Total Expenditure in Agricultural R&D (Standard Local Currency) in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Total Expenditure in Agricultural R&D (Standard Local Currency) was 153.4 million SLC in 2023. ◆ Volatile
Total Expenditure in Agricultural R&D (Standard Local Currency) in Venezuela (Bolivarian Republic of), 2009–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total expenditure in agricultural r&d (standard local currency) in Venezuela (Bolivarian Republic of) is 153.4 million SLC, measured in 2023.
That represents a change of down 57.6% over ten years.
Over the whole period, total expenditure in agricultural r&d (standard local currency) in Venezuela (Bolivarian Republic of) peaked at 368.77 million SLC in 2012 and was at its lowest, 80.8 million SLC, in 2009.
Venezuela (Bolivarian Republic of) ranks 68th of 97 countries on this measure, in the middle of the range.
Total Expenditure in Agricultural R&D (Standard Local Currency) in Venezuela (Bolivarian Republic of), year by year
| Year | million SLC | Change |
|---|---|---|
| 2009 | 80.8 million SLC | — |
| 2010 | 194.85 million SLC | +141.1% |
| 2011 | 128.77 million SLC | -33.9% |
| 2012 | 368.77 million SLC | +186.4% |
| 2013 | 361.61 million SLC | -1.9% |
| 2023 | 153.4 million SLC | -57.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 80.8 million SLC | 80.8 million SLC | 80.8 million SLC | 1 |
| 2010s | 263.5 million SLC | 128.77 million SLC | 368.77 million SLC | 4 |
| 2020s | 153.4 million SLC | 153.4 million SLC | 153.4 million SLC | 1 |
Countries ranked near Venezuela (Bolivarian Republic of)
More agriculture & rural data for Venezuela (Bolivarian Republic of)
- Oilcrops, Cake Equivalent — Yield, annual growth rate -3.62 % change on previous year (2024)
- Meat, Total — Production, annual growth rate 5.23 % change on previous year (2024)
- Milk, Total — Yield/Carcass Weight, annual growth rate -0.8123 % change on previous year (2024)
- Milk, Total — Production, annual growth rate -3.56 % change on previous year (2024)
- Milk, Total — Milk Animals, annual growth rate -2.79 % change on previous year (2024)
- Oilcrops, Cake Equivalent — Area harvested, annual growth rate 6.17 % change on previous year (2024)
- Oilcrops, Oil Equivalent — Area harvested, annual growth rate 6.17 % change on previous year (2024)
- Oilcrops, Oil Equivalent — Production, annual growth rate 3.29 % change on previous year (2024)
- Oilcrops, Oil Equivalent — Yield, annual growth rate -2.72 % change on previous year (2024)
- Meat, Poultry — Producing Animals/Slaughtered, annual growth rate -11.33 % change on previous year (2024)
Frequently asked questions
- What is total expenditure in agricultural r&d (standard local currency) in Venezuela (Bolivarian Republic of)?
- Total expenditure in agricultural r&d (standard local currency) in Venezuela (Bolivarian Republic of) was 153.4 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure in agricultural r&d (standard local currency) recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 368.77 million SLC in 2012.
- What is the lowest total expenditure in agricultural r&d (standard local currency) recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was 80.8 million SLC in 2009.
- How does Venezuela (Bolivarian Republic of) rank for total expenditure in agricultural r&d (standard local currency)?
- Venezuela (Bolivarian Republic of) ranks 68th out of 97 countries with data for 2023.
- Is total expenditure in agricultural r&d (standard local currency) rising or falling in Venezuela (Bolivarian Republic of)?
- Over the last ten years it is down 57.6%. The long-run trend across the full record is volatile.
- Where does this Venezuela (Bolivarian Republic of) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure in Agricultural R&D (Standard Local Currency) — Government, Higher Education and Private Non-profit. Statizoid updates them automatically from the source API.
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About this data
The dataset contains a set of financial indicators describing national expenditures on agricultural research and development (R&D). The indicators are derived primarily from responses to the financial resources section of the ASTI questionnaire, complemented with selected external macroeconomic indicators required to ensure comparability across countries and over time.The dataset includes both directly reported financial aggregates and derived indicators, reflecting different dimensions of agricultural R&D investment. Reported expenditure data are collected in current local currency units (LCU) and refer to total institutional expenditures, as provided by national respondents. Coverage of the private for-profit sector remains limited and is therefore excluded from the dataset. To support temporal analysis and international comparability, expenditure indicators are also expressed in constant local currency units, using country-specific GDP deflators sourced from FAOSTAT. In addition, selected indicators relate agricultural R&D expenditures to key structural variables, such as agricultural value added, allowing for meaningful cross-country comparisons of research intensity and resource allocation.