Kuwait vs Venezuela, Bolivarian Republic of: Price level ratio of PPP conversion factor (GDP) to market exchange

Kuwait
0.6239
in 2024
Venezuela, Bolivarian Republic of
0.625
in 2011
Kuwait rank
57th
Venezuela, Bolivarian Republic of rank
56th

Price level ratio of PPP conversion factor (GDP) to market exchange over time

  • Kuwait
  • Venezuela, Bolivarian Republic of
0.20.40.60.8199020072024

How they compare

Venezuela, Bolivarian Republic of currently reports 0.625 against 0.6239 in Kuwait, a difference of 0.0011.

The two have swapped places 5 times across 22 shared years of data; in 1990 it was Kuwait ahead.

Kuwait ranks 57th and Venezuela, Bolivarian Republic of ranks 56th of 202 countries.

Across the 3 decades both report, Kuwait averaged higher in 1 and Venezuela, Bolivarian Republic of in 2.

Head to head by decade

Decade Kuwait Venezuela, Bolivarian Republic of Difference Ahead
1990s 0.3032 0.2852 0.018 Kuwait
2000s 0.4113 0.4521 0.0407 Venezuela, Bolivarian Republic of
2010s 0.5718 0.7253 0.1535 Venezuela, Bolivarian Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher price level ratio of ppp conversion factor (gdp) to market exchange, Kuwait or Venezuela, Bolivarian Republic of?
Venezuela, Bolivarian Republic of, at 0.625 against 0.6239 in Kuwait as of 2011.
What is the difference in price level ratio of ppp conversion factor (gdp) to market exchange between Kuwait and Venezuela, Bolivarian Republic of?
0.0011, with Venezuela, Bolivarian Republic of ahead.
How many years of comparable data are there for Kuwait and Venezuela, Bolivarian Republic of?
22 years are reported by both, from 1990 to 2011.
How do Kuwait and Venezuela, Bolivarian Republic of rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
Kuwait ranks 57th and Venezuela, Bolivarian Republic of ranks 56th of 202 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kuwait vs Venezuela, Bolivarian Republic of: Price level ratio of PPP conversion factor (GDP) to market exchange. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 09 September 2026, from https://population.statizoid.com/compare/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/kuwait/venezuela-rb/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release