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:
the south american rank for venezuela is 4 when 2011 (imf) more than 12407
Answer:
refuted