GDP growth in Venezuela, República Bolivariana de
Venezuela, República Bolivariana de: GDP growth was -3.9% in 2014. ◆ Volatile
GDP growth in Venezuela, República Bolivariana de, 1970–2014
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
In 2014, gdp growth in Venezuela, República Bolivariana de 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, República Bolivariana de peaked at 18.3% in 2004 and was at its lowest, -8.9%, in 2002.
That places Venezuela, República Bolivariana de 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.
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, República Bolivariana de
- 204 Timor-Leste, Democratic Republic of -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, Republic of -10.8% compare
More population data for Venezuela, República Bolivariana de
- Population growth rate by level of development -0.518 (2100)
- Projected population under age 5 1.32 million (2100)
- Population density 32.06 (2100)
- Population growth rate -0.518 (2100)
- Projected population under age 5, annual growth rate -0.8093 % change on previous year (2100)
- Fertility and wanted fertility 2.08 (2024)
- Refugee population by country or territory of asylum 19,333 (2024)
- Fertility vs unmet contraception 2.08 (2024)
- Fertility vs contraception 2.08 (2024)
- Fertility vs contraception, annual growth rate -0.0962 % change on previous year (2024)
Frequently asked questions
- What is gdp growth in Venezuela, República Bolivariana de?
- Gdp growth in Venezuela, República Bolivariana de was -3.9% in 2014, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Venezuela, República Bolivariana de?
- The highest recorded value was 18.3% in 2004.
- What is the lowest gdp growth recorded in Venezuela, República Bolivariana de?
- The lowest recorded value was -8.9% in 2002.
- How does Venezuela, República Bolivariana de rank for gdp growth?
- Venezuela, República Bolivariana de ranks 207th out of 212 countries with data for 2014.
- Is gdp growth rising or falling in Venezuela, República Bolivariana de?
- Over the last ten years it is down 121.3%. The long-run trend across the full record is volatile.
- Where does this Venezuela, República Bolivariana de 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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About this data
February 2026 Data Release