Adjusted savings: mineral depletion in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Adjusted savings: mineral depletion was 0.0% in 2014. ◆ Volatile
Adjusted savings: mineral depletion in Venezuela, Bolivarian Republic of, 1970–2014
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Venezuela, Bolivarian Republic of recorded 0.0% for adjusted savings: mineral depletion in 2014. That is the lowest value across all 45 years on record.
That represents a change of down 57.8% on the previous year and down 89.9% over ten years.
Over the whole period, adjusted savings: mineral depletion in Venezuela, Bolivarian Republic of peaked at 0.3% in 2007 and was at its lowest, 0.0%, in 2014.
That places Venezuela, Bolivarian Republic of 82nd out of 208 countries with data for 2014, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: mineral depletion in Venezuela, Bolivarian Republic of, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 0.1% | — |
| 1971 | 0.1% | -14.3% |
| 1972 | 0.0% | -24.3% |
| 1973 | 0.0% | -13.4% |
| 1974 | 0.0% | +12.1% |
| 1975 | 0.1% | +28.7% |
| 1976 | 0.1% | +1.2% |
| 1977 | 0.0% | -30.8% |
| 1978 | 0.0% | -34.1% |
| 1979 | 0.0% | +3.1% |
| 1980 | 0.0% | +16.5% |
| 1981 | 0.0% | -15.7% |
| 1982 | 0.0% | -0.9% |
| 1983 | 0.0% | -27.3% |
| 1984 | 0.0% | +34.4% |
| 1985 | 0.0% | +9.8% |
| 1986 | 0.0% | -6.6% |
| 1987 | 0.0% | +35.0% |
| 1988 | 0.0% | -21.1% |
| 1989 | 0.1% | +76.6% |
| 1990 | 0.1% | +18.8% |
| 1991 | 0.1% | +14.8% |
| 1992 | 0.0% | -30.1% |
| 1993 | 0.0% | -15.9% |
| 1994 | 0.1% | +187.6% |
| 1995 | 0.1% | -40.8% |
| 1996 | 0.1% | +50.5% |
| 1997 | 0.1% | -21.5% |
| 1998 | 0.0% | -57.7% |
| 1999 | 0.0% | -48.4% |
| 2000 | 0.0% | +21.5% |
| 2001 | 0.0% | -18.4% |
| 2002 | 0.0% | +149.0% |
| 2003 | 0.1% | +153.4% |
| 2004 | 0.1% | +27.7% |
| 2005 | 0.2% | +36.9% |
| 2006 | 0.3% | +30.8% |
| 2007 | 0.3% | +5.6% |
| 2008 | 0.1% | -48.5% |
| 2009 | 0.1% | -53.1% |
| 2010 | 0.1% | +12.1% |
| 2011 | 0.1% | +63.6% |
| 2012 | 0.0% | -65.1% |
| 2013 | 0.0% | -17.9% |
| 2014 | 0.0% | -57.8% |
Venezuela, Bolivarian Republic of compared with similar countries
- Venezuela, Bolivarian Republic of's 0.0% is above the median for lower middle income countries, which is 0.0%, 2.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0% | 0.0% | 0.1% | 10 |
| 1980s | 0.0% | 0.0% | 0.1% | 10 |
| 1990s | 0.1% | 0.0% | 0.1% | 10 |
| 2000s | 0.1% | 0.0% | 0.3% | 10 |
| 2010s | 0.1% | 0.0% | 0.1% | 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: mineral depletion in Venezuela, Bolivarian Republic of?
- Adjusted savings: mineral depletion in Venezuela, Bolivarian Republic of was 0.0% in 2014, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: mineral depletion recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 0.3% in 2007.
- What is the lowest adjusted savings: mineral depletion recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.0% in 2014.
- How does Venezuela, Bolivarian Republic of rank for adjusted savings: mineral depletion?
- Venezuela, Bolivarian Republic of ranks 82nd out of 208 countries with data for 2014.
- Is adjusted savings: mineral depletion rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 89.9%. The long-run trend across the full record is volatile.
- 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: mineral depletion (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. 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.