Price level ratio of PPP conversion factor (GDP) to market exchange in Venezuela

Venezuela: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.625 in 2011. ▲ Rising

Latest (2011)
0.625
Change on year
down 24.3%
World rank
56th
of 202 countries
All-time high
0.8257
in 2010
All-time low
0.2462
in 1994
Years of data
22
1990–2011

Price level ratio of PPP conversion factor (GDP) to market exchange in Venezuela, 1990–2011

0.20.40.60.81990200020111990: 0.2581991: 0.251992: 0.2611993: 0.2521994: 0.2461995: 0.3071996: 0.2761997: 0.311998: 0.3251999: 0.3662000: 0.4132001: 0.4092002: 0.3342003: 0.322004: 0.3542005: 0.4032006: 0.4482007: 0.5042008: 0.6442009: 0.6912010: 0.8262011: 0.625

Source: UNESCO Institute for Statistics.

Analysis

In 2011, price level ratio of ppp conversion factor (gdp) to market exchange in Venezuela stood at 0.625.

That represents a change of down 24.3% on the previous year and up 52.7% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Venezuela peaked at 0.8257 in 2010 and was at its lowest, 0.2462, in 1994.

Venezuela ranks 56th of 202 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 22 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Venezuela, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Venezuela, 1990 to 2011.
Year Value Change
1990 0.2581 —
1991 0.2502 -3.1%
1992 0.2607 +4.2%
1993 0.2524 -3.2%
1994 0.2462 -2.4%
1995 0.3074 +24.8%
1996 0.2757 -10.3%
1997 0.31 +12.5%
1998 0.3253 +4.9%
1999 0.3659 +12.5%
2000 0.4126 +12.8%
2001 0.4094 -0.8%
2002 0.3343 -18.3%
2003 0.3199 -4.3%
2004 0.3542 +10.7%
2005 0.4028 +13.7%
2006 0.4485 +11.3%
2007 0.5041 +12.4%
2008 0.6443 +27.8%
2009 0.6905 +7.2%
2010 0.8257 +19.6%
2011 0.625 -24.3%

Venezuela compared with similar countries

  • Venezuela's 0.625 is above the median for lower middle income countries, which is 0.327, 1.9× the median. (47 countries reporting)
  • Venezuela's 0.625 is above the median for Latin America & Caribbean, which is 0.5407, 1.2× the median. (39 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2852 0.2462 0.3659 10
2000s 0.4521 0.3199 0.6905 10
2010s 0.7253 0.625 0.8257 2

Countries ranked near Venezuela

  1. 53 Malta 0.6286 compare
  2. 54 Japan 0.6283 compare
  3. 55 Samoa 0.6251 compare
  4. 57 Kuwait 0.6239 compare
  5. 58 Spain 0.62 compare
  6. 59 Tonga 0.6194 compare

See the full ranking of 202 places →

More population data for Venezuela

All data for Venezuela →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Venezuela?
Price level ratio of ppp conversion factor (gdp) to market exchange in Venezuela was 0.625 in 2011, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Venezuela?
The highest recorded value was 0.8257 in 2010.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Venezuela?
The lowest recorded value was 0.2462 in 1994.
How does Venezuela rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Venezuela ranks 56th out of 202 countries with data for 2011.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Venezuela?
Over the last ten years it is up 52.7%. The long-run trend across the full record is rising.
Where does this Venezuela data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Venezuela. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 12 November 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/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