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Basic income cost calculator

What would a basic income cost in Venezuela?

Pick a country, who gets it and how much a month. Everything is calculated on this device; nothing is sent anywhere.

Country
Who gets it?
How much a month per person?

Total cost per year

5.13 trillion Venezuelan bolívars

about 31 billion US dollars

28.5 million people × 15,000 Venezuelan bolívars a month × 12 months

Compared with

  • GDP (nominal) (2025)31.1%
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Venezuela in numbers

Venezuela has a population of 28.5 million (2025) and a GDP of 16.5 trillion Venezuelan bolívars (about 99.7 billion US dollars) in 2025.

Paying everyone 15,000 Venezuelan bolívars a month would cost 5.13 trillion Venezuelan bolívars a year (about 31 billion US dollars), or 31.1% of GDP. The World Bank has no recent central government expense or tax figures for Venezuela, so only GDP is compared.

Children only (under 18: 8.75 million) would cost 1.58 trillion Venezuelan bolívars a year (9.6% of GDP); adults only (18 and over: 19.8 million), 3.56 trillion Venezuelan bolívars (21.6%).

Default amount: 15,000 Venezuelan bolívars a month is the World Bank's international poverty line of $3.00 a day, converted into Venezuelan bolívars at the exchange rate implied by the World Bank's GDP in local currency and in US dollars (2025), because there is no recent PPP conversion factor, and rounded to two significant figures. It is a reference point, not a policy proposal; change it above.

How to read this

This is the gross cost: the total paid out. The real net cost depends on which taxes fund it, which benefits or tax breaks it replaces and whether the payment is taxed. The population, budget and GDP figures are not all from the same year (see the sources).

Sources for the figures

Population
World Bank: population, total (SP.POP.TOTL), and population by single year of age 0 to 17 (SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN), 2025
SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN
GDP
World Bank: GDP in current local currency (NY.GDP.MKTP.CN) and in current US dollars (NY.GDP.MKTP.CD), 2025
Default amount
World Bank: international poverty line of $3.00 a day (2021 PPP), June 2025 update
Retrieved from the World Bank API on November 9, 2026 (CC BY 4.0). Government figures are central government, as a share of GDP in their own year, applied to the latest GDP.

More countries in Latin America and the Caribbean

All 211 countries and territories compared

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