GDP (constant 2015 US$) in Venezuela
Venezuela: GDP (constant 2015 US$) was 43.31 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
43.31 billion constant 2015 US$
Change on year
up 1.6%
World rank
96th
of 212 countries
All-time high
138.87 billion constant 2015 US$
in 2013
All-time low
33.13 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
GDP in Venezuela, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gdp in Venezuela is 43.31 billion constant 2015 US$, measured in 2025.
Compared with earlier readings it is up 1.6% on the previous year and down 65.4% over ten years.
Over the whole period, gdp in Venezuela peaked at 138.87 billion constant 2015 US$ in 2013 and was at its lowest, 33.13 billion constant 2015 US$, in 1960.
That places Venezuela 96th out of 212 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
GDP (constant 2015 US$) in Venezuela, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 33.13 billion constant 2015 US$ | — |
| 1961 | 34.19 billion constant 2015 US$ | +3.2% |
| 1962 | 37.11 billion constant 2015 US$ | +8.5% |
| 1963 | 38.56 billion constant 2015 US$ | +3.9% |
| 1964 | 42.85 billion constant 2015 US$ | +11.1% |
| 1965 | 44.63 billion constant 2015 US$ | +4.2% |
| 1966 | 45.30 billion constant 2015 US$ | +1.5% |
| 1967 | 46.59 billion constant 2015 US$ | +2.8% |
| 1968 | 50.01 billion constant 2015 US$ | +7.3% |
| 1969 | 50.36 billion constant 2015 US$ | +0.7% |
| 1970 | 54.24 billion constant 2015 US$ | +7.7% |
| 1971 | 55.05 billion constant 2015 US$ | +1.5% |
| 1972 | 55.75 billion constant 2015 US$ | +1.3% |
| 1973 | 59.72 billion constant 2015 US$ | +7.1% |
| 1974 | 60.95 billion constant 2015 US$ | +2.1% |
| 1975 | 62.72 billion constant 2015 US$ | +2.9% |
| 1976 | 67.56 billion constant 2015 US$ | +7.7% |
| 1977 | 71.80 billion constant 2015 US$ | +6.3% |
| 1978 | 73.49 billion constant 2015 US$ | +2.3% |
| 1979 | 74.05 billion constant 2015 US$ | +0.8% |
| 1980 | 70.77 billion constant 2015 US$ | -4.4% |
| 1981 | 69.88 billion constant 2015 US$ | -1.3% |
| 1982 | 71.67 billion constant 2015 US$ | +2.6% |
| 1983 | 64.75 billion constant 2015 US$ | -9.7% |
| 1984 | 68.09 billion constant 2015 US$ | +5.2% |
| 1985 | 68.54 billion constant 2015 US$ | +0.7% |
| 1986 | 72.78 billion constant 2015 US$ | +6.2% |
| 1987 | 76.36 billion constant 2015 US$ | +4.9% |
| 1988 | 81.27 billion constant 2015 US$ | +6.4% |
| 1989 | 69.88 billion constant 2015 US$ | -14.0% |
| 1990 | 74.57 billion constant 2015 US$ | +6.7% |
| 1991 | 81.71 billion constant 2015 US$ | +9.6% |
| 1992 | 86.63 billion constant 2015 US$ | +6.0% |
| 1993 | 86.85 billion constant 2015 US$ | +0.3% |
| 1994 | 84.84 billion constant 2015 US$ | -2.3% |
| 1995 | 88.19 billion constant 2015 US$ | +3.9% |
| 1996 | 87.97 billion constant 2015 US$ | -0.3% |
| 1997 | 93.55 billion constant 2015 US$ | +6.3% |
| 1998 | 93.99 billion constant 2015 US$ | +0.5% |
| 1999 | 88.41 billion constant 2015 US$ | -5.9% |
| 2000 | 91.54 billion constant 2015 US$ | +3.5% |
| 2001 | 94.66 billion constant 2015 US$ | +3.4% |
| 2002 | 86.40 billion constant 2015 US$ | -8.7% |
| 2003 | 79.70 billion constant 2015 US$ | -7.8% |
| 2004 | 94.22 billion constant 2015 US$ | +18.2% |
| 2005 | 103.82 billion constant 2015 US$ | +10.2% |
| 2006 | 114.09 billion constant 2015 US$ | +9.9% |
| 2007 | 124.13 billion constant 2015 US$ | +8.8% |
