Venezuela gdp rank. Key figures and rankings about .

Venezuela gdp rank With a nominal GDP of $1. The economy of Venezuela is based primarily on petroleum, as the country holds the largest crude oil supply in the world. Jump to as a percentage of gross domestic product Venezuela's Macroeconomic Analysis: Nominal GDP of USD 129 billion in 2022. Although Venezuela is the owner of the largest known oil reserves, it has been in decline since 2013. 0 point since last year. Venezuela economic growth for 2014 was $482. 6 billion U. By GDP 5-years average growth and GDP per capita, the United States and Venezuela ranked 113th vs 181st and 11th vs 58th, respectively. Oct 24, 2024 · The gross domestic product (GDP) at current prices in Venezuela was forecast to continuously increase between 2024 and 2025 by in total 3. Venezuela gdp growth rate for 2014 was -3. Venezuela gdp growth rate for 2011 was 4. dollars) Gross Domestic Product for Bolivarian Republic of Venezuela Current U. 2% over the last decade. Its score has increased by 1. GDP Growth Rate in Venezuela averaged -0. 39 percent). Venezuela gdp per capita for 2014 was $15,976, a 28. The absolute value of GDP in Venezuela dropped €33,396 $44,241 million with respect to 2013. By 1982, Venezuela was still the richest major economy in Latin America. 34. World's GDP is $100,562,000,000,000 (nominal, 2022) Sources: World Bank (World Development Indicators, July 25, 2023); United Nations (World Population Prospects 2022). GDP Venezuela ‹ Vanuatu - GDP - Gross Domestic Product GDP per capita, PPP (constant 2017 international $) in Venezuela was reported at 9402 USD in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. Since 2011, Venezuela has moved down the rankings table by 35 places. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. By GDP 5-years average growth and GDP per capita, Mexico and Venezuela ranked 109th vs 181st and 77th vs 58th, respectively. [2] Countries are sorted by GDP (PPP) forecast estimates from financial and statistical institutions that calculate using market or government official exchange rates. GDP per capita; Exposure to PM2. Switch country: GDP, or Gross Domestic Product, is the total monetary value of all goods and services produced and sold within a country during a specific time period, typically one year. GDP per capita rank. 56% decline from 2010. The GDP per capita of Venezuela in 2014 was €5,351 $7,111, €1,183 $1,567 less than in 2013, when it was € Venezuela’s economic freedom score is 25. License: CC BY-4. This page delves into a wealth of rankings and statistics that delineate Venezuela's economic position, social indicators, and environmental assets The Gross Domestic Product per capita in Venezuela was last recorded at 14025. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. This is compared to the Latin America average of USD 8,285. Its national debt in The GDP figure in 2005 was €115,181 $143,375 million, Venezuela is number 43 in the ranking of GDP of the 195 countries that we publish. 34%, a 4. “Venezuela’s GDP Increases 8. GDP per capita; Female labor force participation rates by national per capita income; Fish and seafood consumption vs. Venezuela economic growth for 2012 was $381. dollars the year before. 36B, a 30. 81 billion US dollars in 2021, according to official data from the World Bank. 29B, a 20. On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. GDP per capita of USD 4,804 compared to the global average of USD 10,589. dollars (+3. dollars (+77. Gross Domestic Product of Venezuela fell -19. The country used its vast oil wealth to pay for social programs, including health care, education, transport, and food subsidies. States by their Gross Domestic Product. Venezuela gdp per capita for 2012 was $12,938, a 18. S. World Rank Economy. World 100,562. 36 US dollars in 2014. This page in: English; Venezuela (VEN) , GDP (current US$) indicators data for years 2014 to 2018 Sep 18, 2021 · Facts and statistics about the GDP - per capita (PPP) of Venezuela. 74 USD in 2003. 36. GDP Growth and GDP per capita Growth of Venezuela. 129st (nominal GDP growth (annual %) - Venezuela, RB from The World Bank: Data Venezuela - Economy . 3 billion dollars: GDP per capita, 2002 : 3547 dollars According to the latest statistics released by the World Bank 2024, during the period 1960-2015, Venezuela highest world ranking in terms of GDP is 19th in 1961 and lowest world ranking is 50th in 2003. Rank/Total; Growth Per capita growth GDP GDP per capita; 1961: 3. 28% decline from 2012. in nominal GDP from 1980 to 1990 [1] Rank Country Share of Contribution to Global GDP Growth Venezuela: 0. 