Extensive Margin, Theil index in Venezuela
Venezuela: Extensive Margin, Theil index was 1.1 in 2014. ▼ Falling
Extensive Margin, Theil index in Venezuela, 1962–2014
Source: International Monetary Fund.
Analysis
In 2014, extensive margin, theil index in Venezuela 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 peaked at 1.24 in 1962 and was at its lowest, 0.7343, in 1998.
Venezuela 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.
Extensive Margin, Theil index in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1962 | 1.24 | — |
| 1963 | 1.22 | -1.8% |
| 1964 | 1.24 | +1.2% |
| 1965 | 1.23 | -0.4% |
| 1966 | 1.22 | -0.8% |
| 1967 | 1.21 | -1.2% |
| 1968 | 1.21 | +0.5% |
| 1969 | 1.2 | -1.0% |
| 1970 | 1.2 | -0.4% |
| 1971 | 1.21 | +0.9% |
| 1972 | 1.17 | -2.7% |
| 1973 | 1.19 | +1.3% |
| 1974 | 1.21 | +1.4% |
| 1975 | 1.21 | +0.5% |
| 1976 | 1.21 | -0.1% |
| 1977 | 1.21 | +0.2% |
| 1978 | 1.21 | -0.6% |
| 1979 | 1.2 | -0.5% |
| 1980 | 1.21 | +0.5% |
| 1981 | 1.2 | -0.6% |
| 1982 | 1.2 | -0.2% |
| 1983 | 1.14 | -4.9% |
| 1984 | 1.15 | +1.5% |
| 1985 | 1.07 | -7.2% |
| 1986 | 1.07 | -0.1% |
| 1987 | 1.07 | +0.2% |
| 1988 | 1.03 | -4.2% |
| 1989 | 0.9684 | -5.7% |
| 1990 | 0.9561 | -1.3% |
| 1991 | 0.961 | +0.5% |
| 1992 | 0.9253 | -3.7% |
| 1993 | 0.8376 | -9.5% |
| 1994 | 0.7632 | -8.9% |
| 1995 | 0.7797 | +2.2% |
| 1996 | 0.819 | +5.0% |
| 1997 | 0.8042 | -1.8% |
| 1998 | 0.7343 | -8.7% |
| 1999 | 0.8279 | +12.7% |
| 2000 | 0.8321 | +0.5% |
| 2001 | 0.7831 | -5.9% |
| 2002 | 0.7424 | -5.2% |
| 2003 | 0.757 | +2.0% |
| 2004 | 0.777 | +2.6% |
| 2005 | 0.8101 | +4.3% |
| 2006 | 0.8882 | +9.6% |
| 2007 | 0.9397 | +5.8% |
| 2008 | 0.9937 | +5.7% |
| 2009 | 1.02 | +2.9% |
| 2010 | 1.13 | +10.9% |
| 2011 | 1.14 | +0.4% |
| 2012 | 1.15 | +1.3% |
| 2013 | 1.17 | +1.3% |
| 2014 | 1.1 | -5.9% |
Venezuela compared with similar countries
- Venezuela's 1.1 is above the median for lower middle income countries, which is 0.1387, 7.9× the median. (45 countries reporting)
- Venezuela's 1.1 is above the median for Latin America & Caribbean, which is 0.2702, 4.1× the median. (33 countries reporting)
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
More trade data for Venezuela
- Commodity Net Export Price Index, Individual Commodities Weighted by 66.89 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 89.43 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 89.16 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 63.86 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.69 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 84.73 (2025)
- Imports of low carbon technology products, Percent of GDP 0.9227 (2013)
- Imports of low carbon technology products, US dollar (World), per 79.87 units per person (2013)
- Imports of low carbon technology products, US dollar (World), per 0.0092 units per US$ of GDP (2013)
- Exports of low carbon technology products, US dollar (World), gaps 20.55 million (2013)
Frequently asked questions
- What is extensive margin, theil index in Venezuela?
- Extensive margin, theil index in Venezuela was 1.1 in 2014, according to International Monetary Fund.
- What is the highest extensive margin, theil index recorded in Venezuela?
- The highest recorded value was 1.24 in 1962.
- What is the lowest extensive margin, theil index recorded in Venezuela?
- The lowest recorded value was 0.7343 in 1998.
- How does Venezuela rank for extensive margin, theil index?
- Venezuela ranks 16th out of 189 countries with data for 2014.
- Is extensive margin, theil index rising or falling in Venezuela?
- Over the last ten years it is up 41.6%. The long-run trend across the full record is falling.
- Where does this Venezuela 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.
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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.