| 2008 | 130.61 billion constant 2015 US$ | +5.2% |
| 2009 | 126.59 billion constant 2015 US$ | -3.1% |
| 2010 | 124.58 billion constant 2015 US$ | -1.6% |
| 2011 | 129.72 billion constant 2015 US$ | +4.1% |
| 2012 | 137.08 billion constant 2015 US$ | +5.7% |
| 2013 | 138.87 billion constant 2015 US$ | +1.3% |
| 2014 | 133.51 billion constant 2015 US$ | -3.9% |
| 2015 | 125.25 billion constant 2015 US$ | -6.2% |
| 2016 | 103.82 billion constant 2015 US$ | -17.1% |
| 2017 | 87.52 billion constant 2015 US$ | -15.7% |
| 2018 | 70.33 billion constant 2015 US$ | -19.6% |
| 2019 | 50.90 billion constant 2015 US$ | -27.6% |
| 2020 | 35.72 billion constant 2015 US$ | -29.8% |
| 2021 | 35.95 billion constant 2015 US$ | +0.6% |
| 2022 | 38.85 billion constant 2015 US$ | +8.1% |
| 2023 | 40.41 billion constant 2015 US$ | +4.0% |
| 2024 | 42.64 billion constant 2015 US$ | +5.5% |
| 2025 | 43.31 billion constant 2015 US$ | +1.6% |
Venezuela compared with similar countries
- Venezuela's 43.31 billion constant 2015 US$ is above the median for lower middle income countries, which is 28.68 billion constant 2015 US$, 1.5× the median. (47 countries reporting)
- Venezuela's 43.31 billion constant 2015 US$ is above the median for Latin America & Caribbean, which is 25.54 billion constant 2015 US$, 1.7× the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP (constant 2015 US$) 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 |
|---|---|---|---|
| 2020 | -29.8% | 50.90 billion constant 2015 US$ | 35.72 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 42.27 billion constant 2015 US$ | 33.13 billion constant 2015 US$ | 50.36 billion constant 2015 US$ | 10 |
| 1970s | 63.53 billion constant 2015 US$ | 54.24 billion constant 2015 US$ | 74.05 billion constant 2015 US$ | 10 |
| 1980s | 71.40 billion constant 2015 US$ | 64.75 billion constant 2015 US$ | 81.27 billion constant 2015 US$ | 10 |
| 1990s | 86.67 billion constant 2015 US$ | 74.57 billion constant 2015 US$ | 93.99 billion constant 2015 US$ | 10 |
| 2000s | 104.58 billion constant 2015 US$ | 79.70 billion constant 2015 US$ | 130.61 billion constant 2015 US$ | 10 |
| 2010s | 110.16 billion constant 2015 US$ | 50.90 billion constant 2015 US$ | 138.87 billion constant 2015 US$ | 10 |
| 2020s | 39.48 billion constant 2015 US$ | 35.72 billion constant 2015 US$ | 43.31 billion constant 2015 US$ | 6 |
Countries ranked near Venezuela
- 93 Paraguay 49.29 billion constant 2015 US$ compare
- 94 Macao 45.57 billion constant 2015 US$ compare
- 95 Cameroon 44.50 billion constant 2015 US$ compare
- 97 Bahrain 42.56 billion constant 2015 US$ compare
- 98 Cambodia 40.58 billion constant 2015 US$ compare
- 99 Bolivia 37.21 billion constant 2015 US$ 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)
- 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)
Frequently asked questions
- What is gdp in Venezuela?
- Gdp in Venezuela was 43.31 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Venezuela?
- The highest recorded value was 138.87 billion constant 2015 US$ in 2013.
- What is the lowest gdp recorded in Venezuela?
- The lowest recorded value was 33.13 billion constant 2015 US$ in 1960.
- How does Venezuela rank for gdp?
- Venezuela ranks 96th out of 212 countries with data for 2025.
- Is gdp rising or falling in Venezuela?
- Over the last ten years it is down 65.4%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.