Annual gdp growth in Venezuela
Venezuela: Annual gdp growth was -3.89 in 2014. β Volatile
Latest (2014)
-3.89
Change on year
down 390.3%
World rank
204th
of 211 countries
All-time high
18.29
in 2004
All-time low
-8.86
in 2002
Years of data
15
2000β2014
Annual gdp growth in Venezuela, 2000β2014
Source: Our World in Data.
Analysis
Venezuela recorded -3.89 for annual gdp growth in 2014.
That represents a change of down 390.3% on the previous year and down 121.3% over ten years.
Over the whole period, annual gdp growth in Venezuela peaked at 18.29 in 2004 and was at its lowest, -8.86, in 2002.
Venezuela ranks 204th of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.98 | -8.86 | 18.29 | 10 |
| 2010s | 1.15 | -3.89 | 5.63 | 5 |
Countries ranked near Venezuela
- 201 Iraq -2.94 compare
- 202 Estonia -3.02 compare
- 203 Kuwait -3.64 compare
- 205 Marshall Islands -3.93 compare
- 206 Equatorial Guinea -5.09 compare
- 207 Palestine, State of -5.41 compare
More economy & growth data for Venezuela
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0704 (2017)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 14.21 (2017)
- Domestic currency per US dollar (End-of-period (EoP)) 9.97 (2017)
- US dollar per domestic currency (End-of-period (EoP)) 0.1003 (2017)
- Gdp worldbank constant usd, annual growth rate 1.57 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.4346 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 1,519 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2011)
Frequently asked questions
- What is annual gdp growth in Venezuela?
- Annual gdp growth in Venezuela was -3.89 in 2014, according to Our World in Data.
- What is the highest annual gdp growth recorded in Venezuela?
- The highest recorded value was 18.29 in 2004.
- What is the lowest annual gdp growth recorded in Venezuela?
- The lowest recorded value was -8.86 in 2002.
- How does Venezuela rank for annual gdp growth?
- Venezuela ranks 204th out of 211 countries with data for 2014.
- Is annual gdp growth rising or falling in Venezuela?
- Over the last ten years it is down 121.3%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 15 observations, free to reuse under CC BY 4.0 (Our World in Data).