Venezuela Economic Growth 1960-2024
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
- Venezuela economic growth for 2014 was $482.36B, a 30.01% increase from 2013.
- Venezuela economic growth for 2013 was $371.01B, a 2.7% decline from 2012.
- Venezuela economic growth for 2012 was $381.29B, a 20.48% increase from 2011.
- Venezuela economic growth for 2011 was $316.48B, a 19.51% decline from 2010.
| Venezuela Economic Growth - Historical Data |
| Year |
GDP |
Per Capita |
Growth Rate |
| 2014 |
$482.36B |
$15,976 |
-3.89% |
| 2013 |
$371.01B |
$12,434 |
1.34% |
| 2012 |
$381.29B |
$12,938 |
5.63% |
| 2011 |
$316.48B |
$10,877 |
4.18% |
| 2010 |
$393.19B |
$13,693 |
-1.49% |
| 2009 |
$329.79B |
$11,642 |
-3.20% |
| 2008 |
$315.95B |
$11,311 |
5.28% |
| 2007 |
$230.36B |
$8,369 |
8.75% |
| 2006 |
$183.48B |
$6,770 |
9.87% |
| 2005 |
$145.51B |
$5,456 |
10.32% |
| 2004 |
$112.45B |
$4,288 |
18.29% |
| 2003 |
$83.62B |
$3,243 |
-7.76% |
| 2002 |
$92.89B |
$3,667 |
-8.86% |
| 2001 |
$122.91B |
$4,940 |
3.39% |
| 2000 |
$117.15B |
$4,796 |
3.69% |
| 1999 |
$97.97B |
$4,088 |
-5.97% |
| 1998 |
$91.34B |
$3,886 |
0.29% |
| 1997 |
$85.84B |
$3,726 |
6.37% |
| 1996 |
$70.54B |
$3,125 |
-0.20% |
| 1995 |
$77.39B |
$3,501 |
3.95% |
| 1994 |
$58.42B |
$2,699 |
-2.35% |
| 1993 |
$60.04B |
$2,836 |
0.28% |
| 1992 |
$60.42B |
$2,919 |
6.06% |
| 1991 |
$53.45B |
$2,643 |
9.73% |
| 1990 |
$48.61B |
$2,461 |
6.47% |
| 1989 |
$43.54B |
$2,259 |
-8.57% |
| 1988 |
$60.23B |
$3,203 |
5.82% |
| 1987 |
$48.03B |
$2,620 |
3.58% |
| 1986 |
$60.52B |
$3,388 |
6.51% |
| 1985 |
$61.97B |
$3,561 |
0.19% |
| 1984 |
$59.87B |
$3,531 |
1.44% |
| 1983 |
$67.56B |
$4,092 |
-3.76% |
| 1982 |
$67.74B |
$4,215 |
-2.07% |
| 1981 |
$66.33B |
$4,241 |
-0.36% |
| 1980 |
$59.12B |
$3,887 |
-4.42% |
| 1979 |
$48.31B |
$3,267 |
0.76% |
| 1978 |
$39.32B |
$2,735 |
2.35% |
| 1977 |
$36.21B |
$2,593 |
6.27% |
| 1976 |
$31.42B |
$2,316 |
7.73% |
| 1975 |
$27.46B |
$2,084 |
2.90% |
| 1974 |
$26.10B |
$2,040 |
2.07% |
| 1973 |
$17.04B |
$1,371 |
7.11% |
| 1972 |
$13.98B |
$1,159 |
1.28% |
| 1971 |
$12.99B |
$1,109 |
1.48% |
| 1970 |
$11.56B |
$1,018 |
7.71% |
| 1969 |
$10.29B |
$934 |
0.71% |
| 1968 |
$10.03B |
$940 |
7.34% |
| 1967 |
$9.25B |
$895 |
2.83% |
| 1966 |
$8.78B |
$877 |
1.51% |
| 1965 |
$8.43B |
$870 |
4.16% |
| 1964 |
$8.19B |
$874 |
11.13% |
| 1963 |
$9.61B |
$1,061 |
3.90% |
| 1962 |
$8.81B |
$1,007 |
8.53% |
| 1961 |
$8.07B |
$954 |
3.19% |
| 1960 |
$7.66B |
$940 |
% |
