Services, value added (current LCU), annual growth rate in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Services, value added (current LCU), annual growth rate was -100 % change on previous year in 1991. ◆ Volatile
Services, value added (current LCU), annual growth rate in Venezuela, Bolivarian Republic of, 1969–1991
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Venezuela, Bolivarian Republic of recorded -100 % change on previous year for services, value added (current lcu), annual growth rate in 1991. That is the lowest value across all 23 years on record.
Compared with earlier readings it is down 334.9% on the previous year and down 688.4% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Venezuela, Bolivarian Republic of peaked at 48.88 % change on previous year in 1989 and was at its lowest, -100 % change on previous year, in 1991.
That places Venezuela, Bolivarian Republic of 204th out of 204 countries with data for 1991, 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 (current LCU), annual growth rate in Venezuela, Bolivarian Republic of, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1969 | 8.98 % change on previous year | — |
| 1970 | 7.25 % change on previous year | -19.3% |
| 1971 | 10.9 % change on previous year | +50.4% |
| 1972 | 11.85 % change on previous year | +8.6% |
| 1973 | 12.2 % change on previous year | +3.0% |
| 1974 | 20.78 % change on previous year | +70.3% |
| 1975 | 25.07 % change on previous year | +20.7% |
| 1976 | 18.54 % change on previous year | -26.0% |
| 1977 | 19.13 % change on previous year | +3.2% |
| 1978 | 14.03 % change on previous year | -26.7% |
| 1979 | 12.19 % change on previous year | -13.1% |
| 1980 | 19.99 % change on previous year | +64.0% |
| 1981 | 17 % change on previous year | -15.0% |
| 1982 | 6.28 % change on previous year | -63.1% |
| 1983 | 4.18 % change on previous year | -33.5% |
| 1984 | -11.38 % change on previous year | -372.5% |
| 1985 | 12.69 % change on previous year | -211.6% |
| 1986 | 17.07 % change on previous year | +34.5% |
| 1987 | 30.18 % change on previous year | +76.8% |
| 1988 | 28.85 % change on previous year | -4.4% |
| 1989 | 48.88 % change on previous year | +69.4% |
| 1990 | 42.58 % change on previous year | -12.9% |
| 1991 | -100 % change on previous year | -334.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.98 % change on previous year | 8.98 % change on previous year | 8.98 % change on previous year | 1 |
| 1970s | 15.19 % change on previous year | 7.25 % change on previous year | 25.07 % change on previous year | 10 |
| 1980s | 17.37 % change on previous year | -11.38 % change on previous year | 48.88 % change on previous year | 10 |
| 1990s | -28.71 % change on previous year | -100 % change on previous year | 42.58 % change on previous year | 2 |
Countries ranked near Venezuela, Bolivarian Republic of
- 201 Afghanistan -9.03 % change on previous year
- 202 French Polynesia -9.41 % change on previous year
- 203 Palestine, State of -11.99 % change on previous year
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 (current US$), annual growth rate -100 % change on previous year (1991)
- Services, value added (current US$), per unit of GDP 0 current US$ per US$ of GDP (2011)
- Services, value added (current US$), per capita 0 current US$ per person (2011)
- Services, value added (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Services, value added (current LCU), per capita 0 current LCU per person (2011)
- 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)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in Venezuela, Bolivarian Republic of?
- Services, value added (current lcu), annual growth rate in Venezuela, Bolivarian Republic of was -100 % change on previous year in 1991, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 48.88 % change on previous year in 1989.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -100 % change on previous year in 1991.
- How does Venezuela, Bolivarian Republic of rank for services, value added (current lcu), annual growth rate?
- Venezuela, Bolivarian Republic of ranks 204th out of 204 countries with data for 1991.
- Is services, value added (current lcu), annual growth rate rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 688.4%. 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 (current 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.