Venezuela Nominal GDP Growth

1998 - 2017 | Yearly | % | CEIC Data

Key information about Venezuela Nominal GDP Growth

  • Venezuela Nominal GDP Growth was reported at 615.154 % in Dec 2017.
  • This records an increase from the previous number of 249.514 % for Dec 2016.
  • Venezuela Nominal GDP Growth data is updated yearly, averaging 33.863 % from Dec 1998 to 2017, with 20 observations.
  • The data reached an all-time high of 615.154 % in 2017 and a record low of 4.379 % in 2009.
  • Venezuela Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Annual.

CEIC calculates annual Nominal GDP Growth from annual Nominal GDP. The Central Bank of Venezuela provides Nominal GDP in local currency.

View Venezuela's Nominal GDP Growth from 1998 to 2017 in the chart:

Venezuela Nominal GDP Growth

What was Venezuela's Nominal GDP Growth in 2017?

Venezuela Nominal GDP Growth was reported at 615.154 % in Dec 2017. See the table below for more data.

Last Previous Min Max Unit Frequency Range
615.154 2017 249.514 2016 4.379 2009 615.154 2017 % yearly 1998 - 2017

Nominal GDP Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 8.120 Mar 2024 quarterly Mar 2009 - Mar 2024
Algeria (%) 6.213 Mar 2024 quarterly Mar 2000 - Mar 2024
Argentina (%) 169.925 Dec 2023 quarterly Mar 1994 - Dec 2023
Armenia (%) 7.035 Jun 2024 quarterly Dec 1995 - Jun 2024
Australia (%) 4.372 Jun 2024 quarterly Sep 1960 - Jun 2024
Austria (%) 6.545 Jun 2023 quarterly Mar 1996 - Jun 2023
Azerbaijan (%) -4.162 Mar 2024 quarterly Mar 2002 - Mar 2024
Bahrain (%) 3.365 Mar 2024 quarterly Mar 2008 - Mar 2024
Bangladesh (%) 12.407 2024 yearly 2007 - 2024
Belarus (%) 15.664 Mar 2024 quarterly Mar 1995 - Mar 2024
Belgium (%) 4.072 Jun 2024 quarterly Mar 1981 - Jun 2024
Bolivia (%) 0.615 Mar 2024 quarterly Mar 1991 - Mar 2024
Bosnia and Herzegovina (%) 3.767 Mar 2024 quarterly Mar 2009 - Mar 2024
Botswana (%) -3.283 Mar 2024 quarterly Sep 1994 - Mar 2024
Brazil (%) 6.814 Jun 2024 quarterly Mar 1991 - Jun 2024
Brunei (%) 1.515 Mar 2024 quarterly Mar 2005 - Mar 2024
Bulgaria (%) 11.071 Jun 2024 quarterly Mar 1996 - Jun 2024
Cambodia (%) 8.798 2022 yearly 1994 - 2022
Canada (%) 4.866 Jun 2024 quarterly Mar 1958 - Jun 2024
Chile (%) 8.288 Jun 2024 quarterly Mar 1991 - Jun 2024
China (%) 3.972 Jun 2024 quarterly Mar 1993 - Jun 2024
Colombia (%) 3.506 Mar 2024 quarterly Mar 2001 - Mar 2024
Croatia (%) 8.893 Jun 2024 quarterly Mar 1996 - Jun 2024
Cyprus (%) 6.627 Mar 2024 quarterly Mar 1996 - Mar 2024
Czech Republic (%) 4.791 Jun 2024 quarterly Mar 1996 - Jun 2024
Denmark (%) 1.942 Jun 2024 quarterly Mar 1991 - Jun 2024
Ecuador (%) 2.218 Mar 2024 quarterly Mar 1992 - Mar 2024
Egypt (%) 36.681 Dec 2023 quarterly Sep 2002 - Dec 2023
Estonia (%) 2.792 Jun 2024 quarterly Mar 1996 - Jun 2024
European Union (%) 3.973 Jun 2024 quarterly Mar 1996 - Jun 2024
Finland (%) 0.585 Jun 2024 quarterly Mar 1991 - Jun 2024
France (%) 3.192 Jun 2024 quarterly Mar 1950 - Jun 2024
Georgia (%) 7.641 Dec 2023 quarterly Mar 1997 - Dec 2023
Germany (%) 3.600 Jun 2024 quarterly Mar 1961 - Jun 2024
Ghana (%) 25.752 Mar 2024 quarterly Mar 2007 - Mar 2024
Greece (%) 5.123 Jun 2024 quarterly Mar 1996 - Jun 2024
Hong Kong SAR, China (%) 7.581 Jun 2024 quarterly Mar 1974 - Jun 2024
Hungary (%) 9.878 Jun 2024 quarterly Mar 1996 - Jun 2024
Iceland (%) 4.332 Jun 2024 quarterly Mar 1996 - Jun 2024
India (%) 9.666 Jun 2024 quarterly Jun 1997 - Jun 2024
