Labour share of GDP (%) in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Labour share of GDP (%) was 9.8% in 2025. ◆ Volatile
Labour share of GDP in Venezuela (Bolivarian Republic of), 2004–2025
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for labour share of gdp in Venezuela (Bolivarian Republic of) is 9.8%, measured in 2025.
The figure is up 1.0% on the previous year and down 68.6% over ten years.
Over the whole period, labour share of gdp in Venezuela (Bolivarian Republic of) peaked at 48.3% in 2014 and was at its lowest, 9.6%, in 2022.
Venezuela (Bolivarian Republic of) ranks 104th of 104 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Labour share of GDP (%) in Venezuela (Bolivarian Republic of), year by year
| Year | % | Change |
|---|---|---|
| 2004 | 39.4% | — |
| 2005 | 38.0% | -3.6% |
| 2006 | 40.3% | +6.1% |
| 2007 | 41.9% | +4.0% |
| 2008 | 39.5% | -5.7% |
| 2009 | 46.0% | +16.5% |
| 2010 | 39.8% | -13.5% |
| 2011 | 39.7% | -0.3% |
| 2012 | 42.6% | +7.3% |
| 2013 | 42.4% | -0.5% |
| 2014 | 48.3% | +13.9% |
| 2015 | 31.2% | -35.4% |
| 2016 | 30.5% | -2.2% |
| 2017 | 25.4% | -16.7% |
| 2018 | 17.7% | -30.3% |
| 2019 | 10.2% | -42.4% |
| 2020 | 10.4% | +2.0% |
| 2021 | 10.1% | -2.9% |
| 2022 | 9.6% | -5.0% |
| 2023 | 9.7% | +1.0% |
| 2024 | 9.7% | +0.0% |
| 2025 | 9.8% | +1.0% |
Biggest year-on-year movements
Years where Labour share of GDP (%) in Venezuela (Bolivarian Republic of) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | -42.4% | 17.7% | 10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.9% | 38.0% | 46.0% | 6 |
| 2010s | 32.8% | 10.2% | 48.3% | 10 |
| 2020s | 9.9% | 9.6% | 10.4% | 6 |
Countries ranked near Venezuela (Bolivarian Republic of)
More economy & growth data for Venezuela (Bolivarian Republic of)
- Gross Domestic Product — Value US$, annual growth rate 27.32 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth -35.55 % change on previous year (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 71.24 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 33.82 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 62.95 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 27.34 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, annual growth 62.93 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 5.01 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 -50 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -17.94 % change on previous year (2024)
Frequently asked questions
- What is labour share of gdp in Venezuela (Bolivarian Republic of)?
- Labour share of gdp in Venezuela (Bolivarian Republic of) was 9.8% in 2025, according to United Nations Statistics Division, SDG Global Database.
- What is the highest labour share of gdp recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 48.3% in 2014.
- What is the lowest labour share of gdp recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was 9.6% in 2022.
- How does Venezuela (Bolivarian Republic of) rank for labour share of gdp?
- Venezuela (Bolivarian Republic of) ranks 104th out of 104 countries with data for 2025.
- Is labour share of gdp rising or falling in Venezuela (Bolivarian Republic of)?
- Over the last ten years it is down 68.6%. The long-run trend across the full record is volatile.
- Where does this Venezuela (Bolivarian Republic of) data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Labour share of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under UN SDG Global Database (open, attribution requested).