Gross capital formation in Venezuela
Venezuela: Gross capital formation was 2.83 billion constant 2015 US$ in 2025. ◆ Volatile
Gross capital formation in Venezuela, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross capital formation in Venezuela is 2.83 billion constant 2015 US$, measured in 2025.
The figure is down 3.4% on the previous year and down 88.4% over ten years.
Over the whole period, gross capital formation in Venezuela peaked at 48.26 billion constant 2015 US$ in 2012 and was at its lowest, 2.44 billion constant 2015 US$, in 2020.
Venezuela ranks 127th of 163 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Venezuela, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 7.45 billion constant 2015 US$ | — |
| 1961 | 7.26 billion constant 2015 US$ | -2.5% |
| 1962 | 7.94 billion constant 2015 US$ | +9.4% |
| 1963 | 7.93 billion constant 2015 US$ | -0.2% |
| 1964 | 10.75 billion constant 2015 US$ | +35.5% |
| 1965 | 10.70 billion constant 2015 US$ | -0.4% |
| 1966 | 9.52 billion constant 2015 US$ | -11.0% |
| 1967 | 9.89 billion constant 2015 US$ | +3.9% |
| 1968 | 12.97 billion constant 2015 US$ | +31.2% |
| 1969 | 13.21 billion constant 2015 US$ | +1.8% |
| 1970 | 17.44 billion constant 2015 US$ | +32.0% |
| 1971 | 13.85 billion constant 2015 US$ | -20.6% |
| 1972 | 15.04 billion constant 2015 US$ | +8.6% |
| 1973 | 15.37 billion constant 2015 US$ | +2.2% |
| 1974 | 15.44 billion constant 2015 US$ | +0.5% |
| 1975 | 19.17 billion constant 2015 US$ | +24.1% |
| 1976 | 23.05 billion constant 2015 US$ | +20.3% |
| 1977 | 29.22 billion constant 2015 US$ | +26.7% |
| 1978 | 28.85 billion constant 2015 US$ | -1.3% |
| 1979 | 22.92 billion constant 2015 US$ | -20.5% |
| 1980 | 19.24 billion constant 2015 US$ | -16.1% |
| 1981 | 19.02 billion constant 2015 US$ | -1.1% |
| 1982 | 21.27 billion constant 2015 US$ | +11.8% |
| 1983 | 9.83 billion constant 2015 US$ | -53.8% |
| 1984 | 13.74 billion constant 2015 US$ | +39.7% |
| 1985 | 14.41 billion constant 2015 US$ | +4.9% |
| 1986 | 15.01 billion constant 2015 US$ | +4.2% |
| 1987 | 17.33 billion constant 2015 US$ | +15.4% |
| 1988 | 20.10 billion constant 2015 US$ | +16.0% |
| 1989 | 8.97 billion constant 2015 US$ | -55.3% |
| 1990 | 8.27 billion constant 2015 US$ | -7.9% |
| 1991 | 14.90 billion constant 2015 US$ | +80.2% |
| 1992 | 20.59 billion constant 2015 US$ | +38.2% |
| 1993 | 16.75 billion constant 2015 US$ | -18.7% |
| 1994 | 11.84 billion constant 2015 US$ | -29.3% |
| 1995 | 16.16 billion constant 2015 US$ | +36.5% |
| 1996 | 14.37 billion constant 2015 US$ | -11.0% |
| 1997 | 19.26 billion constant 2015 US$ | +34.0% |
| 1998 | 20.10 billion constant 2015 US$ | +4.3% |
| 1999 | 17.97 billion constant 2015 US$ | -10.6% |
| 2000 | 19.17 billion constant 2015 US$ | +6.7% |
| 2001 | 21.77 billion constant 2015 US$ | +13.6% |
| 2002 | 14.37 billion constant 2015 US$ | -34.0% |
| 2003 | 9.27 billion constant 2015 US$ | -35.5% |
| 2004 | 17.74 billion constant 2015 US$ | +91.3% |
| 2005 | 23.14 billion constant 2015 US$ | +30.5% |
| 2006 | 31.53 billion constant 2015 US$ | +36.3% |
| 2007 | 40.41 billion constant 2015 US$ | +28.2% |
| 2008 | 41.30 billion constant 2015 US$ | +2.2% |
| 2009 | 33.42 billion constant 2015 US$ | -19.1% |
| 2010 | 33.77 billion constant 2015 US$ | +1.0% |
| 2011 | 38.90 billion constant 2015 US$ | +15.2% |
