GDP, PPP (current international $), annual growth rate in Venezuela
Venezuela: GDP, PPP (current international $), annual growth rate was 6.27 % change on previous year in 2011. ◆ Volatile
GDP, PPP (current international $), annual growth rate in Venezuela, 1991–2011
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Venezuela recorded 6.27 % change on previous year for gdp, ppp (current international $), annual growth rate in 2011.
That represents a change of up 1,702.4% on the previous year and up 9.2% over ten years.
Over the whole period, gdp, ppp (current international $), annual growth rate in Venezuela peaked at 21.39 % change on previous year in 2004 and was at its lowest, -7.31 % change on previous year, in 2002.
Venezuela ranks 97th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP, PPP (current international $), annual growth rate in Venezuela, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 13.29 % change on previous year | — |
| 1992 | 8.43 % change on previous year | -36.6% |
| 1993 | 2.63 % change on previous year | -68.7% |
| 1994 | -0.2279 % change on previous year | -108.7% |
| 1995 | 6.13 % change on previous year | -2788.7% |
| 1996 | 1.57 % change on previous year | -74.3% |
| 1997 | 8.18 % change on previous year | +420.0% |
| 1998 | 1.61 % change on previous year | -80.4% |
| 1999 | -4.61 % change on previous year | -386.8% |
| 2000 | 5.88 % change on previous year | -227.6% |
| 2001 | 5.74 % change on previous year | -2.3% |
| 2002 | -7.31 % change on previous year | -227.2% |
| 2003 | -5.93 % change on previous year | -18.8% |
| 2004 | 21.39 % change on previous year | -460.6% |
| 2005 | 13.64 % change on previous year | -36.2% |
| 2006 | 13.28 % change on previous year | -2.7% |
| 2007 | 11.75 % change on previous year | -11.5% |
| 2008 | 7.24 % change on previous year | -38.4% |
| 2009 | -2.48 % change on previous year | -134.2% |
| 2010 | -0.3913 % change on previous year | -84.2% |
| 2011 | 6.27 % change on previous year | -1702.4% |
Venezuela compared with similar countries
- Venezuela's 6.27 % change on previous year is below the median for lower middle income countries, which is 7.27 % change on previous year, 86% of the median. (47 countries reporting)
- Venezuela's 6.27 % change on previous year is above the median for Latin America & Caribbean, which is 6.27 % change on previous year, 1.0× the median. (39 countries reporting)
Biggest year-on-year movements
Years where GDP, PPP (current international $), annual growth rate in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +2788.7% | -0.2279 % change on previous year | 6.13 % change on previous year |
| 2011 | +1702.4% | -0.3913 % change on previous year | 6.27 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.11 % change on previous year | -4.61 % change on previous year | 13.29 % change on previous year | 9 |
| 2000s | 6.32 % change on previous year | -7.31 % change on previous year | 21.39 % change on previous year | 10 |
| 2010s | 2.94 % change on previous year | -0.3913 % change on previous year | 6.27 % change on previous year | 2 |
Countries ranked near Venezuela
- 94 Peru 6.33 % change on previous year compare
- 95 Sint Maarten (Dutch part) 6.3 % change on previous year
- 96 Saint Vincent and the Grenadines 6.29 % change on previous year compare
- 98 Switzerland 6.19 % change on previous year compare
- 99 Cameroon 6.09 % change on previous year compare
- 100 Fiji 6.09 % change on previous year compare
More economy & growth data for Venezuela
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Foreign direct investment, net outflows (BoP, current US$), 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, ppp (current international $), annual growth rate in Venezuela?
- Gdp, ppp (current international $), annual growth rate in Venezuela was 6.27 % change on previous year in 2011, according to Statizoid (derived).
- What is the highest gdp, ppp (current international $), annual growth rate recorded in Venezuela?
- The highest recorded value was 21.39 % change on previous year in 2004.
- What is the lowest gdp, ppp (current international $), annual growth rate recorded in Venezuela?
- The lowest recorded value was -7.31 % change on previous year in 2002.
- How does Venezuela rank for gdp, ppp (current international $), annual growth rate?
- Venezuela ranks 97th out of 204 countries with data for 2011.
- Is gdp, ppp (current international $), annual growth rate rising or falling in Venezuela?
- Over the last ten years it is up 9.2%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of GDP, PPP (current international $), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP, PPP (current international $). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP, PPP International Comparison Program (ICP), World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP, PPP (current international $). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.