GDP deflator (base year varies by country) (GDP Country official) in Venezuela
Venezuela: GDP deflator (base year varies by country) (GDP Country official) was 97,055 base year varies by country in 2025. ◆ Volatile
GDP deflator in Venezuela, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in base year varies by country.
Analysis
The most recent figure for gdp deflator in Venezuela is 97,055 base year varies by country, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 227.1% on the previous year and up 44,985,300,000,000.0% over ten years.
Over the whole period, gdp deflator in Venezuela peaked at 97,055 base year varies by country in 2025 and was at its lowest, 0 base year varies by country, in 1960.
That places Venezuela 3rd out of 214 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP deflator (base year varies by country) (GDP Country official) in Venezuela, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1960 | 0 base year varies by country | — |
| 1961 | 0 base year varies by country | +2.0% |
| 1962 | 0 base year varies by country | +0.7% |
| 1963 | 0 base year varies by country | +4.9% |
| 1964 | 0 base year varies by country | -0.4% |
| 1965 | 0 base year varies by country | +2.2% |
| 1966 | 0 base year varies by country | +2.6% |
| 1967 | 0 base year varies by country | +2.4% |
| 1968 | 0 base year varies by country | +1.1% |
| 1969 | 0 base year varies by country | +1.8% |
| 1970 | 0 base year varies by country | +4.4% |
| 1971 | 0 base year varies by country | +8.2% |
| 1972 | 0 base year varies by country | +6.3% |
| 1973 | 0 base year varies by country | +11.2% |
| 1974 | 0 base year varies by country | +50.1% |
| 1975 | 0 base year varies by country | +2.3% |
| 1976 | 0 base year varies by country | +6.2% |
| 1977 | 0 base year varies by country | +8.4% |
| 1978 | 0 base year varies by country | +6.1% |
| 1979 | 0 base year varies by country | +21.9% |
| 1980 | 0 base year varies by country | +28.0% |
| 1981 | 0 base year varies by country | +13.6% |
| 1982 | 0 base year varies by country | -0.4% |
| 1983 | 0 base year varies by country | +10.4% |
| 1984 | 0 base year varies by country | +37.5% |
| 1985 | 0 base year varies by country | +9.9% |
| 1986 | 0 base year varies by country | -0.9% |
| 1987 | 0 base year varies by country | +35.7% |
| 1988 | 0 base year varies by country | +17.8% |
| 1989 | 0 base year varies by country | +101.1% |
| 1990 | 0 base year varies by country | +41.4% |
| 1991 | 0 base year varies by country | +21.6% |
| 1992 | 0 base year varies by country | +28.3% |
| 1993 | 0 base year varies by country | +31.7% |
| 1994 | 0 base year varies by country | +62.8% |
| 1995 | 0 base year varies by country | +51.8% |
| 1996 | 0 base year varies by country | +115.6% |
| 1997 | 0 base year varies by country | +34.0% |
| 1998 | 0 base year varies by country | +18.7% |
| 1999 | 0 base year varies by country | +26.1% |
| 2000 | 0 base year varies by country | +29.6% |
| 2001 | 0 base year varies by country | +8.0% |
| 2002 | 0 base year varies by country | +32.8% |
| 2003 | 0 base year varies by country | +34.9% |
| 2004 | 0 base year varies by country | +34.0% |
| 2005 | 0 base year varies by country | +29.8% |
| 2006 | 0 base year varies by country | +17.9% |
| 2007 | 0 base year varies by country | +15.4% |
| 2008 | 0 base year varies by country | +30.2% |
| 2009 | 0 base year varies by country | +7.7% |
| 2010 | 0 base year varies by country | +46.1% |
| 2011 | 0 base year varies by country | +28.2% |
| 2012 | 0 base year varies by country | +20.6% |
| 2013 | 0 base year varies by country | +39.2% |
| 2014 | 0 base year varies by country | +105.0% |
| 2015 | 0 base year varies by country | +134.9% |
| 2016 | 0 base year varies by country | +308.6% |
| 2017 | 0 base year varies by country | +1049.9% |
| 2018 | 0.0229 base year varies by country | +225653.0% |
| 2019 | 5.04 base year varies by country | +21909.4% |
| 2020 | 100 base year varies by country | +1885.5% |
| 2021 | 1,313 base year varies by country | +1212.8% |
| 2022 | 4,080 base year varies by country | +210.8% |
| 2023 | 19,088 base year varies by country | +367.8% |
| 2024 | 29,672 base year varies by country | +55.4% |
| 2025 | 97,055 base year varies by country | +227.1% |
Venezuela compared with similar countries
- Venezuela's 97,055 base year varies by country is above the median for lower middle income countries, which is 174.25 base year varies by country, 557.0× the median. (47 countries reporting)
- Venezuela's 97,055 base year varies by country is above the median for Latin America & Caribbean, which is 134.27 base year varies by country, 722.8× the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP deflator (base year varies by country) (GDP Country official) 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 | +225653.0% | 0 base year varies by country | 0.0229 base year varies by country |
| 2019 | +21909.4% | 0.0229 base year varies by country | 5.04 base year varies by country |
| 2020 | +1885.5% | 5.04 base year varies by country | 100 base year varies by country |
| 2021 | +1212.8% | 100 base year varies by country | 1,313 base year varies by country |
| 2017 | +1049.9% | 0 base year varies by country | 0 base year varies by country |
| 2023 | +367.8% | 4,080 base year varies by country | 19,088 base year varies by country |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 base year varies by country | 0 base year varies by country | 0 base year varies by country | 10 |
| 1970s | 0 base year varies by country | 0 base year varies by country | 0 base year varies by country | 10 |
| 1980s | 0 base year varies by country | 0 base year varies by country | 0 base year varies by country | 10 |
| 1990s | 0 base year varies by country | 0 base year varies by country | 0 base year varies by country | 10 |
| 2000s | 0 base year varies by country | 0 base year varies by country | 0 base year varies by country | 10 |
| 2010s | 0.5059 base year varies by country | 0 base year varies by country | 5.04 base year varies by country | 10 |
| 2020s | 25,218 base year varies by country | 100 base year varies by country | 97,055 base year varies by country | 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)
- 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 deflator in Venezuela?
- Gdp deflator in Venezuela was 97,055 base year varies by country in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp deflator recorded in Venezuela?
- The highest recorded value was 97,055 base year varies by country in 2025.
- What is the lowest gdp deflator recorded in Venezuela?
- The lowest recorded value was 0 base year varies by country in 1960.
- How does Venezuela rank for gdp deflator?
- Venezuela ranks 3rd out of 214 countries with data for 2025.
- Is gdp deflator rising or falling in Venezuela?
- Over the last ten years it is up 44,985,300,000,000.0%. 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 deflator (base year varies by country). Statizoid updates them automatically from the source API.
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About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This indicator is expressed as a ratio (a÷b).