Venezuela GDP Growth Rate 1961-2020

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP 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.
  • Venezuela gdp growth rate for 2014 was -3.89%, a 5.24% decline from 2013.
  • Venezuela gdp growth rate for 2013 was 1.34%, a 4.28% decline from 2012.
  • Venezuela gdp growth rate for 2012 was 5.63%, a 1.45% increase from 2011.
  • Venezuela gdp growth rate for 2011 was 4.18%, a 5.67% increase from 2010.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Nauru 26.56%
Turkmenistan 10.30%
China 7.42%
Grenada 7.34%
Maldives 7.33%
Dominican Republic 7.05%
Malaysia 6.01%
Namibia 5.76%
Fiji 5.60%
Turkey 5.17%
Paraguay 4.86%
Iran 4.60%
Colombia 4.50%
Dominica 4.45%
Guatemala 4.44%
Gabon 4.32%
Kazakhstan 4.20%
Botswana 4.15%
Guyana 3.90%
Algeria 3.80%
Ecuador 3.79%
Mauritius 3.74%
Belize 3.64%
North Macedonia 3.63%
Armenia 3.60%
Costa Rica 3.52%
Romania 3.41%
Jordan 3.10%
Mexico 2.80%
Azerbaijan 2.80%
Lebanon 2.46%
Peru 2.38%
Tonga 2.07%
Bulgaria 1.89%
South Africa 1.85%
Montenegro 1.78%
Albania 1.77%
St. Lucia 1.76%
Belarus 1.73%
Tuvalu 1.35%
St. Vincent and the Grenadines 1.21%
Bosnia 1.15%
Cuba 1.05%
Thailand 0.98%
American Samoa 0.94%
Russia 0.74%
Iraq 0.70%
Jamaica 0.69%
Brazil 0.50%
Equatorial Guinea 0.42%
Suriname 0.26%
Samoa 0.08%
Marshall Islands -0.94%
Serbia -1.59%
Venezuela -3.89%
Libya -24.00%
Venezuela GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2014 -3.89% -5.24%
2013 1.34% -4.28%
2012 5.63% 1.45%
2011 4.18% 5.67%
2010 -1.49% 1.71%
2009 -3.20% -8.48%
2008 5.28% -3.48%
2007 8.75% -1.12%
2006 9.87% -0.45%
2005 10.32% -7.97%
2004 18.29% 26.04%
2003 -7.76% 1.10%
2002 -8.86% -12.25%
2001 3.39% -0.29%
2000 3.69% 9.66%
1999 -5.97% -6.26%
1998 0.29% -6.08%
1997 6.37% 6.57%
1996 -0.20% -4.15%
1995 3.95% 6.30%
1994 -2.35% -2.62%
1993 0.28% -5.79%
1992 6.06% -3.67%
1991 9.73% 3.26%
1990 6.47% 15.04%
1989 -8.57% -14.39%
1988 5.82% 2.24%
1987 3.58% -2.93%
1986 6.51% 6.32%
1985 0.19% -1.25%
1984 1.44% 5.21%
1983 -3.76% -1.69%
1982 -2.07% -1.71%
1981 -0.36% 4.06%
1980 -4.42% -5.19%
1979 0.76% -1.58%
1978 2.35% -3.92%
1977 6.27% -1.46%
1976 7.73% 4.83%
1975 2.90% 0.83%
1974 2.07% -5.04%
1973 7.11% 5.83%
1972 1.28% -0.20%
1971 1.48% -6.23%
1970 7.71% 7.01%
1969 0.71% -6.63%
1968 7.34% 4.50%
1967 2.83% 1.32%
1966 1.51% -2.65%
1965 4.16% -6.97%
1964 11.13% 7.23%
1963 3.90% -4.63%
1962 8.53% 5.34%
1961 3.19% 5.34%