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Venezuela Nominal GDP

1995 - 2015 | Yearly | USD mn | CEIC

Venezuela's Nominal GDP reached 958.8 USD bn in Dec 2015, compared with 482.4 USD bn in the previous year. Nominal GDP in Venezuela is updated yearly, available from Dec 1995 to Dec 2015, with an average number of 144.5 USD bn. The data reached an all-time high of 958.8 USD bn in Dec 2015 and a record low of 70.7 USD bn in Dec 1996. CEIC converts annual Nominal GDP into USD. The Central Bank of Venezuela provides Nominal GDP in local currency based on SNA 1993 with benchmark year 1997. Federal Reserve Board average market exchange rate is used for currency conversions. Nominal GDP prior to 1997 is based on SNA 1968 with previous benchmark year 1984.

In the latest reports, Venezuela's GDP contracted 8.8 % YoY in Dec 2015. Its GDP deflator (implicit price deflator) increased 110.8 % in Dec 2015. Venezuela's GDP Per Capita reached 31,312.7 USD in Dec 2015. Its Gross Savings Rate was measured at 3.4 % in Dec 2014.

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What was Venezuela's Nominal GDP in 2015?

Last Previous Min Max Unit Frequency Range

958,806.7

2015

482,359.3

2014

70,683.0

1996

958,806.7

2015

USD mn

yearly

1995 - 2015

Updated on 2017

View Venezuela's Nominal GDP from 1995 to 2015 in the chart:

