Changes in inventories in Venezuela
Venezuela: Changes in inventories was 2.48 billion constant LCU in 2014. ◆ Volatile
Changes in inventories in Venezuela, 1960–2014
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2014, changes in inventories in Venezuela stood at 2.48 billion constant LCU.
That represents a change of down 45.8% on the previous year and up 32.6% over ten years.
Over the whole period, changes in inventories in Venezuela peaked at 6.40 billion constant LCU in 2012 and was at its lowest, -988.11 million constant LCU, in 1983.
Venezuela ranks 48th of 117 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 515.46 million constant LCU | 87.46 million constant LCU | 816.51 million constant LCU | 10 |
| 1970s | 1.16 billion constant LCU | 662.51 million constant LCU | 1.47 billion constant LCU | 10 |
| 1980s | 280.81 million constant LCU | -988.11 million constant LCU | 1.30 billion constant LCU | 10 |
| 1990s | 205.51 million constant LCU | -914.98 million constant LCU | 1.15 billion constant LCU | 10 |
| 2000s | 2.07 billion constant LCU | -364.52 million constant LCU | 4.55 billion constant LCU | 10 |
| 2010s | 4.31 billion constant LCU | 2.48 billion constant LCU | 6.40 billion constant LCU | 5 |
Countries ranked near Venezuela
More economy & growth data for Venezuela
- DEC alternative conversion factor 165.46 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 996.97 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.03 billion current US$ (2025)
- Taxes less subsidies on products 0 current LCU (2011)
- Taxes less subsidies on products 0 current US$ (2011)
- Net primary income (Net income from abroad) -264.73 billion current LCU (2025)
- Net primary income (Net income from abroad) -1.60 billion current US$ (2025)
- GNI per capita 568,963 current LCU (2025)
- GNI per capita, Atlas method 3,860 current US$ (2025)
- GNI 16.23 trillion current LCU (2025)
Frequently asked questions
- What is changes in inventories in Venezuela?
- Changes in inventories in Venezuela was 2.48 billion constant LCU in 2014, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Venezuela?
- The highest recorded value was 6.40 billion constant LCU in 2012.
- What is the lowest changes in inventories recorded in Venezuela?
- The lowest recorded value was -988.11 million constant LCU in 1983.
- How does Venezuela rank for changes in inventories?
- Venezuela ranks 48th out of 117 countries with data for 2014.
- Is changes in inventories rising or falling in Venezuela?
- Over the last ten years it is up 32.6%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Changes in inventories (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.