Domestic material consumption per unit of GDP, by type of raw material in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Domestic material consumption per unit of GDP, by type of raw material was 1.8 in 2024. ▲ Rising
Domestic material consumption per unit of GDP, by type of raw material in Venezuela (Bolivarian Republic of), 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Venezuela (Bolivarian Republic of) recorded 1.8 for domestic material consumption per unit of gdp, by type of raw material in 2024.
That represents a change of down 4.7% on the previous year and up 166.5% over ten years.
Over the whole period, domestic material consumption per unit of gdp, by type of raw material in Venezuela (Bolivarian Republic of) peaked at 2.03 in 2021 and was at its lowest, 0.6459, in 2011.
Venezuela (Bolivarian Republic of) ranks 99th of 224 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Domestic material consumption per unit of GDP, by type of raw material in Venezuela (Bolivarian Republic of), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.9378 | — |
| 2001 | 0.9348 | -0.3% |
| 2002 | 1.01 | +8.2% |
| 2003 | 0.9259 | -8.4% |
| 2004 | 0.7016 | -24.2% |
| 2005 | 0.6679 | -4.8% |
| 2006 | 0.7511 | +12.5% |
| 2007 | 0.8489 | +13.0% |
| 2008 | 0.6524 | -23.1% |
| 2009 | 0.6902 | +5.8% |
| 2010 | 0.6685 | -3.1% |
| 2011 | 0.6459 | -3.4% |
| 2012 | 0.7263 | +12.5% |
| 2013 | 0.7166 | -1.3% |
| 2014 | 0.6688 | -6.7% |
| 2015 | 0.6942 | +3.8% |
| 2016 | 0.7456 | +7.4% |
| 2017 | 0.8851 | +18.7% |
| 2018 | 0.9528 | +7.7% |
| 2019 | 1.29 | +35.8% |
| 2020 | 1.95 | +51.1% |
| 2021 | 2.03 | +3.9% |
| 2022 | 1.94 | -4.7% |
| 2023 | 1.9 | -1.8% |
| 2024 | 1.8 | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8122 | 0.6524 | 1.01 | 10 |
| 2010s | 0.7998 | 0.6459 | 1.29 | 10 |
| 2020s | 1.92 | 1.8 | 2.03 | 5 |
Countries ranked near Venezuela (Bolivarian Republic of)
More economy & growth data for Venezuela (Bolivarian Republic of)
- Gross Domestic Product — Value Standard Local Currency 1.97 million million SLC (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 4.86 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices -5.21 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 161,016 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 14,501 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 0 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 5,131 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 8.17 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -17.94 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -35.55 % (2024)
Frequently asked questions
- What is domestic material consumption per unit of gdp, by type of raw material in Venezuela (Bolivarian Republic of)?
- Domestic material consumption per unit of gdp, by type of raw material in Venezuela (Bolivarian Republic of) was 1.8 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest domestic material consumption per unit of gdp, by type of raw material recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 2.03 in 2021.
- What is the lowest domestic material consumption per unit of gdp, by type of raw material recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was 0.6459 in 2011.
- How does Venezuela (Bolivarian Republic of) rank for domestic material consumption per unit of gdp, by type of raw material?
- Venezuela (Bolivarian Republic of) ranks 99th out of 224 countries with data for 2024.
- Is domestic material consumption per unit of gdp, by type of raw material rising or falling in Venezuela (Bolivarian Republic of)?
- Over the last ten years it is up 166.5%. The long-run trend across the full record is rising.
- Where does this Venezuela (Bolivarian Republic of) data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Domestic material consumption per unit of GDP, by type of raw material (kilograms per constant 2020 United States dollars). Statizoid updates them automatically from the source API.
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