GDP in Venezuela
Venezuela: GDP was 16.99 billion constant LCU in 2025. ▲ Rising
GDP in Venezuela, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Venezuela recorded 16.99 billion constant LCU for gdp in 2025.
The figure is up 1.6% on the previous year and down 65.4% over ten years.
Over the whole period, gdp in Venezuela peaked at 54.47 billion constant LCU in 2013 and was at its lowest, 13.00 billion constant LCU, in 1960.
That places Venezuela 166th out of 214 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.58 billion constant LCU | 13.00 billion constant LCU | 19.75 billion constant LCU | 10 |
| 1970s | 24.92 billion constant LCU | 21.28 billion constant LCU | 29.05 billion constant LCU | 10 |
| 1980s | 28.01 billion constant LCU | 25.40 billion constant LCU | 31.88 billion constant LCU | 10 |
| 1990s | 34.00 billion constant LCU | 29.25 billion constant LCU | 36.87 billion constant LCU | 10 |
| 2000s | 41.02 billion constant LCU | 31.27 billion constant LCU | 51.23 billion constant LCU | 10 |
| 2010s | 43.21 billion constant LCU | 19.97 billion constant LCU | 54.47 billion constant LCU | 10 |
| 2020s | 15.49 billion constant LCU | 14.01 billion constant LCU | 16.99 billion constant LCU | 6 |
Countries ranked near Venezuela
More economy & growth data for Venezuela
- External balance on goods and services as a percent of gdp 4.79 (2025)
- Inflation of consumer prices 254.95 (2016)
- Gdp per capita worldbank constant usd 1,519 (2025)
- Manufacturing value added to gdp 0 (2011)
- Gdp worldbank constant usd 43.31 billion (2025)
- Gdp per capita in international and market dollars 1,519 (2025)
- DEC alternative conversion factor 165.46 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 996.97 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.03 billion current US$ (2025)
- Taxes less subsidies on products 0 current LCU (2011)
Frequently asked questions
- What is gdp in Venezuela?
- Gdp in Venezuela was 16.99 billion constant LCU 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 54.47 billion constant LCU in 2013.
- What is the lowest gdp recorded in Venezuela?
- The lowest recorded value was 13.00 billion constant LCU in 1960.
- How does Venezuela rank for gdp?
- Venezuela ranks 166th out of 214 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 LCU). 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 varies by country. This series is expressed in local currency units.