Getting electricity: Cost to get electricity (% of income per capita) in Venezuela
Venezuela: Getting electricity: Cost to get electricity (% of income per capita) was 650.7% in 2019. ◆ Volatile
Getting electricity: Cost to get electricity in Venezuela, 2009–2019
Source: World Bank. Measured in % of income per capita.
Analysis
Venezuela 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 peaked at 18,867.2% in 2016 and was at its lowest, 465.3%, in 2018.
Venezuela 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 (% of income per capita) in Venezuela, 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 compared with similar countries
- Venezuela's 650.7% is below the median for lower middle income countries, which is 879.7%, 74% of the median. (47 countries reporting)
- Venezuela'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
More private sector data for Venezuela
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Commercial service imports 5.95 billion current US$ (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Commercial service exports 1.12 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.58 current US$ per person (2025)
Frequently asked questions
- What is getting electricity: cost to get electricity in Venezuela?
- Getting electricity: cost to get electricity in Venezuela was 650.7% in 2019, according to the World Bank.
- What is the highest getting electricity: cost to get electricity recorded in Venezuela?
- The highest recorded value was 18,867.2% in 2016.
- What is the lowest getting electricity: cost to get electricity recorded in Venezuela?
- The lowest recorded value was 465.3% in 2018.
- How does Venezuela rank for getting electricity: cost to get electricity?
- Venezuela ranks 63rd out of 189 countries with data for 2019.
- Is getting electricity: cost to get electricity rising or falling in Venezuela?
- Over the last ten years it is down 56.5%. The long-run trend across the full record is volatile.
- Where does this Venezuela 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.
Download this data
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.