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Venezuela GDP

Venezuela has the 196th largest economy in the world . The gross domestic product (GDP) of Venezuela is $371.34 (USD Billion) and its growth was -5.70% from 2012 to 2013. Its highest GDP was recorded in 2010 and its average GDP in the last 10 years is $315.22 (USD Billion).

Venezuela GDP per capita is $12,265.03 (USD). However, when factoring in purchase power parity (PPP), it becomes $18,309.15 (USD), making it the 194th richest country in the world. The average GDP adjusted to PPP per capita in the last 10 years was $16,802.48 (USD).

GDP Of Venezuela Per Year

Venezuela's GDP & Other Economic Statistics

Venezuela GDP Current Previous Highest Unit
GDP per capita growth -6.96 -5.20 8.05 %
GDP growth -5.70 -3.89 9.87 %
GNI per capita, PPP 17,730.00 17,550.00 17,730.00 International $
GNI, PPP 536.73 524.03 536.73 International $ Billion
GNI 359.55 371.24 387.50 USD Billion
Gross domestic savings 83.63 108.80 129.54 USD Billion
GDP per capita, PPP 18,309.15 18,027.89 18,309.15 International $
GDP per capita 12,265.03 12,771.59 13,581.35 USD
GDP 371.34 381.29 393.80 USD Billion
Industry, value added 176.01 172.19 190.63 USD Billion
Manufacturing, value added 47.44 48.24 50.89 USD Billion
Agriculture, value added 19.07 19.13 21.17 USD Billion
Gross fixed capital formation 82.51 77.44 82.51 USD Billion
Services, etc., value added 153.71 151.25 153.71 USD Billion
Source: www.worldatlas.com | World Bank

What is Gross Domestic Product (GDP)?

Gross Domestic Product (GDP) is a measure of market value of all final goods and service produced in a yearly period. This page provides the GDP of Venezuela – current values and historical information. The information was last updated 2016.

GDP Of Venezuela vs. Other Countries

Rank Country GDP (USD Billion), 2013
191 Iran 511.62
192 Austria 428.70
193 Thailand 419.89
194 The United Arab Emirates 387.19
195 Colombia 380.19
196 Venezuela 371.34
197 South Africa 366.06
198 Denmark 338.93
199 Malaysia 323.34
200 Singapore 300.29
201 Israel 292.41
The GDP of Venezuela is tabulated by govermental institutions and was last updated on May 9th, 2017.