in 1966.

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 $8,356,748,000
1963 $8,968,416,000
1964 $8,906,715,000
1965 $8,630,852,000
1966 $8,223,639,000
1967 $8,664,289,000
1968 $9,588,468,000
1969 $9,999,310,000
1970 $11,200,670,000
1971 $11,921,320,000
1972 $13,493,230,000
1973 $16,688,610,000
1974 $22,012,110,000
1975 $28,206,870,000
1976 $33,587,850,000
1977 $36,240,790,000
1978 $40,079,850,000
1979 $47,034,860,000
1980 $54,822,650,000
1981 $64,019,510,000
1982 $64,846,080,000
1983 $62,170,800,000
1984 $61,477,610,000
1985 $60,888,200,000
1986 $64,113,130,000
1987 $61,148,860,000
1988 $63,581,470,000
1989 $49,101,060,000
1990 $52,428,280,000
1991 $54,150,050,000
1992 $59,040,410,000
1993 $59,889,580,000
1994 $58,934,840,000
1995 $66,762,770,000
1996 $69,429,980,000
1997 $79,234,510,000
1998 $79,716,490,000
1999 $84,807,130,000
2000 $99,730,370,000
2001 $113,332,000,000
2002 $100,160,000,000
2003 $89,284,660,000
2004 $106,854,000,000
2005 $131,579,000,000
2006 $164,619,000,000
2007 $207,831,000,000
2008 $259,751,000,000
2009 $290,886,000,000
2010 $335,817,000,000
2011 $346,032,000,000
2012 $373,061,000,000
2013 $356,607,000,000
2014 $392,925,000,000

GNI (current US$)

The latest value for GNI (current US$) in Venezuela was $476,934,000,000 as of 2014. Over the past 54 years, the value for this indicator has fluctuated between $476,934,000,000 in 2014 and $7,245,727,000 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 $7,245,727,000
1961 $7,595,939,000
1962 $8,302,455,000
1963 $9,132,333,000
1964 $7,407,204,000
1965 $7,731,600,000
1966 $8,115,800,000
1967 $8,605,244,000
1968 $9,331,333,000
1969 $9,676,933,000
1970 $11,020,400,000
1971 $12,248,590,000
1972 $13,508,640,000
1973 $16,347,580,000
1974 $25,463,930,000
1975 $27,564,650,000
1976 $31,627,530,000
1977 $36,298,700,000
1978 $39,354,280,000
1979 $48,307,930,000
1980 $59,445,510,000
1981 $66,901,440,000
1982 $66,206,740,000
1983 $65,443,280,000
1984 $57,943,380,000
1985 $59,732,470,000
1986 $58,792,900,000
1987 $46,410,040,000
1988 $58,455,410,000
1989 $41,158,820,000
1990 $47,824,450,000
1991 $52,878,710,000
1992 $58,656,220,000
1993 $58,349,220,000
1994 $56,535,720,000
1995 $75,464,270,000
1996 $68,818,000,000
1997 $83,379,870,000
1998 $88,835,150,000
1999 $96,511,800,000
2000 $115,747,000,000
2001 $120,874,000,000
2002 $90,144,240,000
2003 $81,432,950,000
2004 $108,964,000,000
2005 $143,310,000,000
2006 $182,474,000,000
2007 $232,795,000,000
2008 $316,633,000,000
2009 $327,123,000,000
2010 $388,341,000,000
2011 $308,493,000,000
2012 $371,208,000,000
2013 $359,262,000,000
2014 $476,934,000,000

GNI (current LCU)

