Economy · Latin America & Caribbean · Lower-middle income
Venezuela: the economy in numbers
GDP is $99.7bn (2025), 79th of 211 in the world and 13th of 41 in Latin America & Caribbean. GDP per capita is $3,495 (2025), 156th of 211 in the world and 39th of 41 in Latin America & Caribbean. GDP per capita, PPP is $21,283 (2011).
GDP
Venezuela
GDP per capita
VenezuelaLatin America & CaribbeanLower-middle incomeWorld
13 indicators
Economy: Venezuela in detail
Latest reported value, world rank and rank within Latin America & Caribbean; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GDPGDP, current US$ | $99.7bn2025 | 79/211 | 13/41 | $117bn | $393bn | $42.8bn | −20%since 2015 | $7.4tn | $7.3tn | $118tn | |
| GDP per capitaGDP per capita, current US$ | $3,4952025 | 156/211 | 39/41 | $4,776 | $13,646 | $1,506 | −15%since 2015 | $11,095 | $2,481 | $14,406 | |
| GDP per capita, PPPGDP per capita, PPP (current international $) | $21,2832011 | — | — | $14,207 | $20,286 | · | +44%since 2001 | $23,901 | $10,942 | $25,704 | |
| GNI per capitaGNI per capita, Atlas method, US$ | $3,8602025 | 142/201 | 35/38 | $4,060 | $11,650 | $1,670 | −27%since 2015 | $10,634 | $2,488 | $14,244 | |
| GDP growthGDP growth, annual % | 1.6%2025 | 159/210 | 32/41 | 3.5% | -1.6% | -29.8% | +7.8 ppsince 2015 | 2.3% | 6.0% | 2.9% | |
| GDP per capita growthGDP per capita growth, annual % | 1.2%2025 | 140/210 | 31/41 | 1.6% | -2.9% | -28.6% | +8.3 ppsince 2015 | 1.6% | 4.6% | 2.0% | |
| Agriculture shareAgriculture, forestry and fishing, % of GDP | 0.0%2011 | — | — | 0.0% | 0.0% | · | ±0.0 ppsince 2001 | 6.8% | 17.8% | 4.0% | |
| Industry shareIndustry incl. construction, % of GDP | 0.0%2011 | — | — | 0.0% | 0.0% | · | ±0.0 ppsince 2001 | 30.3% | 31.3% | 25.0% | |
| Manufacturing shareManufacturing, value added, % of GDP | 0.0%2011 | — | — | 0.0% | 0.0% | · | ±0.0 ppsince 2001 | 17.1% | 16.9% | 14.9% | |
| Services shareServices, % of GDP | 0.0%2011 | — | — | 0.0% | 0.0% | · | ±0.0 ppsince 2001 | 68.2% | 61.3% | 63.3% | |
| InvestmentGross capital formation, % of GDP | 5.9%2025 | 171/175 | 25/25 | 0.0% | 0.0% | 9.2% | −13.5 ppsince 2015 | 19.0% | 31.1% | 26.3% | |
| SavingsGross savings, % of GDP | 12.8%2025 | 138/163 | 22/22 | 98.7% | 98.6% | 12.4% | −21.6 ppsince 2015 | 16.4% | 28.2% | 26.0% | |
| Resource rentsNatural resources rents, % of GDP | 11.8%2014 | — | — | 20.6% | 12.4% | · | −12.0 ppsince 2004 | 6.1% | 4.7% | 3.1% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- GDP per capita, PPP+44%$21,283 in 2011
- GDP growth+7.8 pp1.6% in 2025
- GDP per capita growth+8.3 pp1.2% in 2025
Worse than ten years ago
- GDP−20%$99.7bn in 2025
- GDP per capita−15%$3,495 in 2025
- GNI per capita−27%$3,860 in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Venezuela and its neighbours
Countries sharing a land border with Venezuela. Latest values since 2005; the highest in each row is marked.
| Indicator | Venezuela | United States | Brazil | United Kingdom | France | Colombia |
|---|---|---|---|---|---|---|
| GDP | $99.7bn2025 | $30.8tn2025 | $2.3tn2025 | $4.0tn2025 | $3.4tn2025 | $457bn2025 |
| GDP per capita | $3,4952025 | $90,0272025 | $10,7132025 | $57,6022025 | $48,9862025 | $8,5622025 |
| GDP per capita, PPP | $21,2832011 | $90,0272025 | $23,4332025 | $64,6062025 | $63,9752025 | $22,6402025 |
| GNI per capita | $3,8602025 | $88,8102025 | $10,5502025 | $54,5502025 | $48,6302025 | $7,9002025 |
| GDP growth | 1.6%2025 | 2.2%2025 | 2.3%2025 | 1.4%2025 | 0.8%2025 | 2.6%2025 |
| GDP per capita growth | 1.2%2025 | 1.6%2025 | 1.9%2025 | 1.1%2025 | 0.6%2025 | 1.6%2025 |
| Agriculture share | 0.0%2011 | 0.9%2021 | 6.1%2025 | 0.6%2025 | 1.4%2025 | 9.9%2025 |
| Industry share | 0.0%2011 | 17.6%2021 | 20.1%2025 | 16.5%2025 | 16.8%2025 | 21.8%2025 |
| Manufacturing share | 0.0%2011 | 10.5%2021 | 11.8%2025 | 7.7%2025 | 9.5%2025 | 9.9%2025 |