The Gross Domestic Product (GDP) in Venezuela was worth 106.36 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Venezuela represents 0.09 percent of the world economy. source: World Bank
GDP in Venezuela averaged 107.44 USD Billion from 1960 until 2020, reaching an all time high of 393.19 USD Billion in 2010 and a record low of 7.78 USD Billion in 1960. This page provides - Venezuela GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela GDP - values, historical data and charts - was last updated on July of 2022.
GDP in Venezuela is expected to reach 150.00 USD Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Venezuela GDP is projected to trend around 200.00 USD Billion in 2023 and 230.00 USD Billion in 2024, according to our econometric models.