Venezuela: Human development

The latest value from 2023 is 0.709 points, an increase from 0.699 points in 2022. In comparison, the world average is 0.746 points, based on data from 185 countries. Historically, the average for Venezuela from 1980 to 2023 is 0.705 points. The minimum value, 0.638 points, was reached in 1990 while the maximum of 0.772 points was recorded in 2013. See the global rankings for that indicator or use the country comparator to compare trends over time.

The Human Development Index for Venezuela published by the United Nations is a composite measure including life expectancy, educational attainment, and income level. It aims to measure not only incomes but life quality as well.

Definition: The Human Development Index measures three basic dimensions of human development: long and healthy life, knowledge, and a decent standard of living. Four indicators are used to calculate the index: life expectancy at birth, mean years of schooling, expected years of schooling, and gross national income per capita.