IPAC Dashboard indicators — Share in electricity production - Oil in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: IPAC Dashboard indicators — Share in electricity production - Oil was 4.72 Index in 2024. ◆ Volatile
Latest (2024)
4.72 Index
Change on year
up 2.0%
World rank
45th
of 136 countries
All-time high
35.37 Index
in 1981
All-time low
2.35 Index
in 1996
Years of data
54
1971–2024
IPAC Dashboard indicators — Share in electricity production - Oil in Venezuela, Bolivarian Republic of, 1971–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
In 2024, ipac dashboard indicators — share in electricity production - oil in Venezuela, Bolivarian Republic of stood at 4.72 Index.
Compared with earlier readings it is up 2.0% on the previous year and down 73.0% over ten years.
Over the whole period, ipac dashboard indicators — share in electricity production - oil in Venezuela, Bolivarian Republic of peaked at 35.37 Index in 1981 and was at its lowest, 2.35 Index, in 1996.
That places Venezuela, Bolivarian Republic of 45th out of 136 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
IPAC Dashboard indicators — Share in electricity production - Oil in Venezuela, Bolivarian Republic of, year by year
| Year | Index | Change |
|---|---|---|
| 1971 | 9.62 Index | — |
| 1972 | 14.59 Index | +51.6% |
| 1973 | 19.06 Index | +30.7% |
| 1974 | 16.05 Index | -15.8% |
| 1975 | 16.74 Index | +4.3% |
| 1976 | 13.61 Index | -18.7% |
| 1977 | 9.9 Index | -27.2% |
| 1978 | 15.47 Index | +56.3% |
| 1979 | 24.06 Index | +55.5% |
| 1980 | 32.36 Index | +34.5% |
| 1981 | 35.37 Index | +9.3% |
| 1982 | 32.66 Index | -7.7% |
| 1983 | 28.63 Index | -12.3% |
| 1984 | 21.19 Index | -26.0% |
| 1985 | 19.03 Index | -10.2% |
| 1986 | 16.29 Index | -14.4% |
| 1987 | 14.02 Index | -13.9% |
| 1988 | 12.69 Index | -9.5% |
| 1989 | 15.61 Index | +23.0% |
| 1990 | 11.5 Index | -26.3% |
| 1991 | 5.44 Index | -52.7% |
| 1992 | 6.85 Index | +25.8% |
| 1993 | 6.19 Index | -9.6% |
| 1994 | 3.47 Index | -44.0% |
| 1995 | 3.18 Index | -8.1% |
| 1996 | 2.35 Index | -26.3% |
| 1997 | 3.6 Index | +53.1% |
| 1998 | 5.89 Index | +63.9% |
| 1999 | 6.46 Index | +9.6% |
| 2000 | 9.27 Index | +43.4% |
| 2001 | 11.09 Index | +19.7% |
| 2002 | 14.53 Index | +31.1% |
| 2003 | 16.58 Index | +14.1% |
| 2004 | 12.74 Index | -23.2% |
| 2005 | 13.11 Index | +2.9% |
| 2006 | 12.61 Index | -3.8% |
| 2007 | 11.51 Index | -8.8% |
| 2008 | 12.54 Index | +9.0% |
| 2009 | 13.08 Index | +4.3% |
| 2010 | 15.96 Index | +22.0% |
| 2011 | 14.88 Index | -6.8% |
| 2012 | 16.24 Index | +9.1% |
| 2013 | 15.14 Index | -6.8% |
| 2014 | 17.45 Index | +15.2% |
| 2015 | 17.55 Index | +0.6% |
| 2016 | 21.37 Index | +21.8% |
| 2017 | 14.05 Index | -34.3% |
| 2018 | 17.67 Index | +25.8% |
| 2019 | 7.8 Index | -55.8% |
| 2020 | 4.11 Index | -47.3% |
| 2021 | 6.85 Index | +66.5% |
| 2022 | 4.8 Index | -29.9% |
| 2023 | 4.62 Index | -3.6% |
| 2024 | 4.72 Index | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.45 Index | 9.62 Index | 24.06 Index | 9 |
| 1980s | 22.78 Index | 12.69 Index | 35.37 Index | 10 |
| 1990s | 5.49 Index | 2.35 Index | 11.5 Index | 10 |
| 2000s | 12.71 Index | 9.27 Index | 16.58 Index | 10 |
| 2010s | 15.81 Index | 7.8 Index | 21.37 Index | 10 |
| 2020s | 5.02 Index | 4.11 Index | 6.85 Index | 5 |
Countries ranked near Venezuela, Bolivarian Republic of
- 42 El Salvador 6.04 Index compare
- 43 Mongolia 5.98 Index compare
- 44 Côte d’Ivoire 5.2 Index compare
- 46 Tanzania, United Republic of 3.75 Index compare
- 47 Belarus 3.55 Index compare
- 48 Jordan 3.5 Index compare
More energy & mining data for Venezuela, Bolivarian Republic of
- Fuel imports 0.8% (2013)
- Ores and metals imports 1.2% (2013)
- Ores and metals exports 0.4% (2013)
- Gas production 310.44 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 10,886 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 310.44 terawatt-hours (2025)
- Gas production per person 10,886 kilowatt-hours per person (2025)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Gas production, per capita 0 terawatt-hours per person (2025)
Frequently asked questions
- What is ipac dashboard indicators — share in electricity production - oil in Venezuela, Bolivarian Republic of?
- Ipac dashboard indicators — share in electricity production - oil in Venezuela, Bolivarian Republic of was 4.72 Index in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest ipac dashboard indicators — share in electricity production - oil recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 35.37 Index in 1981.
- What is the lowest ipac dashboard indicators — share in electricity production - oil recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 2.35 Index in 1996.
- How does Venezuela, Bolivarian Republic of rank for ipac dashboard indicators — share in electricity production - oil?
- Venezuela, Bolivarian Republic of ranks 45th out of 136 countries with data for 2024.
- Is ipac dashboard indicators — share in electricity production - oil rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 73.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of IPAC Dashboard indicators — Share in electricity production - Oil. Statizoid updates them automatically from the source API.
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