Venezuela - Adjusted savings

Adjusted savings: natural resources depletion (% of GNI)

Adjusted savings: natural resources depletion (% of GNI) in Venezuela was 1.03 as of 2014. Its highest value over the past 44 years was 29.76 in 1974, while its lowest value was 1.03 in 2014.

Definition: Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime. It covers coal, crude oil, and natural gas. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

Source: World Bank staff estimates based on sources and methods described in "The Changing Wealth of Nations 2018: Building a Sustainable Future" (Lange et al 2018).

See also:

Year Value
1970 6.60
1971 8.08
1972 7.47
1973 10.56
1974 29.76
1975 19.44
1976 17.57
1977 12.54
1978 11.64
1979 26.31
1980 23.29
1981 16.48
1982 8.11
1983 9.70
1984 10.18
1985 5.26
1986 2.73
1987 5.33
1988 3.43
1989 7.22
1990 10.38
1991 6.32
1992 6.07
1993 6.18
1994 6.52
1995 5.95
1996 8.98
1997 6.88
1998 3.53
1999 4.64
2000 7.25
2001 5.22
2002 6.67
2003 8.19
2004 10.33
2005 11.68
2006 10.42
2007 7.24
2008 4.31
2009 1.55
2010 1.18
2011 2.13
2012 1.62
2013 1.54
2014 1.03

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts