GDP deflator (base year varies by country), annual growth rate in Venezuela

Venezuela: GDP deflator (base year varies by country), annual growth rate was 40.44 % change on previous year in 2014. ◆ Volatile

Latest (2014)
40.44 % change on previous year
Change on year
up 13.9%
World rank
7th
of 211 countries
All-time high
115.52 % change on previous year
in 1996
All-time low
-1.18 % change on previous year
in 1986
Years of data
44
1971–2014

GDP deflator (base year varies by country), annual growth rate in Venezuela, 1971–2014

02550751001251971199220141971: 8.2 % change on previous year1972: 6.3 % change on previous year1973: 11.2 % change on previous year1974: 50.1 % change on previous year1975: 2.3 % change on previous year1976: 6.2 % change on previous year1977: 8.4 % change on previous year1978: 6.1 % change on previous year1979: 21.9 % change on previous year1980: 28 % change on previous year1981: 12.6 % change on previous year1982: 4.3 % change on previous year1983: 3.6 % change on previous year1984: 42.6 % change on previous year1985: 10.4 % change on previous year1986: -1.2 % change on previous year1987: 37.4 % change on previous year1988: 18.5 % change on previous year1989: 89.2 % change on previous year1990: 41.7 % change on previous year1991: 21.4 % change on previous year1992: 28.2 % change on previous year1993: 31.6 % change on previous year1994: 62.9 % change on previous year1995: 51.8 % change on previous year1996: 115.5 % change on previous year1997: 33.9 % change on previous year1998: 18.9 % change on previous year1999: 26.2 % change on previous year2000: 29.5 % change on previous year2001: 8 % change on previous year2002: 33 % change on previous year2003: 34.9 % change on previous year2004: 34 % change on previous year2005: 29.6 % change on previous year2006: 17.9 % change on previous year2007: 15.4 % change on previous year2008: 30.1 % change on previous year2009: 7.8 % change on previous year2010: 45.9 % change on previous year2011: 28.1 % change on previous year2012: 14.1 % change on previous year2013: 35.5 % change on previous year2014: 40.4 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Venezuela recorded 40.44 % change on previous year for gdp deflator (base year varies by country), annual growth rate in 2014.

The figure is up 13.9% on the previous year and up 19.1% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Venezuela peaked at 115.52 % change on previous year in 1996 and was at its lowest, -1.18 % change on previous year, in 1986.

That places Venezuela 7th out of 211 countries with data for 2014, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

GDP deflator (base year varies by country), annual growth rate in Venezuela, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Venezuela, 1971 to 2014.
Year % change on previous year Change
1971 8.23 % change on previous year
1972 6.27 % change on previous year -23.8%
1973 11.2 % change on previous year +78.7%
1974 50.11 % change on previous year +347.3%
1975 2.26 % change on previous year -95.5%
1976 6.19 % change on previous year +173.7%
1977 8.45 % change on previous year +36.4%
1978 6.09 % change on previous year -27.9%
1979 21.95 % change on previous year +260.6%
1980 28.03 % change on previous year +27.7%
1981 12.61 % change on previous year -55.0%
1982 4.28 % change on previous year -66.0%
1983 3.64 % change on previous year -15.1%
1984 42.55 % change on previous year +1070.5%
1985 10.42 % change on previous year -75.5%
1986 -1.18 % change on previous year -111.3%
1987 37.44 % change on previous year -3281.2%
1988 18.5 % change on previous year -50.6%
1989 89.16 % change on previous year +382.0%
1990 41.74 % change on previous year -53.2%
1991 21.45 % change on previous year -48.6%
1992 28.24 % change on previous year +31.7%
1993 31.65 % change on previous year +12.0%
1994 62.89 % change on previous year +98.7%
1995 51.76 % change on previous year -17.7%
1996 115.52 % change on previous year +123.2%
1997 33.95 % change on previous year -70.6%
1998 18.89 % change on previous year -44.4%
1999 26.19 % change on previous year +38.7%
2000 29.45 % change on previous year +12.4%
2001 8 % change on previous year -72.8%
2002 33.02 % change on previous year +312.9%
2003 34.93 % change on previous year +5.8%
2004 33.95 % change on previous year -2.8%
2005 29.6 % change on previous year -12.8%
2006 17.9 % change on previous year -39.5%
2007 15.45 % change on previous year -13.7%
2008 30.13 % change on previous year +95.0%
2009 7.83 % change on previous year -74.0%
2010 45.94 % change on previous year +486.6%
2011 28.15 % change on previous year -38.7%
2012 14.06 % change on previous year -50.1%
2013 35.5 % change on previous year +152.5%
2014 40.44 % change on previous year +13.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 13.42 % change on previous year 2.26 % change on previous year 50.11 % change on previous year 9
1980s 24.55 % change on previous year -1.18 % change on previous year 89.16 % change on previous year 10
1990s 43.23 % change on previous year 18.89 % change on previous year 115.52 % change on previous year 10
2000s 24.03 % change on previous year 7.83 % change on previous year 34.93 % change on previous year 10
2010s 32.82 % change on previous year 14.06 % change on previous year 45.94 % change on previous year 5

Countries ranked near Venezuela

  1. 4 Lebanon 202.91 % change on previous year compare
  2. 5 Syria 120.32 % change on previous year compare
  3. 6 Turkey 58.48 % change on previous year compare
  4. 8 Cuba 40 % change on previous year compare
  5. 9 Iran, Islamic Republic of 34.24 % change on previous year compare
  6. 10 Egypt 33.69 % change on previous year compare

See the full ranking of 211 places →

More population data for Venezuela

All data for Venezuela →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Venezuela?
Gdp deflator (base year varies by country), annual growth rate in Venezuela was 40.44 % change on previous year in 2014, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Venezuela?
The highest recorded value was 115.52 % change on previous year in 1996.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Venezuela?
The lowest recorded value was -1.18 % change on previous year in 1986.
How does Venezuela rank for gdp deflator (base year varies by country), annual growth rate?
Venezuela ranks 7th out of 211 countries with data for 2014.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Venezuela?
Over the last ten years it is up 19.1%. 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 GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Venezuela. Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/venezuela-rb/

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How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.