The Gross Domestic Product (GDP) in Venezuela was worth 482.40 billion US dollars in 2014. The GDP value of Venezuela represents 0.78 percent of the world economy. GDP in Venezuela averaged 98.32 USD Billion from 1960 until 2014, reaching an all time high of 482.40 USD Billion in 2014 and a record low of 8.61 USD Billion in 1960.
GDP in Venezuela is expected to be 400.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Venezuela GDP is projected to trend around 300.00 USD Billion in 2020, according to our econometric models.