GDP growth (annual %) (UNESCO Institute) in Venezuela
Venezuela: GDP growth (annual %) (UNESCO Institute) was -3.9% in 2014. ◆ Volatile
GDP growth in Venezuela, 1970–2014
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
In 2014, gdp growth in Venezuela stood at -3.9%.
That represents a change of down 390.0% on the previous year and down 121.3% over ten years.
Over the whole period, gdp growth in Venezuela peaked at 18.3% in 2004 and was at its lowest, -8.9%, in 2002.
That places Venezuela 207th out of 212 countries with data for 2014, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Venezuela, year by year
| Year | annual % | Change |
|---|---|---|
| 1970 | 7.7% | — |
| 1971 | 1.5% | -80.8% |
| 1972 | 1.3% | -13.3% |
| 1973 | 7.1% | +454.2% |
| 1974 | 2.1% | -70.9% |
| 1975 | 2.9% | +40.0% |
| 1976 | 7.7% | +166.8% |
| 1977 | 6.3% | -18.9% |
| 1978 | 2.3% | -62.6% |
| 1979 | 0.8% | -67.4% |
| 1980 | -4.4% | -678.4% |
| 1981 | -0.4% | -91.8% |
| 1982 | -2.1% | +470.8% |
| 1983 | -3.8% | +81.8% |
| 1984 | 1.4% | -138.3% |
| 1985 | 0.2% | -86.6% |
| 1986 | 6.5% | +3268.0% |
| 1987 | 3.6% | -45.0% |
| 1988 | 5.8% | +62.5% |
| 1989 | -8.6% | -247.2% |
| 1990 | 6.5% | -175.5% |
| 1991 | 9.7% | +50.4% |
| 1992 | 6.1% | -37.7% |
| 1993 | 0.3% | -95.5% |
| 1994 | -2.3% | -953.2% |
| 1995 | 4.0% | -268.2% |
| 1996 | -0.2% | -105.0% |
| 1997 | 6.4% | -3320.2% |
| 1998 | 0.3% | -95.4% |
| 1999 | -6.0% | -2130.4% |
| 2000 | 3.7% | -161.8% |
| 2001 | 3.4% | -7.9% |
| 2002 | -8.9% | -360.9% |
| 2003 | -7.8% | -12.4% |
| 2004 | 18.3% | -335.8% |
| 2005 | 10.3% | -43.6% |
| 2006 | 9.9% | -4.3% |
| 2007 | 8.8% | -11.3% |
| 2008 | 5.3% | -39.7% |
| 2009 | -3.2% | -160.7% |
| 2010 | -1.5% | -53.5% |
| 2011 | 4.2% | -380.5% |
| 2012 | 5.6% | +34.7% |
| 2013 | 1.3% | -76.1% |
| 2014 | -3.9% | -390.0% |
Venezuela compared with similar countries
- Venezuela's -3.9% is below the median for lower middle income countries, which is 3.7%. (47 countries reporting)
- Venezuela's -3.9% is below the median for Latin America & Caribbean, which is 3.4%. (41 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +3320.2% | -0.2% | 6.4% |
| 1986 | +3268.0% | 0.2% | 6.5% |
| 1999 | -2130.4% | 0.3% | -6.0% |
| 1994 | -953.2% | 0.3% | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.0% | 0.8% | 7.7% | 10 |
| 1980s | -0.2% | -8.6% | 6.5% | 10 |
| 1990s | 2.5% | -6.0% | 9.7% | 10 |
| 2000s | 4.0% | -8.9% | 18.3% | 10 |
| 2010s | 1.2% | -3.9% | 5.6% | 5 |
Countries ranked near Venezuela
- 204 East Timor -2.2% compare
- 205 Kuwait -2.6% compare
- 206 Botswana -3.0% compare
- 208 Isle of Man -4.2% compare
- 209 Haiti -4.2% compare
- 210 South Sudan -10.8% compare
More population data for Venezuela
- Population regions with projections, annual growth rate -0.5136 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.187 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.5136 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.4023 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 35,937 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.11 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.8093 % change on previous year (2100)
- Population growth rate -0.518 (2100)
- Population density 32.06 (2100)
- Projected population under age 5 1.32 million (2100)
Frequently asked questions
- What is gdp growth in Venezuela?
- Gdp growth in Venezuela was -3.9% in 2014, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Venezuela?
- The highest recorded value was 18.3% in 2004.
- What is the lowest gdp growth recorded in Venezuela?
- The lowest recorded value was -8.9% in 2002.
- How does Venezuela rank for gdp growth?
- Venezuela ranks 207th out of 212 countries with data for 2014.
- Is gdp growth rising or falling in Venezuela?
- Over the last ten years it is down 121.3%. 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 growth (annual %). Statizoid updates them automatically from the source API.
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CSV · JSON — 45 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release