The Gross Domestic Product (GDP) in Venezuela was worth 111.81 billion US dollars in 2021, according to official data from the World Bank. The GDP value of Venezuela represents 0.05 percent of the world economy. source: World Bank

GDP in Venezuela averaged 107.51 USD Billion from 1960 until 2021, reaching an all time high of 393.19 USD Billion in 2010 and a record low of 7.78 USD Billion in 1960. This page provides - Venezuela GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela GDP - values, historical data and charts - was last updated on March of 2023.

GDP in Venezuela is expected to reach 200.00 USD Billion by the end of 2023, according to Trading Economics global macro models and analysts expectations.

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Venezuela GDP



Related Last Previous Unit Reference
GDP 111.81 106.36 USD Billion Dec 2021
GDP per Capita 14025.36 14721.86 USD Dec 2014
GDP per Capita PPP 17131.39 17982.13 USD Dec 2014

Venezuela GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Actual Previous Highest Lowest Dates Unit Frequency
111.81 106.36 393.19 7.78 1960 - 2021 USD Billion Yearly
Current USD
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