Gross Domestic Product of Venezuela fell -3.9% in 2014 compared to last year. This rate is 52 -tenths of one percent less than the previous year, when changed 1.3%.
The GDP figure in 2014 was €161,696$214,869 million, Venezuela is number 50 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Venezuela dropped €33,303$44,117 million with respect to 2013.
The GDP per capita of Venezuela in 2014 was €5,355$7,116, €1,180$1,564 less than in 2013, when it was €6,535$8,680. 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 2004 when the GDP per capita in Venezuela was €3,468$4,312.
If we order the countries according to their GDP per capita, Venezuela is in 90th 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.