Africa vs Venezuela (Bolivarian Republic of): Gross Domestic Product — Value US$, annual growth rate

Africa
10.34 % change on previous year
in 2024
Venezuela (Bolivarian Republic of)
27.32 % change on previous year
in 2024
Africa rank
4th
Venezuela (Bolivarian Republic of) rank
7th

Gross Domestic Product — Value US$, annual growth rate over time

  • Africa
  • Venezuela (Bolivarian Republic of)
-200204060197119972024

How they compare

Venezuela (Bolivarian Republic of) currently reports 27.32 % change on previous year against 10.34 % change on previous year in Africa, a difference of 16.98 % change on previous year.

That makes Venezuela (Bolivarian Republic of)'s figure about 2.6 times Africa's.

The two have swapped places 25 times across 54 shared years of data; in 1971 it was Africa ahead.

Africa ranks 4th and Venezuela (Bolivarian Republic of) ranks 7th of 30 groups.

Across the 6 decades both report, Africa averaged higher in 2 and Venezuela (Bolivarian Republic of) in 4.

Head to head by decade

Decade Africa Venezuela (Bolivarian Republic of) Difference Ahead
1970s 17.29 % change on previous year 17.57 % change on previous year 0.2814 % change on previous year Venezuela (Bolivarian Republic of)
1980s 0.7712 % change on previous year -1.33 % change on previous year 2.1 % change on previous year Africa
1990s 2.85 % change on previous year 9.58 % change on previous year 6.73 % change on previous year Venezuela (Bolivarian Republic of)
2000s 10.63 % change on previous year 14.7 % change on previous year 4.07 % change on previous year Venezuela (Bolivarian Republic of)
2010s 4.4 % change on previous year -6.45 % change on previous year 10.85 % change on previous year Africa
2020s 3.77 % change on previous year 5.46 % change on previous year 1.69 % change on previous year Venezuela (Bolivarian Republic of)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product — value us$, annual growth rate, Africa or Venezuela (Bolivarian Republic of)?
Venezuela (Bolivarian Republic of), at 27.32 % change on previous year against 10.34 % change on previous year in Africa as of 2024.
What is the difference in gross domestic product — value us$, annual growth rate between Africa and Venezuela (Bolivarian Republic of)?
16.98 % change on previous year, with Venezuela (Bolivarian Republic of) ahead.
How many years of comparable data are there for Africa and Venezuela (Bolivarian Republic of)?
54 years are reported by both, from 1971 to 2024.
How do Africa and Venezuela (Bolivarian Republic of) rank globally for gross domestic product — value us$, annual growth rate?
Africa ranks 4th and Venezuela (Bolivarian Republic of) ranks 7th of 30 groups.
Where does this data come from?
Statizoid (derived), published as Gross Domestic Product — Value US$, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Africa vs Venezuela (Bolivarian Republic of): Gross Domestic Product — Value US$, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-value-us-annual-growth-rate/africa/venezuela-bolivarian-republic-of/

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About this data

Indicator
Gross Domestic Product — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,305 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.