Gross fixed capital formation, Private sector, Constant prices in Venezuela
Venezuela: Gross fixed capital formation, Private sector, Constant prices was 0.1175 in 2019. ▲ Rising
Gross fixed capital formation, Private sector, Constant prices in Venezuela, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, private sector, constant prices in Venezuela is 0.1175, measured in 2019. That is the lowest value across all 60 years on record.
The figure is down 29.3% on the previous year and down 97.2% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Venezuela peaked at 4.86 in 2007 and was at its lowest, 0.1175, in 2019.
Venezuela ranks 170th of 173 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Gross fixed capital formation, Private sector, Constant prices in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.9707 | — |
| 1961 | 1.01 | +4.0% |
| 1962 | 1.05 | +4.0% |
| 1963 | 1.09 | +4.0% |
| 1964 | 1.14 | +4.0% |
| 1965 | 1.18 | +4.0% |
| 1966 | 1.23 | +4.0% |
| 1967 | 1.28 | +4.0% |
| 1968 | 1.33 | +4.0% |
| 1969 | 1.38 | +4.0% |
| 1970 | 1.26 | -8.7% |
| 1971 | 1.42 | +12.2% |
| 1972 | 1.63 | +15.0% |
| 1973 | 1.78 | +9.4% |
| 1974 | 1.74 | -2.5% |
| 1975 | 2.18 | +25.6% |
| 1976 | 2.8 | +28.5% |
| 1977 | 3.78 | +34.9% |
| 1978 | 3.76 | -0.5% |
| 1979 | 3.01 | -20.0% |
| 1980 | 2.57 | -14.5% |
| 1981 | 2.65 | +3.0% |
| 1982 | 2.55 | -3.7% |
| 1983 | 1.88 | -26.3% |
| 1984 | 2.57 | +36.7% |
| 1985 | 2.57 | +0.0% |
| 1986 | 2.51 | -2.2% |
| 1987 | 2.67 | +6.4% |
| 1988 | 2.78 | +3.9% |
| 1989 | 1.84 | -33.8% |
| 1990 | 1.37 | -25.7% |
| 1991 | 1.61 | +17.8% |
| 1992 | 2.76 | +71.6% |
| 1993 | 2.86 | +3.6% |
| 1994 | 2.16 | -24.3% |
| 1995 | 1.93 | -10.8% |
| 1996 | 1.61 | -16.8% |
| 1997 | 3.06 | +90.3% |
| 1998 | 3.38 | +10.5% |
| 1999 | 3.15 | -6.7% |
| 2000 | 3.24 | +2.9% |
| 2001 | 3.86 | +19.1% |
| 2002 | 2.49 | -35.6% |
| 2003 | 1.45 | -41.7% |
| 2004 | 2.33 | +60.8% |
| 2005 | 3.46 | +48.2% |
| 2006 | 3.7 | +6.9% |
| 2007 | 4.86 | +31.5% |
| 2008 | 4.29 | -11.7% |
| 2009 | 4.19 | -2.3% |
| 2010 | 3.27 | -22.0% |
| 2011 | 3.07 | -6.1% |
| 2012 | 4.37 | +42.4% |
| 2013 | 3.98 | -9.0% |
| 2014 | 3.3 | -16.9% |
| 2015 | 2.63 | -20.4% |
| 2016 | 1.44 | -45.1% |
| 2017 | 0.7899 | -45.3% |
| 2018 | 0.1662 | -79.0% |
| 2019 | 0.1175 | -29.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.17 | 0.9707 | 1.38 | 10 |
| 1970s | 2.33 | 1.26 | 3.78 | 10 |
| 1980s | 2.46 | 1.84 | 2.78 | 10 |
| 1990s | 2.39 | 1.37 | 3.38 | 10 |
| 2000s | 3.39 | 1.45 | 4.86 | 10 |
| 2010s | 2.31 | 0.1175 | 4.37 | 10 |
Countries ranked near Venezuela
- 167 Comoros 0.1985 compare
- 168 Saint Vincent and the Grenadines 0.1338 compare
- 169 Eritrea 0.1209 compare
- 171 Sao Tome and Principe 0.079 compare
- 172 Guinea-Bissau 0.0496 compare
- 173 Dominica 0.0388 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)
- Industry (including construction), value added (constant LCU), annual -5.84 % change on previous year (2014)
- Industry (including construction), value added (constant LCU), per 0.0834 constant LCU per US$ of GDP (2014)
- Industry (including construction), value added (constant LCU), per 592.43 constant LCU per person (2014)
- Services, value added (current US$), annual growth rate -100 % change on previous year (1991)
- Services, value added (current US$), per unit of GDP 0 current US$ per US$ of GDP (2011)
- Services, value added (current US$), per capita 0 current US$ per person (2011)
- Services, value added (current LCU), annual growth rate -100 % change on previous year (1991)
- Services, value added (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Venezuela?
- Gross fixed capital formation, private sector, constant prices in Venezuela was 0.1175 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Venezuela?
- The highest recorded value was 4.86 in 2007.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Venezuela?
- The lowest recorded value was 0.1175 in 2019.
- How does Venezuela rank for gross fixed capital formation, private sector, constant prices?
- Venezuela ranks 170th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Venezuela?
- Over the last ten years it is down 97.2%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.