Venezuela Live GDP
$65,389,287,800
GDP Added Today
$132,186,430
Venezuela GDP (2026)
LiveVenezuela possesses some of the world’s largest petroleum reserves, giving energy production a central role in its economy and international trade. Agriculture, mining, manufacturing, retail, and public services also contribute to activity, although years of instability have reduced productive capacity. This page examines the latest Venezuela GDP figures, historical changes, and economic conditions in 2026.
GDP Growth Rate (2026)
4.00%
vs 2025
▲ +2.50%
GDP Per Capita (2026)
$4,140
vs 2025
▲ +$404
Global Rank (Nominal)
#78
of 218 countries
World Share
0.09%
of 2026 World GDP
Years Covered
1980–2026
47 years
Venezuela GDP Growth (1980–2026)
Annual real GDP growth rate (%)
Historical Highlights
1980–2026 GDP performance summary
Highest GDP
$372.59B
Lowest GDP
$42.84B
Average Growth
-0.56%
1980–2026
Best Growth
18.30%
Weakest Growth
-30.00%
Share of World GDP (2026)
Venezuela
0.09%
United States
25.58%
China
16.47%
Germany
4.31%
Japan
3.46%
Rest of World
50.10%
Key Findings
✓
Venezuela's GDP in 2026 is $111.30B.
✓
It ranks #78 among 218 countries.
✓
Venezuela contributes 0.09% to the world economy.
✓
GDP per capita is $4,140 in 2026.
✓
The economy recorded GDP growth of 4.00% in 2026.
Historical Data
Venezuela GDP Historical Data (1980–2026)
| 2026 | $111,303,000,000 | 4.00% | $4,140 | 0.09% | #77 |
| 2025 | $99,661,000,000 | 1.50% | $3,736 | 0.08% | #78 |
| 2024 | $120,566,000,000 | 5.30% | $4,539 | 0.11% | #67 |
| 2023 | $102,378,000,000 | 4.00% | $3,829 | 0.10% | #71 |
| 2022 | $89,013,000,000 | 8.00% | $3,307 | 0.09% | #72 |
| 2021 | $56,615,000,000 | 1.00% | $2,052 | 0.06% | #86 |
| 2020 | $42,838,000,000 | -30.00% | $1,533 | 0.05% | #90 |
| 2019 | $73,014,000,000 | -27.70% | $2,625 | 0.08% | #72 |
| 2018 | $102,021,000,000 | -19.70% | $3,530 | 0.12% | #64 |
| 2017 | $115,882,000,000 | -15.70% | $3,807 | 0.14% | #61 |
| 2016 | $112,915,000,000 | -17.00% | $3,676 | 0.15% | #59 |
| 2015 | $125,449,000,000 | -6.20% | $4,097 | 0.17% | #58 |
| 2014 | $214,690,000,000 | -3.90% | $7,107 | 0.27% | #51 |
| 2013 | $258,932,000,000 | 1.30% | $8,693 | 0.33% | #43 |
| 2012 | $372,592,000,000 | 5.60% | $12,688 | 0.49% | #33 |
| 2011 | $316,482,000,000 | 4.20% | $10,934 | 0.42% | #35 |
| 2010 | $318,281,000,000 | -1.50% | $11,158 | 0.47% | #33 |
| 2009 | $268,624,000,000 | -3.20% | $9,558 | 0.44% | #34 |
| 2008 | $306,764,000,000 | 5.30% | $11,079 | 0.47% | #34 |
| 2007 | $232,857,000,000 | 8.80% | $8,538 | 0.40% | #38 |
| 2006 | $178,521,000,000 | 9.90% | $6,647 | 0.34% | #39 |
| 2005 | $143,375,000,000 | 10.30% | $5,422 | 0.30% | #43 |
| 2004 | $112,254,000,000 | 18.30% | $4,312 | 0.25% | #45 |
| 2003 | $83,684,000,000 | -7.80% | $3,266 | 0.21% | #48 |
| 2002 | $95,258,000,000 | -8.90% | $3,778 | 0.27% | #43 |
| 2001 | $123,119,000,000 | 3.40% | $4,964 | 0.36% | #35 |
| 2000 | $117,596,000,000 | 3.70% | $4,821 | 0.34% | #37 |
| 1999 | $97,517,000,000 | -6.00% | $4,133 | 0.29% | #39 |
| 1998 | $91,836,000,000 | 0.30% | $3,970 | 0.29% | #40 |
| 1997 | $85,684,000,000 | 6.40% | $3,779 | 0.27% | #44 |
| 1996 | $70,536,000,000 | -0.20% | $3,175 | 0.22% | #47 |
| 1995 | $77,427,000,000 | 4.00% | $3,560 | 0.25% | #43 |
| 1994 | $58,357,000,000 | -2.30% | $2,742 | 0.21% | #43 |
| 1993 | $59,865,000,000 | 0.30% | $2,876 | 0.23% | #43 |
| 1992 | $60,400,000,000 | 6.10% | $2,968 | 0.24% | #42 |
| 1991 | $53,382,000,000 | 9.70% | $2,685 | 0.22% | #41 |
| 1990 | $48,391,000,000 | 6.50% | $2,493 | 0.21% | #43 |
| 1989 | $44,672,000,000 | -13.90% | $2,378 | 0.22% | #43 |
| 1988 | $60,378,000,000 | 6.50% | $3,293 | 0.31% | #37 |
| 1987 | $46,854,000,000 | 4.80% | $2,619 | 0.27% | #41 |
| 1986 | $60,877,000,000 | 6.10% | $3,489 | 0.41% | #32 |
| 1985 | $59,865,000,000 | 0.90% | $3,472 | 0.47% | #31 |
| 1984 | $57,826,000,000 | 5.20% | $3,447 | 0.48% | #31 |
| 1983 | $79,672,000,000 | -9.90% | $4,883 | 0.68% | #25 |
| 1982 | $79,998,000,000 | 2.60% | $5,042 | 0.70% | #24 |
| 1981 | $78,367,000,000 | -1.30% | $5,086 | 0.68% | #24 |
| 1980 | $69,841,000,000 | -4.90% | $4,671 | 0.62% | #26 |
Venezuela GDP Projections (IMF)
iProjection data is not available.
Venezuela Economy Overview
Venezuela’s economy has historically depended on its extensive crude oil reserves, with petroleum production accounting for most export earnings and an important share of public revenue. Oil extraction, refining, petrochemicals, and energy services remain central, although production capacity has been weakened by underinvestment, operational difficulties, and international restrictions.
The country also possesses reserves of natural gas, gold, iron ore, and bauxite. Agriculture produces maize, rice, sugarcane, coffee, cocoa, and livestock, while manufacturing includes food products, chemicals, metals, textiles, and construction materials. Retail, transportation, communications, and informal commerce support domestic activity. High inflation, limited access to foreign currency, damaged infrastructure, and migration have significantly affected industrial production and household purchasing power.
Venezuela GDP Outlook
Venezuela’s outlook is closely tied to the recovery of petroleum production, access to international markets, and improvements in macroeconomic stability. Rehabilitation of oil facilities, electricity systems, transportation networks, and domestic industry could support a wider economic recovery. Mining, agriculture, retail, and private services also offer potential beyond hydrocarbons. Progress remains highly uncertain because of inflation, sanctions, limited financing, institutional instability, migration, currency pressures, and years of underinvestment in productive infrastructure.