Gross Domestic Product of Venezuela grew 4.2% in 2011 compared to last year. This rate is 57 -tenths of one percent higher than the figure of -1.5% published in 2010.
The GDP figure in 2011 was €227,405$316,482 million, Venezuela is number 35 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Venezuela dropped €12,481$1,799 million with respect to 2010.
The GDP per capita of Venezuela in 2011 was €7,816$10,877, €594$281 less than in 2010, when it was €8,410$11,158. 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 2001 when the GDP per capita in Venezuela was €5,542$4,964.
If we order the countries according to their GDP per capita, Venezuela is in 66th position of the 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.