Gross fixed capital formation, Private sector, Current prices in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Gross fixed capital formation, Private sector, Current prices was 324.78 million in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Venezuela, Bolivarian Republic of, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, private sector, current prices in Venezuela, Bolivarian Republic of 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, Bolivarian Republic of peaked at 324.78 million in 2019 and was at its lowest, 0.0084, in 1970.
That places Venezuela, Bolivarian Republic of 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 prices in Venezuela, Bolivarian Republic of, 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% |
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, Bolivarian Republic of
More economy & growth data for Venezuela, Bolivarian Republic of
- 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)
- Manufacturing, value added (current US$), per unit of GDP 0 current US$ per US$ of GDP (2011)
- Manufacturing, value added (current US$), per capita 0 current US$ per person (2011)
- Manufacturing, value added (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Manufacturing, value added (current LCU), per capita 0 current LCU per person (2011)
- Manufacturing, value added (constant LCU), per capita 229.58 constant LCU per person (2014)
- Industry (including construction), value added (current US$), annual -100 % change on previous year (1991)
- Industry (including construction), value added (current US$), per 0 current US$ per US$ of GDP (2011)
- Industry (including construction), value added (current US$), per 0 current US$ per person (2011)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in Venezuela, Bolivarian Republic of?
- Gross fixed capital formation, private sector, current prices in Venezuela, Bolivarian Republic of 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, Bolivarian Republic of?
- 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, Bolivarian Republic of?
- The lowest recorded value was 0.0084 in 1970.
- How does Venezuela, Bolivarian Republic of rank for gross fixed capital formation, private sector, current prices?
- Venezuela, Bolivarian Republic of ranks 1st out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Venezuela, Bolivarian Republic of?
- 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, Bolivarian Republic of 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.