Gross domestic product (GDP) (National statistical) in Venezuela
Venezuela: Gross domestic product (GDP) was 43.31 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
43.31 billion constant 2015 US$
Change on year
up 1.6%
World rank
96th
of 209 countries
All-time high
138.87 billion constant 2015 US$
in 2013
All-time low
33.13 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Gross domestic product (GDP) in Venezuela, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
In 2025, gross domestic product (gdp) in Venezuela stood at 43.31 billion constant 2015 US$.
The figure is up 1.6% on the previous year and down 65.4% over ten years.
Over the whole period, gross domestic product (gdp) in Venezuela peaked at 138.87 billion constant 2015 US$ in 2013 and was at its lowest, 33.13 billion constant 2015 US$, in 1960.
Venezuela ranks 96th of 209 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Gross domestic product (GDP) in Venezuela, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 33.13 billion constant 2015 US$ | — |
| 1961 | 34.19 billion constant 2015 US$ | +3.2% |
| 1962 | 37.11 billion constant 2015 US$ | +8.5% |
| 1963 | 38.56 billion constant 2015 US$ | +3.9% |
| 1964 | 42.85 billion constant 2015 US$ | +11.1% |
| 1965 | 44.63 billion constant 2015 US$ | +4.2% |
| 1966 | 45.30 billion constant 2015 US$ | +1.5% |
| 1967 | 46.59 billion constant 2015 US$ | +2.8% |
| 1968 | 50.01 billion constant 2015 US$ | +7.3% |
| 1969 | 50.36 billion constant 2015 US$ | +0.7% |
| 1970 | 54.24 billion constant 2015 US$ | +7.7% |
| 1971 | 55.05 billion constant 2015 US$ | +1.5% |
| 1972 | 55.75 billion constant 2015 US$ | +1.3% |
| 1973 | 59.72 billion constant 2015 US$ | +7.1% |
| 1974 | 60.95 billion constant 2015 US$ | +2.1% |
| 1975 | 62.72 billion constant 2015 US$ | +2.9% |
| 1976 | 67.56 billion constant 2015 US$ | +7.7% |
| 1977 | 71.80 billion constant 2015 US$ | +6.3% |
| 1978 | 73.49 billion constant 2015 US$ | +2.3% |
| 1979 | 74.05 billion constant 2015 US$ | +0.8% |
| 1980 | 70.77 billion constant 2015 US$ | -4.4% |
| 1981 | 69.88 billion constant 2015 US$ | -1.3% |
| 1982 | 71.67 billion constant 2015 US$ | +2.6% |
| 1983 | 64.75 billion constant 2015 US$ | -9.7% |
| 1984 | 68.09 billion constant 2015 US$ | +5.2% |
| 1985 | 68.54 billion constant 2015 US$ | +0.7% |
| 1986 | 72.78 billion constant 2015 US$ | +6.2% |
| 1987 | 76.36 billion constant 2015 US$ | +4.9% |
| 1988 | 81.27 billion constant 2015 US$ | +6.4% |
| 1989 | 69.88 billion constant 2015 US$ | -14.0% |
| 1990 | 74.57 billion constant 2015 US$ | +6.7% |
| 1991 | 81.71 billion constant 2015 US$ | +9.6% |
| 1992 | 86.63 billion constant 2015 US$ | +6.0% |
| 1993 | 86.85 billion constant 2015 US$ | +0.3% |
| 1994 | 84.84 billion constant 2015 US$ | -2.3% |
| 1995 | 88.19 billion constant 2015 US$ | +3.9% |
| 1996 | 87.97 billion constant 2015 US$ | -0.3% |
| 1997 | 93.55 billion constant 2015 US$ | +6.3% |
| 1998 | 93.99 billion constant 2015 US$ | +0.5% |
| 1999 | 88.41 billion constant 2015 US$ | -5.9% |
| 2000 | 91.54 billion constant 2015 US$ | +3.5% |
| 2001 | 94.66 billion constant 2015 US$ | +3.4% |
| 2002 | 86.40 billion constant 2015 US$ | -8.7% |
| 2003 | 79.70 billion constant 2015 US$ | -7.8% |
| 2004 | 94.22 billion constant 2015 US$ | +18.2% |
| 2005 | 103.82 billion constant 2015 US$ | +10.2% |
| 2006 | 114.09 billion constant 2015 US$ | +9.9% |
