Domestic material consumption per unit of GDP, by type of raw in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Domestic material consumption per unit of GDP, by type of raw was 1.8 kg per constant US$ in 2024. ▲ Rising
Latest (2024)
1.8 kg per constant US$
Change on year
down 4.7%
World rank
99th
of 226 countries
All-time high
2.03 kg per constant US$
in 2021
All-time low
0.6459 kg per constant US$
in 2011
Years of data
25
2000–2024
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. Measured in kg per constant US$.
Analysis
Venezuela (Bolivarian Republic of) recorded 1.8 kg per constant US$ 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 kg per constant US$ in 2021 and was at its lowest, 0.6459 kg per constant US$, in 2011.
Venezuela (Bolivarian Republic of) ranks 99th of 226 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Domestic material consumption per unit of GDP, by type of raw in Venezuela (Bolivarian Republic of), year by year
| Year | kg per constant US$ | Change |
|---|---|---|
| 2000 | 0.9378 kg per constant US$ | — |
| 2001 | 0.9348 kg per constant US$ | -0.3% |
| 2002 | 1.01 kg per constant US$ | +8.2% |
| 2003 | 0.9259 kg per constant US$ | -8.4% |
| 2004 | 0.7016 kg per constant US$ | -24.2% |
| 2005 | 0.6679 kg per constant US$ | -4.8% |
| 2006 | 0.7511 kg per constant US$ | +12.5% |
| 2007 | 0.8489 kg per constant US$ | +13.0% |
| 2008 | 0.6524 kg per constant US$ | -23.1% |
| 2009 | 0.6902 kg per constant US$ | +5.8% |
| 2010 | 0.6685 kg per constant US$ | -3.1% |
| 2011 | 0.6459 kg per constant US$ | -3.4% |
| 2012 | 0.7263 kg per constant US$ | +12.5% |
| 2013 | 0.7166 kg per constant US$ | -1.3% |
| 2014 | 0.6688 kg per constant US$ | -6.7% |
| 2015 | 0.6942 kg per constant US$ | +3.8% |
| 2016 | 0.7456 kg per constant US$ | +7.4% |
| 2017 | 0.8851 kg per constant US$ | +18.7% |
| 2018 | 0.9528 kg per constant US$ | +7.7% |
| 2019 | 1.29 kg per constant US$ | +35.8% |
| 2020 | 1.95 kg per constant US$ | +51.1% |
| 2021 | 2.03 kg per constant US$ | +3.9% |
| 2022 | 1.94 kg per constant US$ | -4.7% |
| 2023 | 1.9 kg per constant US$ | -1.8% |
| 2024 | 1.8 kg per constant US$ | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8122 kg per constant US$ | 0.6524 kg per constant US$ | 1.01 kg per constant US$ | 10 |
| 2010s | 0.7998 kg per constant US$ | 0.6459 kg per constant US$ | 1.29 kg per constant US$ | 10 |
| 2020s | 1.92 kg per constant US$ | 1.8 kg per constant US$ | 2.03 kg per constant US$ | 5 |
Countries ranked near Venezuela (Bolivarian Republic of)
More economy & growth data for Venezuela (Bolivarian Republic of)
- Gross Domestic Product — Value US$, annual growth rate 27.32 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth -35.55 % change on previous year (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 71.24 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 33.82 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 62.95 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 27.34 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, annual growth 62.93 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 5.01 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 -50 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -17.94 % change on previous year (2024)
Frequently asked questions
- What is domestic material consumption per unit of gdp, by type of raw material in Venezuela (Bolivarian Republic of)?
- Domestic material consumption per unit of gdp, by type of raw material in Venezuela (Bolivarian Republic of) was 1.8 kg per constant US$ 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 kg per constant US$ 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 kg per constant US$ 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 226 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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