Gross fixed capital formation, General government … unit GDP Current in Venezuela
Venezuela: Gross fixed capital formation, General government … unit GDP Current was 0.0337 units per US$ of GDP in 2019. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Venezuela, 1970–2019
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation, general government, current prices in Venezuela is 0.0337 units per US$ of GDP, measured in 2019. That is the highest value across all 50 years on record.
The figure is up 18,064.0% on the previous year and up 12,692,700,000.0% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Venezuela peaked at 0.0337 units per US$ of GDP in 2019 and was at its lowest, 0 units per US$ of GDP, in 1984.
That places Venezuela 1st out of 172 countries with data for 2019, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, General government … unit GDP Current in Venezuela, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 units per US$ of GDP | — |
| 1971 | 0 units per US$ of GDP | +2.8% |
| 1972 | 0 units per US$ of GDP | +10.5% |
| 1973 | 0 units per US$ of GDP | -3.6% |
| 1974 | 0 units per US$ of GDP | -26.4% |
| 1975 | 0 units per US$ of GDP | +38.6% |
| 1976 | 0 units per US$ of GDP | +22.2% |
| 1977 | 0 units per US$ of GDP | +18.8% |
| 1978 | 0 units per US$ of GDP | +12.9% |
| 1979 | 0 units per US$ of GDP | -25.7% |
| 1980 | 0 units per US$ of GDP | -20.0% |
| 1981 | 0 units per US$ of GDP | -3.0% |
| 1982 | 0 units per US$ of GDP | -1.5% |
| 1983 | 0 units per US$ of GDP | -20.9% |
| 1984 | 0 units per US$ of GDP | -46.8% |
| 1985 | 0 units per US$ of GDP | +31.3% |
| 1986 | 0 units per US$ of GDP | +50.5% |
| 1987 | 0 units per US$ of GDP | +71.5% |
| 1988 | 0 units per US$ of GDP | +15.2% |
| 1989 | 0 units per US$ of GDP | +104.9% |
| 1990 | 0 units per US$ of GDP | +39.0% |
| 1991 | 0 units per US$ of GDP | +70.2% |
| 1992 | 0 units per US$ of GDP | +16.2% |
| 1993 | 0 units per US$ of GDP | +12.7% |
| 1994 | 0 units per US$ of GDP | +55.9% |
| 1995 | 0 units per US$ of GDP | +23.4% |
| 1996 | 0 units per US$ of GDP | +144.8% |
| 1997 | 0 units per US$ of GDP | -3.5% |
| 1998 | 0 units per US$ of GDP | +17.4% |
| 1999 | 0 units per US$ of GDP | -23.4% |
| 2000 | 0 units per US$ of GDP | -1.0% |
| 2001 | 0 units per US$ of GDP | +9.8% |
| 2002 | 0 units per US$ of GDP | +121.4% |
| 2003 | 0 units per US$ of GDP | +6.7% |
| 2004 | 0 units per US$ of GDP | +28.6% |
| 2005 | 0 units per US$ of GDP | +11.5% |
| 2006 | 0 units per US$ of GDP | +41.9% |
| 2007 | 0 units per US$ of GDP | +6.9% |
| 2008 | 0 units per US$ of GDP | +1.1% |
| 2009 | 0 units per US$ of GDP | +0.9% |
| 2010 | 0 units per US$ of GDP | +10.2% |
| 2011 | 0 units per US$ of GDP | +67.7% |
| 2012 | 0 units per US$ of GDP | +7.5% |
| 2013 | 0 units per US$ of GDP | +116.1% |
| 2014 | 0 units per US$ of GDP | +58.1% |
| 2015 | 0 units per US$ of GDP | +522.9% |
| 2016 | 0 units per US$ of GDP | +123.4% |
| 2017 | 0 units per US$ of GDP | +751.0% |
| 2018 | 0.0002 units per US$ of GDP | +86888.2% |
| 2019 | 0.0337 units per US$ of GDP | +18064.0% |
Venezuela compared with similar countries
- Venezuela's 0.0337 units per US$ of GDP is above the median for lower middle income countries, which is 0 units per US$ of GDP, 5344005.2× the median. (41 countries reporting)
- Venezuela's 0.0337 units per US$ of GDP is above the median for Latin America & Caribbean, which is 0 units per US$ of GDP, 101104892.8× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, General government … unit GDP Current 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 |
|---|---|---|---|
| 2018 | +86888.2% | 0 units per US$ of GDP | 0.0002 units per US$ of GDP |
| 2019 | +18064.0% | 0.0002 units per US$ of GDP | 0.0337 units per US$ of GDP |
| 2017 | +751.0% | 0 units per US$ of GDP | 0 units per US$ of GDP |
| 2015 | +522.9% | 0 units per US$ of GDP | 0 units per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 1980s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 1990s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2010s | 0.0034 units per US$ of GDP | 0 units per US$ of GDP | 0.0337 units per US$ of GDP | 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, current prices in Venezuela?
- Gross fixed capital formation, general government, current prices in Venezuela was 0.0337 units per US$ of GDP in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, general government, current prices recorded in Venezuela?
- The highest recorded value was 0.0337 units per US$ of GDP in 2019.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Venezuela?
- The lowest recorded value was 0 units per US$ of GDP in 1984.
- How does Venezuela rank for gross fixed capital formation, general government, current prices?
- Venezuela ranks 1st out of 172 countries with data for 2019.
- Is gross fixed capital formation, general government, current prices rising or falling in Venezuela?
- Over the last ten years it is up 12,692,700,000.0%. 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, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed capital formation, General government, Current prices, Domestic currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation, General government, Current prices, Domestic currency ÷ GDP (current US$)
Computed from
- Gross fixed capital formation, General government, Current prices International Monetary Fund
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross fixed capital formation, General government, Current prices, Domestic currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.