Give you a statement and table with its title in Markdown format, please determine whether the statement is supported or refuted by, or is unrelated to the table. It'a binary classification problem, you should choose the answer between supported and refuted. Table cells in one row are seperated by '|', and different rows are seperated by '
'.

Table:
| south american rank | world rank | nation | 2011 (imf) | 2008 (cia factbook) |
| 1 | 51 | argentina | 17376 | 14500 |
| 2 | 55 | chile | 16171 | 15400 |
| 3 | 59 | uruguay | 15469 | 12300 |
| 4 | 71 | venezuela | 12407 | 13500 |
| 5 | 74 | brazil | 11845 | 10513 |
| 6 | 82 | colombia | 10155 | 9000 |
| 7 | 83 | peru | 10000 | 8500 |
| 8 | 86 | suriname | 9492 | 8900 |
| 9 | 91 | ecuador | 8335 | 7700 |
| 10 | 96 | guyana | 7541 | 4000 |
| 11 | 110 | paraguay | 5548 | 4400 |
Title:
list of south american countries by gdp (ppp) per capita
Statement:
venezuela was ranked 4th in south american and 74th in the world
Answer:
refuted