Gross domestic product (GDP), Current prices, Domestic currency in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Gross domestic product (GDP), Current prices, Domestic currency was 10.31 billion in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Venezuela, Bolivarian Republic of, 1960–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), current prices, domestic currency in Venezuela, Bolivarian Republic of is 10.31 billion, measured in 2019. That is the highest value across all 60 years on record.
That represents a change of up 12,903.9% on the previous year and up 1,457,290,000.0% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Venezuela, Bolivarian Republic of peaked at 10.31 billion in 2019 and was at its lowest, 0.0291, in 1960.
Venezuela, Bolivarian Republic of ranks 1st of 194 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.0291 | — |
| 1961 | 0.0298 | +2.4% |
| 1962 | 0.0329 | +10.6% |
| 1963 | 0.0357 | +8.3% |
| 1964 | 0.0406 | +13.9% |
| 1965 | 0.0429 | +5.6% |
| 1966 | 0.0451 | +5.0% |
| 1967 | 0.0468 | +3.8% |
| 1968 | 0.0523 | +11.8% |
| 1969 | 0.0547 | +4.6% |
| 1970 | 0.0609 | +11.2% |
| 1971 | 0.0668 | +9.8% |
| 1972 | 0.0719 | +7.6% |
| 1973 | 0.0857 | +19.1% |
| 1974 | 0.1313 | +53.2% |
| 1975 | 0.1381 | +5.2% |
| 1976 | 0.158 | +14.4% |
| 1977 | 0.1821 | +15.2% |
| 1978 | 0.1977 | +8.6% |
| 1979 | 0.243 | +22.9% |
| 1980 | 0.2973 | +22.4% |
| 1981 | 0.3336 | +12.2% |
| 1982 | 0.3407 | +2.1% |
| 1983 | 0.3398 | -0.3% |
| 1984 | 0.4065 | +19.6% |
| 1985 | 0.4497 | +10.6% |
| 1986 | 0.4734 | +5.3% |
| 1987 | 0.6739 | +42.4% |
| 1988 | 0.8451 | +25.4% |
| 1989 | 1.44 | +70.1% |
| 1990 | 2.21 | +53.4% |
| 1991 | 2.94 | +33.3% |
| 1992 | 4 | +36.0% |
| 1993 | 5.28 | +32.0% |
| 1994 | 8.39 | +59.1% |
| 1995 | 13.24 | +57.8% |
| 1996 | 28.49 | +115.1% |
| 1997 | 41.94 | +47.2% |
| 1998 | 50.01 | +19.2% |
| 1999 | 59.34 | +18.7% |
| 2000 | 79.66 | +34.2% |
| 2001 | 88.95 | +11.7% |
| 2002 | 107.84 | +21.2% |
| 2003 | 134.23 | +24.5% |
| 2004 | 212.68 | +58.4% |
| 2005 | 304.09 | +43.0% |
| 2006 | 393.93 | +29.5% |
| 2007 | 494.59 | +25.6% |
| 2008 | 677.59 | +37.0% |
| 2009 | 707.26 | +4.4% |
| 2010 | 1,017 | +43.8% |
| 2011 | 1,357 | +33.5% |
| 2012 | 1,635 | +20.5% |
| 2013 | 2,246 | +37.3% |
| 2014 | 3,031 | +35.0% |
| 2015 | 6,025 | +98.8% |
| 2016 | 21,059 | +249.5% |
| 2017 | 150,607 | +615.2% |
| 2018 | 79.26 million | +52527.0% |
| 2019 | 10.31 billion | +12903.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.041 | 0.0291 | 0.0547 | 10 |
| 1970s | 0.1336 | 0.0609 | 0.243 | 10 |
| 1980s | 0.5598 | 0.2973 | 1.44 | 10 |
| 1990s | 21.58 | 2.21 | 59.34 | 10 |
| 2000s | 320.08 | 79.66 | 707.26 | 10 |
| 2010s | 1.04 billion | 1,017 | 10.31 billion | 10 |
Countries ranked near Venezuela, Bolivarian Republic of
More economy & growth data for Venezuela, Bolivarian Republic of
- 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 gross domestic product (gdp), current prices, domestic currency in Venezuela, Bolivarian Republic of?
- Gross domestic product (gdp), current prices, domestic currency in Venezuela, Bolivarian Republic of was 10.31 billion in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 10.31 billion in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.0291 in 1960.
- How does Venezuela, Bolivarian Republic of rank for gross domestic product (gdp), current prices, domestic currency?
- Venezuela, Bolivarian Republic of ranks 1st out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 1,457,290,000.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.