Women Business and the Law Index (WBL) in Venezuela
Venezuela: Women Business and the Law Index (WBL) was 85 in 2023. ▲ Rising
Latest (2023)
85
Change on year
unchanged
World rank
68th
of 188 countries
All-time high
85
in 2014
All-time low
49.38
in 1970
Years of data
54
1970–2023
Women Business and the Law Index in Venezuela, 1970–2023
Source: International Monetary Fund.
Analysis
In 2023, women business and the law index in Venezuela stood at 85. That is the highest value across all 54 years on record.
That represents a change of up 3.0% over ten years.
Over the whole period, women business and the law index in Venezuela peaked at 85 in 2014 and was at its lowest, 49.38, in 1970.
That places Venezuela 68th out of 188 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Women Business and the Law Index (WBL) in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 49.38 | — |
| 1971 | 49.38 | +0.0% |
| 1972 | 49.38 | +0.0% |
| 1973 | 49.38 | +0.0% |
| 1974 | 49.38 | +0.0% |
| 1975 | 49.38 | +0.0% |
| 1976 | 49.38 | +0.0% |
| 1977 | 49.38 | +0.0% |
| 1978 | 49.38 | +0.0% |
| 1979 | 49.38 | +0.0% |
| 1980 | 49.38 | +0.0% |
| 1981 | 49.38 | +0.0% |
| 1982 | 49.38 | +0.0% |
| 1983 | 60 | +21.5% |
| 1984 | 60 | +0.0% |
| 1985 | 60 | +0.0% |
| 1986 | 60 | +0.0% |
| 1987 | 60 | +0.0% |
| 1988 | 60 | +0.0% |
| 1989 | 60 | +0.0% |
| 1990 | 60 | +0.0% |
| 1991 | 65.62 | +9.4% |
| 1992 | 65.62 | +0.0% |
| 1993 | 65.62 | +0.0% |
| 1994 | 65.62 | +0.0% |
| 1995 | 65.62 | +0.0% |
| 1996 | 65.62 | +0.0% |
| 1997 | 65.62 | +0.0% |
| 1998 | 68.12 | +3.8% |
| 1999 | 70.62 | +3.7% |
| 2000 | 70.62 | +0.0% |
| 2001 | 70.62 | +0.0% |
| 2002 | 70.62 | +0.0% |
| 2003 | 70.62 | +0.0% |
| 2004 | 70.62 | +0.0% |
| 2005 | 70.62 | +0.0% |
| 2006 | 73.75 | +4.4% |
| 2007 | 80 | +8.5% |
| 2008 | 82.5 | +3.1% |
| 2009 | 82.5 | +0.0% |
| 2010 | 82.5 | +0.0% |
| 2011 | 82.5 | +0.0% |
| 2012 | 82.5 | +0.0% |
| 2013 | 82.5 | +0.0% |
| 2014 | 85 | +3.0% |
| 2015 | 85 | +0.0% |
| 2016 | 85 | +0.0% |
| 2017 | 85 | +0.0% |
| 2018 | 85 | +0.0% |
| 2019 | 85 | +0.0% |
| 2020 | 85 | +0.0% |
| 2021 | 85 | +0.0% |
| 2022 | 85 | +0.0% |
| 2023 | 85 | +0.0% |
Venezuela compared with similar countries
- Venezuela's 85 is above the median for lower middle income countries, which is 75.31, 1.1× the median. (46 countries reporting)
- Venezuela's 85 is above the median for Latin America & Caribbean, which is 82.5, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 49.38 | 49.38 | 49.38 | 10 |
| 1980s | 56.81 | 49.38 | 60 | 10 |
| 1990s | 65.81 | 60 | 70.62 | 10 |
| 2000s | 74.25 | 70.62 | 82.5 | 10 |
| 2010s | 84 | 82.5 | 85 | 10 |
| 2020s | 85 | 85 | 85 | 4 |
Countries ranked near Venezuela
- 67 Laos 85.62 compare
- 68 Azerbaijan 85 compare
- 68 Bosnia and Herzegovina 85 compare
- 68 Brazil 85 compare
- 68 North Macedonia 85 compare
- 68 Montenegro 85 compare
- 68 San Marino 85 compare
- 68 Ukraine 85 compare
More gender data for Venezuela
- Child population (UN estimates and projections) 6,517 (2030)
- Child population (UN estimates and projections) (0-14), annual growth -1.32 % change on previous year (2030)
- Population 22,635 (2030)
- Working-age population (UN estimates and projections) 22,635 (2030)
- Population (UN estimates and projections), annual growth rate 1 % change on previous year (2030)
- Age population, age 00, female, interpolated 207,912 (2025)
- Age population, age 00, male, interpolated 218,340 (2025)
- Age population, age 01, female, interpolated 204,155 (2025)
- Age population, age 01, male, interpolated 214,388 (2025)
- Age population, age 02, female, interpolated 200,986 (2025)
Frequently asked questions
- What is women business and the law index in Venezuela?
- Women business and the law index in Venezuela was 85 in 2023, according to International Monetary Fund.
- What is the highest women business and the law index recorded in Venezuela?
- The highest recorded value was 85 in 2014.
- What is the lowest women business and the law index recorded in Venezuela?
- The lowest recorded value was 49.38 in 1970.
- How does Venezuela rank for women business and the law index?
- Venezuela ranks 68th out of 188 countries with data for 2023.
- Is women business and the law index rising or falling in Venezuela?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from International Monetary Fund, published as part of Women Business and the Law Index (WBL). Statizoid updates them automatically from the source API.
Download this data
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About this data
Data on the legal rights that affects women's economic empowerment.