GDP growth in Venezuela
Venezuela: GDP growth was 1.6% in 2025. ◆ Volatile
GDP growth in Venezuela, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
Venezuela recorded 1.6% for gdp growth in 2025.
That represents a change of down 71.6% on the previous year and up 125.4% over ten years.
Over the whole period, gdp growth in Venezuela peaked at 18.2% in 2004 and was at its lowest, -29.8%, in 2020.
That places Venezuela 160th out of 214 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.8% | 0.7% | 11.1% | 9 |
| 1970s | 4.0% | 0.8% | 7.7% | 10 |
| 1980s | -0.3% | -14.0% | 6.4% | 10 |
| 1990s | 2.5% | -5.9% | 9.6% | 10 |
| 2000s | 4.0% | -8.7% | 18.2% | 10 |
| 2010s | -8.1% | -27.6% | 5.7% | 10 |
| 2020s | -1.7% | -29.8% | 8.1% | 6 |
Countries ranked near Venezuela
- 157 American Samoa 1.7% compare
- 158 Namibia 1.7% compare
- 159 Tuvalu 1.6% compare
- 161 Sweden 1.5% compare
- 162 Azerbaijan 1.4% compare
- 163 United Kingdom 1.4% compare
More economy & growth data for Venezuela
- DEC alternative conversion factor 165.46 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 996.97 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.03 billion current US$ (2025)
- Taxes less subsidies on products 0 current LCU (2011)
- Taxes less subsidies on products 0 current US$ (2011)
- Net primary income (Net income from abroad) -264.73 billion current LCU (2025)
- Net primary income (Net income from abroad) -1.60 billion current US$ (2025)
- GNI per capita 568,963 current LCU (2025)
- GNI per capita, Atlas method 3,860 current US$ (2025)
- GNI 16.23 trillion current LCU (2025)
Frequently asked questions
- What is gdp growth in Venezuela?
- Gdp growth in Venezuela was 1.6% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in Venezuela?
- The highest recorded value was 18.2% in 2004.
- What is the lowest gdp growth recorded in Venezuela?
- The lowest recorded value was -29.8% in 2020.
- How does Venezuela rank for gdp growth?
- Venezuela ranks 160th out of 214 countries with data for 2025.
- Is gdp growth rising or falling in Venezuela?
- Over the last ten years it is up 125.4%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.