Gender wage gap vs gdp per capita income groups in Venezuela
Venezuela: Gender wage gap vs gdp per capita income groups was 7.86 in 2017. ◆ Volatile
Gender wage gap vs gdp per capita income groups in Venezuela, 1989–2017
Source: Our World in Data.
Analysis
The most recent figure for gender wage gap vs gdp per capita income groups in Venezuela is 7.86, measured in 2017.
Compared with earlier readings it is down 5.6% on the previous year and up 611.5% over ten years.
Over the whole period, gender wage gap vs gdp per capita income groups in Venezuela peaked at 15.87 in 1998 and was at its lowest, -4.17, in 2005.
Venezuela ranks 32nd of 67 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gender wage gap vs gdp per capita income groups in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1989 | 11.78 | — |
| 1992 | 12.23 | +3.8% |
| 1995 | 13.21 | +8.0% |
| 1997 | 10.72 | -18.8% |
| 1998 | 15.87 | +48.0% |
| 1999 | 6.11 | -61.5% |
| 2000 | -3.75 | -161.4% |
| 2001 | 2.39 | -163.7% |
| 2002 | 1.9 | -20.5% |
| 2003 | 0.3 | -84.2% |
| 2004 | 0.77 | +156.7% |
| 2005 | -4.17 | -641.8% |
| 2006 | -2.2 | -47.2% |
| 2007 | -1.54 | -30.2% |
| 2008 | -1.1 | -28.1% |
| 2009 | -3.4 | +208.1% |
| 2010 | -1.67 | -50.8% |
| 2011 | -1.05 | -37.4% |
| 2012 | 0.416 | -139.7% |
| 2016 | 8.32 | +1899.8% |
| 2017 | 7.86 | -5.6% |
Venezuela compared with similar countries
- Venezuela's 7.86 is above the median for lower middle income countries, which is 4.9, 1.6× the median. (18 countries reporting)
- Venezuela's 7.86 is above the median for Latin America & Caribbean, which is 0.008, 982.1× the median. (19 countries reporting)
Biggest year-on-year movements
Years where Gender wage gap vs gdp per capita income groups in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +1899.8% | 0.416 | 8.32 |
| 2005 | -641.8% | 0.77 | -4.17 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11.78 | 11.78 | 11.78 | 1 |
| 1990s | 11.63 | 6.11 | 15.87 | 5 |
| 2000s | -1.08 | -4.17 | 2.39 | 10 |
| 2010s | 2.77 | -1.67 | 8.32 | 5 |
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 gender wage gap vs gdp per capita income groups in Venezuela?
- Gender wage gap vs gdp per capita income groups in Venezuela was 7.86 in 2017, according to Our World in Data.
- What is the highest gender wage gap vs gdp per capita income groups recorded in Venezuela?
- The highest recorded value was 15.87 in 1998.
- What is the lowest gender wage gap vs gdp per capita income groups recorded in Venezuela?
- The lowest recorded value was -4.17 in 2005.
- How does Venezuela rank for gender wage gap vs gdp per capita income groups?
- Venezuela ranks 32nd out of 67 countries with data for 2017.
- Is gender wage gap vs gdp per capita income groups rising or falling in Venezuela?
- Over the last ten years it is up 611.5%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Our World in Data, published as part of Gender wage gap vs gdp per capita income groups. Statizoid updates them automatically from the source API.
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