Venezuela GDP 1960-2025

Venezuela GDP for 2014 was 482.36 billion US dollars, a 30.01% increase from 2013.
  • Venezuela GDP for 2013 was 371.01 billion US dollars, a 2.7% decline from 2012.
  • Venezuela GDP for 2012 was 381.29 billion US dollars, a 20.48% increase from 2011.
  • Venezuela GDP for 2011 was 316.48 billion US dollars, a 19.51% decline from 2010.
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.