68. This is a list of countries by nominal GDP per capita. The GDP figure in 2010 was €239,886 $318,281 million, Venezuela is number 33 in the ranking of GDP of the 196 countries that we publish. Venezuela, is a country located at South America, it has an area of 912,050 Km2. GDP - real growth rate rank chart; GDP - real growth rate - comparative Foreign direct investment refers to direct investment equity flows in the reporting economy. 5 air pollution vs. As an additional comparison, it matches India’s GDP with only about 3% of the population. The GDP per Capita, in Venezuela, when adjusted by Purchasing Power Parity is equivalent to 96 percent of the world's average. GDP (PPP) means gross domestic product based on purchasing power parity. Venezuela is 145th in the overall Prosperity Index rankings. The biggest improvement compared to a decade ago came in Venezuela did not show an The GDP figure in 2014 was €161,562 $214,690 million, Venezuela is number 51 in the ranking of GDP of the 196 countries that we publish. 00 in 2007. The Gross Domestic Product (GDP) in Venezuela contracted 23. GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) GDP per capita, PPP (current international $) - Venezuela, RB from The World Bank: Data. The GDP per capita of Venezuela in 2015 was €3,703 $4,109, €1,648 $3,002 less than in 2014, when it was € Population, GDP, life expectancy, birth rate and other key metrics for Venezuela. 7%. 7% decline from 2012. In terms of GDP (PPP) Italy’s economy is worth $2. Jan 5, 2024 · Changes in rank: Venezuela (+17) is the highest gainer in World GDP (nominal) ranking, followed by Guyana (+16), Azerbaijan (+15), Armenia (+15) and Angola (+12). Venezuela gdp per capita for 2011 was $10,877, a 20. The absolute value of GDP in Venezuela dropped €48,507 $89,241 million with respect to 2014. 01% increase from 2013. dollars in 2020, down from a 2012 peak of 372. Gross domestic Oct 24, 2024 · The gross domestic product (GDP) per capita in Venezuela was forecast to continuously increase between 2024 and 2025 by in total 0. dollars from 3,529. D. 7% Venezuela World; Position in the ranking of countries : GDP [US$] 482,359,318,767: Gross domestic product (PPP) per capita. 41 U. 51 percent). 51% decline from 2010. Please ADD this page in your FAVORITES - - - - - Venezuela economic growth for 2014 was $482. 2T ranked the 15th largest economy in the world, while Venezuela ranked 27th with $482. Free and open access to global development data. 40 trillion and its per capita GDP is $34,260. dollars) The Gross Domestic Product (GDP) in Venezuela expanded 4 percent in the fourth quarter of 2023 over the same quarter of the previous year. 67% increase from 2010. 9B. 01 percentage points. For more GDP per capita information, visit our dedicated page . 59 U. 01 (2014 GDP per capita (current US$) in Venezuela was reported at 15944 USD in 2014, according to the World Bank collection of development indicators, compiled from officially recognized sources. The GDP figure in 2018 was €86,349 $102,021 million, Venezuela is number 72 in the ranking of GDP of the 196 countries that we publish. 78% in the Second Quarter of 2024”: Central Bank Reports The President of the Republic, Nicolás Maduro Moros, recently announced that Venezuela’s Gross Domestic Product (GDP) experienced a remarkable 8. [2] Nov 27, 2024 · GDP per capita of Venezuela in nominal and ppp terms. Venezuela, with a population of 28,199,867 people, it is ranked at 52º position by population of 196 countries and it has a moderate population density, 31 people per km2. 0 Annual percentage growth rate of GDP at market prices based on constant local currency. 7% in 2018 compared to last year. Institutional and Legal Setting (Rank: 38th/58 Score: 57/100) Venezuela's GDP Per Capita is 16055. California has the largest state economy in America, with an output nearly equal to India, the 5th largest economy in the world. Venezuela economic growth for 2011 was $316. 8, making its economy the 174th freest in the 2023 Index. 01% increase from In 2019, Venezuela’s estimated gross domestic product (GDP) per capita dropped to 2,624. 65 current USD. It's capital is Caracas and its currency is Venezuelan bolivar fuerteVenezuela is holding the 72 position by nominal GDP. Evolution: GDP per capita Venezuela. Competitiveness Rank in Venezuela averaged 119. Nov 27, 2024 · GDP of Venezuela in nominal and ppp terms. Explore the diverse and vibrant landscape of Venezuela, a South American nation renowned for its stunning natural beauty, including the towering Angel Falls, the world’s highest waterfall. dollars) The Gross Domestic Product (GDP) in Venezuela contracted 26. 