Kuwait vs Venezuela, Bolivarian Republic of: Oil reserves, per unit of GDP
Oil reserves, per unit of GDP over time
- Kuwait
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 0.8532 cubic meters per US$ of GDP against 0.1088 cubic meters per US$ of GDP in Kuwait, a difference of 0.7444 cubic meters per US$ of GDP.
That makes Venezuela, Bolivarian Republic of's figure about 7.8 times Kuwait's.
The two have swapped places 3 times across 42 shared years of data; in 1980 it was Kuwait ahead.
Kuwait ranks 4th and Venezuela, Bolivarian Republic of ranks 1st of 198 countries.
Across the 5 decades both report, Kuwait averaged higher in 3 and Venezuela, Bolivarian Republic of in 2.
Head to head by decade
| Decade | Kuwait | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.5836 cubic meters per US$ of GDP | 0.0832 cubic meters per US$ of GDP | 0.5003 cubic meters per US$ of GDP | Kuwait |
| 1990s | 0.6928 cubic meters per US$ of GDP | 0.1501 cubic meters per US$ of GDP | 0.5426 cubic meters per US$ of GDP | Kuwait |
| 2000s | 0.2595 cubic meters per US$ of GDP | 0.0889 cubic meters per US$ of GDP | 0.1706 cubic meters per US$ of GDP | Kuwait |
| 2010s | 0.1182 cubic meters per US$ of GDP | 0.2984 cubic meters per US$ of GDP | 0.1802 cubic meters per US$ of GDP | Venezuela, Bolivarian Republic of |
| 2020s | 0.127 cubic meters per US$ of GDP | 0.9885 cubic meters per US$ of GDP | 0.8614 cubic meters per US$ of GDP | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil reserves, per unit of gdp, Kuwait or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 0.8532 cubic meters per US$ of GDP against 0.1088 cubic meters per US$ of GDP in Kuwait as of 2021.
- What is the difference in oil reserves, per unit of gdp between Kuwait and Venezuela, Bolivarian Republic of?
- 0.7444 cubic meters per US$ of GDP, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Kuwait and Venezuela, Bolivarian Republic of?
- 42 years are reported by both, from 1980 to 2021.
- How do Kuwait and Venezuela, Bolivarian Republic of rank globally for oil reserves, per unit of gdp?
- Kuwait ranks 4th and Venezuela, Bolivarian Republic of ranks 1st of 198 countries.
- Where does this data come from?
- Statizoid (derived), published as Oil reserves, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.