Gross Domestic Product of Venezuela fell -19.6% in 2018 compared to last year. This rate is 0 -tenths of one percent less than the previous year, when changed -15.7%.
The GDP figure in 2018 was €83,351$98,437 million, Venezuela is number 65 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Venezuela dropped €43,976$45,404 million with respect to 2017.
The GDP per capita of Venezuela in 2018 was €2,887$3,410, €1,445$1,484 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 €7,118$10,469.
If we order the countries according to their GDP per capita, Venezuela is in 128th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.