Gross fixed capital formation, General government, Current prices in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Gross fixed capital formation, General government, Current prices was 2.46 billion in 2019. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Venezuela, Bolivarian Republic of, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, general government, current prices in Venezuela, Bolivarian Republic of stood at 2.46 billion. That is the highest value across all 50 years on record.
That represents a change of up 12,903.9% on the previous year and up 2,810,120,000.0% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Venezuela, Bolivarian Republic of peaked at 2.46 billion in 2019 and was at its lowest, 0.0122, in 1970.
That places Venezuela, Bolivarian Republic of 1st out of 174 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, Current prices in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.0122 | — |
| 1971 | 0.0141 | +15.4% |
| 1972 | 0.0167 | +19.0% |
| 1973 | 0.0197 | +17.5% |
| 1974 | 0.0222 | +12.7% |
| 1975 | 0.0323 | +45.8% |
| 1976 | 0.0452 | +39.8% |
| 1977 | 0.0618 | +36.9% |
| 1978 | 0.0758 | +22.6% |
| 1979 | 0.0692 | -8.7% |
| 1980 | 0.0677 | -2.1% |
| 1981 | 0.0737 | +8.8% |
| 1982 | 0.0741 | +0.5% |
| 1983 | 0.0584 | -21.1% |
| 1984 | 0.0276 | -52.8% |
| 1985 | 0.0375 | +35.9% |
| 1986 | 0.0551 | +47.0% |
| 1987 | 0.075 | +36.1% |
| 1988 | 0.1083 | +44.5% |
| 1989 | 0.1605 | +48.1% |
| 1990 | 0.249 | +55.2% |
| 1991 | 0.466 | +87.1% |
| 1992 | 0.6118 | +31.3% |
| 1993 | 0.685 | +12.0% |
| 1994 | 1.04 | +51.7% |
| 1995 | 1.7 | +63.4% |
| 1996 | 3.79 | +123.2% |
| 1997 | 4.45 | +17.4% |
| 1998 | 5.55 | +24.9% |
| 1999 | 4.56 | -17.8% |
| 2000 | 5.4 | +18.4% |
| 2001 | 6.22 | +15.2% |
| 2002 | 10.42 | +67.3% |
| 2003 | 10.01 | -3.9% |
| 2004 | 17.31 | +73.0% |
| 2005 | 24.98 | +44.3% |
| 2006 | 44.68 | +78.9% |
| 2007 | 59.98 | +34.2% |
| 2008 | 83.2 | +38.7% |
| 2009 | 87.59 | +5.3% |
| 2010 | 115.11 | +31.4% |
| 2011 | 155.36 | +35.0% |
| 2012 | 196.18 | +26.3% |
| 2013 | 294.71 | +50.2% |
| 2014 | 387.12 | +31.4% |
| 2015 | 1,406 | +263.2% |
| 2016 | 2,832 | +101.4% |
| 2017 | 24,726 | +773.2% |
| 2018 | 18.93 million | +76451.3% |
| 2019 | 2.46 billion | +12903.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0369 | 0.0122 | 0.0758 | 10 |
| 1980s | 0.0738 | 0.0276 | 0.1605 | 10 |
| 1990s | 2.31 | 0.249 | 5.55 | 10 |
| 2000s | 34.98 | 5.4 | 87.59 | 10 |
| 2010s | 248.03 million | 115.11 | 2.46 billion | 10 |
Countries ranked near Venezuela, Bolivarian Republic of
More public sector data for Venezuela, Bolivarian Republic of
- 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, current prices in Venezuela, Bolivarian Republic of?
- Gross fixed capital formation, general government, current prices in Venezuela, Bolivarian Republic of was 2.46 billion in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, current prices recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 2.46 billion in 2019.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.0122 in 1970.
- How does Venezuela, Bolivarian Republic of rank for gross fixed capital formation, general government, current prices?
- Venezuela, Bolivarian Republic of ranks 1st out of 174 countries with data for 2019.
- Is gross fixed capital formation, general government, current prices rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 2,810,120,000.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 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.