Gross Domestic Product of Venezuela fell -19.6% in 2018 compared to last year. This rate is 39 -tenths of one percent less than the previous year, when changed -15.7%.
The GDP figure in 2018 was €83,319$98,400 million, Venezuela is number 66 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Venezuela dropped €44,008$45,441 million with respect to 2017.
The GDP per capita of Venezuela in 2018 was €2,886$3,408, €1,446$1,486 less than in 2017, when it was €4,332$4,894. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2008 when the GDP per capita in Venezuela was €7,533$11,079.
If we order the countries according to their GDP per capita, Venezuela is in 131th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.