Gross fixed capital formation, Private sector … unit Domestic in Venezuela
Venezuela: Gross fixed capital formation, Private sector … unit Domestic was 0.0044 units per US$ of GDP in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Venezuela, 1970–2019
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
In 2019, gross fixed capital formation, private sector, current prices in Venezuela stood at 0.0044 units per US$ of GDP. That is the highest value across all 50 years on record.
That represents a change of up 19,871.3% on the previous year and up 1,860,980,000.0% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Venezuela peaked at 0.0044 units per US$ of GDP in 2019 and was at its lowest, 0 units per US$ of GDP, in 1974.
Venezuela ranks 1st of 172 countries on this measure, 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 … unit Domestic in Venezuela, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 units per US$ of GDP | — |
| 1971 | 0 units per US$ of GDP | +2.8% |
| 1972 | 0 units per US$ of GDP | +10.5% |
| 1973 | 0 units per US$ of GDP | -3.6% |
| 1974 | 0 units per US$ of GDP | -26.4% |
| 1975 | 0 units per US$ of GDP | +38.6% |
| 1976 | 0 units per US$ of GDP | +22.2% |
| 1977 | 0 units per US$ of GDP | +28.3% |
| 1978 | 0 units per US$ of GDP | +4.6% |
| 1979 | 0 units per US$ of GDP | -25.7% |
| 1980 | 0 units per US$ of GDP | -20.0% |
| 1981 | 0 units per US$ of GDP | -3.0% |
| 1982 | 0 units per US$ of GDP | -1.5% |
| 1983 | 0 units per US$ of GDP | -20.9% |
| 1984 | 0 units per US$ of GDP | +70.4% |
| 1985 | 0 units per US$ of GDP | +8.6% |
| 1986 | 0 units per US$ of GDP | +14.0% |
| 1987 | 0 units per US$ of GDP | +97.7% |
| 1988 | 0 units per US$ of GDP | +2.6% |
| 1989 | 0 units per US$ of GDP | +57.4% |
| 1990 | 0 units per US$ of GDP | -10.6% |
| 1991 | 0 units per US$ of GDP | +35.4% |
| 1992 | 0 units per US$ of GDP | +88.5% |
| 1993 | 0 units per US$ of GDP | +36.2% |
| 1994 | 0 units per US$ of GDP | +33.1% |
| 1995 | 0 units per US$ of GDP | -1.4% |
| 1996 | 0 units per US$ of GDP | +100.7% |
| 1997 | 0 units per US$ of GDP | +120.8% |
| 1998 | 0 units per US$ of GDP | +31.6% |
| 1999 | 0 units per US$ of GDP | +1.4% |
| 2000 | 0 units per US$ of GDP | -0.2% |
| 2001 | 0 units per US$ of GDP | +27.5% |
| 2002 | 0 units per US$ of GDP | +15.4% |
| 2003 | 0 units per US$ of GDP | -9.7% |
| 2004 | 0 units per US$ of GDP | +50.0% |
| 2005 | 0 units per US$ of GDP | +30.9% |
| 2006 | 0 units per US$ of GDP | -6.6% |
| 2007 | 0 units per US$ of GDP | +17.3% |
| 2008 | 0 units per US$ of GDP | -23.9% |
| 2009 | 0 units per US$ of GDP | +13.5% |
| 2010 | 0 units per US$ of GDP | -20.3% |
| 2011 | 0 units per US$ of GDP | +41.6% |
| 2012 | 0 units per US$ of GDP | +35.6% |
| 2013 | 0 units per US$ of GDP | +116.1% |
| 2014 | 0 units per US$ of GDP | +58.1% |
| 2015 | 0 units per US$ of GDP | +522.9% |
| 2016 | 0 units per US$ of GDP | +123.4% |
| 2017 | 0 units per US$ of GDP | +751.0% |
| 2018 | 0 units per US$ of GDP | +14960.1% |
| 2019 | 0.0044 units per US$ of GDP | +19871.4% |
Venezuela compared with similar countries
- Venezuela's 0.0044 units per US$ of GDP is above the median for lower middle income countries, which is 0 units per US$ of GDP, 261006.7× the median. (41 countries reporting)
- Venezuela's 0.0044 units per US$ of GDP is above the median for Latin America & Caribbean, which is 0 units per US$ of GDP, 5308233.2× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector … unit Domestic 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 |
|---|---|---|---|
| 2019 | +19871.4% | 0 units per US$ of GDP | 0.0044 units per US$ of GDP |
| 2018 | +14960.1% | 0 units per US$ of GDP | 0 units per US$ of GDP |
| 2017 | +751.0% | 0 units per US$ of GDP | 0 units per US$ of GDP |
| 2015 | +522.9% | 0 units per US$ of GDP | 0 units per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 1980s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 1990s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2010s | 0.0004 units per US$ of GDP | 0 units per US$ of GDP | 0.0044 units per US$ of GDP | 10 |
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)
- SDRs holdings, US dollar, annual growth rate 2.6 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0458 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 159.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.29 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0334 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 116.8 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0477 units per US$ of GDP (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 0.0044 units per US$ of GDP in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, current prices recorded in Venezuela?
- The highest recorded value was 0.0044 units per US$ of GDP in 2019.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Venezuela?
- The lowest recorded value was 0 units per US$ of GDP in 1974.
- How does Venezuela rank for gross fixed capital formation, private sector, current prices?
- Venezuela ranks 1st out of 172 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Venezuela?
- Over the last ten years it is up 1,860,980,000.0%. 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, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed capital formation, Private sector, Current prices, Domestic currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation, Private sector, Current prices, Domestic currency ÷ GDP (current US$)
Computed from
- Gross fixed capital formation, Private sector, Current prices International Monetary Fund
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross fixed capital formation, Private sector, Current prices, Domestic currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.