Adjusted savings: net national savings in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Adjusted savings: net national savings was -15.6% in 2014. ◆ Volatile
Adjusted savings: net national savings in Venezuela, Bolivarian Republic of, 1970–2014
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2014, adjusted savings: net national savings in Venezuela, Bolivarian Republic of stood at -15.6%. That is the lowest value across all 45 years on record.
Compared with earlier readings it is down 757.1% on the previous year and down 169.6% over ten years.
Over the whole period, adjusted savings: net national savings in Venezuela, Bolivarian Republic of peaked at 31.6% in 1974 and was at its lowest, -15.6%, in 2014.
That places Venezuela, Bolivarian Republic of 173rd out of 177 countries with data for 2014, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Venezuela, Bolivarian Republic of, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 16.2% | — |
| 1971 | 14.6% | -9.8% |
| 1972 | 13.3% | -9.1% |
| 1973 | 16.7% | +25.7% |
| 1974 | 31.6% | +89.7% |
| 1975 | 21.5% | -32.0% |
| 1976 | 17.0% | -21.1% |
| 1977 | 13.4% | -21.1% |
| 1978 | 5.9% | -55.8% |
| 1979 | 9.5% | +61.0% |
| 1980 | 9.5% | -0.3% |
| 1981 | 4.8% | -50.0% |
| 1982 | -4.8% | -200.3% |
| 1983 | -13.5% | +182.6% |
| 1984 | 10.8% | -180.3% |
| 1985 | 9.4% | -12.9% |
| 1986 | 1.1% | -88.0% |
| 1987 | 6.0% | +429.6% |
| 1988 | 2.8% | -53.9% |
| 1989 | 3.6% | +30.7% |
| 1990 | 12.4% | +242.9% |
| 1991 | 8.1% | -34.6% |
| 1992 | 5.5% | -31.9% |
| 1993 | 1.2% | -78.2% |
| 1994 | 4.3% | +255.7% |
| 1995 | 6.7% | +57.7% |
| 1996 | 14.8% | +119.8% |
| 1997 | 15.5% | +5.0% |
| 1998 | 7.5% | -51.9% |
| 1999 | 10.2% | +36.8% |
| 2000 | 19.2% | +88.1% |
| 2001 | 12.8% | -33.4% |
| 2002 | 13.2% | +3.3% |
| 2003 | 12.1% | -8.8% |
| 2004 | 22.4% | +85.4% |
| 2005 | 29.4% | +31.4% |
| 2006 | 29.9% | +1.6% |
| 2007 | 25.6% | -14.3% |
| 2008 | 24.8% | -3.2% |
| 2009 | 6.0% | -75.7% |
| 2010 | 14.8% | +145.6% |
| 2011 | 12.9% | -13.1% |
| 2012 | 6.3% | -51.0% |
| 2013 | -1.8% | -128.8% |
| 2014 | -15.6% | +757.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.0% | 5.9% | 31.6% | 10 |
| 1980s | 3.0% | -13.5% | 10.8% | 10 |
| 1990s | 8.6% | 1.2% | 15.5% | 10 |
| 2000s | 19.5% | 6.0% | 29.9% | 10 |
| 2010s | 3.3% | -15.6% | 14.8% | 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)
- Total reserves minus gold (current US$), annual growth rate -7.05 % change on previous year (2017)
- Total reserves minus gold (current US$), per unit of GDP 0.0262 current US$ per US$ of GDP (2017)
- Total reserves minus gold (current US$), per capita 99.28 current US$ per person (2017)
- General government final consumption expenditure (current US$) -100 % change on previous year (1991)
- General government final consumption expenditure (current US$), per 0 current US$ per US$ of GDP (2011)
- General government final consumption expenditure (current US$), per 0 current US$ per person (2011)
- General government final consumption expenditure (current LCU) -100 % change on previous year (1991)
- General government final consumption expenditure (current LCU), per 0 current LCU per US$ of GDP (2011)
Frequently asked questions
- What is adjusted savings: net national savings in Venezuela, Bolivarian Republic of?
- Adjusted savings: net national savings in Venezuela, Bolivarian Republic of was -15.6% in 2014, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 31.6% in 1974.
- What is the lowest adjusted savings: net national savings recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -15.6% in 2014.
- How does Venezuela, Bolivarian Republic of rank for adjusted savings: net national savings?
- Venezuela, Bolivarian Republic of ranks 173rd out of 177 countries with data for 2014.
- Is adjusted savings: net national savings rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 169.6%. 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: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.