GDP (constant LCU), per unit of GDP in Venezuela
Venezuela: GDP (constant LCU), per unit of GDP was 0.2784 constant LCU per US$ of GDP in 2014. ◆ Volatile
GDP (constant LCU), per unit of GDP in Venezuela, 1970–2014
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gdp (constant lcu), per unit of gdp in Venezuela is 0.2784 constant LCU per US$ of GDP, measured in 2014.
The figure is up 15.6% on the previous year and down 25.8% over ten years.
Over the whole period, gdp (constant lcu), per unit of gdp in Venezuela peaked at 2.04 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.1419 constant LCU per US$ of GDP, in 2010.
That places Venezuela 208th out of 211 countries with data for 2014, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), per unit of GDP in Venezuela, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 2.04 constant LCU per US$ of GDP | — |
| 1971 | 1.84 constant LCU per US$ of GDP | -9.7% |
| 1972 | 1.73 constant LCU per US$ of GDP | -5.9% |
| 1973 | 1.52 constant LCU per US$ of GDP | -12.1% |
| 1974 | 1.01 constant LCU per US$ of GDP | -33.4% |
| 1975 | 0.9922 constant LCU per US$ of GDP | -2.2% |
| 1976 | 0.9343 constant LCU per US$ of GDP | -5.8% |
| 1977 | 0.8615 constant LCU per US$ of GDP | -7.8% |
| 1978 | 0.8121 constant LCU per US$ of GDP | -5.7% |
| 1979 | 0.6659 constant LCU per US$ of GDP | -18.0% |
| 1980 | 0.5202 constant LCU per US$ of GDP | -21.9% |
| 1981 | 0.4619 constant LCU per US$ of GDP | -11.2% |
| 1982 | 0.4429 constant LCU per US$ of GDP | -4.1% |
| 1983 | 0.4274 constant LCU per US$ of GDP | -3.5% |
| 1984 | 0.4893 constant LCU per US$ of GDP | +14.5% |
| 1985 | 0.4736 constant LCU per US$ of GDP | -3.2% |
| 1986 | 0.5165 constant LCU per US$ of GDP | +9.1% |
| 1987 | 0.6741 constant LCU per US$ of GDP | +30.5% |
| 1988 | 0.5689 constant LCU per US$ of GDP | -15.6% |
| 1989 | 0.7195 constant LCU per US$ of GDP | +26.5% |
| 1990 | 0.6862 constant LCU per US$ of GDP | -4.6% |
| 1991 | 0.6847 constant LCU per US$ of GDP | -0.2% |
| 1992 | 0.6425 constant LCU per US$ of GDP | -6.2% |
| 1993 | 0.6483 constant LCU per US$ of GDP | +0.9% |
| 1994 | 0.6506 constant LCU per US$ of GDP | +0.4% |
| 1995 | 0.5105 constant LCU per US$ of GDP | -21.5% |
| 1996 | 0.559 constant LCU per US$ of GDP | +9.5% |
| 1997 | 0.4886 constant LCU per US$ of GDP | -12.6% |
| 1998 | 0.4606 constant LCU per US$ of GDP | -5.7% |
| 1999 | 0.4037 constant LCU per US$ of GDP | -12.3% |
| 2000 | 0.3501 constant LCU per US$ of GDP | -13.3% |
| 2001 | 0.345 constant LCU per US$ of GDP | -1.5% |
| 2002 | 0.4161 constant LCU per US$ of GDP | +20.6% |
| 2003 | 0.4264 constant LCU per US$ of GDP | +2.5% |
| 2004 | 0.375 constant LCU per US$ of GDP | -12.0% |
| 2005 | 0.3197 constant LCU per US$ of GDP | -14.7% |
| 2006 | 0.2786 constant LCU per US$ of GDP | -12.9% |
| 2007 | 0.2413 constant LCU per US$ of GDP | -13.4% |
| 2008 | 0.1852 constant LCU per US$ of GDP | -23.2% |
| 2009 | 0.1718 constant LCU per US$ of GDP | -7.3% |
| 2010 | 0.1419 constant LCU per US$ of GDP | -17.4% |
| 2011 | 0.1837 constant LCU per US$ of GDP | +29.4% |
| 2012 | 0.1651 constant LCU per US$ of GDP | -10.1% |
| 2013 | 0.2407 constant LCU per US$ of GDP | +45.8% |
| 2014 | 0.2784 constant LCU per US$ of GDP | +15.6% |
Venezuela compared with similar countries
- Venezuela's 0.2784 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 45.69 constant LCU per US$ of GDP, 1% of the median. (47 countries reporting)
- Venezuela's 0.2784 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 2.11 constant LCU per US$ of GDP, 13% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.24 constant LCU per US$ of GDP | 0.6659 constant LCU per US$ of GDP | 2.04 constant LCU per US$ of GDP | 10 |
| 1980s | 0.5294 constant LCU per US$ of GDP | 0.4274 constant LCU per US$ of GDP | 0.7195 constant LCU per US$ of GDP | 10 |
| 1990s | 0.5735 constant LCU per US$ of GDP | 0.4037 constant LCU per US$ of GDP | 0.6862 constant LCU per US$ of GDP | 10 |
| 2000s | 0.3109 constant LCU per US$ of GDP | 0.1718 constant LCU per US$ of GDP | 0.4264 constant LCU per US$ of GDP | 10 |
| 2010s | 0.202 constant LCU per US$ of GDP | 0.1419 constant LCU per US$ of GDP | 0.2784 constant LCU per US$ of GDP | 5 |
Countries ranked near Venezuela
- 205 Azerbaijan 0.4491 constant LCU per US$ of GDP compare
- 206 Oman 0.3575 constant LCU per US$ of GDP compare
- 207 Bahrain 0.3219 constant LCU per US$ of GDP compare
- 209 Kuwait 0.2507 constant LCU per US$ of GDP compare
- 210 Sudan 0.2397 constant LCU per US$ of GDP compare
- 211 Zimbabwe 0.0023 constant LCU per US$ of GDP compare
More population data for Venezuela
- Population regions with projections, annual growth rate -0.5136 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.187 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.5136 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.4023 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 35,937 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.11 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.8093 % change on previous year (2100)
- World population growth -0.5% (2100)
- Population density 32.06 people per km² (2100)
- Number of children under 5, by world region 1.32 million people (2100)
Frequently asked questions
- What is gdp (constant lcu), per unit of gdp in Venezuela?
- Gdp (constant lcu), per unit of gdp in Venezuela was 0.2784 constant LCU per US$ of GDP in 2014, according to Statizoid (derived).
- What is the highest gdp (constant lcu), per unit of gdp recorded in Venezuela?
- The highest recorded value was 2.04 constant LCU per US$ of GDP in 1970.
- What is the lowest gdp (constant lcu), per unit of gdp recorded in Venezuela?
- The lowest recorded value was 0.1419 constant LCU per US$ of GDP in 2010.
- How does Venezuela rank for gdp (constant lcu), per unit of gdp?
- Venezuela ranks 208th out of 211 countries with data for 2014.
- Is gdp (constant lcu), per unit of gdp rising or falling in Venezuela?
- Over the last ten years it is down 25.8%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (constant LCU) ÷ GDP (current US$)
Computed from
- GDP UNESCO Institute for Statistics
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.