Gross Domestic Product, GDP in millions constant 2021 international $ in Venezuela
Venezuela: Gross Domestic Product, GDP in millions constant 2021 international $ was 0.0116 units per person in 2025. ▼ Falling
Gross Domestic Product, GDP in millions constant 2021 international $ in Venezuela, 1991–2025
Source: Statizoid (derived). Measured in units per person.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Venezuela is 0.0116 units per person, measured in 2025.
That represents a change of up 0.1% on the previous year and down 63.4% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Venezuela peaked at 0.0359 units per person in 2008 and was at its lowest, 0.0097 units per person, in 2020.
That places Venezuela 114th out of 186 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 35 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Venezuela, year by year
| Year | units per person | Change |
|---|---|---|
| 1991 | 0.031 units per person | — |
| 1992 | 0.0322 units per person | +3.6% |
| 1993 | 0.0315 units per person | -2.0% |
| 1994 | 0.0301 units per person | -4.5% |
| 1995 | 0.0306 units per person | +1.8% |
| 1996 | 0.03 units per person | -2.3% |
| 1997 | 0.0312 units per person | +4.2% |
| 1998 | 0.0307 units per person | -1.7% |
| 1999 | 0.0283 units per person | -7.8% |
| 2000 | 0.0288 units per person | +1.7% |
| 2001 | 0.0292 units per person | +1.5% |
| 2002 | 0.0262 units per person | -10.5% |
| 2003 | 0.0237 units per person | -9.4% |
| 2004 | 0.0276 units per person | +16.3% |
| 2005 | 0.0299 units per person | +8.5% |
| 2006 | 0.0323 units per person | +8.1% |
| 2007 | 0.0346 units per person | +7.1% |
| 2008 | 0.0359 units per person | +3.8% |
| 2009 | 0.0343 units per person | -4.5% |
| 2010 | 0.0333 units per person | -2.8% |
| 2011 | 0.0343 units per person | +2.8% |
| 2012 | 0.0358 units per person | +4.3% |
| 2013 | 0.0358 units per person | +0.1% |
| 2014 | 0.034 units per person | -5.0% |
| 2015 | 0.0316 units per person | -7.2% |
| 2016 | 0.026 units per person | -17.6% |
| 2017 | 0.0221 units per person | -15.1% |
| 2018 | 0.0182 units per person | -17.6% |
| 2019 | 0.0136 units per person | -25.5% |
| 2020 | 0.0097 units per person | -28.8% |
| 2021 | 0.0098 units per person | +1.7% |
| 2022 | 0.0106 units per person | +8.1% |
| 2023 | 0.011 units per person | +3.7% |
| 2024 | 0.0115 units per person | +4.9% |
| 2025 | 0.0116 units per person | +0.1% |
Venezuela compared with similar countries
- Venezuela's 0.0116 units per person is above the median for lower middle income countries, which is 0.0061 units per person, 1.9× the median. (46 countries reporting)
- Venezuela's 0.0116 units per person is below the median for Latin America & Caribbean, which is 0.0202 units per person, 57% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0306 units per person | 0.0283 units per person | 0.0322 units per person | 9 |
| 2000s | 0.0302 units per person | 0.0237 units per person | 0.0359 units per person | 10 |
| 2010s | 0.0285 units per person | 0.0136 units per person | 0.0358 units per person | 10 |
| 2020s | 0.0107 units per person | 0.0097 units per person | 0.0116 units per person | 6 |
Countries ranked near Venezuela
- 111 Iraq 0.0127 units per person compare
- 112 Lebanon 0.0121 units per person compare
- 113 El Salvador 0.0119 units per person compare
- 115 Uzbekistan 0.011 units per person compare
- 116 Jamaica 0.0109 units per person compare
- 117 Philippines 0.0109 units per person 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 gross domestic product, gdp in millions constant 2021 international $ in Venezuela?
- Gross domestic product, gdp in millions constant 2021 international $ in Venezuela was 0.0116 units per person in 2025, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Venezuela?
- The highest recorded value was 0.0359 units per person in 2008.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Venezuela?
- The lowest recorded value was 0.0097 units per person in 2020.
- How does Venezuela rank for gross domestic product, gdp in millions constant 2021 international $?
- Venezuela ranks 114th out of 186 countries with data for 2025.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Venezuela?
- Over the last ten years it is down 63.4%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) ÷ Population, total
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
- Population, total World Population Prospects, United Nations (UN)
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
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.