Analytics 02.03.2026 14:08 191 views

Countries with GDP per capita higher than Venezuela: in 1960 and now

A stark contrast illustrates Venezuela's economic downfall from once being Latin America's richest nation to its present condition.

Countries with GDP per capita higher than Venezuela: in 1960 and now

Back in 1960, Venezuela ranked second only to select "generalized Western" nations in GDP per capita, outperforming countries like Spain, Italy, Ireland, all of Eastern Europe, and even Japan.

Today, Venezuela has slipped behind not just most of Latin America but also certain African nations such as Botswana and Gabon.

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