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

Latest (2011)
70.5%
Change on year
up 1.4%
World rank
12th
of 44 countries
All-time high
70.5%
in 2011
All-time low
35.1%
in 1951
Years of data
62
1950–2011

Share of workers employed in services vs. GDP per capita in Venezuela, 1950–2011

020406080195019802011

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 9 Japan 72.7% compare
  2. 10 Sweden 72.1% compare
  3. 11 Singapore 70.9% compare
  4. 13 Finland 69.9% compare
  5. 14 Chile 69.8% compare
  6. 15 Italy 69.6% compare

See the full ranking of 44 places →

More work & labour data for Venezuela

All data for Venezuela →

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.

Download this data

CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Share of workers employed in services vs. GDP per capita
Unit
%
Source
Herrendorf et al. and Groningen Growth and Development Centre (2015) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
44 places, 2,481 data points, 1801–2015
Last refreshed

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.