Natural gas rents (% of GDP) in Venezuela
Venezuela: Natural gas rents (% of GDP) was 0.4% in 2014. ▲ Rising
Natural gas rents in Venezuela, 1970–2014
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2014, natural gas rents in Venezuela stood at 0.4%.
That represents a change of down 30.3% on the previous year and up 33.9% over ten years.
Over the whole period, natural gas rents in Venezuela peaked at 0.6% in 1990 and was at its lowest, 0.0%, in 1977.
That places Venezuela 42nd out of 201 countries with data for 2014, putting it in the top quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Natural gas rents (% of GDP) in Venezuela, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | +57.0% |
| 1972 | 0.0% | +0.1% |
| 1973 | 0.0% | -4.3% |
| 1974 | 0.2% | +398.4% |
| 1975 | 0.3% | +67.4% |
| 1976 | 0.3% | -9.8% |
| 1977 | 0.0% | -93.0% |
| 1978 | 0.0% | +116.7% |
| 1979 | 0.2% | +527.7% |
| 1980 | 0.5% | +110.0% |
| 1981 | 0.3% | -46.4% |
| 1982 | 0.1% | -78.0% |
| 1983 | 0.3% | +442.0% |
| 1984 | 0.5% | +42.6% |
| 1985 | 0.4% | -6.0% |
| 1986 | 0.4% | -13.0% |
| 1987 | 0.4% | -6.1% |
| 1988 | 0.2% | -31.5% |
| 1989 | 0.5% | +86.8% |
| 1990 | 0.6% | +30.9% |
| 1991 | 0.4% | -24.4% |
| 1992 | 0.4% | -20.9% |
| 1993 | 0.5% | +30.2% |
| 1994 | 0.4% | -6.1% |
| 1995 | 0.3% | -30.0% |
| 1996 | 0.4% | +27.9% |
| 1997 | 0.3% | -16.7% |
| 1998 | 0.2% | -25.5% |
| 1999 | 0.3% | +18.8% |
| 2000 | 0.5% | +58.5% |
| 2001 | 0.4% | -12.5% |
| 2002 | 0.5% | +23.3% |
| 2003 | 0.4% | -21.3% |
| 2004 | 0.3% | -26.2% |
| 2005 | 0.4% | +27.8% |
| 2006 | 0.4% | +15.3% |
| 2007 | 0.4% | -2.6% |
| 2008 | 0.3% | -25.9% |
| 2009 | 0.3% | +0.6% |
| 2010 | 0.2% | -35.9% |
| 2011 | 0.5% | +180.6% |
| 2012 | 0.5% | -7.5% |
| 2013 | 0.5% | +8.1% |
| 2014 | 0.4% | -30.3% |
Biggest year-on-year movements
Years where Natural gas rents (% of GDP) 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.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +527.7% | 0.0% | 0.2% |
| 1983 | +442.0% | 0.1% | 0.3% |
| 1974 | +398.4% | 0.0% | 0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.0% | 0.3% | 10 |
| 1980s | 0.3% | 0.1% | 0.5% | 10 |
| 1990s | 0.4% | 0.2% | 0.6% | 10 |
| 2000s | 0.4% | 0.3% | 0.5% | 10 |
| 2010s | 0.4% | 0.2% | 0.5% | 5 |
Countries ranked near Venezuela
More energy & mining data for Venezuela
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, annual growth rate -1.48 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2025)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Fuel imports 0.8% (2013)
Frequently asked questions
- What is natural gas rents in Venezuela?
- Natural gas rents in Venezuela was 0.4% in 2014, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest natural gas rents recorded in Venezuela?
- The highest recorded value was 0.6% in 1990.
- What is the lowest natural gas rents recorded in Venezuela?
- The lowest recorded value was 0.0% in 1977.
- How does Venezuela rank for natural gas rents?
- Venezuela ranks 42nd out of 201 countries with data for 2014.
- Is natural gas rents rising or falling in Venezuela?
- Over the last ten years it is up 33.9%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Natural gas rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.