Use of interpolation and extrapolation on original Gini coefficient in Venezuela

Venezuela: Use of interpolation and extrapolation on original Gini coefficient was 12,879 in 2017. ◆ Volatile

Latest (2017)
12,879
World rank
74th
of 160 countries
All-time high
17,106
in 2010
All-time low
968
in 1820
Years of data
15
1820–2017

Use of interpolation and extrapolation on original Gini coefficient data in Venezuela, 1820–2017

05.0k10.0k15.0k1820191820171820: 9681850: 1.9k1870: 1.8k1890: 2.7k1910: 1.7k1929: 2.9k1950: 8.5k1960: 12.1k1970: 15.3k1980: 16.3k1990: 13.3k2000: 14.0k2005: 14.9k2010: 17.1k2017: 12.9k

Source: Various sources (2020) – processed by Our World in Data.

Analysis

In 2017, use of interpolation and extrapolation on original gini coefficient data in Venezuela stood at 12,879.

The figure is down 13.8% over ten years.

Over the whole period, use of interpolation and extrapolation on original gini coefficient data in Venezuela peaked at 17,106 in 2010 and was at its lowest, 968, in 1820.

That places Venezuela 74th out of 160 countries with data for 2017, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Use of interpolation and extrapolation on original Gini coefficient in Venezuela, year by year

Annual values for Use of interpolation and extrapolation on original Gini coefficient data in Venezuela, 1820 to 2017.
Year Value Change
1820 968 —
1850 1,884 +94.6%
1870 1,769 -6.1%
1890 2,673 +51.1%
1910 1,674 -37.4%
1929 2,942 +75.7%
1950 8,462 +187.6%
1960 12,116 +43.2%
1970 15,289 +26.2%
1980 16,270 +6.4%
1990 13,251 -18.6%
2000 13,993 +5.6%
2005 14,944 +6.8%
2010 17,106 +14.5%
2017 12,879 -24.7%

Venezuela compared with similar countries

  • Venezuela's 12,879 is above the median for lower middle income countries, which is 4,205, 3.1× the median. (41 countries reporting)
  • Venezuela's 12,879 is above the median for Latin America & Caribbean, which is 12,007, 1.1× the median. (26 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1820s 968 968 968 1
1850s 1,884 1,884 1,884 1
1870s 1,769 1,769 1,769 1
1890s 2,673 2,673 2,673 1
1910s 1,674 1,674 1,674 1
1920s 2,942 2,942 2,942 1
1950s 8,462 8,462 8,462 1
1960s 12,116 12,116 12,116 1
1970s 15,289 15,289 15,289 1
1980s 16,270 16,270 16,270 1
1990s 13,251 13,251 13,251 1
2000s 14,468 13,993 14,944 2
2010s 14,992 12,879 17,106 2

Countries ranked near Venezuela

  1. 71 Iraq 13,211 compare
  2. 72 Libya 13,008 compare
  3. 73 Lebanon 12,881 compare
  4. 75 Mongolia 12,768 compare
  5. 76 North Macedonia 12,753 compare
  6. 77 China 12,734 compare

See the full ranking of 160 places →

More poverty & inequality data for Venezuela

All data for Venezuela →

Frequently asked questions

What is use of interpolation and extrapolation on original gini coefficient data in Venezuela?
Use of interpolation and extrapolation on original gini coefficient data in Venezuela was 12,879 in 2017, according to Various sources (2020) – processed by Our World in Data.
What is the highest use of interpolation and extrapolation on original gini coefficient data recorded in Venezuela?
The highest recorded value was 17,106 in 2010.
What is the lowest use of interpolation and extrapolation on original gini coefficient data recorded in Venezuela?
The lowest recorded value was 968 in 1820.
How does Venezuela rank for use of interpolation and extrapolation on original gini coefficient data?
Venezuela ranks 74th out of 160 countries with data for 2017.
Is use of interpolation and extrapolation on original gini coefficient data rising or falling in Venezuela?
Over the last ten years it is down 13.8%. The long-run trend across the full record is volatile.
Where does this Venezuela data come from?
The figures come from Various sources (2020) – processed by Our World in Data, published as part of Use of interpolation and extrapolation on original Gini coefficient data. Statizoid updates them automatically from the source API.

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Use of interpolation and extrapolation on original Gini coefficient data in Venezuela. Statizoid, drawing on Various sources (2020) – processed by Our World in Data. Retrieved 13 October 2026, from https://poverty.statizoid.com/stat/use-of-interpolation-and-extrapolation-on-gini-data/venezuela-rb/

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About this data

Indicator
Use of interpolation and extrapolation on original Gini coefficient data
Source
Various sources (2020) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 2,400 data points, 1820–2017
Last refreshed

In order to produce global estimates of historical poverty trends we have interpolated or extrapolated inequality data for missing observations. Green indicates observations of the Gini coefficient available in the original source.