Share of workers employed in services vs. GDP per capita in Venezuela
Venezuela: Share of workers employed in services vs. GDP per capita was 70.5% in 2011. ▲ Rising
Share of workers employed in services vs. GDP per capita in Venezuela, 1950–2011
Source: Herrendorf et al. and Groningen Growth and Development Centre (2015) – processed by Our World in Data. Measured in %.
Analysis
In 2011, share of workers employed in services vs. gdp per capita in Venezuela stood at 70.5%. That is the highest value across all 62 years on record.
That represents a change of up 1.4% on the previous year and up 1.6% over ten years.
Over the whole period, share of workers employed in services vs. gdp per capita in Venezuela peaked at 70.5% in 2011 and was at its lowest, 35.1%, in 1951.
That places Venezuela 12th out of 44 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Share of workers employed in services vs. GDP per capita in Venezuela, year by year
| Year | % | Change |
|---|---|---|
| 1950 | 36.0% | — |
| 1951 | 35.1% | -2.5% |
| 1952 | 35.7% | +1.7% |
| 1953 | 37.8% | +5.9% |
| 1954 | 40.2% | +6.3% |
| 1955 | 41.1% | +2.2% |
| 1956 | 41.5% | +1.0% |
| 1957 | 43.7% | +5.3% |
| 1958 | 44.4% | +1.6% |
| 1959 | 45.3% | +2.0% |
| 1960 | 46.2% | +2.0% |
| 1961 | 46.5% | +0.6% |
| 1962 | 46.7% | +0.4% |
| 1963 | 47.4% | +1.5% |
| 1964 | 48.2% | +1.7% |
| 1965 | 48.9% | +1.5% |
| 1966 | 49.7% | +1.6% |
| 1967 | 50.0% | +0.6% |
| 1968 | 50.5% | +1.0% |
| 1969 | 51.4% | +1.8% |
| 1970 | 52.0% | +1.2% |
| 1971 | 52.4% | +0.8% |
| 1972 | 52.9% | +1.0% |
| 1973 | 53.5% | +1.1% |
| 1974 | 56.0% | +4.7% |
| 1975 | 58.1% | +3.8% |
| 1976 | 58.8% | +1.2% |
| 1977 | 59.3% | +0.9% |
| 1978 | 58.8% | -0.8% |
| 1979 | 59.6% | +1.4% |
| 1980 | 60.0% | +0.7% |
| 1981 | 60.0% | +0.0% |
| 1982 | 60.2% | +0.3% |
| 1983 | 60.4% | +0.3% |
| 1984 | 61.0% | +1.0% |
| 1985 | 61.0% | +0.0% |
| 1986 | 61.1% | +0.2% |
| 1987 | 62.3% | +2.0% |
| 1988 | 62.5% | +0.3% |
| 1989 | 63.6% | +1.8% |
| 1990 | 62.7% | -1.4% |
| 1991 | 61.6% | -1.8% |
| 1992 | 62.2% | +1.0% |
| 1993 | 63.5% | +2.1% |
| 1994 | 63.0% | -0.8% |
| 1995 | 63.8% | +1.3% |
| 1996 | 64.7% | +1.4% |
| 1997 | 65.0% | +0.5% |
| 1998 | 65.8% | +1.2% |
| 1999 | 67.7% | +2.9% |
| 2000 | 67.9% | +0.3% |
| 2001 | 69.4% | +2.2% |
| 2002 | 70.4% | +1.4% |
| 2003 | 70.3% | -0.1% |
| 2004 | 69.9% | -0.6% |
| 2005 | 70.1% | +0.3% |
| 2006 | 68.8% | -1.9% |
| 2007 | 68.5% | -0.4% |
| 2008 | 69.0% | +0.7% |
| 2009 | 69.1% | +0.1% |
| 2010 | 69.5% | +0.6% |
| 2011 | 70.5% | +1.4% |
Venezuela compared with similar countries
- Venezuela's 70.5% is above the median for lower middle income countries, which is 36.2%, 1.9× the median. (11 countries reporting)
- Venezuela's 70.5% is above the median for Latin America & Caribbean, which is 64.2%, 1.1× the median. (9 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 40.1% | 35.1% | 45.3% | 10 |
| 1960s | 48.5% | 46.2% | 51.4% | 10 |
| 1970s | 56.1% | 52.0% | 59.6% | 10 |
| 1980s | 61.2% | 60.0% | 63.6% | 10 |
| 1990s | 64.0% | 61.6% | 67.7% | 10 |
| 2000s | 69.3% | 67.9% | 70.4% | 10 |
| 2010s | 70.0% | 69.5% | 70.5% | 2 |
Countries ranked near Venezuela
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 share of workers employed in services vs. gdp per capita in Venezuela?
- Share of workers employed in services vs. gdp per capita in Venezuela was 70.5% in 2011, according to Herrendorf et al. and Groningen Growth and Development Centre (2015) – processed by Our World in Data.
- What is the highest share of workers employed in services vs. gdp per capita recorded in Venezuela?
- The highest recorded value was 70.5% in 2011.
- What is the lowest share of workers employed in services vs. gdp per capita recorded in Venezuela?
- The lowest recorded value was 35.1% in 1951.
- How does Venezuela rank for share of workers employed in services vs. gdp per capita?
- Venezuela ranks 12th out of 44 countries with data for 2011.
- Is share of workers employed in services vs. gdp per capita rising or falling in Venezuela?
- Over the last ten years it is up 1.6%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from Herrendorf et al. and Groningen Growth and Development Centre (2015) – processed by Our World in Data, published as part of Share of workers employed in services vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
The vertical axis shows historical estimates of the employment share in the service sector. The horizontal axis shows GDP per capita, adjusted for inflation and differences in living costs between countries.