South America > Venezuela > Economy

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Aid as % of GDP	0.1%		[122nd of 129]
Big Mac Index	$2.13		[39th of 65]
DEFINITION: Price of a McDonald's Big Mac in US Dollars at current exchange rates. January 12th, 2006.
SOURCE: calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC
Business efficiency	30.282		[51st of 51]
DEFINITION: Based upon a business efficiency index where '100' represents the highest level of business efficiency.
SOURCE: The Economist.
Economic freedom	1.5		[126th of 156]
DEFINITION: Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.
SOURCE: IMD International, 2005
Exports to US	$2,569,400,000.00		[23rd of 224]
DEFINITION: in US dollars. Jan 2003 - March 2003
SOURCE: The Heritage Foundation
GDP > PPP	$155,790,000,000.00		[49th of 163]
DEFINITION: Purchasing Power Parity (PPP) in Millions of International Dollars, 2004.
SOURCE: US Census Bureau
GDP growth > annual %	9.33 annual %		[10th of 187]
DEFINITION: Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.		View time series
SOURCE: World Bank. 2005. World Development Indicators 2005.
GDP per capita in 1900	$821.00		[29th of 39]
SOURCE: World Development Indicators database
GDP per capita in 1950	$7,424.00		[4th of 52]
SOURCE: Angus Maddison
GDP per capita in 1973	$10,717.00		[15th of 52]
SOURCE: Angus Maddison
GINI index	48.2		[11th of 40]
DEFINITION: Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.		View time series
SOURCE: Angus Maddison
Gross national income > constant LCU	62093840000000
DEFINITION: Gross national income is derived as the sum of GNP and the terms of trade adjustment. Data are in constant local currency.		View time series
SOURCE: World Development Indicators database
Human Development Index	0.772		[76th of 178]
DEFINITION: The human development index values in this table were calculated using a consistent methodology and consistent data series. They are not strictly comparable with those in earlier Human Development Reports.
SOURCE: World Development Indicators database
Income category	Upper middle income
DEFINITION: World Bank income categories are used
SOURCE: Human Development Report 2006, United Nations Development Programme
Income distribution > Poorest 10%	0.8%		[107th of 114]
DEFINITION: Share of income or consumption (%). The distribution of income is typically more unequal than the distribution of consumption.
SOURCE:
Income distribution > Richest 10%	36.5%		[28th of 114]
DEFINITION: Share of income or consumption (%). The distribution of income is typically more unequal than the distribution of consumption.
SOURCE: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC
Overall productivity > PPP	$13,042.30		[47th of 49]
DEFINITION: Estimates: GDP (PPP) per person employed, US$
SOURCE: World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC
Population under $1 a day	23		[28th of 59]
DEFINITION: Population below line - proportion receiving less than $1 per day in income (purchasing power parity). Data from most recent available between the period 1983 to 2000.
SOURCE: IMD International
Poverty > Share of all poor people	0.51 % of world's poor		[22nd of 80]
DEFINITION: The percentage of the world's total poor who live in each nation. 'Poor' here is defined as lving below the global poverty line of US$1 per day.
SOURCE: World Bank 2002b via backone.pdf
Research and development spending	0.3%		[53rd of 69]
DEFINITION: Research and development (R&D) expenditures for most recent year available between 1990 and 2000.
SOURCE: Country Responsibilities in Achieving the Millenium Development Goals", April 8 2003, by Janice Poling

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