Gross Domestic Product — Value US$ per capita, 2015 prices in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Gross Domestic Product — Value US$ per capita, 2015 prices was 3,716 USD in 2024. ▼ Falling
Gross Domestic Product — Value US$ per capita, 2015 prices in Venezuela (Bolivarian Republic of), 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Venezuela (Bolivarian Republic of) recorded 3,716 USD for gross domestic product — value us$ per capita, 2015 prices in 2024.
Compared with earlier readings it is down 5.2% on the previous year and down 69.3% over ten years.
Over the whole period, gross domestic product — value us$ per capita, 2015 prices in Venezuela (Bolivarian Republic of) peaked at 13,514 USD in 1977 and was at its lowest, 3,438 USD, in 2020.
Venezuela (Bolivarian Republic of) ranks 8th of 20 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Gross Domestic Product — Value US$ per capita, 2015 prices in Venezuela (Bolivarian Republic of), year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 11,256 USD | — |
| 1971 | 11,252 USD | -0.0% |
| 1972 | 11,275 USD | +0.2% |
| 1973 | 11,630 USD | +3.1% |
| 1974 | 11,978 USD | +3.0% |
| 1975 | 12,339 USD | +3.0% |
| 1976 | 13,036 USD | +5.7% |
| 1977 | 13,514 USD | +3.7% |
| 1978 | 13,411 USD | -0.8% |
| 1979 | 13,207 USD | -1.5% |
| 1980 | 12,585 USD | -4.7% |
| 1981 | 12,204 USD | -3.0% |
| 1982 | 11,956 USD | -2.0% |
| 1983 | 10,984 USD | -8.1% |
| 1984 | 10,551 USD | -3.9% |
| 1985 | 10,298 USD | -2.4% |
| 1986 | 10,685 USD | +3.8% |
| 1987 | 10,784 USD | +0.9% |
| 1988 | 11,124 USD | +3.2% |
| 1989 | 9,920 USD | -10.8% |
| 1990 | 10,307 USD | +3.9% |
| 1991 | 11,043 USD | +7.1% |
| 1992 | 11,444 USD | +3.6% |
| 1993 | 11,220 USD | -2.0% |
| 1994 | 10,719 USD | -4.5% |
| 1995 | 10,907 USD | +1.8% |
| 1996 | 10,661 USD | -2.3% |
| 1997 | 11,110 USD | +4.2% |
| 1998 | 10,921 USD | -1.7% |
| 1999 | 10,070 USD | -7.8% |
| 2000 | 10,246 USD | +1.7% |
| 2001 | 10,401 USD | +1.5% |
| 2002 | 9,310 USD | -10.5% |
| 2003 | 8,437 USD | -9.4% |
| 2004 | 9,810 USD | +16.3% |
| 2005 | 10,642 USD | +8.5% |
| 2006 | 11,504 USD | +8.1% |
| 2007 | 12,319 USD | +7.1% |
| 2008 | 12,782 USD | +3.8% |
| 2009 | 12,206 USD | -4.5% |
| 2010 | 11,868 USD | -2.8% |
| 2011 | 12,205 USD | +2.8% |
| 2012 | 12,731 USD | +4.3% |
| 2013 | 12,748 USD | +0.1% |
| 2014 | 12,113 USD | -5.0% |
| 2015 | 11,240 USD | -7.2% |
| 2016 | 9,267 USD | -17.6% |
| 2017 | 7,866 USD | -15.1% |
| 2018 | 6,483 USD | -17.6% |
| 2019 | 4,827 USD | -25.5% |
| 2020 | 3,438 USD | -28.8% |
| 2021 | 3,498 USD | +1.7% |
| 2022 | 3,781 USD | +8.1% |
| 2023 | 3,920 USD | +3.7% |
| 2024 | 3,716 USD | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12,290 USD | 11,252 USD | 13,514 USD | 10 |
| 1980s | 11,109 USD | 9,920 USD | 12,585 USD | 10 |
| 1990s | 10,840 USD | 10,070 USD | 11,444 USD | 10 |
| 2000s | 10,766 USD | 8,437 USD | 12,782 USD | 10 |
| 2010s | 10,135 USD | 4,827 USD | 12,748 USD | 10 |
| 2020s | 3,671 USD | 3,438 USD | 3,920 USD | 5 |
Countries ranked near Venezuela (Bolivarian Republic of)
- 5 Iran (Islamic Republic of) 5,892 USD compare
- 5 Ireland 93,695 USD compare
- 6 Switzerland 90,911 USD compare
- 6 Viet Nam 4,002 USD compare
- 7 Cayman Islands 82,382 USD compare
- 7 Micronesia 3,796 USD compare
- 8 Norway 79,745 USD compare
- 9 Singapore 69,292 USD compare
- 9 Melanesia 3,365 USD compare
- 10 Bolivia (Plurinational State of) 3,226 USD compare
- 10 Denmark 63,226 USD compare
- 11 China, Macao SAR 61,119 USD compare
- 11 Republic of Moldova 3,042 USD compare
More economy & growth data for Venezuela (Bolivarian Republic of)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 4.86 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices -5.21 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 161,016 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 14,501 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 0 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 5,131 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 8.17 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -35.55 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local -35.55 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 5.01 % (2024)
Frequently asked questions
- What is gross domestic product — value us$ per capita, 2015 prices in Venezuela (Bolivarian Republic of)?
- Gross domestic product — value us$ per capita, 2015 prices in Venezuela (Bolivarian Republic of) was 3,716 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita, 2015 prices recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 13,514 USD in 1977.
- What is the lowest gross domestic product — value us$ per capita, 2015 prices recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was 3,438 USD in 2020.
- How does Venezuela (Bolivarian Republic of) rank for gross domestic product — value us$ per capita, 2015 prices?
- Venezuela (Bolivarian Republic of) ranks 8th out of 20 countries with data for 2024.
- Is gross domestic product — value us$ per capita, 2015 prices rising or falling in Venezuela (Bolivarian Republic of)?
- Over the last ten years it is down 69.3%. The long-run trend across the full record is falling.
- Where does this Venezuela (Bolivarian Republic of) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).