08 percent from 1997 until 2019, reaching an all time high of 26. GDP (current US$) Most recent value (2014 billion) Venezuela, RB 482. 63%, a 1. Jan 10, 2025 · Key figures and rankings about companies and products. GDP growth (annual %) - Venezuela, RB from The World Bank: Data Data for Venezuela, RB, World from The World Bank: Data. Dollars, Annual, Not Seasonally Adjusted 1960 to 2014 (2023-12-19) Purchasing Power Parity over GDP for Venezuela The Gross Domestic Product per capita in Venezuela was last recorded at 17131. 26 trillion by 2023. 79 billion U. 9% decline from 2012. 40 percent in the first quarter of 2003. The GDP per capita of Venezuela in 2010 was €8,410 $11,158, €1,550 $1,600 higher than in 2009, it was €6,860 Oct 24, 2024 · The gross domestic product (GDP) in current prices in Venezuela was forecast to continuously increase between 2024 and 2025 by in total 3. World Bank national accounts data, and OECD National Accounts data files. Venezuela performs most strongly in Natural Environment and Social Capital but is weakest in Enterprise Conditions. 5% growth during the first three months of 2024, marking the 14th consecutive quarter of economic expansion. Currency : Bolivar (VEB) = 100 Centimos GDP (Gross Domestic Product), 2002 : 94. 70 percent in the first quarter of 2019 over the previous quarter. GDP per capita GDP per capita, PPP (current international $) in Venezuela was reported at 18102 USD in 2014, according to the World Bank collection of development indicators, compiled from officially recognized sources. The regime, led by Nicolás Maduro of the Partido Socialista Unido de Venezuela (PSUV), will retain power in the 2024-28 forecast period owing to its strict control over the security apparatus and a patronage system that rewards high-ranking officials and punishes dissent. Expenditure (% of GDP) Export Diversification Index; Exports as a percentage of GDP; Financial Development Index; Fiscal balance, % of GDP; Fragile States Index: Rank; Freedom House: Civil Liberties Rating (1 = most free; 7 = least free) GCI 4. Data. 444 Oct 29, 2024 · The United States (1,6) is present in both lists of the top ten GDP and GDP per capita rankings in nominal terms. GDP per capita; Foreign aid given per capita vs. This is a list of Latin American and Caribbean countries by gross domestic product Rank Country GDP (nominal) Venezuela: 102,328: 3,867 11 Aug 14, 2024 · The petroleum industry, once the backbone of Venezuela’s economy, has been hit hard by these policies, along with ongoing political instability and widespread corruption within the ruling PSUV. Nominal GDP of USD 112 billion in 2021. Venezuela is the 133 most competitive nation in the world out of 140 countries ranked in the 2019 edition of the Global Competitiveness Report published by the World Economic Forum. Sep 5, 2017 · From 1950 to the early 1980s, the Venezuelan economy experienced steady growth. For example, Venezuela’s Exports rank is higher than (please wait) of the countries in the dataset. 38 USD in 1977 and a record low of 9830. 00 percent in 2020. 193-0. 9 trillion U. Mexico with a GDP of $1. Aggregates are based on constant 2010 U. Venezuela is ranked 31st out of 32 countries in the Americas region, and its overall score is much lower than the world and regional averages. NOTE: This time series graph shows the GDP Per Capita (PPP) of Venezuela based on our stored data from 2004 to 2024, taken from the CIA World fact books of the respective years. 01% increase from Browse a full set of economic indicators, selected by Global Finance editors, including real GDP growth rate, with latest forecasts and historical data, GDP per capita, GDP composition by sector, inflation and unemployment rates, public debt statistics and more. Updated as of 2020. 95% increase from 2011. The GDP per capita of Venezuela in 2005 was €4,356 $5,422, €888 $1,110 higher than in 2004, it was €3,468 $4,312. Venezuela gdp growth rate for 2012 was 5. Italy’s economy is expected to expand to $2. 72 trillion dollars, the USA is by far the world's largest economy in this ranking for 2023. 72 U. PILLAR RANKINGS. Jump to: Rank Comparisons 12 Economic Freedoms Scores over Time. Venezuela gdp for 2014 was $482. . 1 thousand U. # Nov 14, 2024 · The growth of the real gross domestic product (GDP) in Venezuela was forecast to continuously decrease between 2024 and 2025 by in total 0. Germany (3,17), Canada (9,19), Australia (14,12), the Netherlands (18,11), and Switzerland (20,2) are in the top twenty lists of GDP and GDP per capita. 01B, a 2. 