Os dados de PIB nominal da Venezuela foram registrados em 20,139.5 USD bn em 2017. Este é um registro de um aumento com relação aos números anteriores de 3,035.9 USD bn em 2016. Os dados de PIB nominal da Venezuela são atualizados anualmente, com uma média de 0.0 USD mn em 1995 até 2017, com 23 observações. Os dados de PIB nominal da Venezuela permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Nominal GDP: USD: Annual.

Os dados de Crescimento Nominal do PIB da Venezuela foram registrados em 615.154 % em 2017. Este é um registro de um aumento com relação aos números anteriores de 249.514 % em 2016. Os dados de Crescimento Nominal do PIB da Venezuela são atualizados anualmente, com uma média de 25.554 % em 1998 até 2017, com 20 observações. Os dados alcançaram um alto recorde de 615.154 % em 2017 e um baixo recorde de 4.379 % em 2009. Os dados de Crescimento Nominal do PIB da Venezuela permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Annual.

Gross domestic product (GDP) of Venezuela fell to 43.79 billion U.S. dollars in 2020, down from a 2012 peak of 372.59 U.S. dollars. Venezuela’s economic capacity Venezuela is famously the country with the largest oil reserves. However, mismanagement of the economy has led to several economic problems. Most notably, inflation has gotten out of control and has turned into hyperinflation. This represents a complete breakdown in people’s faith in the currency and, to a similar extent, the entire financial system. The Maduro Diet President Nicolás Maduro has largely been blamed for the economic situation in Venezuela. Many people have lost weight due to food shortages, which critics refer to as the “Maduro Diet”. In early 2019, opposition leader Juan Guaido declared the Maduro administration illegitimate, plunging the country into a constitutional crisis that divided the diplomatic world. Regardless of the outcome, Venezuela will still have to deal with high inflation, growing national debt, and challenges in infrastructure.

Datos mensuales y a largo plazo para Venezuela Crecimiento económico (PIB nominal, var. anual): series históricas y pronósticos de analistas seleccionados por FocusEconomics.

Os dados de Dívida privada:% do PIB nominal da Venezuela foram registrados em 39.51 % em 2014. Este é um registro de um aumento com relação aos números anteriores de 29.76 % em 2013. Os dados de Dívida privada:% do PIB nominal da Venezuela são atualizados anualmente, com uma média de 16.98 % em 1960 até 2014, com 55 observações. Os dados alcançaram um alto recorde de 39.51 % em 2014 e um baixo recorde de 8.13 % em 1996. Os dados de Dívida privada:% do PIB nominal da Venezuela permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Private Debt: % of Nominal GDP: Annual.

Key information about Venezuela Nominal GDP Growth

• Venezuela Nominal GDP Growth was reported at 615.154 % in Dec 2017.
• This records an increase from the previous number of 249.514 % for Dec 2016.
• Venezuela Nominal GDP Growth data is updated yearly, averaging 33.863 % from Dec 1998 to 2017, with 20 observations.
• The data reached an all-time high of 615.154 % in 2017 and a record low of 4.379 % in 2009.
• Venezuela Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Annual.

CEIC calculates annual Nominal GDP Growth from annual Nominal GDP. The Central Bank of Venezuela provides Nominal GDP in local currency.

Key information about Venezuela GDP Per Capita

• Venezuela Gross Domestic Product (GDP) per Capita reached 640,750.491 USD in Dec 2017, compared with 97,841.180 USD in Dec 2016.
• Venezuela GDP Per Capita data is updated yearly, available from Dec 1960 to Dec 2017, with an average number of 3,191.476 USD.
• The data reached an all-time high of 640,750.491 USD in Dec 2017 and a record low of 869.041 in Dec 1965.
• CEIC calculates GDP per Capita from annual Nominal GDP and annual Population and converts it into USD. The Central Bank of Venezuela provides Nominal GDP in local currency. The National Institute of Statistics provides Mid-Year Population. Federal Reserve Board average market exchange rate is used for currency conversions. GDP per Capita prior to 1997 is sourced from the World Bank.

Related information about Venezuela GDP Per Capita data

• In the latest reports, Venezuela GDP contracted 26.791 % YoY in Mar 2019.
• Venezuela Nominal GDP reached 20,139.534 USD bn in Dec 2017.
• Its GDP deflator (implicit price deflator) increased 748.056 % in Dec 2017.
• Gross Savings Rate of Venezuela was measured at -17.807 % in Dec 2017.

