Gross value added at basic prices (GVA) (current US$), per unit of GDP in Venezuela
Venezuela: Gross value added at basic prices (GVA) (current US$), per unit of GDP was 0 current US$ per US$ of GDP in 2011. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Venezuela, 1968–2011
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2011, gross value added at basic prices (gva) (current us$), per unit of gdp in Venezuela stood at 0 current US$ per US$ of GDP. That is the lowest value across all 44 years on record.
Over the whole period, gross value added at basic prices (gva) (current us$), per unit of gdp in Venezuela peaked at 1.15 current US$ per US$ of GDP in 1978 and was at its lowest, 0 current US$ per US$ of GDP, in 1991.
Venezuela ranks 205th of 205 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 value added at basic prices (GVA) (current US$), per unit of GDP in Venezuela, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1968 | 1.08 current US$ per US$ of GDP | — |
| 1969 | 1.1 current US$ per US$ of GDP | +1.4% |
| 1970 | 1.06 current US$ per US$ of GDP | -3.4% |
| 1971 | 1.08 current US$ per US$ of GDP | +1.8% |
| 1972 | 1.1 current US$ per US$ of GDP | +1.8% |
| 1973 | 1.11 current US$ per US$ of GDP | +0.9% |
| 1974 | 1.08 current US$ per US$ of GDP | -2.3% |
| 1975 | 1.1 current US$ per US$ of GDP | +1.9% |
| 1976 | 1.12 current US$ per US$ of GDP | +1.5% |
| 1977 | 1.13 current US$ per US$ of GDP | +1.5% |
| 1978 | 1.15 current US$ per US$ of GDP | +1.7% |
| 1979 | 1.12 current US$ per US$ of GDP | -2.8% |
| 1980 | 1.1 current US$ per US$ of GDP | -1.6% |
| 1981 | 1.11 current US$ per US$ of GDP | +0.4% |
| 1982 | 1.1 current US$ per US$ of GDP | -0.9% |
| 1983 | 1.09 current US$ per US$ of GDP | -0.3% |
| 1984 | 0.8914 current US$ per US$ of GDP | -18.6% |
| 1985 | 0.8891 current US$ per US$ of GDP | -0.3% |
| 1986 | 0.9619 current US$ per US$ of GDP | +8.2% |
| 1987 | 0.8987 current US$ per US$ of GDP | -6.6% |
| 1988 | 0.9492 current US$ per US$ of GDP | +5.6% |
| 1989 | 0.9363 current US$ per US$ of GDP | -1.4% |
| 1990 | 0.9535 current US$ per US$ of GDP | +1.8% |
| 1991 | 0 current US$ per US$ of GDP | -100.0% |
| 1992 | 0 current US$ per US$ of GDP | — |
| 1993 | 0 current US$ per US$ of GDP | — |
| 1994 | 0 current US$ per US$ of GDP | — |
| 1995 | 0 current US$ per US$ of GDP | — |
| 1996 | 0 current US$ per US$ of GDP | — |
| 1997 | 0 current US$ per US$ of GDP | — |
| 1998 | 0 current US$ per US$ of GDP | — |
| 1999 | 0 current US$ per US$ of GDP | — |
| 2000 | 0 current US$ per US$ of GDP | — |
| 2001 | 0 current US$ per US$ of GDP | — |
| 2002 | 0 current US$ per US$ of GDP | — |
| 2003 | 0 current US$ per US$ of GDP | — |
| 2004 | 0 current US$ per US$ of GDP | — |
| 2005 | 0 current US$ per US$ of GDP | — |
| 2006 | 0 current US$ per US$ of GDP | — |
| 2007 | 0 current US$ per US$ of GDP | — |
| 2008 | 0 current US$ per US$ of GDP | — |
| 2009 | 0 current US$ per US$ of GDP | — |
| 2010 | 0 current US$ per US$ of GDP | — |
| 2011 | 0 current US$ per US$ of GDP | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.09 current US$ per US$ of GDP | 1.08 current US$ per US$ of GDP | 1.1 current US$ per US$ of GDP | 2 |
| 1970s | 1.11 current US$ per US$ of GDP | 1.06 current US$ per US$ of GDP | 1.15 current US$ per US$ of GDP | 10 |
| 1980s | 0.9931 current US$ per US$ of GDP | 0.8891 current US$ per US$ of GDP | 1.11 current US$ per US$ of GDP | 10 |
| 1990s | 0.0954 current US$ per US$ of GDP | 0 current US$ per US$ of GDP | 0.9535 current US$ per US$ of GDP | 10 |
| 2000s | 0 current US$ per US$ of GDP | 0 current US$ per US$ of GDP | 0 current US$ per US$ of GDP | 10 |
| 2010s | 0 current US$ per US$ of GDP | 0 current US$ per US$ of GDP | 0 current US$ per US$ of GDP | 2 |
Countries ranked near Venezuela
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)
- 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 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)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -3.26 % change on previous year (2014)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.2184 constant LCU per US$ of GDP (2014)
- Gross value added at basic prices (GVA) (constant LCU), per capita 1,551 constant LCU per person (2014)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), per unit of gdp in Venezuela?
- Gross value added at basic prices (gva) (current us$), per unit of gdp in Venezuela was 0 current US$ per US$ of GDP in 2011, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Venezuela?
- The highest recorded value was 1.15 current US$ per US$ of GDP in 1978.
- What is the lowest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Venezuela?
- The lowest recorded value was 0 current US$ per US$ of GDP in 1991.
- How does Venezuela rank for gross value added at basic prices (gva) (current us$), per unit of gdp?
- Venezuela ranks 205th out of 205 countries with data for 2011.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current US$), 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) (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 value added at basic prices (GVA) (current US$) ÷ GDP (current US$)
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) (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.