Gross savings (current US$), per unit of GDP in Venezuela
Venezuela: Gross savings (current US$), per unit of GDP was 0.2522 current US$ per US$ of GDP in 2016. ◆ Volatile
Gross savings (current US$), per unit of GDP in Venezuela, 1970–2016
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2016, gross savings (current us$), per unit of gdp in Venezuela stood at 0.2522 current US$ per US$ of GDP.
The figure is down 26.5% on the previous year and down 74.6% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Venezuela peaked at 1.01 current US$ per US$ of GDP in 2007 and was at its lowest, 0.0415 current US$ per US$ of GDP, in 1983.
Venezuela ranks 67th of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$), per unit of GDP in Venezuela, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.244 current US$ per US$ of GDP | — |
| 1971 | 0.2357 current US$ per US$ of GDP | -3.4% |
| 1972 | 0.2311 current US$ per US$ of GDP | -1.9% |
| 1973 | 0.2596 current US$ per US$ of GDP | +12.3% |
| 1974 | 0.392 current US$ per US$ of GDP | +51.0% |
| 1975 | 0.3099 current US$ per US$ of GDP | -21.0% |
| 1976 | 0.2722 current US$ per US$ of GDP | -12.1% |
| 1977 | 0.2507 current US$ per US$ of GDP | -7.9% |
| 1978 | 0.1967 current US$ per US$ of GDP | -21.5% |
| 1979 | 0.2369 current US$ per US$ of GDP | +20.4% |
| 1980 | 0.2425 current US$ per US$ of GDP | +2.4% |
| 1981 | 0.1997 current US$ per US$ of GDP | -17.6% |
| 1982 | 0.1211 current US$ per US$ of GDP | -39.4% |
| 1983 | 0.0415 current US$ per US$ of GDP | -65.7% |
| 1984 | 0.2724 current US$ per US$ of GDP | +556.1% |
| 1985 | 0.2619 current US$ per US$ of GDP | -3.9% |
| 1986 | 0.1964 current US$ per US$ of GDP | -25.0% |
| 1987 | 0.2398 current US$ per US$ of GDP | +22.1% |
| 1988 | 0.2039 current US$ per US$ of GDP | -15.0% |
| 1989 | 0.2228 current US$ per US$ of GDP | +9.2% |
| 1990 | 0.2955 current US$ per US$ of GDP | +32.7% |
| 1991 | 0.982 current US$ per US$ of GDP | +232.3% |
| 1992 | 0.9649 current US$ per US$ of GDP | -1.7% |
| 1993 | 0.9653 current US$ per US$ of GDP | +0.0% |
| 1994 | 0.9663 current US$ per US$ of GDP | +0.1% |
| 1995 | 0.9763 current US$ per US$ of GDP | +1.0% |
| 1996 | 0.9775 current US$ per US$ of GDP | +0.1% |
| 1997 | 0.9702 current US$ per US$ of GDP | -0.7% |
| 1998 | 0.9705 current US$ per US$ of GDP | +0.0% |
| 1999 | 0.9844 current US$ per US$ of GDP | +1.4% |
| 2000 | 0.9867 current US$ per US$ of GDP | +0.2% |
| 2001 | 0.9823 current US$ per US$ of GDP | -0.4% |
| 2002 | 0.9687 current US$ per US$ of GDP | -1.4% |
| 2003 | 0.9741 current US$ per US$ of GDP | +0.6% |
| 2004 | 0.9683 current US$ per US$ of GDP | -0.6% |
| 2005 | 0.9845 current US$ per US$ of GDP | +1.7% |
| 2006 | 0.9941 current US$ per US$ of GDP | +1.0% |
| 2007 | 1.01 current US$ per US$ of GDP | +1.3% |
| 2008 | 0.9992 current US$ per US$ of GDP | -0.8% |
| 2009 | 0.9899 current US$ per US$ of GDP | -0.9% |
| 2010 | 0.9854 current US$ per US$ of GDP | -0.5% |
| 2011 | 0.9722 current US$ per US$ of GDP | -1.3% |
| 2012 | 0.2854 current US$ per US$ of GDP | -70.6% |
| 2013 | 0.2567 current US$ per US$ of GDP | -10.1% |
| 2014 | 0.3907 current US$ per US$ of GDP | +52.2% |
| 2015 | 0.3433 current US$ per US$ of GDP | -12.1% |
| 2016 | 0.2522 current US$ per US$ of GDP | -26.5% |
Venezuela compared with similar countries
- Venezuela's 0.2522 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.1588 current US$ per US$ of GDP, 1.6× the median. (45 countries reporting)
- Venezuela's 0.2522 current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.1932 current US$ per US$ of GDP, 1.3× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), per unit of GDP in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +556.1% | 0.0415 current US$ per US$ of GDP | 0.2724 current US$ per US$ of GDP |
| 1991 | +232.3% | 0.2955 current US$ per US$ of GDP | 0.982 current US$ per US$ of GDP |
| 2012 | -70.6% | 0.9722 current US$ per US$ of GDP | 0.2854 current US$ per US$ of GDP |
| 1983 | -65.7% | 0.1211 current US$ per US$ of GDP | 0.0415 current US$ per US$ of GDP |
| 2014 | +52.2% | 0.2567 current US$ per US$ of GDP | 0.3907 current US$ per US$ of GDP |
| 1974 | +51.0% | 0.2596 current US$ per US$ of GDP | 0.392 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2629 current US$ per US$ of GDP | 0.1967 current US$ per US$ of GDP | 0.392 current US$ per US$ of GDP | 10 |
| 1980s | 0.2002 current US$ per US$ of GDP | 0.0415 current US$ per US$ of GDP | 0.2724 current US$ per US$ of GDP | 10 |
| 1990s | 0.9053 current US$ per US$ of GDP | 0.2955 current US$ per US$ of GDP | 0.9844 current US$ per US$ of GDP | 10 |
| 2000s | 0.9855 current US$ per US$ of GDP | 0.9683 current US$ per US$ of GDP | 1.01 current US$ per US$ of GDP | 10 |
| 2010s | 0.498 current US$ per US$ of GDP | 0.2522 current US$ per US$ of GDP | 0.9854 current US$ per US$ of GDP | 7 |
Countries ranked near Venezuela
- 64 Mongolia 0.2564 current US$ per US$ of GDP compare
- 65 Belarus 0.255 current US$ per US$ of GDP compare
- 66 Slovenia 0.255 current US$ per US$ of GDP compare
- 68 Kosovo 0.252 current US$ per US$ of GDP compare
- 68 Kosovo (UNSCR 1244) 0.252 current US$ per US$ of GDP compare
- 70 Estonia 0.2476 current US$ 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$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Venezuela?
- Gross savings (current us$), per unit of gdp in Venezuela was 0.2522 current US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Venezuela?
- The highest recorded value was 1.01 current US$ per US$ of GDP in 2007.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Venezuela?
- The lowest recorded value was 0.0415 current US$ per US$ of GDP in 1983.
- How does Venezuela rank for gross savings (current us$), per unit of gdp?
- Venezuela ranks 67th out of 178 countries with data for 2016.
- Is gross savings (current us$), per unit of gdp rising or falling in Venezuela?
- Over the last ten years it is down 74.6%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.