Gross National Income — Value US$ in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Gross National Income — Value US$ was 119,257 million USD in 2023. ◆ Volatile
Gross National Income — Value US$ in Venezuela (Bolivarian Republic of), 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, gross national income — value us$ in Venezuela (Bolivarian Republic of) stood at 119,257 million USD.
The figure is up 5.8% on the previous year and down 67.2% over ten years.
Over the whole period, gross national income — value us$ in Venezuela (Bolivarian Republic of) peaked at 387,288 million USD in 2010 and was at its lowest, 12,954 million USD, in 1970.
That places Venezuela (Bolivarian Republic of) 8th out of 20 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$ in Venezuela (Bolivarian Republic of), year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 12,954 million USD | — |
| 1971 | 14,091 million USD | +8.8% |
| 1972 | 16,046 million USD | +13.9% |
| 1973 | 18,837 million USD | +17.4% |
| 1974 | 29,535 million USD | +56.8% |
| 1975 | 31,860 million USD | +7.9% |
| 1976 | 36,512 million USD | +14.6% |
| 1977 | 41,860 million USD | +14.6% |
| 1978 | 45,349 million USD | +8.3% |
| 1979 | 55,814 million USD | +23.1% |
| 1980 | 68,837 million USD | +23.3% |
| 1981 | 77,442 million USD | +12.5% |
| 1982 | 76,744 million USD | -0.9% |
| 1983 | 75,581 million USD | -1.5% |
| 1984 | 56,010 million USD | -25.9% |
| 1985 | 57,867 million USD | +3.3% |
| 1986 | 56,660 million USD | -2.1% |
| 1987 | 45,172 million USD | -20.3% |
| 1988 | 56,552 million USD | +25.2% |
| 1989 | 39,635 million USD | -29.9% |
| 1990 | 45,573 million USD | +15.0% |
| 1991 | 50,664 million USD | +11.2% |
| 1992 | 56,622 million USD | +11.8% |
| 1993 | 56,285 million USD | -0.6% |
| 1994 | 55,271 million USD | -1.8% |
| 1995 | 73,009 million USD | +32.1% |
| 1996 | 66,608 million USD | -8.8% |
| 1997 | 83,373 million USD | +25.2% |
| 1998 | 88,840 million USD | +6.6% |
| 1999 | 96,508 million USD | +8.6% |
| 2000 | 115,753 million USD | +19.9% |
| 2001 | 120,882 million USD | +4.4% |
| 2002 | 90,140 million USD | -25.4% |
| 2003 | 81,344 million USD | -9.8% |
| 2004 | 108,962 million USD | +34.0% |
| 2005 | 143,313 million USD | +31.5% |
| 2006 | 182,474 million USD | +27.3% |
| 2007 | 232,795 million USD | +27.6% |
| 2008 | 316,279 million USD | +35.9% |
| 2009 | 326,757 million USD | +3.3% |
| 2010 | 387,288 million USD | +18.5% |
| 2011 | 303,080 million USD | -21.7% |
| 2012 | 373,021 million USD | +23.1% |
| 2013 | 363,759 million USD | -2.5% |
| 2014 | 359,348 million USD | -1.2% |
| 2015 | 333,524 million USD | -7.2% |
| 2016 | 282,780 million USD | -15.2% |
| 2017 | 234,640 million USD | -17.0% |
| 2018 | 171,901 million USD | -26.7% |
| 2019 | 114,499 million USD | -33.4% |
| 2020 | 95,634 million USD | -16.5% |
| 2021 | 99,493 million USD | +4.0% |
| 2022 | 112,716 million USD | +13.3% |
| 2023 | 119,257 million USD | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30,286 million USD | 12,954 million USD | 55,814 million USD | 10 |
| 1980s | 61,050 million USD | 39,635 million USD | 77,442 million USD | 10 |
| 1990s | 67,275 million USD | 45,573 million USD | 96,508 million USD | 10 |
| 2000s | 171,870 million USD | 81,344 million USD | 326,757 million USD | 10 |
| 2010s | 292,384 million USD | 114,499 million USD | 387,288 million USD | 10 |
| 2020s | 106,775 million USD | 95,634 million USD | 119,257 million USD | 4 |
Countries ranked near Venezuela (Bolivarian Republic of)
- 5 United Kingdom of Great Britain and Northern Ireland 3.36 million million USD compare
- 5 Viet Nam 408,861 million USD compare
- 6 France 3.11 million million USD compare
- 6 Iran (Islamic Republic of) 401,128 million USD compare
- 7 Italy 2.29 million million USD compare
- 8 Brazil 2.12 million million USD compare
- 9 Canada 2.11 million million USD compare
- 9 United Republic of Tanzania 79,295 million USD compare
- 10 Democratic Republic of the Congo 68,089 million USD compare
- 10 Australia and New Zealand 1.96 million million USD compare
- 11 Russian Federation 1.96 million million USD compare
- 11 Melanesia 47,423 million 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 Standard Local -35.55 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -17.94 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -35.55 % (2024)
Frequently asked questions
- What is gross national income — value us$ in Venezuela (Bolivarian Republic of)?
- Gross national income — value us$ in Venezuela (Bolivarian Republic of) was 119,257 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value us$ recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 387,288 million USD in 2010.
- What is the lowest gross national income — value us$ recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was 12,954 million USD in 1970.
- How does Venezuela (Bolivarian Republic of) rank for gross national income — value us$?
- Venezuela (Bolivarian Republic of) ranks 8th out of 20 countries with data for 2023.
- Is gross national income — value us$ rising or falling in Venezuela (Bolivarian Republic of)?
- Over the last ten years it is down 67.2%. The long-run trend across the full record is volatile.
- Where does this Venezuela (Bolivarian Republic of) data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).