Monthly and long-term Venezuela GDP data: historical series and analyst forecasts curated by FocusEconomics.

Venezuela VE: GDP: GNI per Capita data was reported at 97,505.073 VEF in 2014. This records an increase from the previous number of 71,731.969 VEF for 2013. Venezuela VE: GDP: GNI per Capita data is updated yearly, averaging 34.386 VEF from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 97,505.073 VEF in 2014 and a record low of 3.301 VEF in 1961. Venezuela VE: GDP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Nominal. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Key information about Venezuela Total Trade of Goods and Services: % of Nominal GDP

• Venezuela Total Trade of Goods & Services: % of Nominal GDP recorded 67.150 % in Dec 2017, compared with 59.408 % in the previous year.
• Venezuela Total Trade of Goods & Services: % of Nominal GDP data is updated yearly, available from Dec 1950 to Dec 2017, with an averaged value of 40.127 %.
• The data reached an all-time high of 99.739 % in Dec 2015 and a record low of 38.521 % in Dec 2009.

CEIC calculates annual Total Trade of Goods and Services as % of Nominal GDP from annual Total Trade of Goods and Services and annual Nominal GDP. The Central Bank of Venezuela provides Total Trade of Goods and Services in local currency and Nominal GDP in local currency, both based on SNA 1993. Total Trade of Goods and Services as % of Nominal GDP prior to 1997 is calculated from Nominal GDP and Total Trade of Goods and Services both sourced from the International Monetary Fund.

Os dados de Dívida do Governo:% do PIB da Venezuela foram registrados em 3.5 % em 2016. Este registro de uma queda com relação aos números anteriores de 9.5 % em 2015. Os dados de Dívida do Governo:% do PIB da Venezuela são atualizados anualmente, com uma média de 24.0 % em 1997 até 2016, com 20 observações. Os dados alcançaram um alto recorde de 47.4 % em 2003 e um baixo recorde de 3.5 % em 2016. Os dados de Dívida do Governo:% do PIB da Venezuela permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Government Debt: % of Nominal GDP: Annual.

Os dados de Investimento:% do PIB da Venezuela foram registrados em -3.7 % em 2017. Este registro de uma queda com relação aos números anteriores de 0.1 % em 2016. Os dados de Investimento:% do PIB da Venezuela são atualizados anualmente, com uma média de 11.8 % em 1950 até 2017, com 68 observações. Os dados alcançaram um alto recorde de 42.8 % em 1978 e um baixo recorde de -3.7 % em 2017. Os dados de Investimento:% do PIB da Venezuela permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Investment: % of Nominal GDP: Annual.

Key information about Venezuela Real GDP Growth

• The Gross Domestic Product (GDP) in Venezuela contracted 26.8 % YoY in Mar 2019, following a negative growth of 20.2 % in the previous quarter.
• Real GDP Growth YoY data in Venezuela is updated quarterly, available from Mar 1998 to Mar 2019, with an average rate of 4.4 %.
• The data reached an all-time high of 36.1 % in Mar 2004 and a record low of -26.8 % in Mar 2019.

CEIC calculates Real GDP Growth from quarterly Real GDP. The Central Bank of Venezuela provides Real GDP in local currency, at 1997 prices.


Related information about Venezuela Real GDP Growth

• In the latest reports, Nominal GDP of Venezuela reached 20,139.5 USD bn in Dec 2017.
• Its GDP deflator (implicit price deflator) increased 748.1 % in Dec 2017.
• GDP Per Capita in Venezuela reached 640,750.5 USD in Dec 2017.
• Its Gross Savings Rate was measured at -17.8 % in Dec 2017.
• For Nominal GDP contributions, Investment accounted for -3.7 % in Dec 2017.
• Public Consumption accounted for 9.0 % in Dec 2017.
• Private Consumption accounted for 100.5 % in Dec 2017.

In 2025, Brazil and Mexico were expected to be the countries with the largest gross domestic product (GDP) in Latin America and the Caribbean. In that year, Brazil's GDP could reach an estimated value of 2.3 trillion U.S. dollars, whereas Mexico's amounted to almost 1.8 trillion U.S. dollars. GDP is the total value of all goods and services produced in a country in a given year. It measures the economic strength of a country and a positive change indicates economic growth.

