Gross fixed capital formation, Private sector, Current prices in Venezuela
Venezuela: Gross fixed capital formation, Private sector, Current prices was 773.2 % change on previous year in 2017. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Venezuela, 1971–2017
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2017, gross fixed capital formation, private sector, current prices in Venezuela stood at 773.2 % change on previous year. That is the highest value across all 47 years on record.
The figure is up 662.4% on the previous year and up 1,534.6% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Venezuela peaked at 773.2 % change on previous year in 2017 and was at its lowest, -21.12 % change on previous year, in 1983.
That places Venezuela 1st out of 174 countries with data for 2017, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Current prices in Venezuela, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 15.44 % change on previous year | — |
| 1972 | 18.95 % change on previous year | +22.8% |
| 1973 | 17.51 % change on previous year | -7.6% |
| 1974 | 12.72 % change on previous year | -27.4% |
| 1975 | 45.82 % change on previous year | +260.2% |
| 1976 | 39.78 % change on previous year | -13.2% |
| 1977 | 47.91 % change on previous year | +20.4% |
| 1978 | 13.61 % change on previous year | -71.6% |
| 1979 | -8.75 % change on previous year | -164.3% |
| 1980 | -2.15 % change on previous year | -75.4% |
| 1981 | 8.79 % change on previous year | -509.2% |
| 1982 | 0.5446 % change on previous year | -93.8% |
| 1983 | -21.12 % change on previous year | -3977.5% |
| 1984 | 51.02 % change on previous year | -341.6% |
| 1985 | 12.37 % change on previous year | -75.8% |
| 1986 | 11.3 % change on previous year | -8.7% |
| 1987 | 56.9 % change on previous year | +403.7% |
| 1988 | 28.65 % change on previous year | -49.6% |
| 1989 | 13.75 % change on previous year | -52.0% |
| 1990 | -0.1514 % change on previous year | -101.1% |
| 1991 | 48.87 % change on previous year | -32379.5% |
| 1992 | 113.05 % change on previous year | +131.3% |
| 1993 | 35.38 % change on previous year | -68.7% |
| 1994 | 29.48 % change on previous year | -16.7% |
| 1995 | 30.65 % change on previous year | +4.0% |
| 1996 | 82.94 % change on previous year | +170.6% |
| 1997 | 168.62 % change on previous year | +103.3% |
| 1998 | 40.03 % change on previous year | -76.3% |
| 1999 | 8.8 % change on previous year | -78.0% |
| 2000 | 19.28 % change on previous year | +119.1% |
| 2001 | 33.79 % change on previous year | +75.2% |
| 2002 | -12.78 % change on previous year | -137.8% |
| 2003 | -18.68 % change on previous year | +46.1% |
| 2004 | 101.65 % change on previous year | -644.3% |
| 2005 | 69.42 % change on previous year | -31.7% |
| 2006 | 17.82 % change on previous year | -74.3% |
| 2007 | 47.3 % change on previous year | +165.5% |
| 2008 | 4.35 % change on previous year | -90.8% |
| 2009 | 18.44 % change on previous year | +323.9% |
| 2010 | -5.03 % change on previous year | -127.3% |
| 2011 | 14 % change on previous year | -378.1% |
| 2012 | 59.35 % change on previous year | +324.0% |
| 2013 | 50.22 % change on previous year | -15.4% |
| 2014 | 31.36 % change on previous year | -37.6% |
| 2015 | 263.15 % change on previous year | +739.2% |
| 2016 | 101.42 % change on previous year | -61.5% |
| 2017 | 773.2 % change on previous year | +662.4% |
Venezuela compared with similar countries
- Venezuela's 773.2 % change on previous year is above the median for lower middle income countries, which is 8.41 % change on previous year, 91.9× the median. (41 countries reporting)
- Venezuela's 773.2 % change on previous year is above the median for Latin America & Caribbean, which is 4.81 % change on previous year, 160.8× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Current prices in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +32379.5% | -0.1514 % change on previous year | 48.87 % change on previous year |
| 1983 | -3977.5% | 0.5446 % change on previous year | -21.12 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.55 % change on previous year | -8.75 % change on previous year | 47.91 % change on previous year | 9 |
| 1980s | 16 % change on previous year | -21.12 % change on previous year | 56.9 % change on previous year | 10 |
| 1990s | 55.77 % change on previous year | -0.1514 % change on previous year | 168.62 % change on previous year | 10 |
| 2000s | 28.06 % change on previous year | -18.68 % change on previous year | 101.65 % change on previous year | 10 |
| 2010s | 160.96 % change on previous year | -5.03 % change on previous year | 773.2 % change on previous year | 8 |
Countries ranked near Venezuela
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)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0348 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 121.61 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.084 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 293.49 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in Venezuela?
- Gross fixed capital formation, private sector, current prices in Venezuela was 773.2 % change on previous year in 2017, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, current prices recorded in Venezuela?
- The highest recorded value was 773.2 % change on previous year in 2017.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Venezuela?
- The lowest recorded value was -21.12 % change on previous year in 1983.
- How does Venezuela rank for gross fixed capital formation, private sector, current prices?
- Venezuela ranks 1st out of 174 countries with data for 2017.
- Is gross fixed capital formation, private sector, current prices rising or falling in Venezuela?
- Over the last ten years it is up 1,534.6%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, Private sector, Current prices International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.