GDP (current LCU), per unit of GDP in Venezuela
Venezuela: GDP (current LCU), per unit of GDP was 14.11 current LCU per US$ of GDP in 2014. ◆ Volatile
GDP (current LCU), per unit of GDP in Venezuela, 1970–2014
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gdp (current lcu), per unit of gdp in Venezuela is 14.11 current LCU per US$ of GDP, measured in 2014. That is the highest value across all 45 years on record.
The figure is up 62.4% on the previous year and up 646.0% over ten years.
Over the whole period, gdp (current lcu), per unit of gdp in Venezuela peaked at 14.11 current LCU per US$ of GDP in 2014 and was at its lowest, 0.0043 current LCU per US$ of GDP, in 1975.
That places Venezuela 103rd out of 211 countries with data for 2014, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), per unit of GDP in Venezuela, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0045 current LCU per US$ of GDP | — |
| 1971 | 0.0044 current LCU per US$ of GDP | -2.2% |
| 1972 | 0.0044 current LCU per US$ of GDP | +0.0% |
| 1973 | 0.0043 current LCU per US$ of GDP | -2.3% |
| 1974 | 0.0043 current LCU per US$ of GDP | +0.0% |
| 1975 | 0.0043 current LCU per US$ of GDP | -0.0% |
| 1976 | 0.0043 current LCU per US$ of GDP | +0.0% |
| 1977 | 0.0043 current LCU per US$ of GDP | +0.0% |
| 1978 | 0.0043 current LCU per US$ of GDP | +0.0% |
| 1979 | 0.0043 current LCU per US$ of GDP | +0.0% |
| 1980 | 0.0043 current LCU per US$ of GDP | +0.0% |
| 1981 | 0.0043 current LCU per US$ of GDP | +0.0% |
| 1982 | 0.0043 current LCU per US$ of GDP | +0.0% |
| 1983 | 0.0043 current LCU per US$ of GDP | +0.0% |
| 1984 | 0.007 current LCU per US$ of GDP | +63.2% |
| 1985 | 0.0075 current LCU per US$ of GDP | +6.9% |
| 1986 | 0.0081 current LCU per US$ of GDP | +7.8% |
| 1987 | 0.0145 current LCU per US$ of GDP | +79.4% |
| 1988 | 0.0145 current LCU per US$ of GDP | +0.0% |
| 1989 | 0.0347 current LCU per US$ of GDP | +139.3% |
| 1990 | 0.0469 current LCU per US$ of GDP | +35.2% |
| 1991 | 0.0568 current LCU per US$ of GDP | +21.2% |
| 1992 | 0.0684 current LCU per US$ of GDP | +20.3% |
| 1993 | 0.0908 current LCU per US$ of GDP | +32.8% |
| 1994 | 0.1485 current LCU per US$ of GDP | +63.5% |
| 1995 | 0.1768 current LCU per US$ of GDP | +19.1% |
| 1996 | 0.4173 current LCU per US$ of GDP | +136.0% |
| 1997 | 0.4886 current LCU per US$ of GDP | +17.1% |
| 1998 | 0.5476 current LCU per US$ of GDP | +12.1% |
| 1999 | 0.6057 current LCU per US$ of GDP | +10.6% |
| 2000 | 0.68 current LCU per US$ of GDP | +12.3% |
| 2001 | 0.7237 current LCU per US$ of GDP | +6.4% |
| 2002 | 1.16 current LCU per US$ of GDP | +60.4% |
| 2003 | 1.61 current LCU per US$ of GDP | +38.3% |
| 2004 | 1.89 current LCU per US$ of GDP | +17.8% |
| 2005 | 2.09 current LCU per US$ of GDP | +10.5% |
| 2006 | 2.15 current LCU per US$ of GDP | +2.7% |
| 2007 | 2.15 current LCU per US$ of GDP | +0.0% |
| 2008 | 2.14 current LCU per US$ of GDP | -0.1% |
| 2009 | 2.14 current LCU per US$ of GDP | +0.0% |
| 2010 | 2.59 current LCU per US$ of GDP | +20.6% |
| 2011 | 4.29 current LCU per US$ of GDP | +65.9% |
| 2012 | 4.4 current LCU per US$ of GDP | +2.5% |
| 2013 | 8.69 current LCU per US$ of GDP | +97.5% |
| 2014 | 14.11 current LCU per US$ of GDP | +62.4% |
Venezuela compared with similar countries
- Venezuela's 14.11 current LCU per US$ of GDP is below the median for lower middle income countries, which is 88.02 current LCU per US$ of GDP, 16% of the median. (47 countries reporting)
- Venezuela's 14.11 current LCU per US$ of GDP is above the median for Latin America & Caribbean, which is 3.25 current LCU per US$ of GDP, 4.3× the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), per unit of GDP in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +139.3% | 0.0145 current LCU per US$ of GDP | 0.0347 current LCU per US$ of GDP |
| 1996 | +136.0% | 0.1768 current LCU per US$ of GDP | 0.4173 current LCU per US$ of GDP |
| 2013 | +97.5% | 4.4 current LCU per US$ of GDP | 8.69 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0043 current LCU per US$ of GDP | 0.0043 current LCU per US$ of GDP | 0.0045 current LCU per US$ of GDP | 10 |
| 1980s | 0.0103 current LCU per US$ of GDP | 0.0043 current LCU per US$ of GDP | 0.0347 current LCU per US$ of GDP | 10 |
| 1990s | 0.2648 current LCU per US$ of GDP | 0.0469 current LCU per US$ of GDP | 0.6057 current LCU per US$ of GDP | 10 |
| 2000s | 1.67 current LCU per US$ of GDP | 0.68 current LCU per US$ of GDP | 2.15 current LCU per US$ of GDP | 10 |
| 2010s | 6.81 current LCU per US$ of GDP | 2.59 current LCU per US$ of GDP | 14.11 current LCU per US$ of GDP | 5 |
Countries ranked near Venezuela
- 100 Maldives 15.2 current LCU per US$ of GDP compare
- 101 Seychelles 14.13 current LCU per US$ of GDP compare
- 102 Ghana 14.12 current LCU per US$ of GDP compare
- 104 Botswana 13.64 current LCU per US$ of GDP compare
- 105 Sweden 10.66 current LCU per US$ of GDP compare
- 106 Tajikistan 10.63 current 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 (current lcu), per unit of gdp in Venezuela?
- Gdp (current lcu), per unit of gdp in Venezuela was 14.11 current LCU per US$ of GDP in 2014, according to Statizoid (derived).
- What is the highest gdp (current lcu), per unit of gdp recorded in Venezuela?
- The highest recorded value was 14.11 current LCU per US$ of GDP in 2014.
- What is the lowest gdp (current lcu), per unit of gdp recorded in Venezuela?
- The lowest recorded value was 0.0043 current LCU per US$ of GDP in 1975.
- How does Venezuela rank for gdp (current lcu), per unit of gdp?
- Venezuela ranks 103rd out of 211 countries with data for 2014.
- Is gdp (current lcu), per unit of gdp rising or falling in Venezuela?
- Over the last ten years it is up 646.0%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (current LCU) ÷ GDP (current US$)
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 (current 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.