Inflation, GDP deflator in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Inflation, GDP deflator was 227.1% in 2025. ◆ Volatile
Inflation, GDP deflator in Venezuela, Bolivarian Republic of, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
In 2025, inflation, gdp deflator in Venezuela, Bolivarian Republic of stood at 227.1%.
That represents a change of up 309.6% on the previous year and up 68.3% over ten years.
Over the whole period, inflation, gdp deflator in Venezuela, Bolivarian Republic of peaked at 225,652.0% in 2018 and was at its lowest, -0.9%, in 1986.
Venezuela, Bolivarian Republic of ranks 1st of 212 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Venezuela, Bolivarian Republic of, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 2.0% | — |
| 1962 | 0.7% | -67.0% |
| 1963 | 4.9% | +639.8% |
| 1964 | -0.4% | -107.4% |
| 1965 | 2.2% | -691.3% |
| 1966 | 2.6% | +22.0% |
| 1967 | 2.4% | -8.0% |
| 1968 | 1.1% | -56.2% |
| 1969 | 1.8% | +67.1% |
| 1970 | 4.4% | +144.9% |
| 1971 | 8.2% | +88.9% |
| 1972 | 6.3% | -23.9% |
| 1973 | 11.2% | +78.7% |
| 1974 | 50.1% | +347.4% |
| 1975 | 2.3% | -95.5% |
| 1976 | 6.2% | +173.7% |
| 1977 | 8.4% | +36.4% |
| 1978 | 6.1% | -28.0% |
| 1979 | 21.9% | +260.6% |
| 1980 | 28.0% | +27.7% |
| 1981 | 13.6% | -51.4% |
| 1982 | -0.4% | -103.1% |
| 1983 | 10.4% | -2572.6% |
| 1984 | 37.5% | +260.7% |
| 1985 | 9.9% | -73.6% |
| 1986 | -0.9% | -108.9% |
| 1987 | 35.7% | -4168.2% |
| 1988 | 17.8% | -50.1% |
| 1989 | 101.1% | +467.6% |
| 1990 | 41.4% | -59.0% |
| 1991 | 21.6% | -47.8% |
| 1992 | 28.3% | +30.9% |
| 1993 | 31.7% | +11.9% |
| 1994 | 62.8% | +98.4% |
| 1995 | 51.8% | -17.6% |
| 1996 | 115.6% | +123.4% |
| 1997 | 34.0% | -70.6% |
| 1998 | 18.7% | -45.0% |
| 1999 | 26.1% | +40.0% |
| 2000 | 29.6% | +13.4% |
| 2001 | 8.0% | -73.1% |
| 2002 | 32.8% | +311.7% |
| 2003 | 34.9% | +6.4% |
| 2004 | 34.0% | -2.5% |
| 2005 | 29.8% | -12.6% |
| 2006 | 17.9% | -39.9% |
| 2007 | 15.4% | -13.9% |
| 2008 | 30.2% | +96.3% |
| 2009 | 7.7% | -74.5% |
| 2010 | 46.1% | +499.2% |
| 2011 | 28.2% | -38.8% |
| 2012 | 20.6% | -27.0% |
| 2013 | 39.2% | +90.5% |
| 2014 | 105.0% | +167.8% |
| 2015 | 134.9% | +28.4% |
| 2016 | 308.6% | +128.7% |
| 2017 | 1,049.9% | +240.2% |
| 2018 | 225,652.0% | +21393.1% |
| 2019 | 21,909.3% | -90.3% |
| 2020 | 1,885.5% | -91.4% |
| 2021 | 1,212.8% | -35.7% |
| 2022 | 210.8% | -82.6% |
| 2023 | 367.8% | +74.5% |
| 2024 | 55.4% | -84.9% |
| 2025 | 227.1% | +309.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.9% | -0.4% | 4.9% | 9 |
| 1970s | 12.5% | 2.3% | 50.1% | 10 |
| 1980s | 25.3% | -0.9% | 101.1% | 10 |
| 1990s | 43.2% | 18.7% | 115.6% | 10 |
| 2000s | 24.0% | 7.7% | 34.9% | 10 |
| 2010s | 24,929.4% | 20.6% | 225,652.0% | 10 |
| 2020s | 659.9% | 55.4% | 1,885.5% | 6 |
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)
- Services, value added (current US$), annual growth rate -100 % change on previous year (1991)
- Services, value added (current US$), per unit of GDP 0 current US$ per US$ of GDP (2011)
- Services, value added (current US$), per capita 0 current US$ per person (2011)
- Services, value added (current LCU), annual growth rate -100 % change on previous year (1991)
- Services, value added (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Services, value added (current LCU), per capita 0 current LCU per person (2011)
- Services, value added (constant LCU), per capita 1,026 constant LCU per person (2014)
- GDP deflator (base year varies by country), annual growth rate 227.09 % change on previous year (2025)
Frequently asked questions
- What is inflation, gdp deflator in Venezuela, Bolivarian Republic of?
- Inflation, gdp deflator in Venezuela, Bolivarian Republic of was 227.1% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 225,652.0% in 2018.
- What is the lowest inflation, gdp deflator recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -0.9% in 1986.
- How does Venezuela, Bolivarian Republic of rank for inflation, gdp deflator?
- Venezuela, Bolivarian Republic of ranks 1st out of 212 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 68.3%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.