Venezuela - Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Venezuela was -16.91 as of 2014. As the graph below shows, over the past 53 years this indicator reached a maximum value of 49.75 in 2004 and a minimum value of -37.03 in 2003.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 -14.94
1962 4.41
1963 2.63
1964 20.22
1965 7.33
1966 -6.04
1967 3.34
1968 24.20
1969 4.49
1970 18.42
1971 -24.78
1972 15.20
1973 9.28
1974 -2.53
1975 25.84
1976 28.43
1977 28.95
1978 3.96
1979 -20.04
1980 -14.56
1981 3.00
1982 -3.71
1983 -26.35
1984 -4.82
1985 6.55
1986 8.85
1987 0.52
1988 8.87
1989 -25.50
1990 -6.00
1991 35.54
1992 29.32
1993 -5.84
1994 -18.09
1995 0.80
1996 -6.28
1997 23.87
1998 5.51
1999 -15.55
2000 2.62
2001 13.77
2002 -18.35
2003 -37.03
2004 49.75
2005 38.15
2006 29.52
2007 25.62
2008 2.43
2009 -8.35
2010 -6.29
2011 4.37
2012 23.31
2013 -9.03
2014 -16.91

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts