GITNUX MARKETDATA REPORT 2024

Must-Know Venezuela Statistics [Recent Analysis]

Highlights: Venezuela Statistics

  • Venezuela has a population of approximately 28.44 million people as of 2021.
  • Venezuela has the largest proven oil reserves in the world, at 303.81 billion barrels.
  • Venezuela’s GDP in 2020 was $48.11 billion, making it the 74th largest economy in the world.
  • Venezuela has a high crime rate, with 60.3 homicides per 100,000 population in 2020.
  • The estimated unemployment rate in Venezuela in 2020 was 46.92%.
  • The average individual income in Venezuela has decreased around 60%, from $7826.54 in 2000 to $2447.22 in 2020.
  • About 88.50% of Venezuela’s population is urban as of 2021.
  • Venezuela experienced a steep decline in its Human Development Index (HDI), ranking 148th out of 189 countries in 2019.
  • The number of undernourished people in Venezuela increased from 2.25 million in 2012 to 9.25 million in 2020.
  • The life expectancy at birth in Venezuela as of 2019 is 72.9 years, ranking it 123rd in the world.
  • Venezuela ranked 176 out of 180 countries in the 2021 World Press Freedom Index.
  • In 2020, 17.3% of households in Venezuela experienced severe food insecurity.
  • As of 2020, 64% of the Venezuelan population was using the internet.

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Venezuela is a country with an incredibly diverse population, economy, and culture. It has the largest proven oil reserves in the world and yet its citizens are facing extreme poverty levels due to hyperinflation. This blog post will explore some of Venezuela’s key statistics related to population size, inflation rate, GDP growth rate, unemployment rate, life expectancy at birth as well as other important indicators such as internet usage and press freedom index. We’ll also look into how these figures have changed over time since 2000 up until 2020. By understanding this data we can gain insight into what challenges Venezuelans face today and how they may be addressed in the future.

The Most Important Statistics
Venezuela has a population of approximately 28.44 million people as of 2021. The sheer size of Venezuela’s population is a testament to the country’s importance in the region. With 28.44 million people, Venezuela is one of the most populous countries in South America, and its population is a major factor in the country’s economic and political influence. This statistic is a key indicator of the country’s potential and its importance in the region. Venezuela has the largest proven oil reserves in the world, at 303.81 billion barrels. The fact that Venezuela has the largest proven oil reserves in the world is a significant statistic, as it speaks to the country’s potential for economic growth and stability. With such a vast amount of oil reserves, Venezuela has the potential to become a major player in the global energy market, providing a much-needed source of income and jobs for its citizens. Additionally, the country’s oil reserves could be used to fund social and infrastructure projects, helping to improve the quality of life for Venezuelans.

Venezuela Statistics Overview

Venezuela’s GDP in 2020 was $48.11 billion, making it the 74th largest economy in the world.

The fact that Venezuela’s GDP in 2020 was $48.11 billion, placing it as the 74th largest economy in the world, is a telling indication of the country’s economic standing. This statistic serves as a stark reminder of the economic struggles that Venezuela has faced in recent years, and the need for the country to take steps to improve its economic situation.

Venezuela has a high crime rate, with 60.3 homicides per 100,000 population in 2020.

The alarming statistic of 60.3 homicides per 100,000 population in 2020 serves as a stark reminder of the dire situation in Venezuela. This figure highlights the prevalence of crime in the country, and the need for urgent action to address the issue.

The estimated unemployment rate in Venezuela in 2020 was 46.92%.

The estimated unemployment rate in Venezuela in 2020 paints a stark picture of the economic situation in the country. It is a stark reminder of the hardships faced by the people of Venezuela, and the need for economic reform and stability. This statistic is a powerful indicator of the struggles that Venezuelans are facing, and serves as a call to action for those who are in a position to help.

The average individual income in Venezuela has decreased around 60%, from $7826.54 in 2000 to $2447.22 in 2020.

This statistic paints a stark picture of the economic situation in Venezuela, highlighting the dramatic decline in individual income over the past two decades. It serves as a reminder of the immense hardship faced by the people of Venezuela, and the urgent need for economic reform.

About 88.50% of Venezuela’s population is urban as of 2021.

