Gross savings (current LCU), per unit of GDP in Venezuela
Venezuela: Gross savings (current LCU), per unit of GDP was 0 current LCU per US$ of GDP in 2016. ◆ Volatile
Gross savings (current LCU), per unit of GDP in Venezuela, 1970–2016
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross savings (current lcu), per unit of gdp in Venezuela is 0 current LCU per US$ of GDP, measured in 2016. That is the highest value across all 47 years on record.
The figure is up 176.0% on the previous year and up 3,656.3% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Venezuela peaked at 0 current LCU per US$ of GDP in 2016 and was at its lowest, 0 current LCU per US$ of GDP, in 1983.
That places Venezuela 173rd out of 178 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), per unit of GDP in Venezuela, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 current LCU per US$ of GDP | — |
| 1971 | 0 current LCU per US$ of GDP | -5.6% |
| 1972 | 0 current LCU per US$ of GDP | -1.9% |
| 1973 | 0 current LCU per US$ of GDP | +9.7% |
| 1974 | 0 current LCU per US$ of GDP | +51.0% |
| 1975 | 0 current LCU per US$ of GDP | -21.0% |
| 1976 | 0 current LCU per US$ of GDP | -12.1% |
| 1977 | 0 current LCU per US$ of GDP | -7.9% |
| 1978 | 0 current LCU per US$ of GDP | -21.5% |
| 1979 | 0 current LCU per US$ of GDP | +20.4% |
| 1980 | 0 current LCU per US$ of GDP | +2.4% |
| 1981 | 0 current LCU per US$ of GDP | -17.6% |
| 1982 | 0 current LCU per US$ of GDP | -39.4% |
| 1983 | 0 current LCU per US$ of GDP | -65.7% |
| 1984 | 0 current LCU per US$ of GDP | +970.6% |
| 1985 | 0 current LCU per US$ of GDP | +2.7% |
| 1986 | 0 current LCU per US$ of GDP | -19.2% |
| 1987 | 0 current LCU per US$ of GDP | +119.0% |
| 1988 | 0 current LCU per US$ of GDP | -15.0% |
| 1989 | 0 current LCU per US$ of GDP | +161.4% |
| 1990 | 0 current LCU per US$ of GDP | +79.3% |
| 1991 | 0 current LCU per US$ of GDP | +302.7% |
| 1992 | 0 current LCU per US$ of GDP | +18.2% |
| 1993 | 0 current LCU per US$ of GDP | +32.9% |
| 1994 | 0 current LCU per US$ of GDP | +63.6% |
| 1995 | 0 current LCU per US$ of GDP | +20.3% |
| 1996 | 0 current LCU per US$ of GDP | +136.3% |
| 1997 | 0 current LCU per US$ of GDP | +16.2% |
| 1998 | 0 current LCU per US$ of GDP | +12.1% |
| 1999 | 0 current LCU per US$ of GDP | +12.2% |
| 2000 | 0 current LCU per US$ of GDP | +12.5% |
| 2001 | 0 current LCU per US$ of GDP | +6.0% |
| 2002 | 0 current LCU per US$ of GDP | +58.2% |
| 2003 | 0 current LCU per US$ of GDP | +39.0% |
| 2004 | 0 current LCU per US$ of GDP | +17.1% |
| 2005 | 0 current LCU per US$ of GDP | +12.3% |
| 2006 | 0 current LCU per US$ of GDP | +3.7% |
| 2007 | 0 current LCU per US$ of GDP | +1.3% |
| 2008 | 0 current LCU per US$ of GDP | -0.9% |
| 2009 | 0 current LCU per US$ of GDP | -0.9% |
| 2010 | 0 current LCU per US$ of GDP | +20.0% |
| 2011 | 0 current LCU per US$ of GDP | +63.6% |
| 2012 | 0 current LCU per US$ of GDP | -68.2% |
| 2013 | 0 current LCU per US$ of GDP | +82.5% |
| 2014 | 0 current LCU per US$ of GDP | +261.0% |
| 2015 | 0 current LCU per US$ of GDP | +232.2% |
| 2016 | 0 current LCU per US$ of GDP | +176.0% |
Venezuela compared with similar countries
- Venezuela's 0 current LCU per US$ of GDP is below the median for lower middle income countries, which is 10.43 current LCU per US$ of GDP, 0% of the median. (45 countries reporting)
- Venezuela's 0 current LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 1.5 current LCU per US$ of GDP, 0% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), per unit of GDP in Venezuela 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 |
|---|---|---|---|
| 1984 | +970.6% | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP |
| 1991 | +302.7% | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP |
| 2014 | +261.0% | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 10 |
| 1980s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 10 |
| 1990s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 10 |
| 2000s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 10 |
| 2010s | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 0 current LCU per US$ of GDP | 7 |
Countries ranked near Venezuela
- 170 Solomon Islands 0.0914 current LCU per US$ of GDP compare
- 171 Jordan 0.091 current LCU per US$ of GDP compare
- 172 Montenegro 0.0624 current LCU per US$ of GDP compare
- 174 Palau -0.1299 current LCU per US$ of GDP compare
- 175 East Timor -0.2113 current LCU per US$ of GDP compare
- 176 Yemen -12.8 current LCU per US$ of GDP compare
More economy & growth data for Venezuela
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0216 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 91.64 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.45 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0135 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 57.47 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Venezuela?
- Gross savings (current lcu), per unit of gdp in Venezuela was 0 current LCU per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Venezuela?
- The highest recorded value was 0 current LCU per US$ of GDP in 2016.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Venezuela?
- The lowest recorded value was 0 current LCU per US$ of GDP in 1983.
- How does Venezuela rank for gross savings (current lcu), per unit of gdp?
- Venezuela ranks 173rd out of 178 countries with data for 2016.
- Is gross savings (current lcu), per unit of gdp rising or falling in Venezuela?
- Over the last ten years it is up 3,656.3%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.