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
|GDP per capita growth||-6.96||-5.20||8.05||%|
|GNI per capita, PPP||17,730.00||17,550.00||17,730.00||International $|
|GNI, PPP||536.73||524.03||536.73||International $ 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|
|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|
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), 2005|