| 2007 | 124.13 billion constant 2015 US$ | +8.8% |
| 2008 | 130.61 billion constant 2015 US$ | +5.2% |
| 2009 | 126.59 billion constant 2015 US$ | -3.1% |
| 2010 | 124.58 billion constant 2015 US$ | -1.6% |
| 2011 | 129.72 billion constant 2015 US$ | +4.1% |
| 2012 | 137.08 billion constant 2015 US$ | +5.7% |
| 2013 | 138.87 billion constant 2015 US$ | +1.3% |
| 2014 | 133.51 billion constant 2015 US$ | -3.9% |
| 2015 | 125.25 billion constant 2015 US$ | -6.2% |
| 2016 | 103.82 billion constant 2015 US$ | -17.1% |
| 2017 | 87.52 billion constant 2015 US$ | -15.7% |
| 2018 | 70.33 billion constant 2015 US$ | -19.6% |
| 2019 | 50.90 billion constant 2015 US$ | -27.6% |
| 2020 | 35.72 billion constant 2015 US$ | -29.8% |
| 2021 | 35.95 billion constant 2015 US$ | +0.6% |
| 2022 | 38.85 billion constant 2015 US$ | +8.1% |
| 2023 | 40.41 billion constant 2015 US$ | +4.0% |
| 2024 | 42.64 billion constant 2015 US$ | +5.5% |
| 2025 | 43.31 billion constant 2015 US$ | +1.6% |
Venezuela compared with similar countries
- Venezuela's 43.31 billion constant 2015 US$ is above the median for lower middle income countries, which is 28.68 billion constant 2015 US$, 1.5× the median. (47 countries reporting)
- Venezuela's 43.31 billion constant 2015 US$ is above the median for Latin America & Caribbean, which is 25.54 billion constant 2015 US$, 1.7× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -29.8% | 50.90 billion constant 2015 US$ | 35.72 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 42.27 billion constant 2015 US$ | 33.13 billion constant 2015 US$ | 50.36 billion constant 2015 US$ | 10 |
| 1970s | 63.53 billion constant 2015 US$ | 54.24 billion constant 2015 US$ | 74.05 billion constant 2015 US$ | 10 |
| 1980s | 71.40 billion constant 2015 US$ | 64.75 billion constant 2015 US$ | 81.27 billion constant 2015 US$ | 10 |
| 1990s | 86.67 billion constant 2015 US$ | 74.57 billion constant 2015 US$ | 93.99 billion constant 2015 US$ | 10 |
| 2000s | 104.58 billion constant 2015 US$ | 79.70 billion constant 2015 US$ | 130.61 billion constant 2015 US$ | 10 |
| 2010s | 110.16 billion constant 2015 US$ | 50.90 billion constant 2015 US$ | 138.87 billion constant 2015 US$ | 10 |
| 2020s | 39.48 billion constant 2015 US$ | 35.72 billion constant 2015 US$ | 43.31 billion constant 2015 US$ | 6 |
Countries ranked near Venezuela
- 93 Paraguay 49.29 billion constant 2015 US$ compare
- 94 Macao 45.57 billion constant 2015 US$ compare
- 95 Cameroon 44.50 billion constant 2015 US$ compare
- 97 Bahrain 42.56 billion constant 2015 US$ compare
- 98 Cambodia 40.58 billion constant 2015 US$ compare
- 99 Bolivia 37.21 billion constant 2015 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)
- 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 gross domestic product (gdp) in Venezuela?
- Gross domestic product (gdp) in Venezuela was 43.31 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Venezuela?
- The highest recorded value was 138.87 billion constant 2015 US$ in 2013.
- What is the lowest gross domestic product (gdp) recorded in Venezuela?
- The lowest recorded value was 33.13 billion constant 2015 US$ in 1960.
- How does Venezuela rank for gross domestic product (gdp)?
- Venezuela ranks 96th out of 209 countries with data for 2025.
- Is gross domestic product (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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.