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Venezuela, RB: Adjusted savings: consumption of fixed capital (% of GNI)

In , Venezuela, RB's Adjusted savings: consumption of fixed capital (% of GNI) was 24.60.

That's up 14.6% from 2013, the highest value on record.

The global average for this indicator in 2014 was 13.12 .

Source: World Bank Open Data (NY.ADJ.DKAP.GN.ZS) • Data as of 2014

Trend (2002–2014)

Venezuela, RB Adjusted savings: consumption of fixed capital (% of GNI) trend 2008: Global financial crisis 2014: Oil price collapse
  • 2008 · Global financial crisis
  • 2014 · Oil price collapse

Highlights

Peak
24.60
Trough
11.08
1-year change
+14.6%
5-year change
+48.4%
+8.2% / yr
10-year change
+70.4%
+5.5% / yr

Historical Data — Last 10 Years

Year Adjusted savings: consumption of fixed capital (% of GNI)
24.6008
21.4650
20.0310
18.4773
17.0377
16.5760
11.7149
11.1692
11.0761
11.8711

About Adjusted savings: consumption of fixed capital (% of GNI)

Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.

Indicator code: NY.ADJ.DKAP.GN.ZSCategory: Economy

Frequently asked questions

What was Venezuela, RB's Adjusted savings: consumption of fixed capital (% of GNI) in 2014?
In 2014, Venezuela, RB's Adjusted savings: consumption of fixed capital (% of GNI) was 24.60, according to World Bank Open Data.
Is Venezuela, RB's Adjusted savings: consumption of fixed capital (% of GNI) rising or falling?
Venezuela, RB's Adjusted savings: consumption of fixed capital (% of GNI) rose 14.6% from 2013 to 2014.
How does Venezuela, RB's Adjusted savings: consumption of fixed capital (% of GNI) compare to the world average?
The global average for Adjusted savings: consumption of fixed capital (% of GNI) in 2014 was 13.12, so Venezuela, RB is above the world average.
What is Adjusted savings: consumption of fixed capital (% of GNI) and how is it measured?
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
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Source: World Bank Open Data (NY.ADJ.DKAP.GN.ZS), CC BY 4.0.