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Venezuela GDP Growth
5.3%as of 2024
Venezuela's gdp growth stands at 5.3% as of 2024. The indicator has increased from null% in 2014 to 5.3% in 2024. Source: World Bank WDI.
Historical trend (2014–2024)
GDP Growth — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | % | — |
| 2015 | -6.2% | — |
| 2016 | -17% | -10.8pp |
| 2017 | -15.7% | +1.3pp |
| 2018 | -19.7% | -4.0pp |
| 2019 | -27.7% | -8.0pp |
| 2020 | -30% | -2.3pp |
| 2021 | 1% | +31.0pp |
| 2022 | 8% | +7.0pp |
| 2023 | 4% | -4.0pp |
| 2024 | 5.3% | +1.3pp |
Source: World Bank WDI. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.