Productivity vs. educational attainment in Venezuela
Venezuela: Productivity vs. educational attainment was 18.44 international-$ in 2021 prices per hour in 2014. ▲ Rising
Latest (2014)
18.44 international-$ in 2021 prices per hour
Change on year
down 34.2%
World rank
79th
of 130 countries
All-time high
30.06 international-$ in 2021 prices per hour
in 2012
All-time low
9.73 international-$ in 2021 prices per hour
in 1950
Years of data
65
1950–2014
Productivity vs. educational attainment in Venezuela, 1950–2014
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices per hour.
Analysis
The most recent figure for productivity vs. educational attainment in Venezuela is 18.44 international-$ in 2021 prices per hour, measured in 2014.
The figure is down 34.2% on the previous year and up 29.5% over ten years.
Over the whole period, productivity vs. educational attainment in Venezuela peaked at 30.06 international-$ in 2021 prices per hour in 2012 and was at its lowest, 9.73 international-$ in 2021 prices per hour, in 1950.
Venezuela ranks 79th of 130 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Productivity vs. educational attainment in Venezuela, year by year
| Year | international-$ in 2021 prices per hour | Change |
|---|---|---|
| 1950 | 9.73 international-$ in 2021 prices per hour | — |
| 1951 | 10.48 international-$ in 2021 prices per hour | +7.7% |
| 1952 | 11.68 international-$ in 2021 prices per hour | +11.4% |
| 1953 | 11.75 international-$ in 2021 prices per hour | +0.6% |
| 1954 | 12.66 international-$ in 2021 prices per hour | +7.7% |
| 1955 | 13.14 international-$ in 2021 prices per hour | +3.8% |
| 1956 | 13.83 international-$ in 2021 prices per hour | +5.3% |
| 1957 | 14.83 international-$ in 2021 prices per hour | +7.2% |
| 1958 | 15.29 international-$ in 2021 prices per hour | +3.1% |
| 1959 | 15.63 international-$ in 2021 prices per hour | +2.2% |
| 1960 | 14.39 international-$ in 2021 prices per hour | -7.9% |
| 1961 | 14.5 international-$ in 2021 prices per hour | +0.7% |
| 1962 | 15.2 international-$ in 2021 prices per hour | +4.8% |
| 1963 | 15.93 international-$ in 2021 prices per hour | +4.8% |
| 1964 | 17.29 international-$ in 2021 prices per hour | +8.5% |
| 1965 | 17.46 international-$ in 2021 prices per hour | +1.0% |
| 1966 | 17.2 international-$ in 2021 prices per hour | -1.5% |
| 1967 | 17.42 international-$ in 2021 prices per hour | +1.3% |
| 1968 | 18.95 international-$ in 2021 prices per hour | +8.8% |
| 1969 | 19.63 international-$ in 2021 prices per hour | +3.6% |
| 1970 | 21.64 international-$ in 2021 prices per hour | +10.3% |
| 1971 | 20.2 international-$ in 2021 prices per hour | -6.7% |
| 1972 | 20.2 international-$ in 2021 prices per hour | -0.0% |
| 1973 | 21.56 international-$ in 2021 prices per hour | +6.7% |
| 1974 | 24.82 international-$ in 2021 prices per hour | +15.1% |
| 1975 | 23.64 international-$ in 2021 prices per hour | -4.8% |
| 1976 | 25.21 international-$ in 2021 prices per hour | +6.7% |
| 1977 | 25.54 international-$ in 2021 prices per hour | +1.3% |
| 1978 | 23.99 international-$ in 2021 prices per hour | -6.1% |
| 1979 | 24.6 international-$ in 2021 prices per hour | +2.6% |
| 1980 | 21.63 international-$ in 2021 prices per hour | -12.1% |
| 1981 | 20.96 international-$ in 2021 prices per hour | -3.1% |
| 1982 | 19.49 international-$ in 2021 prices per hour | -7.0% |
| 1983 | 19.79 international-$ in 2021 prices per hour | +1.5% |
| 1984 | 20.24 international-$ in 2021 prices per hour | +2.3% |
| 1985 | 18.62 international-$ in 2021 prices per hour | -8.0% |
| 1986 | 16.7 international-$ in 2021 prices per hour | -10.3% |
| 1987 | 16.19 international-$ in 2021 prices per hour | -3.0% |
| 1988 | 15.89 international-$ in 2021 prices per hour | -1.8% |
| 1989 | 14.98 international-$ in 2021 prices per hour | -5.7% |
| 1990 | 15.43 international-$ in 2021 prices per hour | +3.0% |
| 1991 | 15.95 international-$ in 2021 prices per hour | +3.4% |
| 1992 | 16.01 international-$ in 2021 prices per hour | +0.4% |
| 1993 | 14.97 international-$ in 2021 prices per hour | -6.5% |
| 1994 | 13.82 international-$ in 2021 prices per hour | -7.7% |
| 1995 | 13.83 international-$ in 2021 prices per hour | +0.1% |
| 1996 | 13.44 international-$ in 2021 prices per hour | -2.8% |
| 1997 | 12.94 international-$ in 2021 prices per hour | -3.7% |
| 1998 | 11.35 international-$ in 2021 prices per hour | -12.3% |
| 1999 | 11.88 international-$ in 2021 prices per hour | +4.7% |
| 2000 | 14.07 international-$ in 2021 prices per hour | +18.5% |
| 2001 | 13.13 international-$ in 2021 prices per hour | -6.7% |
| 2002 | 12.26 international-$ in 2021 prices per hour | -6.6% |
| 2003 | 11.97 international-$ in 2021 prices per hour | -2.3% |
