Venezuela Venezuela

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Venezuela, is a country located at South America, it has an area of 912,050 Km2.

Venezuela, with a population of 28,435,943 people, it is ranked at 50º position by population of 196 countries and it has a moderate population density, 31 people per km2.

It's capital is Caracas and its currency is Venezuelan bolivar fuerte

Venezuela is holding the 66 position by nominal GDP. Its national debt in 2017 was 33,162 millions of euros (37,463 millions of dollars), ( 26% debt-to-GDP ratio) and its public debt per capita is €1,128 euros per inhabitant$1,274 dollars per inhabitant.

The last annual rate of CPI published in Venezuela was on December of 2021 and it was 686.4%.

In terms of the human development index (HDI) of Venezuela, which is the index used by the United Nations to measure the progress of a country, was 0.711 points in 2019, leaving it in 113th place in the table of 189 countries published.

If the reason to visit Venezuela are business, you must know it's in the 188th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Venezuela, if you want to see information about other countries click here

Caracas: Monthly Temp.
Caracas: Monthly Rainfall
Venezuela Economy
Gouvernement
Annual GDP [+]2018€83,319M
Annual GDP [+]2018$98,400M
GDP per capita [+]2018€2,884
GDP per capita [+]2018$3,406
Debt (M.€.) [+]201733,162
Debt ($M) [+]201737,463
Debt (%GDP) [+]201726.00%
Debt Per Capita [+]2017€1,128
Debt Per Capita [+]2017$1,274
Deficit (M.€) [+]2017-29,350
Deficit ($M) [+]2017-33,157
Deficit (%GDP) [+]2017-22.99%
Expenditure (M.€) [+]201748,091.4
Expenditure ($M) [+]201754,328.9
Education Expenditure (M.€) [+]20171,711.4
Education Expenditure ($M) [+]20171,933.3
Education Expenditure (%Bud.) [+]201723.87%
Gov. Health Exp. (M.€) [+]2017239.7
Gov. Health Exp.($M) [+]2017270.8
Gov. Health Exp. (%Bud.) [+]20171.37%
Defence Expenditure (M.€) [+]20172,843.6
Defence Expenditure ($M) [+]20173,212.4
Defence Expenditure (%Bud.) [+]20171.54%
Expenditure (%GDP) [+]201737.70%
Expenditure Per Capita [+]2017€1,636
Expenditure Per Capita [+]2017$1,848
Education Expenditure P.C [+]2017€58
Education Expenditure P.C [+]2017$66
Gov. Health Exp. P.C. [+]2017€13
Gov. Health Exp. P.C. [+]2017$15
Defence Expenditure P.C. [+]2017€97
Defence Expenditure P.C. [+]2017$109
Moody's Rating [+]03/09/2018C
S&P Rating [+]12/13/2013B-
Fitch Rating [+]06/27/2019WD
Corruption Index [+]202015
Competitiveness Ranking [+]2019133º
Fragile States Index [+]201886.2
Innovation Ranking [+]2016120º
Labour
Unemployment Rate [+]December 20186.4%
Unemployment rate [+]2016Q17.5%
Unemployed [+]2016Q11,062K
Human Capital Ranking [+]201794º
Markets
Euro / Venezuelan bolivar fuerte [+]01/07/20225.2366
US Dollar exchange rate [+]01/14/20224.6243
Stock ExchangeYTD % [+]01/20/2022-3.56%
Prices
CPI (overall index) [+]December 2021686.4%
Money Market
Key rates [+]12/01/202152.96%
Business
Doing Business [+]2019188º
Passengers vehicles Year [+]December 20193,000
Annual Vehicles/ 1,000 p. [+]December 20190.16
Vehicles / 1,000 people [+]2015149.92
Taxes
Tax Revenue (%GDP) [+]201614.4%
Standard VAT [+]01/01/202016.00%
Top tax rate + SSC [+]202034.0%
Trade
Annual arrivals [+]2017427,000
Exports [+]2020€4,395.0M
Exports [+]2020$5,020.0M
Exports % GDP [+]201835.00%
Imports [+]2020€5,734.6M
Imports [+]2020$6,550.0M
Imports % GDP [+]201811.90%
Trade balance [+]2020€-1,339.5M
Trade balance [+]2020$-1,530.0M
Trade balance % GDP [+]201823.10%
Socio-Demography
Global AgeWatch Ranking [+]201576º
Density [+]202031
Global Peace Ranking [+]2021152º
Remittance received ($M) [+]2017293.3
% Immigrant [+]20194.82%
% Emigrant [+]20198.84%
Birth Rate [+]201917.57‰
Remittance sent ($M) [+]20172,922.1
Crude death rate [+]20197.12‰
Fertility Rate [+]20192.25
Crude marriage rate [+]20113.57‰
% risk of poverty [+]201533.1%
Population [+]202028,435,943
Immigrant stock [+]20191,375,690
Emigrant stock [+]20192,519,780
HDI [+]20190.711
Gender Gap Ranking [+]202067º
Life expectancy [+]201972.06
Suicides [+]2015924
Suicide rate [+]20153.07
Number of homicides [+]201810,598
Rate Homicides per 100.000 [+]201836.69
Energy and Environment
CO2 Tons per capita [+]20202.68
Annual crude oil production [+]2020527
Crude Oil Reserves [+]2021303,806.0
Consumption GWh [+]201978,082
Generation GWh [+]2019105,404
Others
COVID-19 - Deaths [+]01/20/20225,395
COVID-19 - Confirmed [+]01/20/2022463,145
Fully vaccinated [+]12/17/202111,608,305
COVID-19 - Deaths per million population [+]01/20/2022189.72
Doses administered [+]12/17/202130,049,714