11 percent of the world economy. 4B ranked the 27th largest economy in the world, while Sri Lanka ranked 65th with $88. 4B. Additionally, US sanctions have severely impacted Venezuela’s oil sector by restricting access to international markets and financial systems. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita. The United States with a GDP of $20. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy Jul 1, 2024 · Gross domestic product 2023 (millions of Ranking Economy US dollars) 1 United States 27,360,935 2 China 17,794,782 Nov 5, 2024 · Ranked: U. Venezuela is famously the country with the largest oil This is a list of Latin American and the Caribbean countries by gross domestic product at purchasing power parity in international dollars according to the International Monetary Fund's estimates in the October 2023 World Economic Outlook database. It is the sum of equity capital, reinvestment of earnings, and other capital. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. 45% increase from 2011. Gross national income (GNI, Inflation) and 20 percent of gross domestic product in 2010. Consumer & Brand reports Venezuela: Gross domestic product (GDP) per capita in current prices from 1985 to 2025 (in U. The GDP value of Venezuela represents 0. This page provides - Venezuela GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Facts and statistics about the GDP - real growth rate of Venezuela. 26 percent from 1998 until 2023, reaching an all time high of 36. This article includes a list of countries by their forecast estimated GDP (PPP). The absolute value of GDP in Venezuela rose €47,085 $49,657 million with respect to 2009. [5] The rankings of national economies over time have changed considerably; the economy of the United States surpassed the British Empire's output around 1916, [6] which in turn had surpassed the economy of the Qing dynasty in aggregate output decades earlier. 10 percent in 2004 and a record low of -30. The absolute value of GDP in Venezuela rose €10,199 $5,523 million with respect to 2000. GDP per Capita in Venezuela averaged 13344. Jan 2, 2025 · Visit the Definitions and Notes page to view a description of each topic. GDP, PPP (current international $) in Venezuela was reported at 543891085574 USD in 2014, according to the World Bank collection of development indicators, compiled from officially recognized sources. 00 in 2014 and a record low of 85. Venezuela - Inflation, GDP deflator (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on January of 2025. World Bank List of countries by GDP (nominal) ranked 30th biggest economy in the world (this citation should be reviewed, Venezuela has a blank entry in cited document, nor is the document from 2015). R. 48% increase from 2013. This page of GDP ranking of countries is based on figures from the 2005 CIA world factbook. Estimates by world bank since 1960 in nominal terms and since 1990 in ppp terms at current and constant prices. 20 percent in the second quarter of 2003 and a record low of -24. 8 % YoY in Mar 2019, following a negative growth of 20. 24% decline from 2013. 2 % in the previous quarter. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Estimates by world bank since 1961. 99 trillion, Italy is the eighth-largest economy in the world. Venezuela economy rankings: GDP - 27, GDP growth 5-year average - 181, GPD per capita - 58, economic freedom index - 195, business freedom index - 175 World Bank national accounts data, and OECD National Accounts data files. Dec 2, 2024 · Key figures and rankings about companies and products. Venezuela - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on January of May 20, 2024 · Disease burden from non-communicable diseases vs. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Evolution: GDP growth rate at constant prices Venezuela. 5T ranked the 1st largest economy in the world, while Venezuela ranked 27th with $482. Venezuela gdp growth rate for 2013 was 1. 39 US dollars in 2014, when adjusted by purchasing power parity (PPP). Venezuela economic growth for 2013 was $371. Inflation, GDP deflator (annual %) in Venezuela was reported at 748 % in 2017, according to the World Bank collection of development indicators, compiled from officially recognized sources. Venezuela with a GDP of $482. GDP per capita; Economic complexity rank vs. Government spending as a percentage of GDP in Venezuela in 2007 was 30%, smaller than other mixed economies such as France (49%) and Sweden (52%). GDP per capita (current US$) - Venezuela, RB from The World Bank: Data. GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Rankings Venezuela. Workers in Venezuela were among the highest paid in the region. As a rule the GDP data used to rank the countries is as of January 2005. Venezuela - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on January of 2025. 