Gross fixed capital formation, Private sector, Current … Domestic in Venezuela, República Bolivariana de
Venezuela, República Bolivariana de: Gross fixed capital formation, Private sector, Current … Domestic was 324.78 million in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Venezuela, República Bolivariana de, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, current prices in Venezuela, República Bolivariana de stood at 324.78 million. That is the highest value across all 50 years on record.
The figure is up 14,197.8% on the previous year and up 412,016,000.0% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Venezuela, República Bolivariana de peaked at 324.78 million in 2019 and was at its lowest, 0.0084, in 1970.
That places Venezuela, República Bolivariana de 1st out of 174 countries with data for 2019, 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 … Domestic in Venezuela, República Bolivariana de, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.0084 | — |
| 1971 | 0.0097 | +15.4% |
| 1972 | 0.0115 | +19.0% |
| 1973 | 0.0136 | +17.5% |
| 1974 | 0.0153 | +12.7% |
| 1975 | 0.0223 | +45.8% |
| 1976 | 0.0312 | +39.8% |
| 1977 | 0.0461 | +47.9% |
| 1978 | 0.0524 | +13.6% |
| 1979 | 0.0478 | -8.7% |
| 1980 | 0.0468 | -2.1% |
| 1981 | 0.0509 | +8.8% |
| 1982 | 0.0512 | +0.5% |
| 1983 | 0.0404 | -21.1% |
| 1984 | 0.061 | +51.0% |
| 1985 | 0.0685 | +12.4% |
| 1986 | 0.0762 | +11.3% |
| 1987 | 0.1196 | +56.9% |
| 1988 | 0.1539 | +28.6% |
| 1989 | 0.175 | +13.7% |
| 1990 | 0.1748 | -0.2% |
| 1991 | 0.2602 | +48.9% |
| 1992 | 0.5543 | +113.0% |
| 1993 | 0.7504 | +35.4% |
| 1994 | 0.9716 | +29.5% |
| 1995 | 1.27 | +30.6% |
| 1996 | 2.32 | +82.9% |
| 1997 | 6.24 | +168.6% |
| 1998 | 8.74 | +40.0% |
| 1999 | 9.5 | +8.8% |
| 2000 | 11.34 | +19.3% |
| 2001 | 15.17 | +33.8% |
| 2002 | 13.23 | -12.8% |
| 2003 | 10.76 | -18.7% |
| 2004 | 21.69 | +101.7% |
| 2005 | 36.75 | +69.4% |
| 2006 | 43.3 | +17.8% |
| 2007 | 63.78 | +47.3% |
| 2008 | 66.55 | +4.3% |
| 2009 | 78.83 | +18.4% |
| 2010 | 74.86 | -5.0% |
| 2011 | 85.34 | +14.0% |
| 2012 | 135.99 | +59.4% |
| 2013 | 204.29 | +50.2% |
| 2014 | 268.34 | +31.4% |
| 2015 | 974.5 | +263.2% |
| 2016 | 1,963 | +101.4% |
| 2017 | 17,140 | +773.2% |
| 2018 | 2.27 million | +13153.2% |
| 2019 | 324.78 million | +14197.8% |
Venezuela, República Bolivariana de compared with similar countries
- Venezuela, República Bolivariana de's 324.78 million is above the median for lower middle income countries, which is 506.27, 641509.1× the median. (41 countries reporting)
- Venezuela, República Bolivariana de's 324.78 million is above the median for Latin America & Caribbean, which is 59.82, 5429555.6× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Current … Domestic in Venezuela, República Bolivariana de 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 | +14197.8% | 2.27 million | 324.78 million |
| 2018 | +13153.2% | 17,140 | 2.27 million |
| 2017 | +773.2% | 1,963 | 17,140 |
| 2015 | +263.2% | 268.34 | 974.5 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0258 | 0.0084 | 0.0524 | 10 |
| 1980s | 0.0843 | 0.0404 | 0.175 | 10 |
| 1990s | 3.08 | 0.1748 | 9.5 | 10 |
| 2000s | 36.14 | 10.76 | 78.83 | 10 |
| 2010s | 32.71 million | 74.86 | 324.78 million | 10 |
Countries ranked near Venezuela, República Bolivariana de
More economy & growth data for Venezuela, República Bolivariana de
- 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, República Bolivariana de?
- Gross fixed capital formation, private sector, current prices in Venezuela, República Bolivariana de was 324.78 million in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Venezuela, República Bolivariana de?
- The highest recorded value was 324.78 million in 2019.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Venezuela, República Bolivariana de?
- The lowest recorded value was 0.0084 in 1970.
- How does Venezuela, República Bolivariana de rank for gross fixed capital formation, private sector, current prices?
- Venezuela, República Bolivariana de ranks 1st out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Venezuela, República Bolivariana de?
- Over the last ten years it is up 412,016,000.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela, República Bolivariana de data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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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.