This statistic is a telling indication of the state of Venezuela’s population, as it reveals that the majority of the population is concentrated in urban areas. This has significant implications for the country’s infrastructure, economy, and social services, as the government must provide for a large number of people in a relatively small area. Additionally, this statistic can be used to understand the overall quality of life in Venezuela, as urban areas tend to have higher levels of poverty and inequality than rural areas.

Venezuela experienced a steep decline in its Human Development Index (HDI), ranking 148th out of 189 countries in 2019.

This statistic is a stark reminder of the dire state of Venezuela’s human development. It paints a picture of a country that has been unable to provide its citizens with the basic necessities of life, such as access to education, healthcare, and economic opportunities. This statistic serves as a reminder of the immense challenges that the Venezuelan people face, and the urgent need for the government to take action to improve the lives of its citizens.

The number of undernourished people in Venezuela increased from 2.25 million in 2012 to 9.25 million in 2020.

This statistic is a stark reminder of the dire situation in Venezuela. It paints a picture of the immense suffering of the Venezuelan people, with the number of undernourished people more than quadrupling in just eight years. This is a clear indication of the immense economic and social crisis that the country is facing, and serves as a call to action for the international community to take action to help the Venezuelan people.

The life expectancy at birth in Venezuela as of 2019 is 72.9 years, ranking it 123rd in the world.

This statistic serves as a stark reminder of the dire state of affairs in Venezuela. With a life expectancy at birth ranking 123rd in the world, it paints a picture of a country struggling to provide its citizens with the basic necessities for a healthy life.

Venezuela ranked 176 out of 180 countries in the 2021 World Press Freedom Index.

This statistic is a stark reminder of the lack of press freedom in Venezuela. It paints a picture of a country where the media is heavily restricted and journalists are unable to report freely and without fear of repercussions. This lack of press freedom has a direct impact on the public’s access to accurate and unbiased information, which can have a detrimental effect on the country’s democracy and development.

In 2020, 17.3% of households in Venezuela experienced severe food insecurity.

This statistic is a stark reminder of the dire situation in Venezuela. It paints a vivid picture of the immense suffering that the people of Venezuela are facing due to the country’s economic crisis. It highlights the need for urgent action to be taken to address the food insecurity crisis in the country.

As of 2020, 64% of the Venezuelan population was using the internet.

This statistic is indicative of the fact that the Venezuelan population is increasingly connected to the digital world. It shows that the country is making strides in terms of internet access, which can open up a world of opportunities for its citizens. This could mean more access to information, better communication, and more opportunities for economic growth. In short, this statistic is a sign of progress for Venezuela.

Conclusion

Venezuela is a country with many challenges, both economically and socially. With an estimated population of 28.44 million people in 2021, Venezuela has the largest proven oil reserves in the world at 303.81 billion barrels but also one of the highest inflation rates at 1,698.46% as of April 2021 and a poverty rate over 90%. The average individual income has decreased around 60%, from $7826.54 to $2447.22 between 2000 and 2020 respectively; while unemployment stands at 46.92%. Additionally, crime levels are high with 60 homicides per 100 000 inhabitants reported for 2020; 88% percent of Venezuelans live in urban areas; life expectancy is 72 years old (123rd rank); press freedom index ranks 176th out of 180 countries worldwide; 17% households experienced severe food insecurity last year and 94 % gross enrollment ratio was recorded for primary secondary tertiary education during 2019-2020 period . Finally , GDP growth contracted by 25 % while internet user penetration reached 64 % . All these facts demonstrate that despite its natural resources wealth , Venezuela faces serious economic difficulties which have been exacerbated by political instability since 2014 leading to massive emigration flows towards other countries

References

0. – https://www.wfp.org

1. – https://www.ceicdata.com

2. – https://www.statista.com

3. – https://www.worldatlas.com

4. – https://www.data.worldbank.org

5. – https://www.worldometers.info

6. – https://www.hdr.undp.org

7. – https://www.rsf.org

8. – https://www.worldbank.org

 

FAQs

What is the population of Venezuela as of 2021?

Approximately 28.44 million people

What is the official language of Venezuela?

Spanish

Which type of government does Venezuela have?

Federal presidential constitutional republic

What is the currency used in Venezuela?

Venezuelan Bolivar (VES)

Who is the current president of Venezuela?

Nicolás Maduro

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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