The Gross Domestic Product (GDP) in Venezuela was worth 280 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Venezuela represents 0.23 percent of the world economy.
GDP in Venezuela averaged 100.20 USD Billion from 1960 until 2019, reaching an all time high of 482.36 USD Billion in 2014 and a record low of 7.78 USD Billion in 1960. This page provides - Venezuela GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela GDP - values, historical data and charts - was last updated on June of 2020. source: World Bank
GDP in Venezuela is expected to reach 300.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Venezuela GDP is projected to trend around 270.00 USD Billion in 2021 and 260.00 USD Billion in 2022, according to our econometric models.