Indonesia (%) 5.995 Jun 2024 quarterly Mar 1994 - Jun 2024
Iran (%) 35.070 Mar 2024 quarterly Jun 1989 - Mar 2024
Ireland (%) -1.208 Jun 2024 quarterly Mar 1996 - Jun 2024
Israel (%) 3.586 Jun 2024 quarterly Mar 1996 - Jun 2024
Italy (%) 1.999 Jun 2024 quarterly Mar 1981 - Jun 2024
Ivory Coast (%) 681.695 Mar 2023 quarterly Mar 1998 - Mar 2023
Japan (%) 2.165 Jun 2024 quarterly Mar 1981 - Jun 2024
Jordan (%) 4.186 Mar 2024 quarterly Mar 1993 - Mar 2024
Kazakhstan (%) 15.632 Dec 2023 quarterly Mar 1995 - Dec 2023
Kenya (%) 11.651 Mar 2023 quarterly Mar 2010 - Mar 2023
South Korea (%) 7.226 Jun 2024 quarterly Mar 1961 - Jun 2024
Kosovo (%) 8.225 Mar 2024 quarterly Mar 2011 - Mar 2024
Kuwait (%) -1.634 Mar 2024 quarterly Mar 2011 - Mar 2024
Kyrgyzstan (%) 18.207 Dec 2023 quarterly Mar 2001 - Dec 2023
Laos (%) 23.128 2023 yearly 1985 - 2023
Latvia (%) 3.364 Jun 2024 quarterly Mar 1996 - Jun 2024
Lebanon (%) 19.333 2020 yearly 1998 - 2020
Lithuania (%) 6.387 Jun 2024 quarterly Mar 1996 - Jun 2024
Luxembourg (%) 2.967 Jun 2024 quarterly Mar 1996 - Jun 2024
Macau SAR, China (%) 7.805 Jun 2024 quarterly Mar 1999 - Jun 2024
North Macedonia (%) 7.276 Jun 2024 quarterly Mar 2001 - Jun 2024
Malawi (%) 10.386 2021 yearly 2003 - 2021
Malaysia (%) 7.452 Jun 2024 quarterly Mar 1992 - Jun 2024
Malta (%) 7.622 Jun 2024 quarterly Mar 2001 - Jun 2024
Mauritius (%) 9.548 Mar 2024 quarterly Mar 2000 - Mar 2024
Mexico (%) 6.070 Jun 2024 quarterly Mar 1994 - Jun 2024
Moldova (%) 5.873 Mar 2024 quarterly Mar 1996 - Mar 2024
Mongolia (%) 22.032 Jun 2024 quarterly Mar 2001 - Jun 2024
Montenegro (%) 9.881 Mar 2024 quarterly Mar 2011 - Mar 2024
Morocco (%) 3.789 Mar 2024 quarterly Mar 2008 - Mar 2024
Mozambique (%) 11.026 2023 yearly 1964 - 2023
Nepal (%) 6.662 2024 yearly 2002 - 2024
Netherlands (%) 6.014 Jun 2024 quarterly Mar 1989 - Jun 2024
New Zealand (%) 4.367 Mar 2024 quarterly Jun 1988 - Mar 2024
Nigeria (%) 16.939 Jun 2024 quarterly Mar 2011 - Jun 2024
Norway (%) 4.266 Jun 2024 quarterly Mar 1979 - Jun 2024
Oman (%) 0.765 Mar 2024 quarterly Mar 2006 - Mar 2024
Pakistan (%) 26.432 2024 yearly 2001 - 2024
Palestinian Territory (%) -34.617 Mar 2024 quarterly Mar 2001 - Mar 2024
Panama (%) 3.051 Mar 2024 quarterly Mar 2008 - Mar 2024
Paraguay (%) 6.590 Mar 2024 quarterly Mar 1995 - Mar 2024
Peru (%) 5.953 Dec 2022 quarterly Mar 1991 - Dec 2022
Philippines (%) 10.136 Jun 2024 quarterly Mar 1982 - Jun 2024
Poland (%) 5.173 Jun 2024 quarterly Mar 1996 - Jun 2024
Portugal (%) 10.841 Dec 2022 quarterly Mar 1996 - Dec 2022
Qatar (%) -10.389 Dec 2023 quarterly Mar 2012 - Dec 2023
Romania (%) 9.390 Jun 2024 quarterly Mar 1996 - Jun 2024
Russia (%) 19.527 Mar 2024 quarterly Mar 1994 - Mar 2024
Saudi Arabia (%) 4.510 Jun 2024 quarterly Mar 2004 - Jun 2024
Serbia (%) 10.336 Mar 2024 quarterly Mar 1996 - Mar 2024
Singapore (%) 7.799 Jun 2024 quarterly Mar 1976 - Jun 2024
Slovakia (%) 7.440 Jun 2024 quarterly Mar 1996 - Jun 2024
Slovenia (%) 7.082 Mar 2024 quarterly Mar 1996 - Mar 2024
South Africa (%) 3.899 Mar 2024 quarterly Mar 1961 - Mar 2024
Spain (%) 6.185 Jun 2024 quarterly Mar 1971 - Jun 2024
Sri Lanka (%) 8.448 Mar 2024 quarterly Mar 2003 - Mar 2024
Sudan (%) 103.797 2020 yearly 1961 - 2020
Sweden (%) 4.356 Jun 2024 quarterly Mar 1981 - Jun 2024
Switzerland (%) 4.113 Dec 2022 quarterly Mar 1981 - Dec 2022
Syria (%) 113.698 2022 yearly 1971 - 2022

