Gross Domestic Product of Venezuela fell -15.7% in 2017 compared to last year. This rate is 13 -tenths of one percent higher than the figure of -17% published in 2016,}.
The GDP figure in 2017 was €102,616$115,883 million, Venezuela is number 61 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Venezuela rose €579$2,968 million with respect to 2016.
The GDP per capita of Venezuela in 2017 was €3,357$3,792, €38$119 higher than in 2016, it was €3,319$3,673. 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 2007 when the GDP per capita in Venezuela was €6,229$8,538.
If we order the countries according to their GDP per capita, Venezuela is in 122th 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.