Adjusted savings: consumption of fixed capital in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Adjusted savings: consumption of fixed capital was 24.6% in 2014. ▲ Rising
Adjusted savings: consumption of fixed capital in Venezuela, Bolivarian Republic of, 1970–2014
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Venezuela, Bolivarian Republic of recorded 24.6% for adjusted savings: consumption of fixed capital in 2014. That is the highest value across all 45 years on record.
The figure is up 14.6% on the previous year and up 70.4% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Venezuela, Bolivarian Republic of peaked at 24.6% in 2014 and was at its lowest, 8.5%, in 1974.
Venezuela, Bolivarian Republic of ranks 6th of 204 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 45 years of available data.
Adjusted savings: consumption of fixed capital in Venezuela, Bolivarian Republic of, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 9.4% | — |
| 1971 | 10.4% | +10.4% |
| 1972 | 10.6% | +2.5% |
| 1973 | 10.4% | -2.6% |
| 1974 | 8.5% | -17.7% |
| 1975 | 9.4% | +9.6% |
| 1976 | 10.1% | +7.5% |
| 1977 | 11.6% | +15.4% |
| 1978 | 13.7% | +18.3% |
| 1979 | 14.2% | +3.1% |
| 1980 | 14.6% | +3.2% |
| 1981 | 15.1% | +3.1% |
| 1982 | 17.2% | +14.0% |
| 1983 | 17.8% | +3.5% |
| 1984 | 17.4% | -2.0% |
| 1985 | 17.7% | +2.0% |
| 1986 | 19.0% | +7.4% |
| 1987 | 18.8% | -1.1% |
| 1988 | 18.3% | -3.1% |
| 1989 | 20.0% | +9.3% |
| 1990 | 17.7% | -11.4% |
| 1991 | 16.7% | -5.7% |
| 1992 | 15.3% | -8.2% |
| 1993 | 17.0% | +11.2% |
| 1994 | 18.3% | +7.6% |
| 1995 | 17.4% | -5.1% |
| 1996 | 17.7% | +1.7% |
| 1997 | 17.4% | -1.8% |
| 1998 | 19.2% | +10.6% |
| 1999 | 18.9% | -1.5% |
| 2000 | 15.7% | -17.3% |
| 2001 | 16.8% | +7.1% |
| 2002 | 18.0% | +7.4% |
| 2003 | 18.5% | +2.6% |
| 2004 | 14.4% | -21.9% |
| 2005 | 11.9% | -17.8% |
| 2006 | 11.1% | -6.7% |
| 2007 | 11.2% | +0.8% |
| 2008 | 11.7% | +4.9% |
| 2009 | 16.6% | +41.5% |
| 2010 | 17.0% | +2.8% |
| 2011 | 18.5% | +8.4% |
| 2012 | 20.0% | +8.4% |
| 2013 | 21.5% | +7.2% |
| 2014 | 24.6% | +14.6% |
Venezuela, Bolivarian Republic of compared with similar countries
- Venezuela, Bolivarian Republic of's 24.6% is above the median for lower middle income countries, which is 10.0%, 2.5× the median. (47 countries reporting)
- Venezuela, Bolivarian Republic of's 24.6% is above the median for Latin America & Caribbean, which is 11.8%, 2.1× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.8% | 8.5% | 14.2% | 10 |
| 1980s | 17.6% | 14.6% | 20.0% | 10 |
| 1990s | 17.5% | 15.3% | 19.2% | 10 |
| 2000s | 14.6% | 11.1% | 18.5% | 10 |
| 2010s | 20.3% | 17.0% | 24.6% | 5 |
Countries ranked near Venezuela, Bolivarian Republic of
More economy & growth data for Venezuela, Bolivarian Republic of
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0216 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 91.64 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.45 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0135 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 57.47 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Venezuela, Bolivarian Republic of?
- Adjusted savings: consumption of fixed capital in Venezuela, Bolivarian Republic of was 24.6% in 2014, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 24.6% in 2014.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 8.5% in 1974.
- How does Venezuela, Bolivarian Republic of rank for adjusted savings: consumption of fixed capital?
- Venezuela, Bolivarian Republic of ranks 6th out of 204 countries with data for 2014.
- Is adjusted savings: consumption of fixed capital rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 70.4%. The long-run trend across the full record is rising.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (% of GNI). Statizoid updates them automatically from the source API.
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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.