| 2004 | 14.24 international-$ in 2021 prices per hour | +19.0% |
| 2005 | 17.61 international-$ in 2021 prices per hour | +23.7% |
| 2006 | 19.96 international-$ in 2021 prices per hour | +13.3% |
| 2007 | 22.53 international-$ in 2021 prices per hour | +12.9% |
| 2008 | 25.99 international-$ in 2021 prices per hour | +15.4% |
| 2009 | 22.29 international-$ in 2021 prices per hour | -14.2% |
| 2010 | 26.68 international-$ in 2021 prices per hour | +19.7% |
| 2011 | 29.28 international-$ in 2021 prices per hour | +9.7% |
| 2012 | 30.06 international-$ in 2021 prices per hour | +2.7% |
| 2013 | 28.04 international-$ in 2021 prices per hour | -6.7% |
| 2014 | 18.44 international-$ in 2021 prices per hour | -34.2% |
Venezuela compared with similar countries
- Venezuela's 18.44 international-$ in 2021 prices per hour is above the median for lower middle income countries, which is 8.22 international-$ in 2021 prices per hour, 2.2× the median. (26 countries reporting)
- Venezuela's 18.44 international-$ in 2021 prices per hour is below the median for Latin America & Caribbean, which is 19.38 international-$ in 2021 prices per hour, 95% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 12.9 international-$ in 2021 prices per hour | 9.73 international-$ in 2021 prices per hour | 15.63 international-$ in 2021 prices per hour | 10 |
| 1960s | 16.8 international-$ in 2021 prices per hour | 14.39 international-$ in 2021 prices per hour | 19.63 international-$ in 2021 prices per hour | 10 |
| 1970s | 23.14 international-$ in 2021 prices per hour | 20.2 international-$ in 2021 prices per hour | 25.54 international-$ in 2021 prices per hour | 10 |
| 1980s | 18.45 international-$ in 2021 prices per hour | 14.98 international-$ in 2021 prices per hour | 21.63 international-$ in 2021 prices per hour | 10 |
| 1990s | 13.96 international-$ in 2021 prices per hour | 11.35 international-$ in 2021 prices per hour | 16.01 international-$ in 2021 prices per hour | 10 |
| 2000s | 17.41 international-$ in 2021 prices per hour | 11.97 international-$ in 2021 prices per hour | 25.99 international-$ in 2021 prices per hour | 10 |
| 2010s | 26.5 international-$ in 2021 prices per hour | 18.44 international-$ in 2021 prices per hour | 30.06 international-$ in 2021 prices per hour | 5 |
Countries ranked near Venezuela
- 76 Thailand 19.04 international-$ in 2021 prices per hour compare
- 77 Ecuador 18.8 international-$ in 2021 prices per hour compare
- 78 Syria 18.45 international-$ in 2021 prices per hour compare
- 80 Botswana 18.36 international-$ in 2021 prices per hour compare
- 81 Albania 17.84 international-$ in 2021 prices per hour compare
- 82 China 17.69 international-$ in 2021 prices per hour compare
More education data for Venezuela
- Teachers in secondary education, both sexes (number), gaps filled 284,798 (2024)
- Repeaters in primary education, all grades, both sexes (number), gaps 15,774 (2024)
- Enrolment in pre-primary education, male (number), gaps filled 886,275 (2024)
- Enrolment in pre-primary education, female (number), gaps filled 788,599 (2024)
- Secondary education, pupils, gaps filled 2.70 million (2024)
- Primary education, duration (years), annual growth rate 0 % change on previous year (2025)
- Primary education, pupils, gaps filled 3.54 million (2024)
- Primary education, pupils, annual growth rate 0.0528 % change on previous year (2024)
- Primary education, pupils, per unit of GDP 0 units per US$ of GDP (2024)
- Primary education, pupils, per capita 0.1247 units per person (2024)
Frequently asked questions
- What is productivity vs. educational attainment in Venezuela?
- Productivity vs. educational attainment in Venezuela was 18.44 international-$ in 2021 prices per hour in 2014, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest productivity vs. educational attainment recorded in Venezuela?
- The highest recorded value was 30.06 international-$ in 2021 prices per hour in 2012.
- What is the lowest productivity vs. educational attainment recorded in Venezuela?
- The lowest recorded value was 9.73 international-$ in 2021 prices per hour in 1950.
- How does Venezuela rank for productivity vs. educational attainment?
- Venezuela ranks 79th out of 130 countries with data for 2014.
- Is productivity vs. educational attainment rising or falling in Venezuela?
- Over the last ten years it is up 29.5%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Productivity vs. educational attainment. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Productivity is calculated as GDP divided by the total number of hours worked in the economy. This data is adjusted for inflation and differences in living costs between countries.