GDP in Venezuela
Venezuela: GDP was 16.49 trillion current LCU in 2025. ◆ Volatile
GDP in Venezuela, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gdp in Venezuela stood at 16.49 trillion current LCU. That is the highest value across all 66 years on record.
That represents a change of up 232.2% on the previous year and up 15,556,400,000,000.0% over ten years.
Over the whole period, gdp in Venezuela peaked at 16.49 trillion current LCU in 2025 and was at its lowest, 0.0003 current LCU, in 1960.
That places Venezuela 51st out of 214 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Venezuela, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 0.0003 current LCU | — |
| 1961 | 0.0003 current LCU | +5.3% |
| 1962 | 0.0003 current LCU | +9.3% |
| 1963 | 0.0003 current LCU | +9.0% |
| 1964 | 0.0004 current LCU | +10.7% |
| 1965 | 0.0004 current LCU | +6.4% |
| 1966 | 0.0004 current LCU | +4.2% |
| 1967 | 0.0004 current LCU | +5.3% |
| 1968 | 0.0005 current LCU | +8.5% |
| 1969 | 0.0005 current LCU | +2.5% |
| 1970 | 0.0005 current LCU | +12.4% |
| 1971 | 0.0006 current LCU | +9.8% |
| 1972 | 0.0006 current LCU | +7.6% |
| 1973 | 0.0007 current LCU | +19.1% |
| 1974 | 0.0011 current LCU | +53.2% |
| 1975 | 0.0012 current LCU | +5.2% |
| 1976 | 0.0014 current LCU | +14.4% |
| 1977 | 0.0016 current LCU | +15.2% |
| 1978 | 0.0017 current LCU | +8.6% |
| 1979 | 0.0021 current LCU | +22.9% |
| 1980 | 0.0025 current LCU | +22.4% |
| 1981 | 0.0029 current LCU | +12.2% |
| 1982 | 0.0029 current LCU | +2.1% |
| 1983 | 0.0029 current LCU | -0.3% |
| 1984 | 0.0042 current LCU | +44.6% |
| 1985 | 0.0046 current LCU | +10.6% |
| 1986 | 0.0049 current LCU | +5.3% |
| 1987 | 0.007 current LCU | +42.4% |
| 1988 | 0.0087 current LCU | +25.4% |
| 1989 | 0.0151 current LCU | +73.0% |
| 1990 | 0.0228 current LCU | +50.9% |
| 1991 | 0.0304 current LCU | +33.3% |
| 1992 | 0.0413 current LCU | +36.0% |
| 1993 | 0.0545 current LCU | +32.0% |
| 1994 | 0.0868 current LCU | +59.1% |
| 1995 | 0.1369 current LCU | +57.8% |
| 1996 | 0.2944 current LCU | +115.1% |
| 1997 | 0.4194 current LCU | +42.5% |
| 1998 | 0.5001 current LCU | +19.2% |
| 1999 | 0.5934 current LCU | +18.7% |
| 2000 | 0.7966 current LCU | +34.2% |
| 2001 | 0.8895 current LCU | +11.7% |
| 2002 | 1.08 current LCU | +21.2% |
| 2003 | 1.34 current LCU | +24.5% |
| 2004 | 2.13 current LCU | +58.4% |
| 2005 | 3.04 current LCU | +43.0% |
| 2006 | 3.94 current LCU | +29.5% |
| 2007 | 4.95 current LCU | +25.6% |
| 2008 | 6.78 current LCU | +37.0% |
| 2009 | 7.07 current LCU | +4.4% |
| 2010 | 10.17 current LCU | +43.8% |
| 2011 | 13.57 current LCU | +33.5% |
| 2012 | 17.3 current LCU | +27.4% |
| 2013 | 24.4 current LCU | +41.0% |
| 2014 | 48.1 current LCU | +97.1% |
| 2015 | 106 current LCU | +120.4% |
| 2016 | 359 current LCU | +238.7% |
| 2017 | 3,480 current LCU | +869.4% |
| 2018 | 6.31 million current LCU | +181308.0% |
| 2019 | 1.01 billion current LCU | +15830.6% |
| 2020 | 14.01 billion current LCU | +1293.3% |
| 2021 | 185.11 billion current LCU | +1221.0% |
| 2022 | 621.79 billion current LCU | +235.9% |
| 2023 | 3.03 trillion current LCU | +386.6% |
| 2024 | 4.96 trillion current LCU | +64.0% |
| 2025 | 16.49 trillion current LCU | +232.2% |
Venezuela compared with similar countries
- Venezuela's 16.49 trillion current LCU is above the median for lower middle income countries, which is 1.98 trillion current LCU, 8.3× the median. (47 countries reporting)
- Venezuela's 16.49 trillion current LCU is above the median for Latin America & Caribbean, which is 171.82 billion current LCU, 96.0× the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP 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 |
|---|---|---|---|
| 2018 | +181308.0% | 3,480 current LCU | 6.31 million current LCU |
| 2019 | +15830.6% | 6.31 million current LCU | 1.01 billion current LCU |
| 2020 | +1293.3% | 1.01 billion current LCU | 14.01 billion current LCU |
| 2021 | +1221.0% | 14.01 billion current LCU | 185.11 billion current LCU |
| 2017 | +869.4% | 359 current LCU | 3,480 current LCU |
| 2023 | +386.6% | 621.79 billion current LCU | 3.03 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0004 current LCU | 0.0003 current LCU | 0.0005 current LCU | 10 |
| 1970s | 0.0011 current LCU | 0.0005 current LCU | 0.0021 current LCU | 10 |
| 1980s | 0.0056 current LCU | 0.0025 current LCU | 0.0151 current LCU | 10 |
| 1990s | 0.218 current LCU | 0.0228 current LCU | 0.5934 current LCU | 10 |
| 2000s | 3.2 current LCU | 0.7966 current LCU | 7.07 current LCU | 10 |
| 2010s | 101.20 million current LCU | 10.17 current LCU | 1.01 billion current LCU | 10 |
| 2020s | 4.22 trillion current LCU | 14.01 billion current LCU | 16.49 trillion current LCU | 6 |
Countries ranked near Venezuela
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0216 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 91.64 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.45 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0135 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 57.47 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is gdp in Venezuela?
- Gdp in Venezuela was 16.49 trillion current 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 16.49 trillion current LCU in 2025.
- What is the lowest gdp recorded in Venezuela?
- The lowest recorded value was 0.0003 current LCU in 1960.
- How does Venezuela rank for gdp?
- Venezuela ranks 51st out of 214 countries with data for 2025.
- Is gdp rising or falling in Venezuela?
- Over the last ten years it is up 15,556,400,000,000.0%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.