GDP growth — all countries

GDP growth — Venezuela

GDP growth in Venezuela in 2025 — 1.57%. Ranked 145 in the world out of 186. Since 1961, the indicator has fallen by 1.62 pp.

2025 1.57% −3.95 pp vs 2024
World rank 145of 186
Period maximum 18.21%2004
Period minimum -29.82%2020

Trend over time

1961–2025 · % per year

GDP growth — Venezuela, 1961–2025-40-2002019611968197519821989199620032010201720241961: 3.19%1963: 3.9%1965: 4.16%1967: 2.83%1969: 0.71%1971: 1.48%1973: 7.11%1975: 2.9%1977: 6.27%1979: 0.76%1981: -1.26%1983: -9.66%1985: 0.66%1987: 4.91%1989: -14.01%1991: 9.58%1993: 0.26%1995: 3.95%1997: 6.35%1999: -5.94%2001: 3.41%2003: -7.75%2005: 10.19%2007: 8.81%2009: -3.08%2011: 4.12%2013: 1.3%2015: -6.19%2017: -15.7%2019: -27.62%2021: 0.63%2023: 4.02%2025: 1.57%
Change over the period: −1.62 pp Annual average: -0.03 pp

Comparison, 2025

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

Venezuela 1.57%
World 2.92%
South America computed 2.84%
GDP growth — Venezuela, by year Venezuela All countries CSV XLSX
Year % Change, pp
2025 1.57 −3.95 pp
2024 5.52 +1.5 pp
2023 4.02 −4.05 pp
2022 8.07 +7.45 pp
2021 0.63 +30.45 pp
2020 -29.82 −2.21 pp
2019 -27.62 −7.98 pp
2018 -19.64 −3.94 pp
2017 -15.7 +1.41 pp
2016 -17.11 −10.93 pp
2015 -6.19 −2.33 pp
2014 -3.86 −5.16 pp
2013 1.3 −4.38 pp
2012 5.68 +1.56 pp
2011 4.12 +5.71 pp
2010 -1.59 +1.49 pp
2009 -3.08 −8.29 pp
2008 5.22 −3.59 pp
2007 8.81 −1.09 pp
2006 9.89 −0.3 pp
2005 10.19 −8.02 pp
2004 18.21 +25.96 pp
2003 -7.75 +0.97 pp
2002 -8.73 −12.14 pp
2001 3.41 −0.12 pp
2000 3.54 +9.47 pp
1999 -5.94 −6.42 pp
1998 0.48 −5.87 pp
1997 6.35 +6.6 pp
1996 -0.25 −4.2 pp
1995 3.95 +6.26 pp
1994 -2.31 −2.57 pp
1993 0.26 −5.75 pp
1992 6.01 −3.57 pp
1991 9.58 +2.87 pp
1990 6.71 +20.72 pp
1989 -14.01 −20.44 pp
1988 6.43 +1.52 pp
1987 4.91 −1.28 pp
1986 6.19 +5.53 pp
1985 0.66 −4.52 pp
1984 5.17 +14.83 pp
1983 -9.66 −12.21 pp
1982 2.56 +3.82 pp
1981 -1.26 +3.16 pp
1980 -4.42 −5.19 pp
1979 0.76 −1.58 pp
1978 2.35 −3.92 pp
1977 6.27 −1.46 pp
1976 7.73 +4.83 pp
1975 2.9 +0.83 pp
1974 2.07 −5.04 pp
1973 7.11 +5.83 pp
1972 1.28 −0.2 pp
1971 1.48 −6.23 pp
1970 7.71 +7.01 pp
1969 0.71 −6.63 pp
1968 7.34 +4.5 pp
1967 2.83 +1.32 pp
1966 1.51 −2.65 pp
1965 4.16 −6.97 pp
1964 11.13 +7.23 pp
1963 3.9 −4.63 pp
1962 8.53 +5.34 pp
1961 3.19

About the indicator

The annual growth rate of gross domestic product in constant local currency prices. Because the calculation runs in constant prices, the indicator is clear of inflation and of exchange rate swings, so it shows the real movement of the economy. Two consecutive quarters of negative values are conventionally called a technical recession, but the data here are annual.

Source: World Development Indicators (World Bank), license CC BY 4.0.