Extensive Margin, Theil index in Venezuela, República Bolivariana de
Venezuela, República Bolivariana de: Extensive Margin, Theil index was 1.1 in 2014. ▼ Falling
Extensive Margin, Theil index in Venezuela, República Bolivariana de, 1962–2014
Source: International Monetary Fund.
Analysis
In 2014, extensive margin, theil index in Venezuela, República Bolivariana de stood at 1.1.
The figure is down 5.9% on the previous year and up 41.6% over ten years.
Over the whole period, extensive margin, theil index in Venezuela, República Bolivariana de peaked at 1.24 in 1962 and was at its lowest, 0.7343, in 1998.
Venezuela, República Bolivariana de ranks 16th of 189 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 53 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.22 | 1.2 | 1.24 | 8 |
| 1970s | 1.2 | 1.17 | 1.21 | 10 |
| 1980s | 1.11 | 0.9684 | 1.21 | 10 |
| 1990s | 0.8408 | 0.7343 | 0.961 | 10 |
| 2000s | 0.8546 | 0.7424 | 1.02 | 10 |
| 2010s | 1.14 | 1.1 | 1.17 | 5 |
Countries ranked near Venezuela, República Bolivariana de
More trade data for Venezuela, República Bolivariana de
- Export Diversification, Theil index 5.95 (2014)
- Intensive Margin, Theil index 4.85 (2014)
- Total current account debit/expenditure, Debit/Expenditure 33.80 billion (2016)
- Goods, Debit/Expenditure 16.34 billion (2016)
- Primary income, Debit/Expenditure 7.53 billion (2016)
- Services, Debit/Expenditure 9.47 billion (2016)
- Secondary income, Debit/Expenditure 470.00 million (2016)
- Total capital account debit/expenditure, Debit/Expenditure 3.98 billion (2015)
Frequently asked questions
- What is extensive margin, theil index in Venezuela, República Bolivariana de?
- Extensive margin, theil index in Venezuela, República Bolivariana de was 1.1 in 2014, according to International Monetary Fund.
- What is the highest extensive margin, theil index recorded in Venezuela, República Bolivariana de?
- The highest recorded value was 1.24 in 1962.
- What is the lowest extensive margin, theil index recorded in Venezuela, República Bolivariana de?
- The lowest recorded value was 0.7343 in 1998.
- How does Venezuela, República Bolivariana de rank for extensive margin, theil index?
- Venezuela, República Bolivariana de ranks 16th out of 189 countries with data for 2014.
- Is extensive margin, theil index rising or falling in Venezuela, República Bolivariana de?
- Over the last ten years it is up 41.6%. The long-run trend across the full record is falling.
- Where does this Venezuela, República Bolivariana de data come from?
- The figures come from International Monetary Fund, published as part of Extensive Margin, Theil index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Covers 200 countries with data from 1962 to 2014. It has three main indicators: the Export Diversification Index, which can be disaggregated into sub-indices covering the Extensive Margin and the Intensive Margin. As these are Theil indices, higher values for all three correspond to lower export diversification.