Archive for February 27th, 2011

Despite the oil windfall GDP per capita is only up 3.5% over the last twelve years in Venezuela

February 27, 2011

And from the website, a very simple graph; using BCV data, GDP per capita in constant Bs. , since 1998. Over half a trillion dollars in oil income and all you can show for it is an improvement of 3.5% in twelve years. It is not even worth calculating how much that is per year: Tiny.