Africa's Development: Annual real GDP growth rate Growth rate … 02 in Venezuela
Venezuela: Africa's Development: Annual real GDP growth rate Growth rate … 02 was 3.19 Percent per annum in 2025. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Venezuela, 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 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 peaked at 18.21 Percent per annum in 2004 and was at its lowest, -29.82 Percent per annum, in 2020.
That places Venezuela 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: Annual real GDP growth rate Growth rate … 02 in Venezuela, 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% |
Venezuela compared with similar countries
- Venezuela's 3.19 Percent per annum is below the median for lower middle income countries, which is 4.01 Percent per annum, 80% of the median. (41 countries reporting)
- Venezuela's 3.19 Percent per annum is above the median for Latin America & Caribbean, which is 2.62 Percent per annum, 1.2× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Africa's Development: Annual real GDP growth rate Growth rate … 02 in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +2606.3% | -0.2532 Percent per annum | 6.35 Percent per annum |
| 1999 | -1344.1% | 0.4773 Percent per annum | -5.94 Percent per annum |
| 2022 | +1191.9% | 0.625 Percent per annum | 8.07 Percent per annum |
| 1994 | -997.7% | 0.2577 Percent per annum | -2.31 Percent per annum |
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
- 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
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- SDRs holdings, US dollar, annual growth rate 2.6 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0458 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 159.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.29 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0334 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 116.8 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0477 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 166.54 units per person (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Venezuela?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Venezuela 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?
- 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?
- The lowest recorded value was -29.82 Percent per annum in 2020.
- How does Venezuela rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Venezuela 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?
- Over the last ten years it is up 151.6%. The long-run trend across the full record is volatile.
- Where does this Venezuela 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.