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Venezuela Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.9 2012 yearly 1998 - 2012
National Government Debt (USD mn) 105,131.7 2016 yearly 1996 - 2016
Government Debt: % of GDP (%) 3.5 2016 yearly 1997 - 2016
Forecast: Government Expenditure (VED bn) 409.123 2023 yearly 2018 - 2023
Forecast: Government Net Debt (VED bn) 1,025.990 2022 yearly 2018 - 2022
Forecast: Government Revenue (VED bn) 38.363 2022 yearly 2019 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 14.278 2024 yearly 1983 - 2024
Trade Balance (USD mn) -3,437.1 Oct 2014 monthly Jan 1994 - Oct 2014
Total Exports (USD mn) 196.9 Oct 2014 monthly Jan 1994 - Oct 2014
Total Exports Growth (%) 37.5 Oct 2014 monthly Jan 1995 - Oct 2014
Aluminum: Exports (USD th) 28,144.198 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,928.464 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 3,700.976 2022 yearly 1995 - 2022
Total Imports (USD mn) 3,634.0 Oct 2014 monthly Jan 1994 - Oct 2014
Total Imports Growth (%) -12.8 Oct 2014 monthly Jan 1995 - Oct 2014
Imports: Medicament (USD th) 381,424.669 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 162,048.898 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 513.797 May 2024 monthly Jan 1981 - May 2024
Total Imports from USA (USD mn) 248.095 May 2024 monthly Jan 1981 - May 2024
Total Exports to China (USD mn) 125.929 May 2024 monthly Jan 2000 - May 2024
Total Imports from China (USD mn) 470.866 May 2024 monthly Jan 2000 - May 2024
Exports: ytd: Netherlands (USD mn) 210.219 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mexico (USD mn) 31.886 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mineral Product (USD mn) 577.323 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Ecuador (USD mn) 8.988 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Colombia (USD mn) 240.059 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Electrical Equipment (USD mn) 19.331 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Chemical Product (USD mn) 1,016.192 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Metal (USD mn) 227.068 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: United States (USD mn) 647.531 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Transportation (USD mn) 143.917 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Plastic and Manufacturing Product (USD mn) 1,562.038 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Agricultural (Vegetal) (USD mn) 4,399.031 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Germany (USD mn) 862.891 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Food, Beverages and Tobacco (USD mn) 2,281.712 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: China (USD mn) 4,614.360 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Paper (USD mn) 610.290 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: United States (USD mn) 7,699.659 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Mineral (USD mn) 1,074.772 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Colombia (USD mn) 1,758.351 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Brazil (USD mn) 3,405.413 Oct 2014 monthly Jan 1998 - Oct 2014
Export Value Index (2015=100) 9.582 2021 yearly 1980 - 2021
Import Value Index (2015=100) 23.312 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 234.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Current Account Balance (USD mn) 2,533.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Current Account Balance: % of GDP (%) 0.0 2017 yearly 1970 - 2017
Foreign Direct Investment (USD mn) 105.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Foreign Direct Investment: % of GDP (%) -0.0 2017 yearly 1970 - 2017
