Annual working hours vs gdp per capita pwt in Venezuela
Venezuela: Annual working hours vs gdp per capita pwt was 1,829 in 2014. ▼ Falling
Latest (2014)
1,829
Change on year
down 0.6%
World rank
81st
of 130 countries
All-time high
2,179
in 1950
All-time low
1,801
in 2003
Years of data
65
1950–2014
Annual working hours vs gdp per capita pwt in Venezuela, 1950–2014
Source: Our World in Data.
Analysis
In 2014, annual working hours vs gdp per capita pwt in Venezuela stood at 1,829.
Compared with earlier readings it is down 0.6% on the previous year and down 3.6% over ten years.
Over the whole period, annual working hours vs gdp per capita pwt in Venezuela peaked at 2,179 in 1950 and was at its lowest, 1,801, in 2003.
That places Venezuela 81st out of 130 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently falling across the 65 years of available data.
Annual working hours vs gdp per capita pwt in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1950 | 2,179 | — |
| 1951 | 2,163 | -0.7% |
| 1952 | 2,147 | -0.7% |
| 1953 | 2,131 | -0.7% |
| 1954 | 2,116 | -0.7% |
| 1955 | 2,100 | -0.7% |
| 1956 | 2,085 | -0.7% |
| 1957 | 2,069 | -0.7% |
| 1958 | 2,054 | -0.7% |
| 1959 | 2,039 | -0.7% |
| 1960 | 2,024 | -0.7% |
| 1961 | 2,017 | -0.4% |
| 1962 | 2,009 | -0.4% |
| 1963 | 2,002 | -0.4% |
| 1964 | 1,994 | -0.4% |
| 1965 | 1,987 | -0.4% |
| 1966 | 1,980 | -0.4% |
| 1967 | 1,973 | -0.4% |
| 1968 | 1,965 | -0.4% |
| 1969 | 1,958 | -0.4% |
| 1970 | 1,951 | -0.4% |
| 1971 | 1,956 | +0.2% |
| 1972 | 1,960 | +0.2% |
| 1973 | 1,965 | +0.2% |
| 1974 | 1,970 | +0.2% |
| 1975 | 1,974 | +0.2% |
| 1976 | 1,979 | +0.2% |
| 1977 | 1,983 | +0.2% |
| 1978 | 1,988 | +0.2% |
| 1979 | 1,992 | +0.2% |
| 1980 | 1,997 | +0.2% |
| 1981 | 1,986 | -0.6% |
| 1982 | 1,975 | -0.6% |
| 1983 | 1,964 | -0.6% |
| 1984 | 1,953 | -0.6% |
| 1985 | 1,943 | -0.6% |
| 1986 | 1,932 | -0.6% |
| 1987 | 1,921 | -0.6% |
| 1988 | 1,911 | -0.6% |
| 1989 | 1,900 | -0.6% |
| 1990 | 1,889 | -0.6% |
| 1991 | 1,878 | -0.6% |
| 1992 | 1,868 | -0.6% |
| 1993 | 1,889 | +1.1% |
| 1994 | 1,910 | +1.1% |
| 1995 | 1,915 | +0.3% |
| 1996 | 1,920 | +0.3% |
| 1997 | 1,926 | +0.3% |
| 1998 | 1,931 | +0.3% |
| 1999 | 1,887 | -2.3% |
| 2000 | 1,899 | +0.6% |
| 2001 | 1,869 | -1.5% |
| 2002 | 1,829 | -2.2% |
| 2003 | 1,801 | -1.5% |
| 2004 | 1,897 | +5.3% |
| 2005 | 1,923 | +1.4% |
| 2006 | 1,904 | -1.0% |
| 2007 | 1,878 | -1.4% |
| 2008 | 1,869 | -0.5% |
| 2009 | 1,862 | -0.4% |
| 2010 | 1,885 | +1.2% |
| 2011 | 1,862 | -1.2% |
| 2012 | 1,851 | -0.6% |
| 2013 | 1,840 | -0.6% |
| 2014 | 1,829 | -0.6% |
Venezuela compared with similar countries
- Venezuela's 1,829 is below the median for lower middle income countries, which is 2,182, 84% of the median. (26 countries reporting)
- Venezuela's 1,829 is below the median for Latin America & Caribbean, which is 1,965, 93% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 2,108 | 2,039 | 2,179 | 10 |
| 1960s | 1,991 | 1,958 | 2,024 | 10 |
| 1970s | 1,972 | 1,951 | 1,992 | 10 |
| 1980s | 1,948 | 1,900 | 1,997 | 10 |
| 1990s | 1,901 | 1,868 | 1,931 | 10 |
| 2000s | 1,873 | 1,801 | 1,923 | 10 |
| 2010s | 1,853 | 1,829 | 1,885 | 5 |
Countries ranked near Venezuela
- 78 Democratic Republic of Congo 1,841 compare
- 79 Cyprus 1,840 compare
- 80 Kyrgyzstan 1,830 compare
- 82 Romania 1,826 compare
- 83 Poland 1,807 compare
- 84 Madagascar 1,799 compare
More work & labour data for Venezuela
- Persons outside the labour force (ILO modelled estimates) 10,601 (2027)
- Labour force participation rate (ILO modelled estimates) 51.65 (2027)
- Labour force (ILO modelled estimates) 11,326 (2027)
- Unemployment rate (ILO modelled estimates) 5.73 (2027)
- Labour dependency ratio 1.69 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 30,625 (2027)
- Output per worker, GDP constant 2015 US $ 10,899 (2027)
- Employment-to-population ratio (ILO modelled estimates) 48.69 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.43 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.9762 % change on previous year (2027)
Frequently asked questions
- What is annual working hours vs gdp per capita pwt in Venezuela?
- Annual working hours vs gdp per capita pwt in Venezuela was 1,829 in 2014, according to Our World in Data.
- What is the highest annual working hours vs gdp per capita pwt recorded in Venezuela?
- The highest recorded value was 2,179 in 1950.
- What is the lowest annual working hours vs gdp per capita pwt recorded in Venezuela?
- The lowest recorded value was 1,801 in 2003.
- How does Venezuela rank for annual working hours vs gdp per capita pwt?
- Venezuela ranks 81st out of 130 countries with data for 2014.
- Is annual working hours vs gdp per capita pwt rising or falling in Venezuela?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from Our World in Data, published as part of Annual working hours vs gdp per capita pwt. Statizoid updates them automatically from the source API.
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