Low & middle income vs Venezuela: Adjusted savings: consumption of fixed capital
Adjusted savings: consumption of fixed capital over time
- Low & middle income
- Venezuela
How they compare
Venezuela currently reports 24.6% against 20.5% in Low & middle income, a difference of 4.1%.
That makes Venezuela's figure about 1.2 times Low & middle income's.
The two have swapped places 4 times across 45 shared years of data; in 1970 it was Venezuela ahead.
Low & middle income ranks 8th and Venezuela ranks 6th of 47 groups.
Venezuela has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Low & middle income | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 9.3% | 10.8% | 1.5% | Venezuela |
| 1980s | 11.5% | 17.6% | 6.1% | Venezuela |
| 1990s | 11.8% | 17.5% | 5.7% | Venezuela |
| 2000s | 13.4% | 14.6% | 1.2% | Venezuela |
| 2010s | 16.7% | 20.3% | 3.6% | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: consumption of fixed capital, Low & middle income or Venezuela?
- Venezuela, at 24.6% against 20.5% in Low & middle income as of 2014.
- What is the difference in adjusted savings: consumption of fixed capital between Low & middle income and Venezuela?
- 4.1%, with Venezuela ahead.
- How many years of comparable data are there for Low & middle income and Venezuela?
- 45 years are reported by both, from 1970 to 2014.
- How do Low & middle income and Venezuela rank globally for adjusted savings: consumption of fixed capital?
- Low & middle income ranks 8th and Venezuela ranks 6th of 47 groups.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: consumption of fixed capital (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.