Gross National Income — Value Standard Local Currency, annual growth in Venezuela (Bolivarian Republic of)

Venezuela (Bolivarian Republic of): Gross National Income — Value Standard Local Currency, annual growth was 343.57 % change on previous year in 2023. ◆ Volatile

Latest (2023)
343.57 % change on previous year
Change on year
up 46.8%
World rank
1st
of 231 countries
All-time high
591.3 % change on previous year
in 2017
All-time low
0 % change on previous year
in 2000
Years of data
20
2000–2023

Gross National Income — Value Standard Local Currency, annual growth in Venezuela (Bolivarian Republic of), 2000–2023

02004006002000201120232000: 0 % change on previous year2001: 0 % change on previous year2002: 0 % change on previous year2003: 0 % change on previous year2004: 100 % change on previous year2005: 50 % change on previous year2006: 33.3 % change on previous year2007: 25 % change on previous year2008: 40 % change on previous year2009: 0 % change on previous year2010: 42.9 % change on previous year2011: 30 % change on previous year2012: 23.1 % change on previous year2013: 37.5 % change on previous year2014: 36.4 % change on previous year2015: 160 % change on previous year2016: 253.8 % change on previous year2017: 591.3 % change on previous year2022: 234.1 % change on previous year2023: 343.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, gross national income — value standard local currency, annual growth in Venezuela (Bolivarian Republic of) stood at 343.57 % change on previous year.

Compared with earlier readings it is up 46.8% on the previous year and up 816.2% over ten years.

Over the whole period, gross national income — value standard local currency, annual growth in Venezuela (Bolivarian Republic of) peaked at 591.3 % change on previous year in 2017 and was at its lowest, 0 % change on previous year, in 2000.

Venezuela (Bolivarian Republic of) ranks 1st of 231 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 National Income — Value Standard Local Currency, annual growth in Venezuela (Bolivarian Republic of), year by year

Annual values for Gross National Income — Value Standard Local Currency, annual growth rate in Venezuela (Bolivarian Republic of), 2000 to 2023.
Year % change on previous year Change
2000 0 % change on previous year
2001 0 % change on previous year
2002 0 % change on previous year
2003 0 % change on previous year
2004 100 % change on previous year
2005 50 % change on previous year -50.0%
2006 33.33 % change on previous year -33.3%
2007 25 % change on previous year -25.0%
2008 40 % change on previous year +60.0%
2009 0 % change on previous year -100.0%
2010 42.86 % change on previous year
2011 30 % change on previous year -30.0%
2012 23.08 % change on previous year -23.1%
2013 37.5 % change on previous year +62.5%
2014 36.36 % change on previous year -3.0%
2015 160 % change on previous year +340.0%
2016 253.85 % change on previous year +58.7%
2017 591.3 % change on previous year +132.9%
2022 234.12 % change on previous year -60.4%
2023 343.57 % change on previous year +46.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.83 % change on previous year 0 % change on previous year 100 % change on previous year 10
2010s 146.87 % change on previous year 23.08 % change on previous year 591.3 % change on previous year 8
2020s 288.85 % change on previous year 234.12 % change on previous year 343.57 % change on previous year 2

Countries ranked near Venezuela (Bolivarian Republic of)

  1. 2 Lebanon 211.39 % change on previous year compare
  2. 3 Yugoslav SFR 206 % change on previous year
  3. 4 Sudan 173.43 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Venezuela (Bolivarian Republic of)

All data for Venezuela (Bolivarian Republic of) →

Frequently asked questions

What is gross national income — value standard local currency, annual growth in Venezuela (Bolivarian Republic of)?
Gross national income — value standard local currency, annual growth in Venezuela (Bolivarian Republic of) was 343.57 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, annual growth recorded in Venezuela (Bolivarian Republic of)?
The highest recorded value was 591.3 % change on previous year in 2017.
What is the lowest gross national income — value standard local currency, annual growth recorded in Venezuela (Bolivarian Republic of)?
The lowest recorded value was 0 % change on previous year in 2000.
How does Venezuela (Bolivarian Republic of) rank for gross national income — value standard local currency, annual growth?
Venezuela (Bolivarian Republic of) ranks 1st out of 231 countries with data for 2023.
Is gross national income — value standard local currency, annual growth rising or falling in Venezuela (Bolivarian Republic of)?
Over the last ten years it is up 816.2%. The long-run trend across the full record is volatile.
Where does this Venezuela (Bolivarian Republic of) data come from?
The figures come from Statizoid (derived), published as part of Gross National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross National Income — Value Standard Local Currency, annual growth in Venezuela (Bolivarian Republic of). Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-annual-growth-rate/venezuela-bolivarian-republic-of/

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How this figure is calculated

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross National Income — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,164 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.