Bolivia (Plurinational State of) vs Venezuela (Bolivarian Republic of): Labor market, S1 - Valid grounds

Bolivia (Plurinational State of)
0.0436
in 2014
Venezuela (Bolivarian Republic of)
0.0503
in 2014
Bolivia (Plurinational State of) rank
90th
Venezuela (Bolivarian Republic of) rank
89th

Labor market, S1 - Valid grounds over time

  • Bolivia (Plurinational State of)
  • Venezuela (Bolivarian Republic of)
00.20.40.60.8197319932014

How they compare

Venezuela (Bolivarian Republic of) currently reports 0.0503 against 0.0436 in Bolivia (Plurinational State of), a difference of 0.0067.

That makes Venezuela (Bolivarian Republic of)'s figure about 1.2 times Bolivia (Plurinational State of)'s.

The two have swapped places 4 times across 42 shared years of data; in 1973 it was Venezuela (Bolivarian Republic of) ahead.

Bolivia (Plurinational State of) ranks 90th and Venezuela (Bolivarian Republic of) ranks 89th of 90 countries.

Across the 5 decades both report, Bolivia (Plurinational State of) averaged higher in 2 and Venezuela (Bolivarian Republic of) in 3.

Head to head by decade

Decade Bolivia (Plurinational State of) Venezuela (Bolivarian Republic of) Difference Ahead
1970s 0.7282 0.8154 0.0872 Venezuela (Bolivarian Republic of)
1980s 0.7765 0.8154 0.0389 Venezuela (Bolivarian Republic of)
1990s 0.849 0.8456 0.0034 Bolivia (Plurinational State of)
2000s 0.5268 0.2329 0.294 Bolivia (Plurinational State of)
2010s 0.0436 0.0638 0.0201 Venezuela (Bolivarian Republic of)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher labor market, s1 - valid grounds, Bolivia (Plurinational State of) or Venezuela (Bolivarian Republic of)?
Venezuela (Bolivarian Republic of), at 0.0503 against 0.0436 in Bolivia (Plurinational State of) as of 2014.
What is the difference in labor market, s1 - valid grounds between Bolivia (Plurinational State of) and Venezuela (Bolivarian Republic of)?
0.0067, with Venezuela (Bolivarian Republic of) ahead.
How many years of comparable data are there for Bolivia (Plurinational State of) and Venezuela (Bolivarian Republic of)?
42 years are reported by both, from 1973 to 2014.
How do Bolivia (Plurinational State of) and Venezuela (Bolivarian Republic of) rank globally for labor market, s1 - valid grounds?
Bolivia (Plurinational State of) ranks 90th and Venezuela (Bolivarian Republic of) ranks 89th of 90 countries.
Where does this data come from?
International Monetary Fund, published as Labor market, S1 - Valid grounds. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bolivia (Plurinational State of) vs Venezuela (Bolivarian Republic of): Labor market, S1 - Valid grounds. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://labour.statizoid.com/compare/labor-market-s1-valid-grounds/bolivia/venezuela-rb/

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About this data

Indicator
Labor market, S1 - Valid grounds
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
90 places, 3,515 data points, 1973–2014
Last refreshed

The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.