Gross Fixed Capital Formation — Value Standard Local Currency, annual in Venezuela (Bolivarian Republic of)

Venezuela (Bolivarian Republic of): Gross Fixed Capital Formation — Value Standard Local Currency, annual was 5.01 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.01 % change on previous year
Change on year
down 98.4%
World rank
141st
of 230 countries
All-time high
771.05 % change on previous year
in 2017
All-time low
0 % change on previous year
in 2006
Years of data
15
2006–2024

Gross Fixed Capital Formation — Value Standard Local Currency, annual in Venezuela (Bolivarian Republic of), 2006–2024

02004006008002006201520242006: 0 % change on previous year2007: 0 % change on previous year2008: 0 % change on previous year2009: 100 % change on previous year2010: 0 % change on previous year2011: 0 % change on previous year2012: 50 % change on previous year2013: 66.7 % change on previous year2014: 40 % change on previous year2015: 171.4 % change on previous year2016: 100 % change on previous year2017: 771.1 % change on previous year2022: 137.1 % change on previous year2023: 321.3 % change on previous year2024: 5 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation — value standard local currency, annual in Venezuela (Bolivarian Republic of) is 5.01 % change on previous year, measured in 2024.

The figure is down 98.4% on the previous year and down 87.5% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, annual in Venezuela (Bolivarian Republic of) peaked at 771.05 % change on previous year in 2017 and was at its lowest, 0 % change on previous year, in 2006.

That places Venezuela (Bolivarian Republic of) 141st out of 230 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value Standard Local Currency, annual in Venezuela (Bolivarian Republic of), year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate in Venezuela (Bolivarian Republic of), 2006 to 2024.
Year % change on previous year Change
2006 0 % change on previous year
2007 0 % change on previous year
2008 0 % change on previous year
2009 100 % change on previous year
2010 0 % change on previous year -100.0%
2011 0 % change on previous year
2012 50 % change on previous year
2013 66.67 % change on previous year +33.3%
2014 40 % change on previous year -40.0%
2015 171.43 % change on previous year +328.6%
2016 100 % change on previous year -41.7%
2017 771.05 % change on previous year +671.1%
2022 137.07 % change on previous year -82.2%
2023 321.32 % change on previous year +134.4%
2024 5.01 % change on previous year -98.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 25 % change on previous year 0 % change on previous year 100 % change on previous year 4
2010s 149.89 % change on previous year 0 % change on previous year 771.05 % change on previous year 8
2020s 154.47 % change on previous year 5.01 % change on previous year 321.32 % change on previous year 3

Countries ranked near Venezuela (Bolivarian Republic of)

  1. 138 Portugal 5.11 % change on previous year compare
  2. 139 Bulgaria 5.08 % change on previous year compare
  3. 140 Togo 5.06 % change on previous year compare
  4. 142 Cook Islands 4.86 % change on previous year compare
  5. 143 Cambodia 4.84 % change on previous year compare
  6. 144 Papua New Guinea 4.74 % change on previous year compare

See the full ranking of 231 places →

More economy & growth data for Venezuela (Bolivarian Republic of)

All data for Venezuela (Bolivarian Republic of) →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, annual in Venezuela (Bolivarian Republic of)?
Gross fixed capital formation — value standard local currency, annual in Venezuela (Bolivarian Republic of) was 5.01 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, annual recorded in Venezuela (Bolivarian Republic of)?
The highest recorded value was 771.05 % change on previous year in 2017.
What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Venezuela (Bolivarian Republic of)?
The lowest recorded value was 0 % change on previous year in 2006.
How does Venezuela (Bolivarian Republic of) rank for gross fixed capital formation — value standard local currency, annual?
Venezuela (Bolivarian Republic of) ranks 141st out of 230 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, annual rising or falling in Venezuela (Bolivarian Republic of)?
Over the last ten years it is down 87.5%. The long-run trend across the full record is volatile.
Where does this Venezuela (Bolivarian Republic of) data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, annual in Venezuela (Bolivarian Republic of). Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/venezuela-bolivarian-republic-of/

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<a href="https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/venezuela-bolivarian-republic-of/">Gross Fixed Capital Formation — Value Standard Local Currency, annual in Venezuela (Bolivarian Republic of)</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,310 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.