Libya vs Venezuela: Gross fixed capital formation, Private sector, Current prices

Libya
85.66 % change on previous year
in 2008
Venezuela
773.2 % change on previous year
in 2017
Libya rank
3rd
Venezuela rank
1st

Gross fixed capital formation, Private sector, Current prices over time

  • Libya
  • Venezuela
0200400600800197119942017

How they compare

Venezuela currently reports 773.2 % change on previous year against 85.66 % change on previous year in Libya, a difference of 687.54 % change on previous year.

That makes Venezuela's figure about 9.0 times Libya's.

The two have swapped places 10 times across 38 shared years of data; in 1971 it was Libya ahead.

Libya ranks 3rd and Venezuela ranks 1st of 174 countries.

Across the 4 decades both report, Libya averaged higher in 2 and Venezuela in 2.

Head to head by decade

Decade Libya Venezuela Difference Ahead
1970s 26.5 % change on previous year 22.55 % change on previous year 3.95 % change on previous year Libya
1980s -2.47 % change on previous year 16 % change on previous year 18.47 % change on previous year Venezuela
1990s 5 % change on previous year 55.77 % change on previous year 50.77 % change on previous year Venezuela
2000s 68.06 % change on previous year 29.13 % change on previous year 38.93 % change on previous year Libya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation, private sector, current prices, Libya or Venezuela?
Venezuela, at 773.2 % change on previous year against 85.66 % change on previous year in Libya as of 2017.
What is the difference in gross fixed capital formation, private sector, current prices between Libya and Venezuela?
687.54 % change on previous year, with Venezuela ahead.
How many years of comparable data are there for Libya and Venezuela?
38 years are reported by both, from 1971 to 2008.
How do Libya and Venezuela rank globally for gross fixed capital formation, private sector, current prices?
Libya ranks 3rd and Venezuela ranks 1st of 174 countries.
Where does this data come from?
Statizoid (derived), published as Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Libya vs Venezuela: Gross fixed capital formation, Private sector, Current prices. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-private-sector-current-prices-domestic-currency-annual/libya/venezuela-rb/

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About this data

Indicator
Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
174 places, 7,735 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.