Gross fixed capital formation, General government … General Percent in Venezuela
Venezuela: Gross fixed capital formation, General government … General Percent was 13.35 in 2019. ▼ Falling
Latest (2019)
13.35
Change on year
down 1.1%
World rank
7th
of 173 countries
All-time high
52.97
in 1978
All-time low
8.92
in 2017
Years of data
60
1960–2019
Gross fixed capital formation, General government, Constant prices in Venezuela, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, general government, constant prices in Venezuela is 13.35, measured in 2019.
The figure is down 1.1% on the previous year and down 47.2% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Venezuela peaked at 52.97 in 1978 and was at its lowest, 8.92, in 2017.
That places Venezuela 7th out of 173 countries with data for 2019, putting it in the top 10%.
The long-run direction has been consistently falling across the 60 years of available data.
Gross fixed capital formation, General government … General Percent in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 39.95 | — |
| 1961 | 39.8 | -0.4% |
| 1962 | 37.72 | -5.2% |
| 1963 | 36.81 | -2.4% |
| 1964 | 33.86 | -8.0% |
| 1965 | 33.58 | -0.8% |
| 1966 | 35.21 | +4.9% |
| 1967 | 35.1 | -0.3% |
| 1968 | 33.34 | -5.0% |
| 1969 | 32.9 | -1.3% |
| 1970 | 26.84 | -18.4% |
| 1971 | 29.21 | +8.8% |
| 1972 | 32.52 | +11.3% |
| 1973 | 33.48 | +2.9% |
| 1974 | 30.79 | -8.0% |
| 1975 | 36.47 | +18.5% |
| 1976 | 43.07 | +18.1% |
| 1977 | 50.4 | +17.0% |
| 1978 | 52.97 | +5.1% |
| 1979 | 41.8 | -21.1% |
| 1980 | 36.46 | -12.8% |
| 1981 | 37.66 | +3.3% |
| 1982 | 36.01 | -4.4% |
| 1983 | 28.11 | -22.0% |
| 1984 | 12.17 | -56.7% |
| 1985 | 14.7 | +20.8% |
| 1986 | 17.82 | +21.2% |
| 1987 | 15.89 | -10.9% |
| 1988 | 17.52 | +10.3% |
| 1989 | 16.53 | -5.7% |
| 1990 | 17.93 | +8.5% |
| 1991 | 24.19 | +34.9% |
| 1992 | 24.11 | -0.3% |
| 1993 | 20.59 | -14.6% |
| 1994 | 18.7 | -9.2% |
| 1995 | 20.08 | +7.4% |
| 1996 | 20.44 | +1.8% |
| 1997 | 15.98 | -21.8% |
| 1998 | 15.7 | -1.8% |
| 1999 | 11.76 | -25.0% |
| 2000 | 11.59 | -1.5% |
| 2001 | 11.49 | -0.8% |
| 2002 | 15.59 | +35.6% |
| 2003 | 11.64 | -25.3% |
| 2004 | 13.57 | +16.6% |
| 2005 | 15.52 | +14.4% |
| 2006 | 22.93 | +47.7% |
| 2007 | 25.27 | +10.2% |
| 2008 | 28.19 | +11.5% |
| 2009 | 25.28 | -10.3% |
| 2010 | 27.69 | +9.5% |
| 2011 | 29.55 | +6.7% |
| 2012 | 31.56 | +6.8% |
| 2013 | 28.33 | -10.2% |
| 2014 | 24.49 | -13.5% |
| 2015 | 20.79 | -15.1% |
| 2016 | 13.75 | -33.9% |
| 2017 | 8.92 | -35.1% |
| 2018 | 13.49 | +51.2% |
| 2019 | 13.35 | -1.1% |
Venezuela compared with similar countries
- Venezuela's 13.35 is above the median for lower middle income countries, which is 4.16, 3.2× the median. (41 countries reporting)
- Venezuela's 13.35 is above the median for Latin America & Caribbean, which is 3.38, 3.9× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 35.83 | 32.9 | 39.95 | 10 |
| 1970s | 37.76 | 26.84 | 52.97 | 10 |
| 1980s | 23.29 | 12.17 | 37.66 | 10 |
| 1990s | 18.95 | 11.76 | 24.19 | 10 |
| 2000s | 18.11 | 11.49 | 28.19 | 10 |
| 2010s | 21.19 | 8.92 | 31.56 | 10 |
Countries ranked near Venezuela
More public sector data for Venezuela
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 98.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 3.46 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -23.39 % change on previous year (2016)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Venezuela?
- Gross fixed capital formation, general government, constant prices in Venezuela was 13.35 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in Venezuela?
- The highest recorded value was 52.97 in 1978.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Venezuela?
- The lowest recorded value was 8.92 in 2017.
- How does Venezuela rank for gross fixed capital formation, general government, constant prices?
- Venezuela ranks 7th out of 173 countries with data for 2019.
- Is gross fixed capital formation, general government, constant prices rising or falling in Venezuela?
- Over the last ten years it is down 47.2%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.