Gross Fixed Capital Formation — Value US$, 2015 prices in Venezuela (Bolivarian Republic of)

Venezuela (Bolivarian Republic of): Gross Fixed Capital Formation — Value US$, 2015 prices was 5,131 million USD in 2024. ◆ Volatile

Latest (2024)
5,131 million USD
Change on year
down 35.6%
World rank
14th
of 19 countries
All-time high
133,610 million USD
in 2012
All-time low
5,131 million USD
in 2024
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$, 2015 prices in Venezuela (Bolivarian Republic of), 1970–2024

050.0k100.0k150.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Venezuela (Bolivarian Republic of) recorded 5,131 million USD for gross fixed capital formation — value us$, 2015 prices in 2024. That is the lowest value across all 55 years on record.

The figure is down 35.6% on the previous year and down 94.9% over ten years.

Over the whole period, gross fixed capital formation — value us$, 2015 prices in Venezuela (Bolivarian Republic of) peaked at 133,610 million USD in 2012 and was at its lowest, 5,131 million USD, in 2024.

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

Gross Fixed Capital Formation — Value US$, 2015 prices in Venezuela (Bolivarian Republic of), year by year

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices in Venezuela (Bolivarian Republic of), 1970 to 2024.
Year million USD Change
1970 38,636 million USD
1971 43,347 million USD +12.2%
1972 49,836 million USD +15.0%
1973 54,516 million USD +9.4%
1974 53,167 million USD -2.5%
1975 66,802 million USD +25.6%
1976 85,823 million USD +28.5%
1977 110,670 million USD +29.0%
1978 115,080 million USD +4.0%
1979 92,018 million USD -20.0%
1980 78,658 million USD -14.5%
1981 81,020 million USD +3.0%
1982 77,996 million USD -3.7%
1983 57,454 million USD -26.3%
1984 46,616 million USD -18.9%
1985 49,664 million USD +6.5%
1986 54,062 million USD +8.9%
1987 54,344 million USD +0.5%
1988 59,166 million USD +8.9%
1989 44,077 million USD -25.5%
1990 41,433 million USD -6.0%
1991 56,160 million USD +35.5%
1992 72,623 million USD +29.3%
1993 68,378 million USD -5.8%
1994 56,007 million USD -18.1%
1995 56,454 million USD +0.8%
1996 52,909 million USD -6.3%
1997 65,545 million USD +23.9%
1998 69,157 million USD +5.5%
1999 58,405 million USD -15.5%
2000 59,932 million USD +2.6%
2001 68,194 million USD +13.8%
2002 55,676 million USD -18.4%
2003 35,060 million USD -37.0%
2004 52,498 million USD +49.7%
2005 72,666 million USD +38.4%
2006 93,944 million USD +29.3%
2007 118,012 million USD +25.6%
2008 120,883 million USD +2.4%
2009 110,793 million USD -8.3%
2010 103,819 million USD -6.3%
2011 108,358 million USD +4.4%
2012 133,610 million USD +23.3%
2013 121,539 million USD -9.0%
2014 100,985 million USD -16.9%
2015 80,400 million USD -20.4%
2016 44,101 million USD -45.1%
2017 24,136 million USD -45.3%
2018 15,077 million USD -37.5%
2019 10,746 million USD -28.7%
2020 7,514 million USD -30.1%
2021 7,287 million USD -3.0%
2022 7,704 million USD +5.7%
2023 7,962 million USD +3.3%
2024 5,131 million USD -35.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 70,989 million USD 38,636 million USD 115,080 million USD 10
1980s 60,306 million USD 44,077 million USD 81,020 million USD 10
1990s 59,707 million USD 41,433 million USD 72,623 million USD 10
2000s 78,766 million USD 35,060 million USD 120,883 million USD 10
2010s 74,277 million USD 10,746 million USD 133,610 million USD 10
2020s 7,119 million USD 5,131 million USD 7,962 million USD 5

Countries ranked near Venezuela (Bolivarian Republic of)

  1. 11 Australia 399,804 million USD compare
  2. 11 Syrian Arab Republic 7,348 million USD compare
  3. 12 Indonesia 390,633 million USD compare
  4. 12 Melanesia 6,546 million USD compare
  5. 13 Lao People's Democratic Republic 6,487 million USD compare
  6. 13 Russian Federation 387,507 million USD compare
  7. 14 Canada 375,620 million USD compare
  8. 15 Brazil 351,696 million USD compare
  9. 15 Polynesia 1,746 million USD compare
  10. 16 Mexico 320,400 million USD compare
  11. 16 Republic of Moldova 407.96 million USD compare
  12. 17 Spain 275,397 million USD compare
  13. 17 Micronesia 350.6 million USD compare

See the full ranking of 251 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 us$, 2015 prices in Venezuela (Bolivarian Republic of)?
Gross fixed capital formation — value us$, 2015 prices in Venezuela (Bolivarian Republic of) was 5,131 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Venezuela (Bolivarian Republic of)?
The highest recorded value was 133,610 million USD in 2012.
What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Venezuela (Bolivarian Republic of)?
The lowest recorded value was 5,131 million USD in 2024.
How does Venezuela (Bolivarian Republic of) rank for gross fixed capital formation — value us$, 2015 prices?
Venezuela (Bolivarian Republic of) ranks 14th out of 19 countries with data for 2024.
Is gross fixed capital formation — value us$, 2015 prices rising or falling in Venezuela (Bolivarian Republic of)?
Over the last ten years it is down 94.9%. The long-run trend across the full record is volatile.
Where does this Venezuela (Bolivarian Republic of) data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, 2015 prices in Venezuela (Bolivarian Republic of). Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 07 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices/venezuela-bolivarian-republic-of/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).