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House Price to Income Ratio - Venezuela Compared to Continent


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Brazil 186.80x
Argentina 140.09x
Chile 136.90x
Mexico 131.23x
Uruguay 127.59x
Colombia 118.48x
Panama 99.65x
Peru 90.14x
Costa Rica 81.77x
Nicaragua 66.83x
Ecuador 63.65x
El Salvador 59.41x

 

 

Venezuela: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.

 

Venezuela has no house price statistics, but there are construction cost time-series at the Banco Central de Venezuela site, which also has general statistics. There are also statistics at the Instituto Nacional de Estadist�ca under the Ministerio del Poder Popular para la Planificaci�n y Desarrollo.





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