GERD as a percentage of GDP in Venezuela
Venezuela: GERD as a percentage of GDP was 0.3% in 2014. ▲ Rising
Latest (2014)
0.3%
Change on year
up 5.8%
World rank
73rd
of 116 countries
All-time high
0.3%
in 2014
All-time low
0.2%
in 2011
Years of data
10
2005–2014
GERD as a percentage of GDP in Venezuela, 2005–2014
Source: UNESCO Institute for Statistics.
Analysis
Venezuela recorded 0.3% for gerd as a percentage of gdp in 2014. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 5.8% on the previous year and up 78.3% over ten years.
Over the whole period, gerd as a percentage of gdp in Venezuela peaked at 0.3% in 2014 and was at its lowest, 0.2%, in 2011.
That places Venezuela 73rd out of 116 countries with data for 2014, putting it in the middle of the range.
GERD as a percentage of GDP in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 0.2% | — |
| 2006 | 0.3% | +67.9% |
| 2007 | 0.2% | -36.6% |
| 2008 | 0.2% | +18.4% |
| 2009 | 0.2% | +0.9% |
| 2010 | 0.2% | -21.6% |
| 2011 | 0.2% | -18.7% |
| 2012 | 0.3% | +63.5% |
| 2013 | 0.3% | +27.4% |
| 2014 | 0.3% | +5.8% |
Venezuela compared with similar countries
- Venezuela's 0.3% is above the median for lower middle income countries, which is 0.2%, 2.1× the median. (17 countries reporting)
- Venezuela's 0.3% is above the median for Latin America & Caribbean, which is 0.2%, 1.5× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2% | 0.2% | 0.3% | 5 |
| 2010s | 0.2% | 0.2% | 0.3% | 5 |
Countries ranked near Venezuela
- 70 Ukraine 0.4% compare
- 71 Montenegro 0.4% compare
- 72 Costa Rica 0.3% compare
- 74 Macao 0.3% compare
- 75 Mozambique 0.3% compare
- 76 Colombia 0.3% compare
More science & technology data for Venezuela
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 71.01 (2024)
- Mobile cellular subscriptions by country, per capita 0.7101 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0002 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 20.17 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 22.53 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 1.12 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 1.5 % change on previous year (2024)
- Patent applications, nonresidents, gaps filled 197 (2024)
- Patent applications, nonresidents 197 (2024)
Frequently asked questions
- What is gerd as a percentage of gdp in Venezuela?
- Gerd as a percentage of gdp in Venezuela was 0.3% in 2014, according to UNESCO Institute for Statistics.
- What is the highest gerd as a percentage of gdp recorded in Venezuela?
- The highest recorded value was 0.3% in 2014.
- What is the lowest gerd as a percentage of gdp recorded in Venezuela?
- The lowest recorded value was 0.2% in 2011.
- How does Venezuela rank for gerd as a percentage of gdp?
- Venezuela ranks 73rd out of 116 countries with data for 2014.
- Is gerd as a percentage of gdp rising or falling in Venezuela?
- Over the last ten years it is up 78.3%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release