28, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Venezuela (Venezuela (Bolivarian Republic of)) › Change country
Economic Indicator: GDP Share of World Total (PPP) › See all Venezuela indicators, › See GDP Share of World Total (PPP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Bolivar Fuerte
Currency Symbol: VEF

Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites. See notes for: Gross domestic product, current prices (National currency).

GDP Share of World Total (PPP) for Venezuela in year 2010 is 0.469 %

This makes Venezuela No. 34 in world rankings according to GDP Share of World Total (PPP) in year 2010. The world's average GDP Share of World Total (PPP) value is 1.62 %; Venezuela is 1.15 less than the average.

In the previous year, 2009, GDP Share of World Total (PPP) for Venezuela was 0.50 % GDP Share of World Total (PPP) for Venezuela in 2010 was or will be 5.63% less than it was or will be in 2009.

In the following or forecasted year, 2011, GDP Share of World Total (PPP) for Venezuela was or will be 0.45 %, which is 3.62% less than the 2010 figure.