Gross Fixed Capital Formation — Value US$, annual growth rate in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Gross Fixed Capital Formation — Value US$, annual growth rate was -17.94 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, annual growth rate in Venezuela (Bolivarian Republic of), 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value us$, annual growth rate in Venezuela (Bolivarian Republic of) stood at -17.94 % change on previous year.
That represents a change of down 3,725.6% on the previous year and down 270.6% over ten years.
Over the whole period, gross fixed capital formation — value us$, annual growth rate in Venezuela (Bolivarian Republic of) peaked at 59.58 % change on previous year in 2004 and was at its lowest, -51.74 % change on previous year, in 2016.
Venezuela (Bolivarian Republic of) ranks 225th of 235 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, annual growth rate in Venezuela (Bolivarian Republic of), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 14.29 % change on previous year | — |
| 1972 | 19.38 % change on previous year | +35.7% |
| 1973 | 17.86 % change on previous year | -7.9% |
| 1974 | 15.15 % change on previous year | -15.2% |
| 1975 | 44.74 % change on previous year | +195.3% |
| 1976 | 38.18 % change on previous year | -14.7% |
| 1977 | 42.11 % change on previous year | +10.3% |
| 1978 | 18.52 % change on previous year | -56.0% |
| 1979 | -8.59 % change on previous year | -146.4% |
| 1980 | -1.71 % change on previous year | -80.1% |
| 1981 | 8.7 % change on previous year | -608.7% |
| 1982 | 0 % change on previous year | -100.0% |
| 1983 | -20.8 % change on previous year | — |
| 1984 | -44.91 % change on previous year | +115.9% |
| 1985 | 11.43 % change on previous year | -125.4% |
| 1986 | 14.67 % change on previous year | +28.4% |
| 1987 | -17.02 % change on previous year | -216.0% |
| 1988 | 34.36 % change on previous year | -301.9% |
| 1989 | -46.4 % change on previous year | -235.0% |
| 1990 | -6.64 % change on previous year | -85.7% |
| 1991 | 41.3 % change on previous year | -721.8% |
| 1992 | 33.46 % change on previous year | -19.0% |
| 1993 | -7.36 % change on previous year | -122.0% |
| 1994 | -13.31 % change on previous year | +81.0% |
| 1995 | 22.52 % change on previous year | -269.2% |
| 1996 | -12.71 % change on previous year | -156.4% |
| 1997 | 49.33 % change on previous year | -488.0% |
| 1998 | 19.33 % change on previous year | -60.8% |
| 1999 | -11 % change on previous year | -156.9% |
| 2000 | 6.01 % change on previous year | -154.6% |
| 2001 | 20.07 % change on previous year | +234.0% |
| 2002 | -31.1 % change on previous year | -255.0% |
| 2003 | -36.55 % change on previous year | +17.5% |
| 2004 | 59.58 % change on previous year | -263.0% |
| 2005 | 43.25 % change on previous year | -27.4% |
| 2006 | 38.73 % change on previous year | -10.5% |
| 2007 | 40.67 % change on previous year | +5.0% |
| 2008 | 21 % change on previous year | -48.4% |
| 2009 | 11.12 % change on previous year | -47.0% |
| 2010 | -5.08 % change on previous year | -145.7% |
| 2011 | -23.73 % change on previous year | +367.1% |
| 2012 | 38 % change on previous year | -260.1% |
| 2013 | 6.54 % change on previous year | -82.8% |
| 2014 | -4.84 % change on previous year | -174.0% |
| 2015 | 2.4 % change on previous year | -149.7% |
| 2016 | -51.74 % change on previous year | -2252.0% |
| 2017 | 4.81 % change on previous year | -109.3% |
| 2018 | -40.99 % change on previous year | -952.2% |
| 2019 | 3.27 % change on previous year | -108.0% |
| 2020 | -12.79 % change on previous year | -491.6% |
| 2021 | 1.21 % change on previous year | -109.4% |
| 2022 | -19.62 % change on previous year | -1723.9% |
| 2023 | 0.4948 % change on previous year | -102.5% |
| 2024 | -17.94 % change on previous year | -3725.6% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, annual growth rate in Venezuela (Bolivarian Republic of) 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 |
|---|---|---|---|
| 2024 | -3725.6% | 0.4948 % change on previous year | -17.94 % change on previous year |
| 2016 | -2252.0% | 2.4 % change on previous year | -51.74 % change on previous year |
| 2022 | -1723.9% | 1.21 % change on previous year | -19.62 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.4 % change on previous year | -8.59 % change on previous year | 44.74 % change on previous year | 9 |
| 1980s | -6.17 % change on previous year | -46.4 % change on previous year | 34.36 % change on previous year | 10 |
| 1990s | 11.49 % change on previous year | -13.31 % change on previous year | 49.33 % change on previous year | 10 |
| 2000s | 17.28 % change on previous year | -36.55 % change on previous year | 59.58 % change on previous year | 10 |
| 2010s | -7.14 % change on previous year | -51.74 % change on previous year | 38 % change on previous year | 10 |
| 2020s | -9.73 % change on previous year | -19.62 % change on previous year | 1.21 % change on previous year | 5 |
Countries ranked near Venezuela (Bolivarian Republic of)
- 222 Zambia -16.91 % change on previous year compare
- 223 Seychelles -17.32 % change on previous year compare
- 224 Ethiopia -17.4 % change on previous year compare
- 226 Yemen -18.94 % change on previous year compare
- 227 Ireland -22.35 % change on previous year compare
- 228 Malawi -27.87 % change on previous year compare
More economy & growth data for Venezuela (Bolivarian Republic of)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 5.01 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 -50 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth -35.55 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency 1.97 million million SLC (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 4.86 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices -5.21 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 161,016 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 14,501 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 0 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 5,131 million USD (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, annual growth rate in Venezuela (Bolivarian Republic of)?
- Gross fixed capital formation — value us$, annual growth rate in Venezuela (Bolivarian Republic of) was -17.94 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 59.58 % change on previous year in 2004.
- What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was -51.74 % change on previous year in 2016.
- How does Venezuela (Bolivarian Republic of) rank for gross fixed capital formation — value us$, annual growth rate?
- Venezuela (Bolivarian Republic of) ranks 225th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, annual growth rate rising or falling in Venezuela (Bolivarian Republic of)?
- Over the last ten years it is down 270.6%. The long-run trend across the full record is volatile.
- Where does this Venezuela (Bolivarian Republic of) data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.