GDP Deflator — Value US$, 2015 prices in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): GDP Deflator — Value US$, 2015 prices was 168.14 USD in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices in Venezuela (Bolivarian Republic of), 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gdp deflator — value us$, 2015 prices in Venezuela (Bolivarian Republic of) stood at 168.14 USD. That is the highest value across all 55 years on record.
The figure is up 33.8% on the previous year and up 69.7% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Venezuela (Bolivarian Republic of) peaked at 168.14 USD in 2024 and was at its lowest, 10.82 USD, in 1970.
That places Venezuela (Bolivarian Republic of) 10th out of 222 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices in Venezuela (Bolivarian Republic of), year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 10.82 USD | — |
| 1971 | 11.53 USD | +6.6% |
| 1972 | 12.27 USD | +6.5% |
| 1973 | 13.8 USD | +12.4% |
| 1974 | 19.82 USD | +43.6% |
| 1975 | 19.68 USD | -0.7% |
| 1976 | 20.72 USD | +5.3% |
| 1977 | 22.36 USD | +7.9% |
| 1978 | 23.82 USD | +6.5% |
| 1979 | 28.84 USD | +21.1% |
| 1980 | 35.97 USD | +24.7% |
| 1981 | 40.57 USD | +12.8% |
| 1982 | 41.14 USD | +1.4% |
| 1983 | 43.46 USD | +5.6% |
| 1984 | 32.32 USD | -25.6% |
| 1985 | 33.37 USD | +3.2% |
| 1986 | 30.55 USD | -8.4% |
| 1987 | 23.43 USD | -23.3% |
| 1988 | 27.76 USD | +18.5% |
| 1989 | 21.6 USD | -22.2% |
| 1990 | 23.02 USD | +6.6% |
| 1991 | 23.07 USD | +0.2% |
| 1992 | 24.58 USD | +6.6% |
| 1993 | 24.36 USD | -0.9% |
| 1994 | 24.55 USD | +0.8% |
| 1995 | 30.94 USD | +26.0% |
| 1996 | 28.25 USD | -8.7% |
| 1997 | 33.4 USD | +18.2% |
| 1998 | 35.44 USD | +6.1% |
| 1999 | 40.43 USD | +14.1% |
| 2000 | 46.62 USD | +15.3% |
| 2001 | 47.31 USD | +1.5% |
| 2002 | 39.23 USD | -17.1% |
| 2003 | 38.24 USD | -2.5% |
| 2004 | 43.52 USD | +13.8% |
| 2005 | 51.05 USD | +17.3% |
| 2006 | 58.58 USD | +14.8% |
| 2007 | 67.63 USD | +15.4% |
| 2008 | 88.01 USD | +30.1% |
| 2009 | 94.9 USD | +7.8% |
| 2010 | 115.17 USD | +21.4% |
| 2011 | 88.85 USD | -22.9% |
| 2012 | 101.34 USD | +14.1% |
| 2013 | 97.38 USD | -3.9% |
| 2014 | 99.08 USD | +1.7% |
| 2015 | 100 USD | +0.9% |
| 2016 | 100.95 USD | +1.0% |
| 2017 | 102.76 USD | +1.8% |
| 2018 | 105.11 USD | +2.3% |
| 2019 | 106.85 USD | +1.7% |
| 2020 | 108.27 USD | +1.3% |
| 2021 | 113.21 USD | +4.6% |
| 2022 | 121.28 USD | +7.1% |
| 2023 | 125.65 USD | +3.6% |
| 2024 | 168.14 USD | +33.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.36 USD | 10.82 USD | 28.84 USD | 10 |
| 1980s | 33.02 USD | 21.6 USD | 43.46 USD | 10 |
| 1990s | 28.8 USD | 23.02 USD | 40.43 USD | 10 |
| 2000s | 57.51 USD | 38.24 USD | 94.9 USD | 10 |
| 2010s | 101.75 USD | 88.85 USD | 115.17 USD | 10 |
| 2020s | 127.31 USD | 108.27 USD | 168.14 USD | 5 |
Countries ranked near Venezuela (Bolivarian Republic of)
More economy & growth data for Venezuela (Bolivarian Republic of)
- Gross Domestic Product — Value US$, annual growth rate 27.32 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency 1.97 million million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth -35.55 % 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$, annual growth rate -17.94 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 5.01 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate -4.86 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices -3.85 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 27.34 % change on previous year (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 71.24 % change on previous year (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Venezuela (Bolivarian Republic of)?
- Gdp deflator — value us$, 2015 prices in Venezuela (Bolivarian Republic of) was 168.14 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 168.14 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was 10.82 USD in 1970.
- How does Venezuela (Bolivarian Republic of) rank for gdp deflator — value us$, 2015 prices?
- Venezuela (Bolivarian Republic of) ranks 10th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Venezuela (Bolivarian Republic of)?
- Over the last ten years it is up 69.7%. The long-run trend across the full record is volatile.
- Where does this Venezuela (Bolivarian Republic of) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).