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 28,199,867 people, it is ranked at 51º 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 71 position by nominal GDP. Its national debt in 2017 was 26,663 millions of euros (30,110 millions of dollars), ( 133.61% debt-to-GDP ratio) and its public debt per capita is €872 euros per inhabitant$985 dollars per inhabitant.

The last annual rate of CPI published in Venezuela was on March of 2024 and it was 67.8%.

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 0.691 points in 2021, leaving it in 120th place in the table of 191 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€86,403M
Annual GDP [+]2018$102,084M
GDP per capita [+]2018€2,897
GDP per capita [+]2018$3,423
Debt (M.€.) [+]201726,663
Debt ($M) [+]201730,110
Debt (%GDP) [+]2017133.61%
Debt Per Capita [+]2017€872
Debt Per Capita [+]2017$985
Deficit (M.€) [+]2017-23,598
Deficit ($M) [+]2017-26,649
Deficit (%GDP) [+]2017-13.27%
Expenditure (M.€) [+]201738,666.4
Expenditure ($M) [+]201743,665.2
Education Expenditure (M.€) [+]20171,379.2
Education Expenditure ($M) [+]20171,557.6
Education Expenditure (%Bud.) [+]201723.87%
Gov. Health Exp. (M.€) [+]2017193.2
Gov. Health Exp.($M) [+]2017218.2
Gov. Health Exp. (%Bud.) [+]20171.37%
Defence Expenditure (M.€) [+]2018130.3
Defence Expenditure ($M) [+]2018154.0
Defence Expenditure (%Bud.) [+]20171.54%
Expenditure (%GDP) [+]201721.77%
Expenditure Per Capita [+]2017€1,265
Expenditure Per Capita [+]2017$1,429
Education Expenditure P.C [+]2017€45
Education Expenditure P.C [+]2017$51
Gov. Health Exp. P.C. [+]2017€13
Gov. Health Exp. P.C. [+]2017$15
Defence Expenditure P.C. [+]2018€4
Defence Expenditure P.C. [+]2018$5
Moody's Rating [+]03/09/2018C
S&P Rating [+]12/13/2013B-
Fitch Rating [+]06/27/2019WD
Corruption Index [+]202214
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 [+]04/12/202438.5312
US Dollar exchange rate [+]04/12/202436.1897
Stock ExchangeYTD % [+]04/18/2024207.97%
Prices
CPI (overall index) [+]March 202467.8%
Money Market
Key rates [+]03/01/202458.98%
Business
Doing Business [+]2020188º
Passengers vehicles Year [+]December 20193,000
Annual Vehicles/ 1,000 p. [+]December 20190.16
Vehicles / 1,000 people [+]2020148.63
Taxes
Tax Revenue (%GDP) [+]201614.4%
Standard VAT [+]01/01/202016.00%
Top tax rate + SSC [+]202034.0%
Trade
Annual arrivals [+]2017427,000
Exports [+]2021€3,005.8M
Exports [+]2021$3,555.0M
Exports % GDP [+]201833.75%
Imports [+]2021€6,590.9M
Imports [+]2021$7,795.0M
Imports % GDP [+]201811.48%
Trade balance [+]2021€-3,585.0M
Trade balance [+]2021$-4,240.0M
Trade balance % GDP [+]201822.28%
Socio-Demography
Global AgeWatch Ranking [+]201576º
Density [+]202131
Global Peace Ranking [+]2023140º
Remittance received ($M) [+]2017293.3
% Immigrant [+]20204.65%
% Emigrant [+]202019.01%
Birth Rate [+]202115.88‰
Remittance sent ($M) [+]20172,922.1
Crude death rate [+]20218.12‰
Fertility Rate [+]20212.21
Crude marriage rate [+]20113.54‰
% risk of poverty [+]201533.1%
Population [+]202128,199,867
Immigrant stock [+]20201,324,193
Emigrant stock [+]20205,415,337
HDI [+]20210.691
Gender Gap Ranking [+]202191º
Life expectancy [+]202170.55
Suicides [+]2015924
Suicide rate [+]20153.03
Number of homicides [+]20215,444
Rate Homicides per 100.000 [+]202119.31
Energy and Environment
CO2 Tons per capita [+]20213.12
Annual crude oil production [+]2022704
Crude Oil Reserves [+]2021303,806.0
Consumption GWh [+]202171,048
Generation GWh [+]202194,747
Others
COVID-19 - Deaths [+]03/31/20245,856
COVID-19 - Confirmed [+]03/31/2024552,695
Fully vaccinated [+]02/03/202314,966,671
COVID-19 - Deaths per million population [+]03/31/2024207.66
Doses administered [+]12/07/202237,860,994