Services, value added (current US$), annual growth rate in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Services, value added (current US$), annual growth rate was -100 % change on previous year in 1991. ◆ Volatile

Latest (1991)
-100 % change on previous year
Change on year
down 1,924.0%
World rank
204th
of 204 countries
All-time high
28.85 % change on previous year
in 1988
All-time low
-100 % change on previous year
in 1991
Years of data
23
1969–1991

Services, value added (current US$), annual growth rate in Venezuela, Bolivarian Republic of, 1969–1991

-100-500501969198019911969: 9 % change on previous year1970: 7.2 % change on previous year1971: 13.4 % change on previous year1972: 11.8 % change on previous year1973: 14.8 % change on previous year1974: 20.8 % change on previous year1975: 25.1 % change on previous year1976: 18.5 % change on previous year1977: 19.1 % change on previous year1978: 14 % change on previous year1979: 12.2 % change on previous year1980: 20 % change on previous year1981: 17 % change on previous year1982: 6.3 % change on previous year1983: 4.2 % change on previous year1984: -45.7 % change on previous year1985: 5.4 % change on previous year1986: 8.6 % change on previous year1987: -27.4 % change on previous year1988: 28.9 % change on previous year1989: -37.8 % change on previous year1990: 5.5 % change on previous year1991: -100 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for services, value added (current us$), annual growth rate in Venezuela, Bolivarian Republic of is -100 % change on previous year, measured in 1991. That is the lowest value across all 23 years on record.

That represents a change of down 1,924.0% on the previous year and down 688.4% over ten years.

Over the whole period, services, value added (current us$), annual growth rate in Venezuela, Bolivarian Republic of peaked at 28.85 % change on previous year in 1988 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 US$), annual growth rate in Venezuela, Bolivarian Republic of, year by year

Annual values for Services, value added (current US$), annual growth rate in Venezuela, Bolivarian Republic of, 1969 to 1991.
Year % change on previous year Change
1969 8.98 % change on previous year
1970 7.25 % change on previous year -19.3%
1971 13.42 % change on previous year +85.2%
1972 11.85 % change on previous year -11.8%
1973 14.81 % change on previous year +25.1%
1974 20.78 % change on previous year +40.3%
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 4.17 % change on previous year -33.5%
1984 -45.69 % change on previous year -1194.5%
1985 5.43 % change on previous year -111.9%
1986 8.62 % change on previous year +58.8%
1987 -27.43 % change on previous year -418.0%
1988 28.85 % change on previous year -205.2%
1989 -37.77 % change on previous year -230.9%
1990 5.48 % change on previous year -114.5%
1991 -100 % change on previous year -1924.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.98 % change on previous year 8.98 % change on previous year 8.98 % change on previous year 1
1970s 15.71 % change on previous year 7.25 % change on previous year 25.07 % change on previous year 10
1980s -2.05 % change on previous year -45.69 % change on previous year 28.85 % change on previous year 10
1990s -47.26 % change on previous year -100 % change on previous year 5.48 % change on previous year 2

Countries ranked near Venezuela, Bolivarian Republic of

  1. 201 Sudan -18.04 % change on previous year compare
  2. 202 Yemen -21.94 % change on previous year
  3. 203 Iran, Islamic Republic of -27.82 % change on previous year compare

See the full ranking of 252 places →

More economy & growth data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is services, value added (current us$), annual growth rate in Venezuela, Bolivarian Republic of?
Services, value added (current us$), 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 us$), annual growth rate recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 28.85 % change on previous year in 1988.
What is the lowest services, value added (current us$), 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 us$), annual growth rate?
Venezuela, Bolivarian Republic of ranks 204th out of 204 countries with data for 1991.
Is services, value added (current us$), 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 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Services, value added (current US$), annual growth rate in Venezuela, Bolivarian Republic of. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/services-value-added-current-us-annual-growth-rate/venezuela-rb/

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How this figure is calculated

The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Services, value added (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
252 places, 10,451 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.