Kuwait vs Venezuela: Price level ratio of PPP conversion factor (GDP) to market exchange
Kuwait
0.6239
in 2024
Venezuela
0.625
in 2011
Kuwait rank
57th
Venezuela rank
56th
Price level ratio of PPP conversion factor (GDP) to market exchange over time
- Kuwait
- Venezuela
How they compare
Venezuela 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 ranks 56th of 202 countries.
Across the 3 decades both report, Kuwait averaged higher in 1 and Venezuela in 2.
Head to head by decade
| Decade | Kuwait | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.3032 | 0.2852 | 0.018 | Kuwait |
| 2000s | 0.4113 | 0.4521 | 0.0407 | Venezuela |
| 2010s | 0.5718 | 0.7253 | 0.1535 | Venezuela |
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?
- Venezuela, 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?
- 0.0011, with Venezuela ahead.
- How many years of comparable data are there for Kuwait and Venezuela?
- 22 years are reported by both, from 1990 to 2011.
- How do Kuwait and Venezuela rank globally for price level ratio of ppp conversion factor (gdp) to market exchange?
- Kuwait ranks 57th and Venezuela 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.
Individual pages
About this data
February 2026 Data Release