Ilo national vs modeled data, annual growth rate in Venezuela

Venezuela: Ilo national vs modeled data, annual growth rate was -5.15 % change on previous year in 2017. ◆ Volatile

Latest (2017)
-5.15 % change on previous year
World rank
86th
of 140 countries
All-time high
83.14 % change on previous year
in 2002
All-time low
-20.04 % change on previous year
in 1988
Years of data
26
1976–2017

Ilo national vs modeled data, annual growth rate in Venezuela, 1976–2017

-2502550751976199620171976: -9.6 % change on previous year1977: -19.5 % change on previous year1978: -2.5 % change on previous year1979: 16.7 % change on previous year1980: 1.4 % change on previous year1981: 18.8 % change on previous year1982: 15.1 % change on previous year1983: 42.6 % change on previous year1984: 11.9 % change on previous year1985: 2.3 % change on previous year1986: -16.9 % change on previous year1987: -16.7 % change on previous year1988: -20 % change on previous year1989: 33.9 % change on previous year1990: 43.3 % change on previous year1995: 19.6 % change on previous year2002: 83.1 % change on previous year2003: 3.8 % change on previous year2006: -19.3 % change on previous year2007: -15.4 % change on previous year2008: -14.2 % change on previous year2009: -2.4 % change on previous year2010: 16.6 % change on previous year2011: -3 % change on previous year2012: -4.4 % change on previous year2017: -5.2 % change on previous year

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

Analysis

The most recent figure for ilo national vs modeled data, annual growth rate in Venezuela is -5.15 % change on previous year, measured in 2017.

Compared with earlier readings it is up 66.6% over ten years.

Over the whole period, ilo national vs modeled data, annual growth rate in Venezuela peaked at 83.14 % change on previous year in 2002 and was at its lowest, -20.04 % change on previous year, in 1988.

That places Venezuela 86th out of 140 countries with data for 2017, putting it in the middle of the range.

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

Ilo national vs modeled data, annual growth rate in Venezuela, year by year

Annual values for Ilo national vs modeled data, annual growth rate in Venezuela, 1976 to 2017.
Year % change on previous year Change
1976 -9.55 % change on previous year —
1977 -19.49 % change on previous year +104.0%
1978 -2.47 % change on previous year -87.3%
1979 16.72 % change on previous year -777.8%
1980 1.36 % change on previous year -91.9%
1981 18.77 % change on previous year +1281.2%
1982 15.09 % change on previous year -19.6%
1983 42.59 % change on previous year +182.3%
1984 11.93 % change on previous year -72.0%
1985 2.35 % change on previous year -80.3%
1986 -16.95 % change on previous year -821.5%
1987 -16.73 % change on previous year -1.3%
1988 -20.04 % change on previous year +19.8%
1989 33.89 % change on previous year -269.1%
1990 43.33 % change on previous year +27.8%
1995 19.58 % change on previous year -54.8%
2002 83.14 % change on previous year +324.6%
2003 3.76 % change on previous year -95.5%
2006 -19.29 % change on previous year -613.1%
2007 -15.42 % change on previous year -20.1%
2008 -14.21 % change on previous year -7.9%
2009 -2.37 % change on previous year -83.3%
2010 16.65 % change on previous year -802.5%
2011 -2.95 % change on previous year -117.7%
2012 -4.36 % change on previous year +47.7%
2017 -5.15 % change on previous year +18.1%

Venezuela compared with similar countries

  • Venezuela's -5.15 % change on previous year is below the median for lower middle income countries, which is -1.27 % change on previous year, 4.1× the median. (23 countries reporting)
  • Venezuela's -5.15 % change on previous year is below the median for Latin America & Caribbean, which is -4.02 % change on previous year, 1.3× the median. (30 countries reporting)

Biggest year-on-year movements

Years where Ilo national vs modeled data, annual growth rate 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
1981 +1281.2% 1.36 % change on previous year 18.77 % change on previous year
2010 +802.5% -2.37 % change on previous year 16.65 % change on previous year
1986 -821.5% 2.35 % change on previous year -16.95 % change on previous year
1979 +777.8% -2.47 % change on previous year 16.72 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s -3.7 % change on previous year -19.49 % change on previous year 16.72 % change on previous year 4
1980s 7.23 % change on previous year -20.04 % change on previous year 42.59 % change on previous year 10
1990s 31.45 % change on previous year 19.58 % change on previous year 43.33 % change on previous year 2
2000s 5.94 % change on previous year -19.29 % change on previous year 83.14 % change on previous year 6
2010s 1.05 % change on previous year -5.15 % change on previous year 16.65 % change on previous year 4

Countries ranked near Venezuela

  1. 83 Indonesia -4.45 % change on previous year compare
  2. 84 Ecuador -4.55 % change on previous year compare
  3. 85 Liechtenstein -4.88 % change on previous year compare
  4. 87 Azerbaijan -5.61 % change on previous year compare
  5. 88 Pakistan -5.96 % change on previous year compare
  6. 89 North Macedonia -5.98 % change on previous year compare

See the full ranking of 140 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is ilo national vs modeled data, annual growth rate in Venezuela?
Ilo national vs modeled data, annual growth rate in Venezuela was -5.15 % change on previous year in 2017, according to Statizoid (derived).
What is the highest ilo national vs modeled data, annual growth rate recorded in Venezuela?
The highest recorded value was 83.14 % change on previous year in 2002.
What is the lowest ilo national vs modeled data, annual growth rate recorded in Venezuela?
The lowest recorded value was -20.04 % change on previous year in 1988.
How does Venezuela rank for ilo national vs modeled data, annual growth rate?
Venezuela ranks 86th out of 140 countries with data for 2017.
Is ilo national vs modeled data, annual growth rate rising or falling in Venezuela?
Over the last ten years it is up 66.6%. 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 Ilo national vs modeled data, annual growth rate. Statizoid updates them automatically from the source API.

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Ilo national vs modeled data, annual growth rate in Venezuela. Statizoid, drawing on Statizoid (derived). Retrieved 15 November 2026, from https://reference.statizoid.com/stat/ilo-national-vs-modeled-data-annual-growth-rate/venezuela-rb/

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How this figure is calculated

The year-on-year percentage change in Ilo national vs modeled data. 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
Ilo national vs modeled data, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
140 places, 4,358 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Ilo national vs modeled data. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.