Annual percentage change in primary energy from oil in Venezuela

Venezuela: Annual percentage change in primary energy from oil was -0.8% in 2025. ◆ Volatile

Latest (2025)
-0.8%
Change on year
up 93.4%
World rank
63rd
of 80 countries
All-time high
21.6%
in 2023
All-time low
-43.6%
in 2020
Years of data
60
1966–2025

Annual percentage change in primary energy from oil in Venezuela, 1966–2025

-40-20020196619952025

Source: Energy Institute – Statistical Review of World Energy (2026) – with major processing by Our World in Data. Measured in %.

Analysis

Venezuela recorded -0.8% for annual percentage change in primary energy from oil in 2025.

The figure is up 93.4% on the previous year and up 93.4% over ten years.

Over the whole period, annual percentage change in primary energy from oil in Venezuela peaked at 21.6% in 2023 and was at its lowest, -43.6%, in 2020.

That places Venezuela 63rd out of 80 countries with data for 2025, putting it in the bottom quarter.

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

Annual percentage change in primary energy from oil in Venezuela, year by year

Annual values for Annual percentage change in primary energy from oil in Venezuela, 1966 to 2025.
Year % Change
1966 -1.7% —
1967 2.0% -218.6%
1968 8.9% +339.5%
1969 -1.2% -113.5%
1970 4.6% -482.9%
1971 0.9% -79.5%
1972 9.1% +859.5%
1973 9.8% +8.0%
1974 0.1% -99.0%
1975 6.7% +6784.6%
1976 -0.7% -110.5%
1977 12.1% -1830.0%
1978 4.7% -61.4%
1979 7.3% +56.6%
1980 21.0% +188.6%
1981 6.0% -71.7%
1982 -1.2% -119.6%
1983 -2.3% +101.1%
1984 -6.2% +162.5%
1985 2.3% -137.4%
1986 4.3% +86.5%
1987 -5.0% -215.7%
1988 3.5% -171.3%
1989 -2.5% -169.8%
1990 1.0% -139.7%
1991 -5.0% -605.7%
1992 19.3% -489.1%
1993 -9.7% -150.0%
1994 11.6% -220.2%
1995 -3.6% -131.3%
1996 -18.7% +413.9%
1997 8.2% -143.8%
1998 -6.9% -183.7%
1999 12.1% -277.2%
2000 10.7% -11.8%
2001 13.1% +21.9%
2002 5.2% -60.4%
2003 -14.8% -387.0%
2004 7.8% -152.7%
2005 8.0% +2.2%
2006 8.1% +1.7%
2007 4.7% -41.7%
2008 10.7% +126.5%
2009 5.0% -53.8%
2010 0.7% -85.3%
2011 3.6% +398.6%
2012 8.4% +130.2%
2013 1.5% -82.7%
2014 -7.5% -617.6%
2015 -12.7% +68.7%
2016 -13.2% +4.1%
2017 -13.8% +4.9%
2018 -18.8% +36.0%
2019 -2.8% -85.3%
2020 -43.6% +1474.2%
2021 9.0% -120.5%
2022 17.5% +94.9%
2023 21.6% +23.4%
2024 -12.8% -159.3%
2025 -0.8% -93.4%

Venezuela compared with similar countries

  • Venezuela's -0.8% is below the median for lower middle income countries, which is 0.2%. (7 countries reporting)
  • Venezuela's -0.8% is below the median for Latin America & Caribbean, which is -0.4%, 2.1× the median. (9 countries reporting)

Biggest year-on-year movements

Years where Annual percentage change in primary energy from oil in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1975 +6784.6% 0.1% 6.7%
1977 +1830.0% -0.7% 12.1%
2020 -1474.2% -2.8% -43.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.0% -1.7% 8.9% 4
1970s 5.5% -0.7% 12.1% 10
1980s 2.0% -6.2% 21.0% 10
1990s 0.8% -18.7% 19.3% 10
2000s 5.8% -14.8% 13.1% 10
2010s -5.5% -18.8% 8.4% 10
2020s -1.5% -43.6% 21.6% 6

Countries ranked near Venezuela

  1. 60 Czechia -0.6% compare
  2. 61 Argentina -0.8% compare
  3. 62 Chile -0.8% compare
  4. 64 Germany -0.9% compare
  5. 65 Ukraine -1.0% compare
  6. 66 Hungary -1.0% compare

See the full ranking of 82 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is annual percentage change in primary energy from oil in Venezuela?
Annual percentage change in primary energy from oil in Venezuela was -0.8% in 2025, according to Energy Institute – Statistical Review of World Energy (2026) – with major processing by Our World in Data.
What is the highest annual percentage change in primary energy from oil recorded in Venezuela?
The highest recorded value was 21.6% in 2023.
What is the lowest annual percentage change in primary energy from oil recorded in Venezuela?
The lowest recorded value was -43.6% in 2020.
How does Venezuela rank for annual percentage change in primary energy from oil?
Venezuela ranks 63rd out of 80 countries with data for 2025.
Is annual percentage change in primary energy from oil rising or falling in Venezuela?
Over the last ten years it is up 93.4%. The long-run trend across the full record is volatile.
Where does this Venezuela data come from?
The figures come from Energy Institute – Statistical Review of World Energy (2026) – with major processing by Our World in Data, published as part of Annual percentage change in primary energy from oil. Statizoid updates them automatically from the source API.

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Annual percentage change in primary energy from oil in Venezuela. Statizoid, drawing on Energy Institute – Statistical Review of World Energy (2026) – with major processing by Our World in Data. Retrieved 15 November 2026, from https://reference.statizoid.com/stat/annual-percentage-change-oil/venezuela-rb/

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About this data

Indicator
Annual percentage change in primary energy from oil
Unit
%
Source
Energy Institute – Statistical Review of World Energy (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
82 places, 4,598 data points, 1966–2025
Last refreshed

Percentage change in total energy supply relative to the previous year.