Luxembourg vs Venezuela: GDP
GDP over time
- Luxembourg
- Venezuela
How they compare
Luxembourg currently reports 101.16 billion current US$ against 99.66 billion current US$ in Venezuela, a difference of 1.50 billion current US$.
The two have swapped places 3 times across 66 shared years of data; in 1960 it was Venezuela ahead.
Luxembourg ranks 76th and Venezuela ranks 79th of 211 countries.
Across the 7 decades both report, Luxembourg averaged higher in 1 and Venezuela in 6.
Head to head by decade
| Decade | Luxembourg | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 908.70 million current US$ | 8.91 billion current US$ | 8.00 billion current US$ | Venezuela |
| 1970s | 3.12 billion current US$ | 26.44 billion current US$ | 23.31 billion current US$ | Venezuela |
| 1980s | 6.37 billion current US$ | 59.49 billion current US$ | 53.12 billion current US$ | Venezuela |
| 1990s | 17.91 billion current US$ | 70.40 billion current US$ | 52.49 billion current US$ | Venezuela |
| 2000s | 37.65 billion current US$ | 173.41 billion current US$ | 135.76 billion current US$ | Venezuela |
| 2010s | 64.07 billion current US$ | 208.40 billion current US$ | 144.33 billion current US$ | Venezuela |
| 2020s | 87.35 billion current US$ | 85.18 billion current US$ | 2.17 billion current US$ | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, Luxembourg or Venezuela?
- Luxembourg, at 101.16 billion current US$ against 99.66 billion current US$ in Venezuela as of 2025.
- What is the difference in gdp between Luxembourg and Venezuela?
- 1.50 billion current US$, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and Venezuela?
- 66 years are reported by both, from 1960 to 2025.
- How do Luxembourg and Venezuela rank globally for gdp?
- Luxembourg ranks 76th and Venezuela ranks 79th of 211 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.