Venezuela: Overall globalization
* indicates monthly or quarterly data series
| Venezuela |
Globalization index (0-100) |
|---|---|
| Latest value | 51.35 |
| Year | 2023 |
| Measure | points |
| Data availability | 1970 - 2023 |
| Average | 51.19 |
| Min - Max | 41.24 - 59.40 |
| Source | The Swiss Institute of Technology in Zurich |
| Available for | Data download |
The latest value from 2023 is 51.35 points, a decline from 51.58 points in 2022. In comparison, the world average is 61.11 points, based on data from 188 countries. Historically, the average for Venezuela from 1970 to 2023 is 51.19 points. The minimum value, 41.24 points, was reached in 1970 while the maximum of 59.4 points was recorded in 2000.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
| Recent values | Venezuela: Overall globalization |
|---|---|
| 2023 | 51.35 |
| 2022 | 51.58 |
| 2021 | 51.00 |
| 2020 | 52.00 |
| 2019 | 52.59 |
| 2018 | 52.25 |
| 2017 | 53.61 |
| 2016 | 52.93 |
The KOF Globalization Index for Venezuela is an average of the indexes for Economic Globalization, Social Globalization, and Political Globalization for Venezuela.
Definition: The overall index of globalization covers the economic, social, and political dimensions of globalization. Higher values denote greater globalization. More information and the original data can be obtained here.
Other resources:
Download data from our database
All indicators for Venezuela
All indicators on the website
Article: Are trade deficits bad for the economy?
Article: Sources of economic growth
Article: Currency values and investment returns
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Overall globalization | 51.35 | 2023 | points |
| Economic globalization | 26.00 | 2023 | points |
| Political globalization | 69.84 | 2023 | points |
| Social globalization | 56.41 | 2023 | points |