Real GDP growth (IMF) — all countries

Real GDP growth (IMF) — Venezuela

Real GDP growth (IMF) in Venezuela in 2027 — 6%. Ranked 17 in the world out of 190. Since 1980, the indicator has risen by 10.9 pp.

2027 6% +2 pp vs 2026
World rank 17of 190
Period maximum 18.3%2004
Period minimum -30%2020

Trend over time

1980–2027 · % per year

Real GDP growth (IMF) — Venezuela, 1980–2027-40-2002019801985199019952000200520102015202020251980: -4.9%1981: -1.3%1982: 2.6%1983: -9.9%1984: 5.2%1985: 0.9%1986: 6.1%1987: 4.8%1988: 6.5%1989: -13.9%1990: 6.5%1991: 9.7%1992: 6.1%1993: 0.3%1994: -2.3%1995: 4%1996: -0.2%1997: 6.4%1998: 0.3%1999: -6%2000: 3.7%2001: 3.4%2002: -8.9%2003: -7.8%2004: 18.3%2005: 10.3%2006: 9.9%2007: 8.8%2008: 5.3%2009: -3.2%2010: -1.5%2011: 4.2%2012: 5.6%2013: 1.3%2014: -3.9%2015: -6.2%2016: -17%2017: -15.7%2018: -19.7%2019: -27.7%2020: -30%2021: 1%2022: 8%2023: 4%2024: 5.3%2025: 1.5%2026: 4%2027: 6%
Change over the period: +10.9 pp Annual average: 0.23 pp

Comparison, 2027

How the value compares with the world and the groups this territory belongs to: Venezuela

Venezuela 6%
World computed 2.65%
Latin America & Caribbean computed 2.62%
South America computed 2.69%
Real GDP growth (IMF) — Venezuela, by year Venezuela All countries CSV XLSX
Year % Change, pp
2027 6 +2 pp
2026 4 +2.5 pp
2025 1.5 −3.8 pp
2024 5.3 +1.3 pp
2023 4 −4 pp
2022 8 +7 pp
2021 1 +31 pp
2020 -30 −2.3 pp
2019 -27.7 −8 pp
2018 -19.7 −4 pp
2017 -15.7 +1.3 pp
2016 -17 −10.8 pp
2015 -6.2 −2.3 pp
2014 -3.9 −5.2 pp
2013 1.3 −4.3 pp
2012 5.6 +1.4 pp
2011 4.2 +5.7 pp
2010 -1.5 +1.7 pp
2009 -3.2 −8.5 pp
2008 5.3 −3.5 pp
2007 8.8 −1.1 pp
2006 9.9 −0.4 pp
2005 10.3 −8 pp
2004 18.3 +26.1 pp
2003 -7.8 +1.1 pp
2002 -8.9 −12.3 pp
2001 3.4 −0.3 pp
2000 3.7 +9.7 pp
1999 -6 −6.3 pp
1998 0.3 −6.1 pp
1997 6.4 +6.6 pp
1996 -0.2 −4.2 pp
1995 4 +6.3 pp
1994 -2.3 −2.6 pp
1993 0.3 −5.8 pp
1992 6.1 −3.6 pp
1991 9.7 +3.2 pp
1990 6.5 +20.4 pp
1989 -13.9 −20.4 pp
1988 6.5 +1.7 pp
1987 4.8 −1.3 pp
1986 6.1 +5.2 pp
1985 0.9 −4.3 pp
1984 5.2 +15.1 pp
1983 -9.9 −12.5 pp
1982 2.6 +3.9 pp
1981 -1.3 +3.6 pp
1980 -4.9

About the indicator

The annual growth rate of GDP in constant prices from the IMF World Economic Outlook database. It is the main reference point for judging the prospects of economies: these are the figures quoted as the IMF growth forecast. Values for past years are actuals from the national accounts; those for the current and future years are estimates and projections.

Important: The projection years are revised twice a year, and the divergence from the eventual actuals can be substantial for commodity economies.

Source: World Economic Outlook (IMF), license IMF open data.