Interesting statistics from the Venezuelan Central bank

January 11, 2004

 


I found this table in the year end report by the Venezuelan Central Bank. I am not even sure why it is there, it pretends to show that only after 1999 did the index of human development go up, but it was only the overvaluation of the currency that led to the GDP per capita to go up briefly and thus that index, an effect lost once the currency was devalued. Anyway, what I found interesting is that this table quantitatively shows that the forty years of democracy was not the failure that it is made out to be the President (which I knew, but I did not know these “officials numbers”), so that publishing the details all the way back to 1960 was, at least, politically incorrect of the Central bank President (Who was appointed by Chavez):


 


Year     Life Expectancy           Literacy rate    Percentage in school GDP per capita


                  (years)                          (%)                     (%)                   (US dollars)


 


1950            55.19                          50.96                    27.59                   2520


1960            58.06                          63.30                    45.26                   3896


1970            63.85                          75.92                    49,87                   4074


1980            67.70                          84.73                    58.23                   5349


1990            71.20                          90.90                    62.31                   5192


2000            73.34                          90.90                    64.12                   3477

Leave a comment