Services, value added (constant LCU), annual growth rate in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Services, value added (constant LCU), annual growth rate was -0.3612 % change on previous year in 2014. ◆ Volatile
Services, value added (constant LCU), annual growth rate in Venezuela, Bolivarian Republic of, 1969–2014
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (constant lcu), annual growth rate in Venezuela, Bolivarian Republic of is -0.3612 % change on previous year, measured in 2014.
Compared with earlier readings it is down 107.0% on the previous year and down 102.4% over ten years.
Over the whole period, services, value added (constant lcu), annual growth rate in Venezuela, Bolivarian Republic of peaked at 19.62 % change on previous year in 2012 and was at its lowest, -11.79 % change on previous year, in 1983.
That places Venezuela, Bolivarian Republic of 185th 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.
Services, value added (constant LCU), annual growth rate in Venezuela, Bolivarian Republic of, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1969 | 6.23 % change on previous year | — |
| 1970 | 0.5643 % change on previous year | -90.9% |
| 1971 | 6.53 % change on previous year | +1057.0% |
| 1972 | 6.98 % change on previous year | +6.9% |
| 1973 | 7.68 % change on previous year | +10.1% |
| 1974 | 10.44 % change on previous year | +35.9% |
| 1975 | 12.87 % change on previous year | +23.3% |
| 1976 | 11.3 % change on previous year | -12.2% |
| 1977 | 8.32 % change on previous year | -26.4% |
| 1978 | 1.97 % change on previous year | -76.3% |
| 1979 | -1.47 % change on previous year | -174.4% |
| 1980 | -4.36 % change on previous year | +197.9% |
| 1981 | 0.5377 % change on previous year | -112.3% |
| 1982 | 3.3 % change on previous year | +513.5% |
| 1983 | -11.79 % change on previous year | -457.3% |
| 1984 | -3.25 % change on previous year | -72.4% |
| 1985 | 3.58 % change on previous year | -210.3% |
| 1986 | 4.72 % change on previous year | +31.7% |
| 1987 | 6.76 % change on previous year | +43.3% |
| 1988 | 6.78 % change on previous year | +0.3% |
| 1989 | -11.63 % change on previous year | -271.5% |
| 1990 | 4.06 % change on previous year | -134.9% |
| 1991 | 7.22 % change on previous year | +77.9% |
| 1992 | 5.34 % change on previous year | -26.1% |
| 1993 | -1.32 % change on previous year | -124.6% |
| 1994 | -2.73 % change on previous year | +107.6% |
| 1995 | 2.15 % change on previous year | -178.7% |
| 1996 | -2.67 % change on previous year | -224.4% |
| 1997 | -0.1137 % change on previous year | -95.7% |
| 1998 | -0.1118 % change on previous year | -1.7% |
| 1999 | -4.82 % change on previous year | +4209.0% |
| 2000 | 3.39 % change on previous year | -170.5% |
| 2001 | 2.84 % change on previous year | -16.2% |
| 2002 | -3.81 % change on previous year | -233.9% |
| 2003 | -3.59 % change on previous year | -5.6% |
| 2004 | 15.22 % change on previous year | -523.5% |
| 2005 | 12.22 % change on previous year | -19.7% |
| 2006 | 11 % change on previous year | -10.0% |
| 2007 | 11.4 % change on previous year | +3.6% |
| 2008 | 6.79 % change on previous year | -40.4% |
| 2009 | -0.85 % change on previous year | -112.5% |
| 2010 | -0.0785 % change on previous year | -90.8% |
| 2011 | 5.12 % change on previous year | -6618.1% |
| 2012 | 19.62 % change on previous year | +283.5% |
| 2013 | 5.16 % change on previous year | -73.7% |
| 2014 | -0.3612 % change on previous year | -107.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.23 % change on previous year | 6.23 % change on previous year | 6.23 % change on previous year | 1 |
| 1970s | 6.52 % change on previous year | -1.47 % change on previous year | 12.87 % change on previous year | 10 |
| 1980s | -0.5351 % change on previous year | -11.79 % change on previous year | 6.78 % change on previous year | 10 |
| 1990s | 0.7 % change on previous year | -4.82 % change on previous year | 7.22 % change on previous year | 10 |
| 2000s | 5.46 % change on previous year | -3.81 % change on previous year | 15.22 % change on previous year | 10 |
| 2010s | 5.89 % change on previous year | -0.3612 % change on previous year | 19.62 % change on previous year | 5 |
Countries ranked near Venezuela, Bolivarian Republic of
- 182 Finland -0.1332 % change on previous year compare
- 183 Romania -0.1701 % change on previous year compare
- 184 Jamaica -0.2273 % change on previous year compare
- 186 Iran, Islamic Republic of -0.4813 % change on previous year compare
- 187 Saint Lucia -0.6867 % change on previous year compare
- 188 Brunei Darussalam -1.1 % change on previous year compare
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)
- Imports of goods and services (constant 2015 US$), annual growth rate -16.88 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.0562 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 196.28 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -45.2 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 120.25 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual -100 % change on previous year (1991)
- Agriculture, forestry, and fishing, value added (current LCU), per 0 current LCU per US$ of GDP (2011)
- Agriculture, forestry, and fishing, value added (current LCU), per 0 current LCU per person (2011)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in Venezuela, Bolivarian Republic of?
- Services, value added (constant lcu), annual growth rate in Venezuela, Bolivarian Republic of was -0.3612 % change on previous year in 2014, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), annual growth rate recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 19.62 % change on previous year in 2012.
- What is the lowest services, value added (constant lcu), annual growth rate recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -11.79 % change on previous year in 1983.
- How does Venezuela, Bolivarian Republic of rank for services, value added (constant lcu), annual growth rate?
- Venezuela, Bolivarian Republic of ranks 185th out of 196 countries with data for 2014.
- Is services, value added (constant lcu), annual growth rate rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 102.4%. 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 Services, value added (constant LCU), 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 Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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 Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.