GDP in Venezuela

Venezuela: GDP was 482.36 billion current US$ in 2014. β—† Volatile

Latest (2014)
482.36 billion current US$
Change on year
up 30.0%
World rank
32nd
of 208 countries
All-time high
482.36 billion current US$
in 2014
All-time low
11.56 billion current US$
in 1970
Years of data
45
1970–2014

GDP in Venezuela, 1970–2014

0100.0B200.0B300.0B400.0B500.0B1970199220141970: 11.6B current US$1971: 13.0B current US$1972: 14.0B current US$1973: 17.0B current US$1974: 26.1B current US$1975: 27.5B current US$1976: 31.4B current US$1977: 36.2B current US$1978: 39.3B current US$1979: 48.3B current US$1980: 59.1B current US$1981: 66.3B current US$1982: 67.7B current US$1983: 67.6B current US$1984: 59.9B current US$1985: 62.0B current US$1986: 60.5B current US$1987: 48.0B current US$1988: 60.2B current US$1989: 43.5B current US$1990: 48.6B current US$1991: 53.5B current US$1992: 60.4B current US$1993: 60.0B current US$1994: 58.4B current US$1995: 77.4B current US$1996: 70.5B current US$1997: 85.8B current US$1998: 91.3B current US$1999: 98.0B current US$2000: 117.1B current US$2001: 122.9B current US$2002: 92.9B current US$2003: 83.6B current US$2004: 112.5B current US$2005: 145.5B current US$2006: 183.5B current US$2007: 230.4B current US$2008: 316.0B current US$2009: 329.8B current US$2010: 393.2B current US$2011: 316.5B current US$2012: 381.3B current US$2013: 371.0B current US$2014: 482.4B current US$

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

The most recent figure for gdp in Venezuela is 482.36 billion current US$, measured in 2014. That is the highest value across all 45 years on record.

Compared with earlier readings it is up 30.0% on the previous year and up 328.9% over ten years.

Over the whole period, gdp in Venezuela peaked at 482.36 billion current US$ in 2014 and was at its lowest, 11.56 billion current US$, in 1970.

That places Venezuela 32nd out of 208 countries with data for 2014, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 26.44 billion current US$ 11.56 billion current US$ 48.31 billion current US$ 10
1980s 59.49 billion current US$ 43.54 billion current US$ 67.74 billion current US$ 10
1990s 70.40 billion current US$ 48.61 billion current US$ 97.97 billion current US$ 10
2000s 173.41 billion current US$ 83.62 billion current US$ 329.79 billion current US$ 10
2010s 388.86 billion current US$ 316.48 billion current US$ 482.36 billion current US$ 5

Countries ranked near Venezuela

  1. 29 Thailand 526.41 billion current US$ compare
  2. 30 Austria 521.64 billion current US$ compare
  3. 31 Norway 483.73 billion current US$ compare
  4. 33 Vietnam 476.39 billion current US$ compare
  5. 34 Philippines 461.62 billion current US$ compare
  6. 35 Bangladesh 450.12 billion current US$ compare

See the full ranking of 211 places β†’

More population data for Venezuela

All data for Venezuela β†’

Frequently asked questions

What is gdp in Venezuela?
Gdp in Venezuela was 482.36 billion current US$ in 2014, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Venezuela?
The highest recorded value was 482.36 billion current US$ in 2014.
What is the lowest gdp recorded in Venezuela?
The lowest recorded value was 11.56 billion current US$ in 1970.
How does Venezuela rank for gdp?
Venezuela ranks 32nd out of 208 countries with data for 2014.
Is gdp rising or falling in Venezuela?
Over the last ten years it is up 328.9%. 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 US$). Statizoid updates them automatically from the source API.

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GDP in Venezuela. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-current-us-2/venezuela-rb/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release