Annual growth of the gross capital formation in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Annual growth of the gross capital formation was 3.4% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Venezuela, Bolivarian Republic of, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Venezuela, Bolivarian Republic of recorded 3.4% for annual growth of the gross capital formation in 2024.
The figure is up 33.6% on the previous year and up 114.9% over ten years.
Over the whole period, annual growth of the gross capital formation in Venezuela, Bolivarian Republic of peaked at 91.3% in 2004 and was at its lowest, -64.8%, in 2017.
That places Venezuela, Bolivarian Republic of 76th out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Venezuela, Bolivarian Republic of, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 6.7% | — |
| 2001 | 13.6% | +102.2% |
| 2002 | -34.0% | -350.5% |
| 2003 | -35.5% | +4.4% |
| 2004 | 91.3% | -357.3% |
| 2005 | 30.5% | -66.6% |
| 2006 | 36.3% | +19.0% |
| 2007 | 28.2% | -22.3% |
| 2008 | 2.2% | -92.2% |
| 2009 | -19.1% | -971.2% |
| 2010 | 1.0% | -105.5% |
| 2011 | 15.2% | +1360.6% |
| 2012 | 24.1% | +58.4% |
| 2013 | -13.9% | -158.0% |
| 2014 | -22.9% | +64.3% |
| 2015 | -23.7% | +3.5% |
| 2016 | -54.1% | +128.1% |
| 2017 | -64.8% | +19.8% |
| 2018 | -31.2% | -51.8% |
| 2019 | 32.9% | -205.4% |
| 2020 | -32.2% | -197.8% |
| 2021 | 9.1% | -128.2% |
| 2022 | 4.2% | -53.4% |
| 2023 | 2.6% | -39.5% |
| 2024 | 3.4% | +33.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.0% | -35.5% | 91.3% | 10 |
| 2010s | -13.8% | -64.8% | 32.9% | 10 |
| 2020s | -2.6% | -32.2% | 9.1% | 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)
- Exports of goods and services (current LCU), annual growth rate 195.86 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 24.66 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 86,177 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.42 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.1638 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 572.41 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate -0.4021 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.0458 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Venezuela, Bolivarian Republic of?
- Annual growth of the gross capital formation in Venezuela, Bolivarian Republic of was 3.4% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 91.3% in 2004.
- What is the lowest annual growth of the gross capital formation recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -64.8% in 2017.
- How does Venezuela, Bolivarian Republic of rank for annual growth of the gross capital formation?
- Venezuela, Bolivarian Republic of ranks 76th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 114.9%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual growth of the gross capital formation (%).