GDP (constant LCU) (UNESCO Institute) in Venezuela

Venezuela: GDP (constant LCU) (UNESCO Institute) was 59.81 billion constant LCU in 2014. ▲ Rising

Latest (2014)
59.81 billion constant LCU
Change on year
down 3.9%
World rank
146th
of 212 countries
All-time high
62.23 billion constant LCU
in 2013
All-time low
23.57 billion constant LCU
in 1970
Years of data
45
1970–2014

GDP in Venezuela, 1970–2014

020.0B40.0B60.0B1970199220141970: 23.6B constant LCU1971: 23.9B constant LCU1972: 24.2B constant LCU1973: 25.9B constant LCU1974: 26.5B constant LCU1975: 27.2B constant LCU1976: 29.4B constant LCU1977: 31.2B constant LCU1978: 31.9B constant LCU1979: 32.2B constant LCU1980: 30.7B constant LCU1981: 30.6B constant LCU1982: 30.0B constant LCU1983: 28.9B constant LCU1984: 29.3B constant LCU1985: 29.3B constant LCU1986: 31.3B constant LCU1987: 32.4B constant LCU1988: 34.3B constant LCU1989: 31.3B constant LCU1990: 33.4B constant LCU1991: 36.6B constant LCU1992: 38.8B constant LCU1993: 38.9B constant LCU1994: 38.0B constant LCU1995: 39.5B constant LCU1996: 39.4B constant LCU1997: 41.9B constant LCU1998: 42.1B constant LCU1999: 39.6B constant LCU2000: 41.0B constant LCU2001: 42.4B constant LCU2002: 38.7B constant LCU2003: 35.7B constant LCU2004: 42.2B constant LCU2005: 46.5B constant LCU2006: 51.1B constant LCU2007: 55.6B constant LCU2008: 58.5B constant LCU2009: 56.7B constant LCU2010: 55.8B constant LCU2011: 58.1B constant LCU2012: 61.4B constant LCU2013: 62.2B constant LCU2014: 59.8B constant LCU

Source: UNESCO Institute for Statistics. Measured in constant LCU.

Analysis

The most recent figure for gdp in Venezuela is 59.81 billion constant LCU, measured in 2014.

That represents a change of down 3.9% on the previous year and up 41.8% over ten years.

Over the whole period, gdp in Venezuela peaked at 62.23 billion constant LCU in 2013 and was at its lowest, 23.57 billion constant LCU, in 1970.

That places Venezuela 146th out of 212 countries with data for 2014, putting it in the middle of the range.

The long-run direction has been consistently rising across the 45 years of available data.

GDP (constant LCU) (UNESCO Institute) in Venezuela, year by year

Annual values for GDP (constant LCU) in Venezuela, 1970 to 2014.
Year constant LCU Change
1970 23.57 billion constant LCU —
1971 23.92 billion constant LCU +1.5%
1972 24.22 billion constant LCU +1.3%
1973 25.95 billion constant LCU +7.1%
1974 26.48 billion constant LCU +2.1%
1975 27.25 billion constant LCU +2.9%
1976 29.36 billion constant LCU +7.7%
1977 31.20 billion constant LCU +6.3%
1978 31.93 billion constant LCU +2.3%
1979 32.17 billion constant LCU +0.8%
1980 30.75 billion constant LCU -4.4%
1981 30.64 billion constant LCU -0.4%
1982 30.00 billion constant LCU -2.1%
1983 28.87 billion constant LCU -3.8%
1984 29.29 billion constant LCU +1.4%
1985 29.35 billion constant LCU +0.2%
1986 31.26 billion constant LCU +6.5%
1987 32.38 billion constant LCU +3.6%
1988 34.26 billion constant LCU +5.8%
1989 31.33 billion constant LCU -8.6%
1990 33.35 billion constant LCU +6.5%
1991 36.60 billion constant LCU +9.7%
1992 38.81 billion constant LCU +6.1%
1993 38.92 billion constant LCU +0.3%
1994 38.01 billion constant LCU -2.3%
1995 39.51 billion constant LCU +4.0%
1996 39.43 billion constant LCU -0.2%
1997 41.94 billion constant LCU +6.4%
1998 42.07 billion constant LCU +0.3%
1999 39.55 billion constant LCU -6.0%
2000 41.01 billion constant LCU +3.7%
2001 42.41 billion constant LCU +3.4%
2002 38.65 billion constant LCU -8.9%
2003 35.65 billion constant LCU -7.8%
2004 42.17 billion constant LCU +18.3%
2005 46.52 billion constant LCU +10.3%
2006 51.12 billion constant LCU +9.9%
2007 55.59 billion constant LCU +8.8%
2008 58.53 billion constant LCU +5.3%
2009 56.65 billion constant LCU -3.2%
2010 55.81 billion constant LCU -1.5%
2011 58.14 billion constant LCU +4.2%
2012 61.41 billion constant LCU +5.6%
2013 62.23 billion constant LCU +1.3%
2014 59.81 billion constant LCU -3.9%

Venezuela compared with similar countries

  • Venezuela's 59.81 billion constant LCU is below the median for lower middle income countries, which is 660.05 billion constant LCU, 9% of the median. (47 countries reporting)
  • Venezuela's 59.81 billion constant LCU is above the median for Latin America & Caribbean, which is 59.81 billion constant LCU, 1.0× the median. (41 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 27.60 billion constant LCU 23.57 billion constant LCU 32.17 billion constant LCU 10
1980s 30.81 billion constant LCU 28.87 billion constant LCU 34.26 billion constant LCU 10
1990s 38.82 billion constant LCU 33.35 billion constant LCU 42.07 billion constant LCU 10
2000s 46.83 billion constant LCU 35.65 billion constant LCU 58.53 billion constant LCU 10
2010s 59.48 billion constant LCU 55.81 billion constant LCU 62.23 billion constant LCU 5

Countries ranked near Venezuela

  1. 143 Georgia 67.50 billion constant LCU compare
  2. 144 Croatia 67.13 billion constant LCU compare
  3. 145 Sierra Leone 64.74 billion constant LCU compare
  4. 147 Lithuania 56.54 billion constant LCU compare
  5. 148 Slovenia 53.97 billion constant LCU compare
  6. 149 Bolivia 51.65 billion constant LCU compare

See the full ranking of 212 places →

More population data for Venezuela

All data for Venezuela →

Frequently asked questions

What is gdp in Venezuela?
Gdp in Venezuela was 59.81 billion constant LCU in 2014, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Venezuela?
The highest recorded value was 62.23 billion constant LCU in 2013.
What is the lowest gdp recorded in Venezuela?
The lowest recorded value was 23.57 billion constant LCU in 1970.
How does Venezuela rank for gdp?
Venezuela ranks 146th out of 212 countries with data for 2014.
Is gdp rising or falling in Venezuela?
Over the last ten years it is up 41.8%. The long-run trend across the full record is rising.
Where does this Venezuela data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.

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GDP in Venezuela. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-2/venezuela-rb/

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About this data

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,234 data points, 1970–2024
Last refreshed

February 2026 Data Release