GDP in Venezuela
Venezuela: GDP was 99.66 billion current US$ in 2025. ◆ Volatile
Latest (2025)
99.66 billion current US$
Change on year
down 17.3%
World rank
79th
of 214 countries
All-time high
393.19 billion current US$
in 2010
All-time low
7.66 billion current 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 current US$.
Analysis
In 2025, gdp in Venezuela stood at 99.66 billion current US$.
Compared with earlier readings it is down 17.3% on the previous year and down 20.4% over ten years.
Over the whole period, gdp in Venezuela peaked at 393.19 billion current US$ in 2010 and was at its lowest, 7.66 billion current US$, in 1960.
That places Venezuela 79th out of 214 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Venezuela, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 7.66 billion current US$ | — |
| 1961 | 8.07 billion current US$ | +5.3% |
| 1962 | 8.81 billion current US$ | +9.3% |
| 1963 | 9.61 billion current US$ | +9.0% |
| 1964 | 8.19 billion current US$ | -14.7% |
| 1965 | 8.43 billion current US$ | +2.9% |
| 1966 | 8.78 billion current US$ | +4.2% |
| 1967 | 9.25 billion current US$ | +5.3% |
| 1968 | 10.03 billion current US$ | +8.5% |
| 1969 | 10.29 billion current US$ | +2.5% |
| 1970 | 11.56 billion current US$ | +12.4% |
| 1971 | 12.99 billion current US$ | +12.3% |
| 1972 | 13.98 billion current US$ | +7.6% |
| 1973 | 17.04 billion current US$ | +21.9% |
| 1974 | 26.10 billion current US$ | +53.2% |
| 1975 | 27.46 billion current US$ | +5.2% |
| 1976 | 31.42 billion current US$ | +14.4% |
| 1977 | 36.21 billion current US$ | +15.2% |
| 1978 | 39.32 billion current US$ | +8.6% |
| 1979 | 48.31 billion current US$ | +22.9% |
| 1980 | 59.12 billion current US$ | +22.4% |
| 1981 | 66.33 billion current US$ | +12.2% |
| 1982 | 67.74 billion current US$ | +2.1% |
| 1983 | 67.56 billion current US$ | -0.3% |
| 1984 | 59.87 billion current US$ | -11.4% |
| 1985 | 61.97 billion current US$ | +3.5% |
| 1986 | 60.52 billion current US$ | -2.3% |
| 1987 | 48.03 billion current US$ | -20.6% |
| 1988 | 60.23 billion current US$ | +25.4% |
| 1989 | 43.54 billion current US$ | -27.7% |
| 1990 | 48.61 billion current US$ | +11.6% |
| 1991 | 53.45 billion current US$ | +10.0% |
| 1992 | 60.42 billion current US$ | +13.0% |
| 1993 | 60.04 billion current US$ | -0.6% |
| 1994 | 58.42 billion current US$ | -2.7% |
| 1995 | 77.39 billion current US$ | +32.5% |
| 1996 | 70.54 billion current US$ | -8.8% |
| 1997 | 85.84 billion current US$ | +21.7% |
| 1998 | 91.34 billion current US$ | +6.4% |
| 1999 | 97.97 billion current US$ | +7.3% |
| 2000 | 117.15 billion current US$ | +19.6% |
| 2001 | 122.91 billion current US$ | +4.9% |
| 2002 | 92.89 billion current US$ | -24.4% |
| 2003 | 83.62 billion current US$ | -10.0% |
| 2004 | 112.45 billion current US$ | +34.5% |
| 2005 | 145.51 billion current US$ | +29.4% |
| 2006 | 183.48 billion current US$ | +26.1% |
| 2007 | 230.36 billion current US$ | +25.6% |
| 2008 | 315.95 billion current US$ | +37.2% |
| 2009 | 329.79 billion current US$ | +4.4% |
| 2010 | 393.19 billion current US$ | +19.2% |
| 2011 | 316.48 billion current US$ | -19.5% |
| 2012 | 371.85 billion current US$ | +17.5% |
| 2013 | 258.51 billion current US$ | -30.5% |
| 2014 | 214.84 billion current US$ | -16.9% |
| 2015 | 125.25 billion current US$ | -41.7% |
| 2016 | 112.95 billion current US$ | -9.8% |
| 2017 | 115.89 billion current US$ | +2.6% |
| 2018 | 101.99 billion current US$ | -12.0% |
| 2019 | 73.01 billion current US$ | -28.4% |
| 2020 | 42.84 billion current US$ | -41.3% |
| 2021 | 56.62 billion current US$ | +32.2% |
| 2022 | 89.01 billion current US$ | +57.2% |
| 2023 | 102.38 billion current US$ | +15.0% |
| 2024 | 120.57 billion current US$ | +17.8% |
| 2025 | 99.66 billion current US$ | -17.3% |
Venezuela compared with similar countries
- Venezuela's 99.66 billion current US$ is above the median for lower middle income countries, which is 32.08 billion current US$, 3.1× the median. (47 countries reporting)
- Venezuela's 99.66 billion current US$ is above the median for Latin America & Caribbean, which is 29.59 billion current US$, 3.4× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.91 billion current US$ | 7.66 billion current US$ | 10.29 billion current US$ | 10 |
| 1970s | 26.44 billion current US$ | 11.56 billion current US$ | 48.31 billion current US$ | 10 |
| 1980s | 59.49 billion current US$ | 43.54 billion current US$ | 67.74 billion current US$ | 10 |
| 1990s | 70.40 billion current US$ | 48.61 billion current US$ | 97.97 billion current US$ | 10 |
| 2000s | 173.41 billion current US$ | 83.62 billion current US$ | 329.79 billion current US$ | 10 |
| 2010s | 208.40 billion current US$ | 73.01 billion current US$ | 393.19 billion current US$ | 10 |
| 2020s | 85.18 billion current US$ | 42.84 billion current US$ | 120.57 billion current US$ | 6 |
Countries ranked near Venezuela
- 76 Luxembourg 101.16 billion current US$ compare
- 77 Serbia 99.95 billion current US$ compare
- 78 Cote d'Ivoire 99.77 billion current US$ compare
- 80 Lithuania 95.21 billion current US$ compare
- 81 Belarus 93.40 billion current US$ compare
- 82 Democratic Republic of Congo 91.03 billion current 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)
- 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$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is gdp in Venezuela?
- Gdp in Venezuela was 99.66 billion current US$ 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 393.19 billion current US$ in 2010.
- What is the lowest gdp recorded in Venezuela?
- The lowest recorded value was 7.66 billion current US$ in 1960.
- How does Venezuela rank for gdp?
- Venezuela ranks 79th out of 214 countries with data for 2025.
- Is gdp rising or falling in Venezuela?
- Over the last ten years it is down 20.4%. 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.