Gross fixed capital formation, General government, Constant prices in Venezuela
Venezuela: Gross fixed capital formation, General government, Constant prices was 0.8905 in 2019. ◆ Volatile
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 0.8905, measured in 2019. That is the lowest value across all 60 years on record.
That represents a change of down 35.7% on the previous year and down 80.9% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Venezuela peaked at 6.31 in 2012 and was at its lowest, 0.8905, in 2019.
That places Venezuela 131st out of 173 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, General government, Constant prices in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 1.41 | — |
| 1961 | 1.46 | +4.0% |
| 1962 | 1.52 | +4.0% |
| 1963 | 1.58 | +4.0% |
| 1964 | 1.64 | +4.0% |
| 1965 | 1.71 | +4.0% |
| 1966 | 1.78 | +4.0% |
| 1967 | 1.85 | +4.0% |
| 1968 | 1.92 | +4.0% |
| 1969 | 2 | +4.0% |
| 1970 | 1.83 | -8.7% |
| 1971 | 2.05 | +12.2% |
| 1972 | 2.36 | +15.0% |
| 1973 | 2.58 | +9.4% |
| 1974 | 2.51 | -2.5% |
| 1975 | 3.16 | +25.6% |
| 1976 | 4.06 | +28.5% |
| 1977 | 5.07 | +24.9% |
| 1978 | 5.44 | +7.4% |
| 1979 | 4.35 | -20.0% |
| 1980 | 3.72 | -14.5% |
| 1981 | 3.83 | +3.0% |
| 1982 | 3.69 | -3.7% |
| 1983 | 2.72 | -26.3% |
| 1984 | 1.16 | -57.3% |
| 1985 | 1.4 | +21.0% |
| 1986 | 1.81 | +29.1% |
| 1987 | 1.67 | -7.7% |
| 1988 | 1.95 | +16.7% |
| 1989 | 1.69 | -13.8% |
| 1990 | 1.95 | +15.5% |
| 1991 | 2.88 | +48.0% |
| 1992 | 3.05 | +5.7% |
| 1993 | 2.61 | -14.4% |
| 1994 | 2.31 | -11.3% |
| 1995 | 2.58 | +11.6% |
| 1996 | 2.62 | +1.6% |
| 1997 | 2.18 | -16.8% |
| 1998 | 2.15 | -1.5% |
| 1999 | 1.51 | -29.5% |
| 2000 | 1.55 | +2.1% |
| 2001 | 1.59 | +2.6% |
| 2002 | 1.96 | +23.6% |
| 2003 | 1.35 | -31.1% |
| 2004 | 1.86 | +37.9% |
| 2005 | 2.35 | +26.2% |
| 2006 | 3.81 | +62.3% |
| 2007 | 4.57 | +19.9% |
| 2008 | 5.37 | +17.4% |
| 2009 | 4.66 | -13.2% |
| 2010 | 5.03 | +7.9% |
| 2011 | 5.59 | +11.2% |
| 2012 | 6.31 | +12.8% |
| 2013 | 5.74 | -9.0% |
| 2014 | 4.77 | -16.9% |
| 2015 | 3.8 | -20.4% |
| 2016 | 2.08 | -45.1% |
| 2017 | 1.14 | -45.3% |
| 2018 | 1.38 | +21.5% |
| 2019 | 0.8905 | -35.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.69 | 1.41 | 2 | 10 |
| 1970s | 3.34 | 1.83 | 5.44 | 10 |
| 1980s | 2.36 | 1.16 | 3.83 | 10 |
| 1990s | 2.38 | 1.51 | 3.05 | 10 |
| 2000s | 2.91 | 1.35 | 5.37 | 10 |
| 2010s | 3.67 | 0.8905 | 6.31 | 10 |
Countries ranked near Venezuela
More public sector data for Venezuela
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 98.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -100 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 111.11 SIPRI trend indicator values per square kilometre (2023)
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 0.8905 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 6.31 in 2012.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Venezuela?
- The lowest recorded value was 0.8905 in 2019.
- How does Venezuela rank for gross fixed capital formation, general government, constant prices?
- Venezuela ranks 131st 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 80.9%. The long-run trend across the full record is volatile.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. 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.