| 2012 | 48.26 billion constant 2015 US$ | +24.1% |
| 2013 | 41.52 billion constant 2015 US$ | -14.0% |
| 2014 | 32.00 billion constant 2015 US$ | -22.9% |
| 2015 | 24.34 billion constant 2015 US$ | -23.9% |
| 2016 | 11.18 billion constant 2015 US$ | -54.1% |
| 2017 | 3.92 billion constant 2015 US$ | -64.9% |
| 2018 | 2.70 billion constant 2015 US$ | -31.2% |
| 2019 | 3.59 billion constant 2015 US$ | +33.1% |
| 2020 | 2.44 billion constant 2015 US$ | -32.1% |
| 2021 | 2.65 billion constant 2015 US$ | +8.6% |
| 2022 | 2.77 billion constant 2015 US$ | +4.4% |
| 2023 | 2.83 billion constant 2015 US$ | +2.4% |
| 2024 | 2.93 billion constant 2015 US$ | +3.5% |
| 2025 | 2.83 billion constant 2015 US$ | -3.4% |
Venezuela compared with similar countries
- Venezuela's 2.83 billion constant 2015 US$ is below the median for lower middle income countries, which is 5.34 billion constant 2015 US$, 53% of the median. (42 countries reporting)
- Venezuela's 2.83 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 13.50 billion constant 2015 US$, 21% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.76 billion constant 2015 US$ | 7.26 billion constant 2015 US$ | 13.21 billion constant 2015 US$ | 10 |
| 1970s | 20.03 billion constant 2015 US$ | 13.85 billion constant 2015 US$ | 29.22 billion constant 2015 US$ | 10 |
| 1980s | 15.89 billion constant 2015 US$ | 8.97 billion constant 2015 US$ | 21.27 billion constant 2015 US$ | 10 |
| 1990s | 16.02 billion constant 2015 US$ | 8.27 billion constant 2015 US$ | 20.59 billion constant 2015 US$ | 10 |
| 2000s | 25.21 billion constant 2015 US$ | 9.27 billion constant 2015 US$ | 41.30 billion constant 2015 US$ | 10 |
| 2010s | 24.02 billion constant 2015 US$ | 2.70 billion constant 2015 US$ | 48.26 billion constant 2015 US$ | 10 |
| 2020s | 2.74 billion constant 2015 US$ | 2.44 billion constant 2015 US$ | 2.93 billion constant 2015 US$ | 6 |
Countries ranked near Venezuela
- 124 Madagascar 3.53 billion constant 2015 US$ compare
- 125 Moldova 3.49 billion constant 2015 US$ compare
- 126 Chad 3.25 billion constant 2015 US$ compare
- 128 Somalia 2.81 billion constant 2015 US$ compare
- 129 Mauritius 2.80 billion constant 2015 US$ compare
- 130 Kosovo 2.79 billion constant 2015 US$ compare
- 130 Kosovo (UNSCR 1244) 2.79 billion constant 2015 US$ compare
More economy & growth data for Venezuela
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0216 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 91.64 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.45 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0135 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 57.47 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is gross capital formation in Venezuela?
- Gross capital formation in Venezuela was 2.83 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Venezuela?
- The highest recorded value was 48.26 billion constant 2015 US$ in 2012.
- What is the lowest gross capital formation recorded in Venezuela?
- The lowest recorded value was 2.44 billion constant 2015 US$ in 2020.
- How does Venezuela rank for gross capital formation?
- Venezuela ranks 127th out of 163 countries with data for 2025.
- Is gross capital formation rising or falling in Venezuela?
- Over the last ten years it is down 88.4%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.