Total natural resources rents as a percentage of gdp reached 11.9% in 2014 in Venezuela, according to the National Statistical Office. This is 31.2% less than in the previous year.
Historically, total natural resources rents as a percentage of GDP in Venezuela reached an all time high of 38.1% in 1979 and an all time low of 7.74% in 1970.
Venezuela has been ranked 38th within the group of 172 countries we follow in terms of total natural resources rents as a percentage of GDP.
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