Venezuela GDP 1960-2020

NOTE: All 2020 and later data are UN projections and DO NOT include any impacts of the COVID-19 virus.
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Venezuela gdp for 2014 was $482.36B, a 30.01% increase from 2013.
  • Venezuela gdp for 2013 was $371.01B, a 2.7% decline from 2012.
  • Venezuela gdp for 2012 was $381.29B, a 20.48% increase from 2011.
  • Venezuela gdp for 2011 was $316.48B, a 19.51% decline from 2010.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP ( Billions of US $)
China $10,438.53B
Brazil $2,455.99B
Russia $2,059.98B
Mexico $1,314.56B
Turkey $934.19B
Venezuela $482.36B
Iran $434.47B
Thailand $407.34B
Colombia $381.11B
South Africa $350.90B
Malaysia $338.06B
Iraq $234.65B
Kazakhstan $221.42B
Algeria $213.81B
Peru $200.79B
Romania $199.63B
Ecuador $101.73B
Cuba $80.66B
Belarus $78.81B
Azerbaijan $75.24B
Dominican Republic $67.18B
Guatemala $58.72B
Bulgaria $56.81B
Costa Rica $50.58B
Lebanon $48.30B
Serbia $47.06B
Turkmenistan $43.52B
Libya $41.14B
Paraguay $40.28B
Jordan $36.33B
Equatorial Guinea $21.77B
Bosnia $18.56B
Gabon $18.18B
Botswana $16.25B
Jamaica $13.90B
Albania $13.23B
Mauritius $12.80B
Namibia $12.79B
Armenia $11.61B
North Macedonia $11.36B
Suriname $5.24B
Fiji $4.86B
Montenegro $4.59B
Maldives $3.70B
Guyana $3.08B
Belize $1.66B
St. Lucia $1.56B
Grenada $0.91B
Samoa $0.76B
St. Vincent and the Grenadines $0.73B
American Samoa $0.64B
Dominica $0.52B
Tonga $0.44B
Marshall Islands $0.18B
Nauru $0.12B
Tuvalu $0.04B
Venezuela GDP - Historical Data
Year GDP Per Capita Growth
2014 $482.36B $16,054 -3.89%
2013 $371.01B $12,457 1.34%
2012 $381.29B $12,986 5.63%
2011 $316.48B $10,955 4.18%
2010 $393.19B $13,825 -1.49%
2009 $329.79B $11,765 -3.20%
2008 $315.95B $11,433 5.28%
2007 $230.36B $8,454 8.75%
2006 $183.48B $6,833 9.87%
2005 $145.51B $5,505 10.32%
2004 $112.45B $4,326 18.29%
2003 $83.62B $3,273 -7.76%
2002 $92.89B $3,701 -8.86%
2001 $122.90B $4,987 3.39%
2000 $117.14B $4,842 3.69%
1999 $97.98B $4,127 -5.97%
1998 $91.33B $3,922 0.29%
1997 $85.84B $3,759 6.37%
1996 $70.54B $3,151 -0.20%
1995 $77.41B $3,530 3.95%
1994 $58.42B $2,720 -2.35%
1993 $60.07B $2,858 0.28%
1992 $60.40B $2,938 6.06%
1991 $53.48B $2,661 9.73%
1990 $48.60B $2,475 6.47%
1989 $43.53B $2,271 -8.57%
1988 $60.23B $3,221 5.82%
1987 $48.03B $2,634 3.58%
1986 $60.39B $3,398 6.51%
1985 $61.97B $3,578 0.19%
1984 $60.01B $3,556 1.44%
1983 $67.56B $4,108 -3.76%
1982 $67.74B $4,229 -2.07%
1981 $66.33B $4,252 -0.36%
1980 $59.12B $3,894 -4.42%
1979 $48.31B $3,271 0.76%
1978 $39.32B $2,737 2.35%
1977 $36.21B $2,593 6.27%
1976 $31.42B $2,315 7.73%
1975 $27.46B $2,082 2.90%
1974 $26.10B $2,036 2.07%
1973 $17.04B $1,368 7.11%
1972 $13.98B $1,155 1.28%
1971 $12.99B $1,106 1.48%
1970 $11.56B $1,014 7.71%
1969 $10.29B $931 0.71%
1968 $10.03B $938 7.34%
1967 $9.25B $893 2.83%
1966 $8.78B $876 1.51%
1965 $8.43B $870 4.16%
1964 $8.10B $864 11.13%
1963 $9.75B $1,077 3.90%
1962 $8.95B $1,023 8.53%
1961 $8.19B $970 3.19%
1960 $7.78B $955 %