Venezuela: Overall globalization
* indicates monthly or quarterly data series
| Venezuela |
Globalization index (0-100) |
|---|---|
| Latest value | 51.00 |
| Year | 2021 |
| Measure | points |
| Data availability | 1970 - 2021 |
| Average | 51.18 |
| Min - Max | 41.24 - 59.40 |
| Source | The Swiss Institute of Technology in Zurich |
The latest value from 2021 is 51 points, a decline from 52 points in 2020. In comparison, the world average is 61.63 points, based on data from 190 countries. Historically, the average for Venezuela from 1970 to 2021 is 51.18 points. The minimum value, 41.24 points, was reached in 1970 while the maximum of 59.4 points was recorded in 2000.
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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.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Overall globalization | 51.00 | 2021 | points |
| Economic globalization | 28.00 | 2021 | points |
| Political globalization | 71.00 | 2021 | points |
| Social globalization | 53.00 | 2021 | points |