Venezuela, RB's adjusted savings, carbon dioxide damage (current US$) was US$4.54 billion in 2021, the latest year in the World Bank's World Development Indicators. That is down 4.87% from US$4.77 billion in 2011 (0.5% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$4.54 billion | 2021 |
| Five years earlier | US$5.43 billion | 2016 |
| Ten years earlier | US$4.77 billion | 2011 |
| Highest | US$6.04 billion | 2014 |
| Lowest | US$1.23 billion | 1990 |
| Average since 2012 | US$5.27 billion | 2012–2021 |
| First recorded | US$1.23 billion |
What the numbers say
In 2021, Venezuela, RB's adjusted savings, carbon dioxide damage (current US$) rose 1% on 2020 (from US$4.5 billion to US$4.54 billion).
Across the 30 yearly changes before that (1991 to 2020), the average change was +4.6% and a typical year strayed about 6.3% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 17.9% in 2012 and the biggest yearly fall was 11.5% in 2019. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is downward, about US$169.92 million a year. A straight line explains 84% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Venezuela, RB had the 38th highest value of the 208 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Venezuela, RB in the 2021 ranking
- Netherlands — 34th of 208: US$6.33 billion
- Nigeria — 35th of 208: US$5.23 billion
- Uzbekistan — 36th of 208: US$4.97 billion
- Bangladesh — 38th of 208: US$4.53 billion
- Chile — 39th of 208: US$4.3 billion
- Qatar — 40th of 208: US$4.09 billion
What this measures
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 32 values
| Year | Adjusted savings, carbon dioxide damage (current US$) |
|---|---|
| 2021 | 4,541,098,095 |
| 2020 | 4,497,760,657 |
| 2019 | 4,581,103,811 |
| 2018 | 5,176,687,853 |
| 2017 | 5,269,075,285 |
| 2016 | 5,425,158,769 |
| 2015 | 5,672,490,126 |
| 2014 | 6,035,146,662 |
| 2013 | 5,832,469,168 |
| 2012 | 5,627,718,044 |
Adjusted savings, carbon dioxide damage (current US$) in nearby economies
- Antigua and Barbuda — US$18.15 million (2021)
- Argentina — US$7.52 billion (2021)
- Aruba — US$57.5 million (2021)
- Bahamas, The — US$108.83 million (2021)
- Barbados — US$44.13 million (2021)
- Belize — US$28.26 million (2021)
- Bolivia — US$974.47 million (2021)
- Brazil — US$19.81 billion (2021)
- British Virgin Islands — US$7 million (2021)
More economic policy & debt data for Venezuela, RB
- Final consumption expenditure (current US$) — US$88.98 billion (2025)
- Final consumption expenditure (current LCU) — 14.72 trillion (2025)
- Final consumption expenditure (% of GDP) — 89.28% (2025)
- Gross national expenditure (current US$) — US$94.88 billion (2025)
- Gross national expenditure (current LCU) — 15.7 trillion (2025)
- Gross national expenditure (% of GDP) — 95.21% (2025)
- Exports of goods and services (current US$) — US$14.85 billion (2025)
- Exports of goods and services (current LCU) — 2.46 trillion (2025)
- Exports of goods and services (% of GDP) — 14.9% (2025)
Reading data like this
Questions people ask
- What is Venezuela, RB's adjusted savings, carbon dioxide damage (current US$)?
- US$4.54 billion in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 268.74% from US$1.23 billion in 1990 (4.3% a year on average, compounded). The highest value was US$6.04 billion in 2014 and the lowest US$1.23 billion in 1990.
- How does Venezuela, RB rank?
- 38th highest of 208 economies with data for 2021.
- Is the latest change in adjusted savings, carbon dioxide damage (current US$) unusual for Venezuela, RB?
- In 2021, Venezuela, RB's adjusted savings, carbon dioxide damage (current US$) rose 1% on 2020 (from US$4.5 billion to US$4.54 billion). Across the 30 yearly changes before that (1991 to 2020), the average change was +4.6% and a typical year strayed about 6.3% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.ADJ.DCO2.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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