Gross fixed capital … General government Domestic annual growth rate in Venezuela
Venezuela: Gross fixed capital … General government Domestic annual growth rate was 773.21 % change on previous year in 2017. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Venezuela, 1971–2017
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Venezuela recorded 773.21 % change on previous year for gross fixed capital formation, general government, current prices in 2017. That is the highest value across all 47 years on record.
That represents a change of up 662.4% on the previous year and up 2,158.1% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Venezuela peaked at 773.21 % change on previous year in 2017 and was at its lowest, -52.81 % change on previous year, in 1984.
Venezuela ranks 1st of 174 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital … General government Domestic annual growth rate in Venezuela, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 15.44 % change on previous year | — |
| 1972 | 18.95 % change on previous year | +22.8% |
| 1973 | 17.51 % change on previous year | -7.6% |
| 1974 | 12.72 % change on previous year | -27.4% |
| 1975 | 45.82 % change on previous year | +260.2% |
| 1976 | 39.78 % change on previous year | -13.2% |
| 1977 | 36.94 % change on previous year | -7.1% |
| 1978 | 22.62 % change on previous year | -38.8% |
| 1979 | -8.75 % change on previous year | -138.7% |
| 1980 | -2.15 % change on previous year | -75.4% |
| 1981 | 8.79 % change on previous year | -509.2% |
| 1982 | 0.5446 % change on previous year | -93.8% |
| 1983 | -21.12 % change on previous year | -3978.0% |
| 1984 | -52.81 % change on previous year | +150.1% |
| 1985 | 35.93 % change on previous year | -168.0% |
| 1986 | 47.01 % change on previous year | +30.8% |
| 1987 | 36.1 % change on previous year | -23.2% |
| 1988 | 44.51 % change on previous year | +23.3% |
| 1989 | 48.13 % change on previous year | +8.1% |
| 1990 | 55.15 % change on previous year | +14.6% |
| 1991 | 87.13 % change on previous year | +58.0% |
| 1992 | 31.3 % change on previous year | -64.1% |
| 1993 | 11.97 % change on previous year | -61.8% |
| 1994 | 51.67 % change on previous year | +331.8% |
| 1995 | 63.42 % change on previous year | +22.7% |
| 1996 | 123.18 % change on previous year | +94.2% |
| 1997 | 17.38 % change on previous year | -85.9% |
| 1998 | 24.87 % change on previous year | +43.1% |
| 1999 | -17.84 % change on previous year | -171.7% |
| 2000 | 18.43 % change on previous year | -203.3% |
| 2001 | 15.18 % change on previous year | -17.6% |
| 2002 | 67.33 % change on previous year | +343.5% |
| 2003 | -3.92 % change on previous year | -105.8% |
| 2004 | 72.95 % change on previous year | -1958.8% |
| 2005 | 44.31 % change on previous year | -39.3% |
| 2006 | 78.89 % change on previous year | +78.1% |
| 2007 | 34.24 % change on previous year | -56.6% |
| 2008 | 38.71 % change on previous year | +13.1% |
| 2009 | 5.27 % change on previous year | -86.4% |
| 2010 | 31.42 % change on previous year | +496.0% |
| 2011 | 34.97 % change on previous year | +11.3% |
| 2012 | 26.27 % change on previous year | -24.9% |
| 2013 | 50.22 % change on previous year | +91.2% |
| 2014 | 31.36 % change on previous year | -37.6% |
| 2015 | 263.15 % change on previous year | +739.2% |
| 2016 | 101.42 % change on previous year | -61.5% |
| 2017 | 773.21 % change on previous year | +662.4% |
Venezuela compared with similar countries
- Venezuela's 773.21 % change on previous year is above the median for lower middle income countries, which is 5.11 % change on previous year, 151.3× the median. (41 countries reporting)
- Venezuela's 773.21 % change on previous year is above the median for Latin America & Caribbean, which is 4.92 % change on previous year, 157.1× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital … General government Domestic annual growth rate in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | -3978.0% | 0.5446 % change on previous year | -21.12 % change on previous year |
| 2004 | +1958.8% | -3.92 % change on previous year | 72.95 % change on previous year |
| 2015 | +739.2% | 31.36 % change on previous year | 263.15 % change on previous year |
| 2017 | +662.4% | 101.42 % change on previous year | 773.21 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.34 % change on previous year | -8.75 % change on previous year | 45.82 % change on previous year | 9 |
| 1980s | 14.49 % change on previous year | -52.81 % change on previous year | 48.13 % change on previous year | 10 |
| 1990s | 44.82 % change on previous year | -17.84 % change on previous year | 123.18 % change on previous year | 10 |
| 2000s | 37.14 % change on previous year | -3.92 % change on previous year | 78.89 % change on previous year | 10 |
| 2010s | 164 % change on previous year | 26.27 % change on previous year | 773.21 % change on previous year | 8 |
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, current prices in Venezuela?
- Gross fixed capital formation, general government, current prices in Venezuela was 773.21 % change on previous year in 2017, according to Statizoid (derived).
- What is the highest gross fixed capital formation, general government, current prices recorded in Venezuela?
- The highest recorded value was 773.21 % change on previous year in 2017.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Venezuela?
- The lowest recorded value was -52.81 % change on previous year in 1984.
- How does Venezuela rank for gross fixed capital formation, general government, current prices?
- Venezuela ranks 1st out of 174 countries with data for 2017.
- Is gross fixed capital formation, general government, current prices rising or falling in Venezuela?
- Over the last ten years it is up 2,158.1%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation, General government, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, General government, Current prices International Monetary Fund
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 Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.