Os dados de Consumo público:% do PIB da Venezuela foram registrados em 9.0 % em 2017. Este registro de uma queda com relação aos números anteriores de 9.3 % em 2016. Os dados de Consumo público:% do PIB da Venezuela são atualizados anualmente, com uma média de 14.2 % em 1950 até 2017, com 68 observações. Os dados alcançaram um alto recorde de 15.0 % em 1981 e um baixo recorde de 5.0 % em 1996. Os dados de Consumo público:% do PIB da Venezuela permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Government Consumption: % of Nominal GDP: Annual.

Pertumbuhan PDB Nominal Venezuela dilaporkan sebesar 615.154 % pada 2017. Rekor ini naik dibanding sebelumnya yaitu 249.514 % untuk 2016. Data Pertumbuhan PDB Nominal Venezuela diperbarui tahunan, dengan rata-rata 25.554 % dari 1998 sampai 2017, dengan 20 observasi. Data ini mencapai angka tertinggi sebesar 615.154 % pada 2017 dan rekor terendah sebesar 4.379 % pada 2009. Data Pertumbuhan PDB Nominal Venezuela tetap berstatus aktif di CEIC dan dilaporkan oleh CEIC Data. Data dikategorikan dalam Global Economic Monitor World Trend Plus – Table: Nominal GDP: Y-o-Y Growth: Annual.

Os dados de Consumo privado:% do PIB da Venezuela foram registrados em 100.5 % em 2017. Este é um registro de um aumento com relação aos números anteriores de 85.8 % em 2016. Os dados de Consumo privado:% do PIB da Venezuela são atualizados anualmente, com uma média de 23.0 % em 1950 até 2017, com 68 observações. Os dados alcançaram um alto recorde de 32.7 % em 2014 e um baixo recorde de 18.2 % em 2018. Os dados de Consumo privado:% do PIB da Venezuela permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Private Consumption: % of Nominal GDP: Annual.

Key information about Venezuela Private Consumption: % of GDP

• Venezuela Private Consumption accounted for 100.5 % of its Nominal GDP in Dec 2017, compared with a ratio of 85.8 % in the previous year.
• Venezuela Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1950 to Dec 2017, with an average share of 23.0 %.
• The data reached an all-time high of 32.7 % in Dec 2014 and a record low of 18.2 % in Dec 2018.

CEIC calculates Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. The Central Bank of Venezuela provides Private Consumption Expenditure in local currency and Nominal GDP in local currency. Private Consumption as % of Nominal GDP prior to 1997 is sourced from the International Monetary Fund.


Related information about Venezuela Private Consumption: % of GDP

• In the latest reports, Venezuela GDP contracted 26.8 % YoY in Mar 2019.
• Its Nominal GDP reached 20,139.5 USD bn in Dec 2017.
• Venezuela GDP Per Capita reached 640,750.5 USD in Dec 2017.
• Its Gross Savings Rate was measured at -17.8 % in Dec 2017.

Os dados de Saldo da Conta Corrente:% do PIB da Venezuela foram registrados em 0.0 % em 2017. Este é um registro de um aumento com relação aos números anteriores de -0.1 % em 2016. Os dados de Saldo da Conta Corrente:% do PIB da Venezuela são atualizados anualmente, com uma média de 2.5 % em 1970 até 2017, com 48 observações. Os dados alcançaram um alto recorde de 22.1 % em 1974 e um baixo recorde de -14.6 % em 1978. Os dados de Saldo da Conta Corrente:% do PIB da Venezuela permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: Current Account Balance: % of Nominal GDP: Annual.

Key information about Venezuela GDP Deflator Growth

• Venezuela GDP deflator (implicit price deflator) increased 748.1 % in Dec 2017, compared with an increase of 321.3 % in the previous year.
• Venezuela GDP Deflator Growth data is updated yearly, available from Dec 1998 to Dec 2017, with an average rate of 15.4 %.
• The data reached an all-time high of 748.1 % in Dec 2017 and a record low of 7.8 % in Dec 2009.

CEIC calculates GDP Deflator Growth from annual Nominal and Real GDP. The Central Bank of Venezuela provides Nominal GDP in local currency and Real GDP in local currency, at 1997 prices.


Related information about Venezuela GDP Deflator Growth

• In the latest reports, Venezuela GDP contracted 26.8 % YoY in Mar 2019.
• Its Nominal GDP reached 20,139.5 USD bn in Dec 2017.
• Venezuela GDP Per Capita reached 640,750.5 USD in Dec 2017.
• Its Gross Savings Rate was measured at -17.8 % in Dec 2017.