Savings Rate, Percent per annum in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Savings Rate, Percent per annum was 12.55 in 2017. ◆ Volatile
Savings Rate, Percent per annum in Venezuela, Bolivarian Republic of, 1992–2017
Source: International Monetary Fund.
Analysis
In 2017, savings rate, percent per annum in Venezuela, Bolivarian Republic of stood at 12.55.
Compared with earlier readings it is down 0.9% on the previous year and up 69.2% over ten years.
Over the whole period, savings rate, percent per annum in Venezuela, Bolivarian Republic of peaked at 38.59 in 1993 and was at its lowest, 2.66, in 2001.
That places Venezuela, Bolivarian Republic of 1st out of 63 countries with data for 2017, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Savings Rate, Percent per annum in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 28.76 | — |
| 1993 | 38.59 | +34.2% |
| 1994 | 29.11 | -24.6% |
| 1995 | 22.17 | -23.8% |
| 1996 | 19.52 | -11.9% |
| 1997 | 7.59 | -61.1% |
| 1998 | 12.34 | +62.5% |
| 1999 | 8.15 | -33.9% |
| 2000 | 3.17 | -61.0% |
| 2001 | 2.66 | -16.2% |
| 2002 | 3.86 | +45.2% |
| 2003 | 6.24 | +61.5% |
| 2004 | 4.47 | -28.4% |
| 2005 | 6.38 | +42.8% |
| 2006 | 6.84 | +7.2% |
| 2007 | 7.42 | +8.5% |
| 2008 | 13.84 | +86.6% |
| 2009 | 13.48 | -2.6% |
| 2010 | 12.58 | -6.6% |
| 2011 | 12.57 | -0.1% |
| 2012 | 12.51 | -0.5% |
| 2013 | 12.56 | +0.4% |
| 2014 | 13.95 | +11.0% |
| 2015 | 13.1 | -6.1% |
| 2016 | 12.66 | -3.4% |
| 2017 | 12.55 | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.78 | 7.59 | 38.59 | 8 |
| 2000s | 6.83 | 2.66 | 13.84 | 10 |
| 2010s | 12.81 | 12.51 | 13.95 | 8 |
Countries ranked near Venezuela, Bolivarian Republic of
- 2 Kyrgyzstan 11.02 compare
- 3 Egypt 11
- 4 Argentina 9.99 compare
More financial sector data for Venezuela, Bolivarian Republic of
- Net domestic credit (current LCU), per capita 0 current LCU per person (2013)
- Net domestic credit (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2013)
- Net domestic credit (current LCU), annual growth rate 75.91 % change on previous year (2013)
- Gold reserves at 35 SDRs per ounce 182.48 million SDR (2017)
- Gold reserves at market value 4.75 billion SDR (2017)
- Reserves excluding gold, foreign exchange 1.24 billion SDR (2017)
- Reserves excluding gold 2.13 billion SDR (2017)
- Total reserves (gold at market value) 6.88 billion SDR (2017)
- Total reserves (gold at national valuation) 6.78 billion SDR (2017)
- Total reserves (gold at national valuation) (SDR), per capita 221.95 SDR per person (2017)
Frequently asked questions
- What is savings rate, percent per annum in Venezuela, Bolivarian Republic of?
- Savings rate, percent per annum in Venezuela, Bolivarian Republic of was 12.55 in 2017, according to International Monetary Fund.
- What is the highest savings rate, percent per annum recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 38.59 in 1993.
- What is the lowest savings rate, percent per annum recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 2.66 in 2001.
- How does Venezuela, Bolivarian Republic of rank for savings rate, percent per annum?
- Venezuela, Bolivarian Republic of ranks 1st out of 63 countries with data for 2017.
- Is savings rate, percent per annum rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 69.2%. 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 Savings Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.