Gross value added at basic prices (GVA) (constant LCU), per unit of in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Gross value added at basic prices (GVA) (constant LCU), per unit of was 0.2184 constant LCU per US$ of GDP in 2014. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), per unit of in Venezuela, Bolivarian Republic of, 1960–2014
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2014, gross value added at basic prices (gva) (constant lcu), per unit of in Venezuela, Bolivarian Republic of stood at 0.2184 constant LCU per US$ of GDP.
That represents a change of up 16.4% on the previous year and down 26.9% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), per unit of in Venezuela, Bolivarian Republic of peaked at 2 constant LCU per US$ of GDP in 1965 and was at its lowest, 0.1109 constant LCU per US$ of GDP, in 2010.
That places Venezuela, Bolivarian Republic of 195th out of 196 countries with data for 2014, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant LCU), per unit of in Venezuela, Bolivarian Republic of, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 1.59 constant LCU per US$ of GDP | — |
| 1961 | 1.55 constant LCU per US$ of GDP | -3.0% |
| 1962 | 1.53 constant LCU per US$ of GDP | -0.8% |
| 1963 | 1.45 constant LCU per US$ of GDP | -5.3% |
| 1964 | 1.96 constant LCU per US$ of GDP | +35.2% |
| 1965 | 2 constant LCU per US$ of GDP | +1.8% |
| 1966 | 1.94 constant LCU per US$ of GDP | -2.8% |
| 1967 | 1.9 constant LCU per US$ of GDP | -2.3% |
| 1968 | 1.87 constant LCU per US$ of GDP | -1.4% |
| 1969 | 1.84 constant LCU per US$ of GDP | -1.8% |
| 1970 | 1.76 constant LCU per US$ of GDP | -4.4% |
| 1971 | 1.6 constant LCU per US$ of GDP | -9.1% |
| 1972 | 1.51 constant LCU per US$ of GDP | -5.5% |
| 1973 | 1.33 constant LCU per US$ of GDP | -11.6% |
| 1974 | 0.8944 constant LCU per US$ of GDP | -33.0% |
| 1975 | 0.8684 constant LCU per US$ of GDP | -2.9% |
| 1976 | 0.8207 constant LCU per US$ of GDP | -5.5% |
| 1977 | 0.758 constant LCU per US$ of GDP | -7.6% |
| 1978 | 0.7186 constant LCU per US$ of GDP | -5.2% |
| 1979 | 0.5864 constant LCU per US$ of GDP | -18.4% |
| 1980 | 0.4581 constant LCU per US$ of GDP | -21.9% |
| 1981 | 0.4037 constant LCU per US$ of GDP | -11.9% |
| 1982 | 0.4042 constant LCU per US$ of GDP | +0.1% |
| 1983 | 0.3542 constant LCU per US$ of GDP | -12.4% |
| 1984 | 0.4267 constant LCU per US$ of GDP | +20.5% |
| 1985 | 0.4205 constant LCU per US$ of GDP | -1.4% |
| 1986 | 0.4564 constant LCU per US$ of GDP | +8.5% |
| 1987 | 0.6089 constant LCU per US$ of GDP | +33.4% |
| 1988 | 0.5188 constant LCU per US$ of GDP | -14.8% |
| 1989 | 0.6239 constant LCU per US$ of GDP | +20.3% |
| 1990 | 0.5955 constant LCU per US$ of GDP | -4.6% |
| 1991 | 0.5899 constant LCU per US$ of GDP | -0.9% |
| 1992 | 0.5514 constant LCU per US$ of GDP | -6.5% |
| 1993 | 0.5578 constant LCU per US$ of GDP | +1.2% |
| 1994 | 0.562 constant LCU per US$ of GDP | +0.8% |
| 1995 | 0.4396 constant LCU per US$ of GDP | -21.8% |
| 1996 | 0.4825 constant LCU per US$ of GDP | +9.8% |
| 1997 | 0.3911 constant LCU per US$ of GDP | -18.9% |
| 1998 | 0.3674 constant LCU per US$ of GDP | -6.1% |
| 1999 | 0.3211 constant LCU per US$ of GDP | -12.6% |
| 2000 | 0.2787 constant LCU per US$ of GDP | -13.2% |
| 2001 | 0.2735 constant LCU per US$ of GDP | -1.9% |
| 2002 | 0.3343 constant LCU per US$ of GDP | +22.2% |
| 2003 | 0.3477 constant LCU per US$ of GDP | +4.0% |
| 2004 | 0.2989 constant LCU per US$ of GDP | -14.0% |
| 2005 | 0.2531 constant LCU per US$ of GDP | -15.3% |
| 2006 | 0.2181 constant LCU per US$ of GDP | -13.8% |
| 2007 | 0.187 constant LCU per US$ of GDP | -14.2% |
| 2008 | 0.1435 constant LCU per US$ of GDP | -23.2% |
| 2009 | 0.1341 constant LCU per US$ of GDP | -6.6% |
| 2010 | 0.1109 constant LCU per US$ of GDP | -17.3% |
| 2011 | 0.1432 constant LCU per US$ of GDP | +29.2% |
| 2012 | 0.1282 constant LCU per US$ of GDP | -10.5% |
| 2013 | 0.1876 constant LCU per US$ of GDP | +46.3% |
| 2014 | 0.2184 constant LCU per US$ of GDP | +16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.76 constant LCU per US$ of GDP | 1.45 constant LCU per US$ of GDP | 2 constant LCU per US$ of GDP | 10 |
| 1970s | 1.08 constant LCU per US$ of GDP | 0.5864 constant LCU per US$ of GDP | 1.76 constant LCU per US$ of GDP | 10 |
| 1980s | 0.4675 constant LCU per US$ of GDP | 0.3542 constant LCU per US$ of GDP | 0.6239 constant LCU per US$ of GDP | 10 |
| 1990s | 0.4858 constant LCU per US$ of GDP | 0.3211 constant LCU per US$ of GDP | 0.5955 constant LCU per US$ of GDP | 10 |
| 2000s | 0.2469 constant LCU per US$ of GDP | 0.1341 constant LCU per US$ of GDP | 0.3477 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1577 constant LCU per US$ of GDP | 0.1109 constant LCU per US$ of GDP | 0.2184 constant LCU per US$ of GDP | 5 |
Countries ranked near Venezuela, Bolivarian Republic of
More economy & growth data for Venezuela, Bolivarian Republic of
- 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)
- Services, value added (constant LCU), per capita 1,026 constant LCU per person (2014)
- GDP deflator (base year varies by country), annual growth rate 227.09 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth -100 % change on previous year (1991)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0 current US$ per US$ of GDP (2011)
- Gross value added at basic prices (GVA) (current US$), per capita 0 current US$ per person (2011)
- Gross value added at basic prices (GVA) (current LCU), annual growth -100 % change on previous year (1991)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Gross value added at basic prices (GVA) (current LCU), per capita 0 current LCU per person (2011)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), per unit of in Venezuela, Bolivarian Republic of?
- Gross value added at basic prices (gva) (constant lcu), per unit of in Venezuela, Bolivarian Republic of was 0.2184 constant LCU per US$ of GDP in 2014, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 2 constant LCU per US$ of GDP in 1965.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.1109 constant LCU per US$ of GDP in 2010.
- How does Venezuela, Bolivarian Republic of rank for gross value added at basic prices (gva) (constant lcu), per unit of?
- Venezuela, Bolivarian Republic of ranks 195th out of 196 countries with data for 2014.
- Is gross value added at basic prices (gva) (constant lcu), per unit of rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 26.9%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) 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 value added at basic prices (GVA) (constant 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.