Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP was 3.19 Percent per annum in 2025. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Venezuela, Bolivarian Republic of, 1990–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
In 2025, africa's development dynamics (afdd) table 02 - annual real gdp in Venezuela, Bolivarian Republic of stood at 3.19 Percent per annum.
That represents a change of down 17.5% on the previous year and up 151.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Venezuela, Bolivarian Republic of peaked at 18.21 Percent per annum in 2004 and was at its lowest, -29.82 Percent per annum, in 2020.
That places Venezuela, Bolivarian Republic of 76th out of 166 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Venezuela, Bolivarian Republic of, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | 6.71 Percent per annum | — |
| 1991 | 9.58 Percent per annum | +42.8% |
| 1992 | 6.01 Percent per annum | -37.3% |
| 1993 | 0.2577 Percent per annum | -95.7% |
| 1994 | -2.31 Percent per annum | -997.7% |
| 1995 | 3.95 Percent per annum | -270.6% |
| 1996 | -0.2532 Percent per annum | -106.4% |
| 1997 | 6.35 Percent per annum | -2606.3% |
| 1998 | 0.4773 Percent per annum | -92.5% |
| 1999 | -5.94 Percent per annum | -1344.1% |
| 2000 | 3.54 Percent per annum | -159.5% |
| 2001 | 3.41 Percent per annum | -3.4% |
| 2002 | -8.73 Percent per annum | -355.6% |
| 2003 | -7.75 Percent per annum | -11.2% |
| 2004 | 18.21 Percent per annum | -334.9% |
| 2005 | 10.19 Percent per annum | -44.0% |
| 2006 | 9.89 Percent per annum | -2.9% |
| 2007 | 8.81 Percent per annum | -11.0% |
| 2008 | 5.22 Percent per annum | -40.8% |
| 2009 | -3.08 Percent per annum | -159.0% |
| 2010 | -1.59 Percent per annum | -48.4% |
| 2011 | 4.12 Percent per annum | -359.7% |
| 2012 | 5.68 Percent per annum | +37.8% |
| 2013 | 1.3 Percent per annum | -77.1% |
| 2014 | -3.86 Percent per annum | -396.1% |
| 2015 | -6.19 Percent per annum | +60.4% |
| 2016 | -17.11 Percent per annum | +176.6% |
| 2017 | -15.7 Percent per annum | -8.3% |
| 2018 | -19.64 Percent per annum | +25.1% |
| 2019 | -27.62 Percent per annum | +40.6% |
| 2020 | -29.82 Percent per annum | +8.0% |
| 2021 | 0.625 Percent per annum | -102.1% |
| 2022 | 8.07 Percent per annum | +1191.9% |
| 2023 | 4.02 Percent per annum | -50.2% |
| 2024 | 3.87 Percent per annum | -3.9% |
| 2025 | 3.19 Percent per annum | -17.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.48 Percent per annum | -5.94 Percent per annum | 9.58 Percent per annum | 10 |
| 2000s | 3.97 Percent per annum | -8.73 Percent per annum | 18.21 Percent per annum | 10 |
| 2010s | -8.06 Percent per annum | -27.62 Percent per annum | 5.68 Percent per annum | 10 |
| 2020s | -1.67 Percent per annum | -29.82 Percent per annum | 8.07 Percent per annum | 6 |
Countries ranked near Venezuela, Bolivarian Republic of
- 73 China 3.31 Percent per annum compare
- 74 Costa Rica 3.3 Percent per annum compare
- 75 Hungary 3.2 Percent per annum compare
- 77 Oman 3.18 Percent per annum compare
- 78 Papua New Guinea 3.11 Percent per annum compare
- 79 Brunei Darussalam 3.08 Percent per annum compare
More economy & growth data for Venezuela, Bolivarian Republic of
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Exports of goods and services (current LCU), annual growth rate 195.86 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 24.66 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 86,177 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.42 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.1638 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 572.41 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate -0.4021 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.0458 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 159.89 current US$ per person (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Venezuela, Bolivarian Republic of?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Venezuela, Bolivarian Republic of was 3.19 Percent per annum in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 18.21 Percent per annum in 2004.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -29.82 Percent per annum in 2020.
- How does Venezuela, Bolivarian Republic of rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Venezuela, Bolivarian Republic of ranks 76th out of 166 countries with data for 2025.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 151.6%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.