The Gross Domestic Product (GDP) in Venezuela was worth 106.36 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Venezuela represents 0.09 percent of the world economy. source: World Bank

GDP in Venezuela averaged 107.44 USD Billion from 1960 until 2020, reaching an all time high of 393.19 USD Billion in 2010 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 December of 2022.

GDP in Venezuela is expected to reach 150.00 USD Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Venezuela GDP is projected to trend around 200.00 USD Billion in 2023 and 230.00 USD Billion in 2024, according to our econometric models.

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Venezuela GDP



Related Last Previous Unit Reference
GDP 106.36 150.13 USD Billion Dec 2020
GDP per Capita 14025.36 14721.86 USD Dec 2014
GDP per Capita PPP 17131.39 17982.13 USD Dec 2014

Venezuela GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Actual Previous Highest Lowest Dates Unit Frequency
106.36 150.13 393.19 7.78 1960 - 2020 USD Billion Yearly
Current USD
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