GDP (current LCU) (UNESCO Institute) in Venezuela

Venezuela: GDP (current LCU) (UNESCO Institute) was 3.03 trillion current LCU in 2014. ◆ Volatile

Latest (2014)
3.03 trillion current LCU
Change on year
up 35.0%
World rank
81st
of 211 countries
All-time high
3.03 trillion current LCU
in 2014
All-time low
52.02 million current LCU
in 1970
Years of data
45
1970–2014

GDP in Venezuela, 1970–2014

01.0T2.0T3.0T1970199220141970: 52.0M current LCU1971: 57.1M current LCU1972: 61.5M current LCU1973: 73.3M current LCU1974: 112.2M current LCU1975: 118.1M current LCU1976: 135.1M current LCU1977: 155.7M current LCU1978: 169.1M current LCU1979: 207.7M current LCU1980: 254.2M current LCU1981: 285.2M current LCU1982: 291.3M current LCU1983: 290.5M current LCU1984: 420.1M current LCU1985: 464.7M current LCU1986: 489.2M current LCU1987: 696.4M current LCU1988: 873.3M current LCU1989: 1.5B current LCU1990: 2.3B current LCU1991: 3.0B current LCU1992: 4.1B current LCU1993: 5.5B current LCU1994: 8.7B current LCU1995: 13.7B current LCU1996: 29.4B current LCU1997: 41.9B current LCU1998: 50.0B current LCU1999: 59.3B current LCU2000: 79.7B current LCU2001: 88.9B current LCU2002: 107.8B current LCU2003: 134.2B current LCU2004: 212.7B current LCU2005: 304.1B current LCU2006: 393.9B current LCU2007: 494.6B current LCU2008: 677.6B current LCU2009: 707.3B current LCU2010: 1.0T current LCU2011: 1.4T current LCU2012: 1.6T current LCU2013: 2.2T current LCU2014: 3.0T current LCU

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

Analysis

Venezuela recorded 3.03 trillion current LCU for gdp in 2014. That is the highest value across all 45 years on record.

That represents a change of up 35.0% on the previous year and up 1,325.2% over ten years.

Over the whole period, gdp in Venezuela peaked at 3.03 trillion current LCU in 2014 and was at its lowest, 52.02 million current LCU, in 1970.

That places Venezuela 81st out of 211 countries with data for 2014, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for GDP (current LCU) in Venezuela, 1970 to 2014.
Year current LCU Change
1970 52.02 million current LCU —
1971 57.14 million current LCU +9.8%
1972 61.50 million current LCU +7.6%
1973 73.25 million current LCU +19.1%
1974 112.23 million current LCU +53.2%
1975 118.10 million current LCU +5.2%
1976 135.10 million current LCU +14.4%
1977 155.71 million current LCU +15.2%
1978 169.06 million current LCU +8.6%
1979 207.74 million current LCU +22.9%
1980 254.20 million current LCU +22.4%
1981 285.21 million current LCU +12.2%
1982 291.27 million current LCU +2.1%
1983 290.49 million current LCU -0.3%
1984 420.07 million current LCU +44.6%
1985 464.74 million current LCU +10.6%
1986 489.17 million current LCU +5.3%
1987 696.42 million current LCU +42.4%
1988 873.28 million current LCU +25.4%
1989 1.51 billion current LCU +73.0%
1990 2.28 billion current LCU +50.9%
1991 3.04 billion current LCU +33.3%
1992 4.13 billion current LCU +36.0%
1993 5.45 billion current LCU +32.0%
1994 8.68 billion current LCU +59.1%
1995 13.69 billion current LCU +57.8%
1996 29.44 billion current LCU +115.1%
1997 41.94 billion current LCU +42.5%
1998 50.01 billion current LCU +19.2%
1999 59.34 billion current LCU +18.7%
2000 79.66 billion current LCU +34.2%
2001 88.95 billion current LCU +11.7%
2002 107.84 billion current LCU +21.2%
2003 134.23 billion current LCU +24.5%
2004 212.68 billion current LCU +58.4%
2005 304.09 billion current LCU +43.0%
2006 393.93 billion current LCU +29.5%
2007 494.59 billion current LCU +25.6%
2008 677.59 billion current LCU +37.0%
2009 707.26 billion current LCU +4.4%
2010 1.02 trillion current LCU +43.8%
2011 1.36 trillion current LCU +33.5%
2012 1.64 trillion current LCU +20.5%
2013 2.25 trillion current LCU +37.3%
2014 3.03 trillion current LCU +35.0%

Venezuela compared with similar countries

  • Venezuela's 3.03 trillion current LCU is above the median for lower middle income countries, which is 1.54 trillion current LCU, 2.0× the median. (47 countries reporting)
  • Venezuela's 3.03 trillion current LCU is above the median for Latin America & Caribbean, which is 167.40 billion current LCU, 18.1× the median. (40 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 114.19 million current LCU 52.02 million current LCU 207.74 million current LCU 10
1980s 557.52 million current LCU 254.20 million current LCU 1.51 billion current LCU 10
1990s 21.80 billion current LCU 2.28 billion current LCU 59.34 billion current LCU 10
2000s 320.08 billion current LCU 79.66 billion current LCU 707.26 billion current LCU 10
2010s 1.86 trillion current LCU 1.02 trillion current LCU 3.03 trillion current LCU 5

Countries ranked near Venezuela

  1. 78 Hong Kong 3.18 trillion current LCU compare
  2. 79 Jamaica 3.12 trillion current LCU compare
  3. 80 Canada 3.07 trillion current LCU compare
  4. 82 Denmark 2.96 trillion current LCU compare
  5. 83 France 2.92 trillion current LCU compare
  6. 84 United Kingdom 2.85 trillion current LCU compare

See the full ranking of 211 places →

More population data for Venezuela

All data for Venezuela →

Frequently asked questions

What is gdp in Venezuela?
Gdp in Venezuela was 3.03 trillion current LCU in 2014, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Venezuela?
The highest recorded value was 3.03 trillion current LCU in 2014.
What is the lowest gdp recorded in Venezuela?
The lowest recorded value was 52.02 million current LCU in 1970.
How does Venezuela rank for gdp?
Venezuela ranks 81st out of 211 countries with data for 2014.
Is gdp rising or falling in Venezuela?
Over the last ten years it is up 1,325.2%. The long-run trend across the full record is volatile.
Where does this Venezuela data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current 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-current-lcu-2/venezuela-rb/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release