Getting electricity: Cost to get electricity in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Getting electricity: Cost to get electricity was 650.7% in 2019. ◆ Volatile
Getting electricity: Cost to get electricity in Venezuela, Bolivarian Republic of, 2009–2019
Source: World Bank. Measured in % of income per capita.
Analysis
Venezuela, Bolivarian Republic of recorded 650.7% for getting electricity: cost to get electricity in 2019.
That represents a change of up 39.8% on the previous year and down 56.5% over ten years.
Over the whole period, getting electricity: cost to get electricity in Venezuela, Bolivarian Republic of peaked at 18,867.2% in 2016 and was at its lowest, 465.3%, in 2018.
Venezuela, Bolivarian Republic of ranks 63rd of 189 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Getting electricity: Cost to get electricity in Venezuela, Bolivarian Republic of, year by year
| Year | % of income per capita | Change |
|---|---|---|
| 2009 | 1,494.5% | — |
| 2010 | 1,460.2% | -2.3% |
| 2011 | 1,341.1% | -8.2% |
| 2012 | 1,022.6% | -23.7% |
| 2013 | 1,133.7% | +10.9% |
| 2014 | 714.1% | -37.0% |
| 2015 | 1,783.3% | +149.7% |
| 2016 | 18,867.2% | +958.0% |
| 2017 | 16,713.5% | -11.4% |
| 2018 | 465.3% | -97.2% |
| 2019 | 650.7% | +39.8% |
Venezuela, Bolivarian Republic of compared with similar countries
- Venezuela, Bolivarian Republic of's 650.7% is below the median for lower middle income countries, which is 879.7%, 74% of the median. (47 countries reporting)
- Venezuela, Bolivarian Republic of's 650.7% is above the median for Latin America & Caribbean, which is 209.5%, 3.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,494.5% | 1,494.5% | 1,494.5% | 1 |
| 2010s | 4,415.2% | 465.3% | 18,867.2% | 10 |
Countries ranked near Venezuela, Bolivarian Republic of
- 60 Tanzania, United Republic of 690.8% compare
- 61 Kyrgyzstan 683.9% compare
- 62 Sri Lanka 663.5% compare
- 64 Bolivia, Plurinational State of 638.7% compare
- 65 Marshall Islands 637.9% compare
- 66 Ghana 632.0% compare
More private sector data for Venezuela, Bolivarian Republic of
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.58 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0863 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -40.13 % change on previous year (2025)
Frequently asked questions
- What is getting electricity: cost to get electricity in Venezuela, Bolivarian Republic of?
- Getting electricity: cost to get electricity in Venezuela, Bolivarian Republic of was 650.7% in 2019, according to the World Bank.
- What is the highest getting electricity: cost to get electricity recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 18,867.2% in 2016.
- What is the lowest getting electricity: cost to get electricity recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 465.3% in 2018.
- How does Venezuela, Bolivarian Republic of rank for getting electricity: cost to get electricity?
- Venezuela, Bolivarian Republic of ranks 63rd out of 189 countries with data for 2019.
- Is getting electricity: cost to get electricity rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 56.5%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from the World Bank, published as part of Getting electricity: Cost to get electricity (% of income per capita). Statizoid updates them automatically from the source API.
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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The cost is the total median cost associated with completing the procedures to connect a warehouse to electricity. It is calculated as a percentage of income per capita. All the fees and costs associated with completing the procedures to connect a warehouse to electricity are recorded, including those related to obtaining clearances from government agencies, applying for the connection, receiving inspections of both the site and the internal wiring, purchasing material, getting the actual connection works and paying a security deposit. Bribes are not included.