1% in 2002 to 28% in Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. GDP (current US$) in Venezuela was reported at 482359318768 USD in 2014, according to the World Bank collection of development indicators, compiled from officially recognized sources. GDP per capita (constant 2015 US$) in Venezuela was reported at 7697 USD in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. GDP per capita of USD 4,053 compared to the global average of USD 10,589. Venezuela - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on January of 2025. The GDP per capita of Venezuela in 2018 was €2,895 $3,421, €462 $371 less than in 2017, when it was €3,357 GDP, PPP (current international $) - Venezuela, RB from The World Bank: Data Venezuela had a GDP per capita of USD 4,053 in 2021, compared to USD 12,984 a decade earlier. 00 from 2007 until 2019, reaching an all time high of 134. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy. The GDP figure in 2001 was €137,465 $123,119 million, Venezuela is number 35 in the ranking of GDP of the 195 countries that we publish. All rights reserved. Key figures and rankings about companies and GDP (purchasing power parity) compares the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. Solid performance on the Reporting Practices com-ponent contrasted with a “failing” Enabling Environment score. dollars. By GDP 5-years average growth and GDP per capita, Venezuela and Sri Lanka ranked 181st vs 51st and 58th vs 120th, respectively. 18%, a 5. The GDP per capita of Venezuela in 2001 was €5,542 $4,964, €325 $143 higher than in 2000, it was €5,217 $4,821. The GDP per Capita in Venezuela is equivalent to 111 percent of the world's average. Consumer & Brand reports Venezuela: Gross domestic product (GDP) in current prices from 1986 to 2025 (in billion U. With a GDP of 27. the country's GDP has been on a continuous The Gross Domestic Product (GDP) in Venezuela was worth 111. The economic strength of a country is determined by its gross domestic product (GDP). The global median is 6637. 48B, a 19. It is calculated without making deductions for depreciation of fabricated assets or for GDP growth (annual %) - Venezuela, RB from The World Bank: Data GDP per capita (current US$) - Venezuela, RB from The World Bank: Data. The GDP figure in 2015 was €113,055 $125,449 million, Venezuela is number 58 in the ranking of GDP of the 196 countries that we publish. Venezuela gdp per capita for 2013 was $12,434, a 3. In other words, the amount of all income generated in the country from the sale of goods and services. GDP Annual Growth Rate in Venezuela averaged -1. Among Americas countries, Venezuela highest GDP ranking was 5th in 1961 and lowest ranking was 8th in 1996. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Macao SAR (-12), Lao P. Nov 28, 2024 · Gross domestic product (GDP) of Venezuela fell to 43. Key figures and rankings about companies GDP (current US$) - Venezuela, RB, Low & middle income. This rate is 40 -tenths of one percent less than the previous year, when changed -15. 48% increase from 2011. [189] According to official sources from the United Nations, the percentage of people below the national poverty line has decreased during the presidency of Hugo Chávez, from 48. 89%, a 5. (-12), Sri Lanka (-11), Afghanistan (-11) and Côte d'Ivoire (-10) are the biggest losers in the ranking. The absolute value of GDP in Venezuela rose €24,897 $31,121 million with respect to 2004. 0: Human capital; GDP growth (annual %) GDP per capita (current US$) GHG growth (annual %) GINI index The gross domestic product (GDP) by fiscal year in Venezuela was forecast to continuously increase between 2024 and 2025 by in total 3. 54 USD from 1960 until 2014, reaching an all time high of 15739. . The GDP per capita of Venezuela in 2018 was €2,895 $3,421, €462 $371 less than in 2017, when it was €3,357 Dec 2, 2024 · Key figures and rankings about companies and products. Key figures and rankings about © 2021 International Monetary Fund. The absolute value of GDP in Venezuela dropped €16,267 $13,862 million with respect to 2017. World Rank (out of countries) Status. Average real GDP growth of 9. Financial and trade information, plus best banks and safest banks rankings are also included. Venezuela’s Performance on the RGI Venezuela received a “partial” score of 56, ranking 20th out of 58 countries. soog kbm qidfua sgazgc bto dfcje yxdmw ugwjwfe ucpq gewob