Venezuela Venezuela GDP - Gross Domestic Product

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GDP Venezuela 2018

Venezuelans GDP shrinks compared to previous year

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 134th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Venezuela. You can see GDP in other countries in GDP and see all the economic information about Venezuela in Venezuela's economy.

Evolution: Annual GDP Venezuela
DateAnnual GDPAnnual GDPGDP Growth (%)
201883,319M.€98,400M.$-19.6%
2017127,327M.€143,841M.$-15.7%
2016252,280M.€279,249M.$-17.0%
2015291,658M.€323,595M.$-6.2%
2014153,423M.€203,822M.$-3.9%
2013195,010M.€258,993M.$1.3%
2012274,121M.€352,191M.$5.6%
2011253,261M.€352,540M.$4.2%
2010240,085M.€318,281M.$-1.5%
2009192,590M.€268,624M.$-3.2%
2008208,569M.€306,764M.$5.3%
2007169,907M.€232,857M.$8.8%
2006142,180M.€178,521M.$9.9%
2005115,244M.€143,375M.$10.3%
200490,244M.€112,254M.$18.3%
200373,978M.€83,684M.$-7.8%
2002100,738M.€95,258M.$-8.9%
2001137,471M.€123,119M.$3.4%
2000127,324M.€117,596M.$3.7%
199991,497M.€97,517M.$-6.0%
199891,836M.$0.3%
199785,684M.$6.4%
199670,536M.$-0.2%
199577,427M.$4.0%
199458,357M.$-2.3%
199359,865M.$0.3%
199260,400M.$6.1%
199153,382M.$9.7%
199048,391M.$6.5%
198944,672M.$-13.9%
198860,378M.$6.5%
198746,854M.$4.8%
198660,877M.$6.1%
198559,865M.$0.9%
198457,826M.$5.2%
198379,672M.$-9.9%
198279,998M.$2.6%
198178,367M.$-1.3%
198069,841M.$-4.9%
197948,311M.$1.3%
197839,316M.$2.1%
197736,211M.$6.7%
197631,420M.$8.8%
197527,465M.$6.1%
197426,101M.$6.1%
197317,036M.$6.3%
197213,978M.$3.3%
197112,987M.$3.1%
197011,561M.$
196910,285M.$
196810,034M.$
19679,250M.$
19668,781M.$
19658,428M.$
19648,099M.$
19639,753M.$
19628,947M.$
19618,189M.$
19607,779M.$
Evolution: GDP per capita Venezuela
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
20182,886€3,408$-33.4%-30.4%
20174,332€4,894$-48.8%-47.7%
20168,453€9,356$-12.8%-13.0%
20159,696€10,757$89.9%58.6%
20145,106€6,784$-22.0%-22.0%
20136,548€8,696$-29.9%-27.5%
20129,336€11,995$6.5%-1.7%
20118,767€12,204$4.2%9.4%
20108,417€11,158$22.8%16.8%
20096,852€9,558$-9.0%-13.7%
20087,533€11,079$20.9%29.8%
20076,230€8,538$17.7%28.5%
20065,294€6,647$21.5%22.6%
20054,358€5,422$25.7%25.7%
20043,467€4,312$20.1%32.0%
20032,887€3,266$-27.7%-13.6%
20023,996€3,778$-27.9%-23.9%
20015,543€4,964$6.2%3.0%
20005,219€4,821$34.6%16.6%
19993,878€4,133$4.1%
19983,970$5.1%
19973,779$19.0%
19963,175$-10.8%
19953,560$29.8%
19942,742$-4.7%
19932,876$-3.1%
19922,969$10.6%
19912,685$7.7%
19902,493$4.8%
19892,378$-27.8%
19883,293$25.7%
19872,619$-24.9%
19863,489$0.5%
19853,472$0.7%
19843,447$-29.4%
19834,883$-3.1%
19825,042$-0.9%
19815,086$8.9%
19804,671$42.8%
19793,271$19.5%
19782,737$5.6%
19772,593$12.0%
19762,315$11.2%
19752,082$2.3%
19742,036$48.9%
19731,368$18.4%
19721,155$4.5%
19711,106$9.0%
19701,014$9.0%
1969931$-0.7%
1968938$5.0%
1967893$1.9%
1966876$0.8%
1965870$0.6%
1964864$-19.8%
19631,077$5.3%
19621,023$5.5%
1961970$1.6%
1960955$
Evolution: GDP growth rate at constant prices Venezuela
Evolution: GDP per capita Venezuela
GDP Venezuela