Adjusted savings: gross savings in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Adjusted savings: gross savings was 9.0% in 2014. ▲ Rising
Adjusted savings: gross savings in Venezuela, Bolivarian Republic of, 1970–2014
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2014, adjusted savings: gross savings in Venezuela, Bolivarian Republic of stood at 9.0%.
The figure is down 54.0% on the previous year and down 75.4% over ten years.
Over the whole period, adjusted savings: gross savings in Venezuela, Bolivarian Republic of peaked at 41.3% in 2005 and was at its lowest, 4.3%, in 1983.
Venezuela, Bolivarian Republic of ranks 160th of 178 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Adjusted savings: gross savings in Venezuela, Bolivarian Republic of, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 25.6% | — |
| 1971 | 25.0% | -2.4% |
| 1972 | 23.9% | -4.3% |
| 1973 | 27.0% | +13.1% |
| 1974 | 40.2% | +48.6% |
| 1975 | 30.9% | -23.2% |
| 1976 | 27.0% | -12.4% |
| 1977 | 25.0% | -7.5% |
| 1978 | 19.7% | -21.4% |
| 1979 | 23.7% | +20.5% |
| 1980 | 24.1% | +1.8% |
| 1981 | 19.8% | -17.9% |
| 1982 | 12.4% | -37.4% |
| 1983 | 4.3% | -65.4% |
| 1984 | 28.2% | +558.3% |
| 1985 | 27.2% | -3.7% |
| 1986 | 20.2% | -25.7% |
| 1987 | 24.8% | +23.0% |
| 1988 | 21.0% | -15.3% |
| 1989 | 23.6% | +12.1% |
| 1990 | 30.0% | +27.5% |
| 1991 | 24.7% | -17.6% |
| 1992 | 20.8% | -15.9% |
| 1993 | 18.2% | -12.5% |
| 1994 | 22.6% | +24.0% |
| 1995 | 24.1% | +6.8% |
| 1996 | 32.5% | +34.7% |
| 1997 | 32.9% | +1.3% |
| 1998 | 26.7% | -18.9% |
| 1999 | 29.1% | +9.2% |
| 2000 | 34.9% | +19.7% |
| 2001 | 29.6% | -15.2% |
| 2002 | 31.2% | +5.7% |
| 2003 | 30.6% | -2.2% |
| 2004 | 36.8% | +20.5% |
| 2005 | 41.3% | +12.1% |
| 2006 | 40.9% | -0.8% |
| 2007 | 36.7% | -10.2% |
| 2008 | 36.5% | -0.7% |
| 2009 | 22.6% | -38.1% |
| 2010 | 31.8% | +40.8% |
| 2011 | 31.3% | -1.5% |
| 2012 | 26.3% | -16.0% |
| 2013 | 19.6% | -25.4% |
| 2014 | 9.0% | -54.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.8% | 19.7% | 40.2% | 10 |
| 1980s | 20.6% | 4.3% | 28.2% | 10 |
| 1990s | 26.2% | 18.2% | 32.9% | 10 |
| 2000s | 34.1% | 22.6% | 41.3% | 10 |
| 2010s | 23.6% | 9.0% | 31.8% | 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)
- Final consumption expenditure (constant 2015 US$), per capita 977 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate -15.17 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9521 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 3,327 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 240.96 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 157.53 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 550,519 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate -3.06 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Venezuela, Bolivarian Republic of?
- Adjusted savings: gross savings in Venezuela, Bolivarian Republic of was 9.0% in 2014, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 41.3% in 2005.
- What is the lowest adjusted savings: gross savings recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 4.3% in 1983.
- How does Venezuela, Bolivarian Republic of rank for adjusted savings: gross savings?
- Venezuela, Bolivarian Republic of ranks 160th out of 178 countries with data for 2014.
- Is adjusted savings: gross savings rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 75.4%. The long-run trend across the full record is rising.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. 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.