Foreign Portfolio Investment (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Foreign Portfolio Investment: % of GDP (%) -0.0 2017 yearly 1997 - 2017
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Mar 2019 quarterly Mar 1997 - Mar 2019
Foreign Portfolio Investment: Debt Securities (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt (USD mn) 110,159.0 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: % of GDP (%) 0.6 2017 yearly 1997 - 2017
External Debt: Short Term (USD mn) 44,489.0 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Short Term: % of GDP (%) 0.2 2017 yearly 1997 - 2017
Forecast: Current Account Balance (USD bn) 3.318 2024 yearly 1980 - 2024
Net International Investment Position (USD mn) 110,721.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account (USD mn) -1,617.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Goods (USD mn) 5,680.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment: Liabilities (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment (USD mn) 585.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Services (USD mn) -1,663.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Reserves: Assets (USD mn) -325.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Other Investment (USD mn) -2,073.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Capital Account (USD mn) 0.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment: Assets (USD mn) 4.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Income (USD mn) -1,975.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Net Errors and Omissions (USD mn) -620.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Direct Investment (USD mn) -129.000 Mar 2019 quarterly Mar 1997 - Mar 2019
IIP: Assets (USD mn) 220,971.000 Mar 2019 quarterly Mar 1997 - Mar 2019
IIP: Liabilities (USD mn) 110,250.000 Mar 2019 quarterly Mar 1997 - Mar 2019
International Investment Position (IIP) (USD mn) 110,721.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Private: Total (USD mn) 18,645.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Public: Total (USD mn) 91,514.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.3 Jul 2018 monthly Jan 2004 - Jul 2018
Household Debt: % of GDP (%) 3.4 2017 yearly 2004 - 2017
Non-Performing Loans (USD mn) 6.427 Mar 2023 monthly Jan 2004 - Mar 2023
Money Supply M1 (USD mn) 3,529.832 Jul 2024 monthly Jan 1996 - Jul 2024
Money Supply M2 (USD mn) 3,533.531 Jul 2024 monthly Jan 1996 - Jul 2024
M2 Growth (%) 177.1 Jul 2024 monthly Jan 1997 - Jul 2024
Reserve Requirement Ratio (%) 73.0 Aug 2024 monthly Jan 2004 - Aug 2024
Foreign Exchange Reserves (USD mn) 10,766.0 Aug 2024 monthly Dec 1961 - Aug 2024
Foreign Exchange Reserves: % of GDP (%) 0.048 2017 yearly 1995 - 2017
Foreign Exchange Reserves: Months of Import (NA) 6.2 May 2024 monthly Jan 1981 - May 2024
Gold Reserves (USD mn) 4,273.368 Jul 2024 monthly Dec 1950 - Jul 2024
Total Deposits (USD mn) 159.256 Mar 2023 monthly Jan 2005 - Mar 2023
Total Deposits Growth (%) 344.5 Mar 2023 monthly Jan 2006 - Mar 2023
Domestic Credit (USD mn) 279,943.9 Aug 2014 monthly Jan 1966 - Aug 2014
Domestic Credit Growth (%) 70.2 Aug 2014 monthly Jan 1967 - Aug 2014
Household Debt (USD mn) 27.5 Mar 2023 monthly Jan 2004 - Mar 2023
Total Loans (USD mn) 881.730 Mar 2023 monthly Jan 2004 - Mar 2023
Total Loans Growth (%) 1,260.58 Mar 2023 monthly Jan 2005 - Mar 2023
Private Debt: % of Nominal GDP (%) 39.51 2014 yearly 1960 - 2014
International Reserve: Total (USD mn) 10,766.000 Aug 2024 monthly Jan 1996 - Aug 2024

More Indicators for Venezuela

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data