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Venezuela

Economy overviewSouth America

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GDP1.6%
Inflation254.9%
Unemploy.5.3%
Debt308.7%
Invest.5.9%
Fiscal-5.8% GDP
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GDP Growth
1.6%
2025 · World Bank WDI
GDP per capita
Output per person at market prices (current USD)
$3k
▶ CHART
GDP (PPP) per capita
Output per person adjusted for local purchasing power
GDP 5Y avg growth
Average real GDP growth rate over the last 5 years
4%
▶ CHART
Nominal GDP
Total economic output in current US dollars (billions)
$99.7bn
▶ CHART
GDP Growth — 10-year trend
Historical data
2025
1.6%
2024
5.5%
2023
4%
2022
8.1%
2021
0.6%
2020
-29.8%
2019
-27.6%
2018
-19.6%
2017
-15.7%
2016
-17.1%
2015
-6.2%
2014
-3.9%

Compare with peers

🇧🇷
Brazil
GDP: 2.3%
🇦🇷
Argentina
GDP: 4.4%
🇨🇱
Chile
GDP: 2.5%
🇨🇴
Colombia
GDP: 2.6%
🇵🇪
Peru
GDP: 3.4%
🇪🇨
Ecuador
GDP: 3.7%