The value for GNI (current LCU) in Venezuela was 2,997,150,000,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 2,997,150,000,000 in 2014 and a minimum value of 23,910,900 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 23,910,900
1961 25,066,600
1962 27,398,100
1963 30,136,700
1964 32,591,700
1965 34,792,200
1966 36,521,100
1967 38,723,600
1968 41,991,000
1969 43,546,200
1970 49,591,800
1971 53,893,800
1972 59,438,000
1973 70,294,600
1974 109,494,900
1975 118,528,000
1976 135,998,400
1977 156,084,400
1978 169,223,400
1979 207,724,100
1980 255,615,700
1981 287,676,200
1982 284,689,000
1983 281,406,100
1984 405,603,600
1985 447,993,500
1986 476,222,500
1987 672,945,500
1988 847,603,500
1989 1,428,211,000
1990 2,242,967,000
1991 3,003,511,000
1992 4,012,086,000
1993 5,298,109,000
1994 8,395,554,000
1995 13,342,080,000
1996 28,717,750,000
1997 40,739,410,000
1998 48,646,130,000
1999 58,457,190,000
2000 78,708,200,000
2001 87,476,590,000
2002 104,648,000,000
2003 130,716,000,000
2004 206,084,000,000
2005 299,489,000,000
2006 391,772,000,000
2007 499,811,000,000
2008 679,051,000,000
2009 701,548,000,000
2010 1,004,290,000,000
2011 1,323,220,000,000
2012 1,592,220,000,000
2013 2,174,760,000,000
2014 2,997,150,000,000

GNI (constant LCU)

The value for GNI (constant LCU) in Venezuela was 59,075,640,000 as of 2014. As the graph below shows, over the past 53 years this indicator reached a maximum value of 59,752,910,000 in 2013 and a minimum value of 14,057,540,000 in 1961.

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
1961 14,057,540,000
1962 15,293,020,000
1963 15,979,340,000
1964 17,454,680,000
1965 18,243,590,000
1966 18,659,760,000
1967 19,256,840,000
1968 20,627,110,000
1969 20,941,790,000
1970 22,666,890,000
1971 22,909,250,000
1972 23,610,920,000
1973 25,130,320,000
1974 25,931,540,000
1975 27,333,970,000
1976 29,523,260,000
1977 31,262,840,000
1978 31,953,950,000
1979 32,170,280,000
1980 30,915,390,000
1981 30,897,300,000
1982 29,347,820,000
1983 28,078,190,000
1984 28,134,410,000
1985 28,149,770,000
1986 30,438,380,000
1987 31,245,020,000
1988 33,262,980,000
1989 29,524,130,000
1990 32,777,660,000
1991 36,179,170,000
1992 37,666,000,000
1993 37,833,810,000
1994 36,815,200,000
1995 38,533,110,000
1996 38,438,990,000
1997 40,739,430,000
1998 41,002,400,000
1999 38,971,560,000
2000 40,481,600,000
2001 41,674,310,000
2002 37,418,920,000
2003 34,617,930,000
2004 40,601,460,000
2005 45,590,950,000
2006 50,733,280,000
2007 56,400,440,000
2008 58,704,990,000
2009 56,101,220,000
2010 54,847,230,000
2011 56,040,530,000
2012 59,152,070,000
2013 59,752,910,000
2014 59,075,640,000

GNI, PPP (current international $)

The latest value for GNI, PPP (current international $) in Venezuela was 493,558,000,000 as of 2011. Over the past 21 years, the value for this indicator has fluctuated between 493,558,000,000 in 2011 and 185,373,000,000 in 1990.

Definition: PPP GNI (formerly PPP GNP) 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. Gross national income 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. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 185,373,000,000
1991 211,300,000,000
1992 225,107,000,000
1993 231,157,000,000
1994 229,676,000,000
1995 245,553,000,000
1996 249,721,000,000
1997 269,205,000,000
1998 273,420,000,000
1999 264,126,000,000
2000 280,856,000,000
2001 295,370,000,000
2002 269,834,000,000
2003 254,428,000,000
2004 307,512,000,000
2005 355,551,000,000
2006 406,418,000,000
2007 461,178,000,000
2008 490,847,000,000
2009 473,864,000,000
2010 470,221,000,000
2011 493,558,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts