Real GDP growth, %
Since 1995 · lighter bars = IMF projection
Macro
Venezuela
Latin America & Caribbean · Lower middle income · IMF WEO April 2026 · World Bank WDI
GDP▼ 17.3%
Current prices2025
100USD bn
GDP per capita▼ 17.7%
Current prices2025
3,736USD
Real GDP growth▼ 3.8 pp
Annual change2025
1.5%
Inflation▲ 202.6 pp
Average consumer prices2025
252.0%
Unemployment▲ 7.7 pp
Rate2018
35.6%
Government debt▲ 139.6 pp
General government, gross2025
308.7% of GDP
Current account▼ 1.5 pp
Balance2025
2.6% of GDP
Population▲ 0.4%
Total2025
26.67million
Inflation, %
Average consumer prices · lighter bars = IMF projection
IMF outlook
IMF World Economic Outlook April 2026 · italics = IMF projection
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|
| Real GDP growth % | 1.0 | 8.0 | 4.0 | 5.3 | 1.5 | 4.0 | 6.0 | – | – | – |
| Inflation, average consumer prices % | 1,588.5 | 186.5 | 337.5 | 49.4 | 252.0 | 387.4 | 94.4 | – | – | – |
| Unemployment rate % | – | – | – | – | – | – | – | – | – | – |
| GDP, current prices USD bn | 57 | 89 | 102 | 121 | 100 | 111 | 118 | – | – | – |
| GDP per capita, current prices USD | 2,052 | 3,307 | 3,829 | 4,539 | 3,736 | 4,140 | 4,351 | – | – | – |
| GDP per capita, PPP Int. USD | 6,129 | 7,266 | 7,889 | 8,570 | 8,911 | 9,461 | 10,167 | – | – | – |
| General government gross debt % of GDP | 254.2 | 164.4 | 138.5 | 169.1 | 308.7 | – | – | – | – | – |
| General government net lending/borrowing % of GDP | -5.8 | -5.3 | -1.2 | -3.7 | -5.8 | – | – | – | – | – |
| Current account balance % of GDP | -0.9 | 4.0 | 5.8 | 4.1 | 2.6 | 7.1 | 4.8 | – | – | – |
| Population million | 27.59 | 26.92 | 26.74 | 26.56 | 26.67 | 26.89 | 27.10 | – | – | – |
Government debt, % of GDP
General government gross debt
Current account, % of GDP
Balance of payments
Economic structure
Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
| Year | Structure | Agriculture | Industry | Manufacturing | Services |
|---|---|---|---|---|---|
| 1995 | 0.0 | 0.0 | 0.0 | 0.0 | |
| 2005 | 0.0 | 0.0 | 0.0 | 0.0 | |
| 2011 | 0.0 | 0.0 | 0.0 | 0.0 |
Income, trade and society
World Bank WDI · change over 10 years
| Indicator | Latest | Unit | Year | 10Y change |
|---|---|---|---|---|
| GNI per capita, Atlas method | 3,860 | USD | 2025 | -26.9% |
| GNI, Atlas method | 110 | USD bn | 2025 | -31.9% |
| Exports of goods and services | 14.9 | % of GDP | 2025 | -25.9 pp |
| Imports of goods and services | 10.1 | % of GDP | 2025 | -9.5 pp |
| Life expectancy at birth | 72.7 | years | 2024 | -0.2% |
| Urban population | 89.3 | % of total | 2025 | +0.4 pp |
Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)