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Nominal GDP: USD mn

Series Details
Series ID

212314602

Name

Nominal GDP: USD mn

Country

Venezuela

Frequency

Yearly

Unit

USD mn

Status

Active

Source

CEIC Generate

First Date

1995

Last Date

2015

Last Updated

19 May 2017

Statistics
Mean

233,624.84

Variance

42,795,041,820.01

Standard deviation

206,869.63

Skewness

2.35

Kurtosis

7.02

Coefficient variation

0.89

Median

144,478.74

Max
2015

NaN

Min
1996

NaN

Previous observation
2014

482,359.32

Last observation
2015

958,806.69

Number of Observations

21

Get This Data

More Countries for Nominal GDP

Country Last Previous Min Max Unit Frequency Range
Venezuela

958,806.7

2015

482,359.3

2014

70,683.0

1996

958,806.7

2015

USD mn

yearly

1995 - 2015

Updated on 2017

More Indicators for Venezuela

Indicator Last Previous Min Max Unit Frequency Range
Government Debt: % of GDP

12.7

2015

23.1

2014

12.7

2015

47.4

2003

%

yearly

1997 - 2015

Updated on 2017
Foreign Direct Investment

-558.0

Sep 2015

736.0

Jun 2015

-1,509.0

Jun 2009

3,061.0

Sep 1997

USD mn

quarterly

Mar 1994 - Sep 2015

Updated on Jan 2016
Total Imports Growth

-12.8

Oct 2014

16.0

Sep 2014

-69.7

Jan 2003

150.3

Jan 2004

%

monthly

Jan 1995 - Oct 2014

Updated on Jul 2016
Money Supply M2

5,611,770.21

Oct 2017

4,247,113.80

Sep 2017

8,246.99

May 1996

5,611,770.21

Oct 2017

USD mn

monthly

Jan 1996 - Oct 2017

Updated on Nov 2017
Forecast: Government Revenue

100,000,000,000.00

2022

31,306,342,267.24

2021

0.21

1988

100,000,000,000.00

2022

VEF bn

yearly

1988 - 2022

Updated on 2017
Motor Vehicle Production

2,850.00

Dec 2016

1,551.00

Jun 2016

1,551.00

Jun 2016

172,418.00

Dec 2007

Unit

semiannually

Dec 2001 - Dec 2016

Updated on Mar 2017
Teledensity: Fixed Line

24.43

2016

24.86

2015

1.65

1960

25.57

2013

Number

yearly

1960 - 2016

Updated on 2017
Real GDP Growth

-8.8

Dec 2015

-7.1

Sep 2015

-26.7

Mar 2003

36.1

Mar 2004

%

quarterly

Mar 1998 - Dec 2015

Updated on May 2016
Labour Productivity Growth

-6.45

2017

-11.48

2016

-11.48

2016

14.44

2004

%

yearly

1992 - 2017

Updated on 2017
Domestic Credit Growth

48.2

Sep 2011

43.1

Aug 2011

-99.8

Dec 1975

112.1

Jun 2006

%

monthly

Jan 1967 - Sep 2011

Updated on Sep 2017
Total Imports

3,634.0

Oct 2014

4,397.0

Sep 2014

397.8

Jan 2003

5,544.0

Nov 2012

USD mn

monthly

Jan 1994 - Oct 2014

Updated on Jul 2016
CPI: Food and Non Alcoholic Beverage Change

315.04

Dec 2015

304.05

Nov 2015

17.89

Aug 2012

315.04

Dec 2015

%

monthly

Jan 2009 - Dec 2015

Updated on Feb 2017
Forecast: Nominal GDP Per Capita

4,821.91

2022

5,164.27

2021

2,378.16

1989

11,541.88

2011

USD

yearly

1980 - 2022

Updated on 2017
Crude Oil: Exports

1,835.00

2016

1,974.20

2015

1,528.00

2013

2,243.90

1998

Barrel/Day th

yearly

1995 - 2016

Updated on 2017
Exports: Medicinal and Pharmaceutical Product

1,666.96

2015

3,836.66

2014

1,666.96

2015

136,698.02

2009

USD th

yearly

1995 - 2015

Updated on 2016
Public Consumption: % of GDP

12.9

2015

14.6

2014

11.1

2005

14.6

2014

%

yearly

1997 - 2015

Updated on 2017
Retail Sales Growth

12.6

Sep 2013

14.5

Aug 2013

-19.5

Feb 2010

51.9

Sep 2007

%

monthly

Jan 2005 - Sep 2013

Updated on Mar 2014
Equity Market Index

1,319.9

Nov 2017

681.3

Oct 2017

0.0

Jan 1994

1,319.9

Nov 2017

27Aug1997=1

monthly

Jan 1994 - Nov 2017

Updated on Nov 2017
Domestic Credit

68,892.5

Sep 2011

66,158.0

Aug 2011

7,330.7

Jul 2003

7,601,554.7

Nov 1978

USD mn

monthly

Jan 1966 - Sep 2011

Updated on Oct 2017
Non Performing Loans Ratio

0.1

Oct 2017

0.1

Sep 2017

0.1

Oct 2017

4.9

Feb 2004

%

monthly

Jan 2004 - Oct 2017

Updated on Nov 2017
Visitor Arrivals

789,000

2015

857,000

2014

337,000

2003

988,000

2012

Person

yearly

1995 - 2015

Updated on 2017
Core CPI Change

60.34

Dec 2013

60.93

Nov 2013

20.16

Oct 2012

60.93

Nov 2013

%

monthly

Dec 2008 - Dec 2013

Updated on Feb 2017
Forecast: Government Expenditure

100,000,000,000.00

2022

85,435,556,437.42

2021

0.29

1988

100,000,000,000.00

2022

VEF bn

yearly

1988 - 2022

Updated on 2017
Motor Vehicle Sales: Commercial Cars

1,000.00

Dec 2016

500.00

Jun 2016

500.00

Jun 2016

69,777.00

Dec 2012

Unit

semiannually

Dec 2005 - Dec 2016

Updated on Mar 2017
Crude Oil: Production

1,863.00

Oct 2017

1,907.00

Sep 2017

616.00

Jan 2003

2,995.00

Oct 2002

Barrel/Day th

monthly

Jan 2002 - Oct 2017

Updated on Nov 2017
Gold Production

1,500.00

2015

1,500.00

2014

1,500.00

2015

22,322.00

1997

kg

yearly

1990 - 2015

Updated on 2017
Household Debt: % of GDP

10.5

2015

11.5

2014

1.6

2004

11.5

2014

%

yearly

2004 - 2015

Updated on 2017
Gold Reserves

7,608.00

Sep 2017

7,499.00

Aug 2017

340.00

Dec 1950

21,269.00

Sep 2011

USD mn

monthly

Dec 1950 - Sep 2017

Updated on Nov 2017
Forecast: Government Net Debt

100,000,000,000.00

2022

55,434,869,059.04

2021

15.73

1998

100,000,000,000.00

2022

VEF bn

yearly

1998 - 2022

Updated on 2017
Motor Vehicle Sales: Passenger Cars

1,500.00

Dec 2016

500.00

Jun 2016

500.00

Jun 2016

267,932.00

Dec 2007

Unit

semiannually

Dec 2005 - Dec 2016

Updated on Mar 2017
GDP Deflator Growth

110.8

2015

40.4

2014

7.8

2009

110.8

2015

%

yearly

1998 - 2015

Updated on 2017
Unemployment Rate

7.33

Apr 2016

7.08

Mar 2016

5.53

Dec 2014

20.70

Feb 2003

%

monthly

Jan 1999 - Apr 2016

Updated on Jun 2016
Direct Investment Abroad

272.0

Sep 2015

369.0

Jun 2015

-2,951.0

Jun 2011

1,713.0

Mar 2011

USD mn

quarterly

Mar 1994 - Sep 2015

Updated on Oct 2016
Long Term Interest Rate

14.24

Dec 2016

14.49

Nov 2016

5.19

Dec 2006

84.20

Oct 1998

% pa

monthly

Jan 1984 - Dec 2016

Updated on Aug 2017
Total Exports

196.9

Oct 2014

168.7

Sep 2014

134.4

Aug 2013

755.9

Dec 2004

USD mn

monthly

Jan 1994 - Oct 2014

Updated on Jun 2016
External Debt: % of GDP

22.7

2014

33.0

2013

17.2

2008

48.6

2003

%

yearly

1997 - 2014

Updated on 2016
Producer Price Index Growth

52.0

Sep 2013

45.7

Aug 2013

5.4

Sep 2001

56.6

Jan 2003

%

monthly

Jan 1998 - Sep 2013

Updated on Mar 2014
Trade Balance

-3,437.1

Oct 2014

-4,228.3

Sep 2014

-5,319.9

Nov 2012

-60.7

Apr 2003

USD mn

monthly

Jan 1994 - Oct 2014

Updated on Sep 2016
Forecast: GDP PPP Per Capita

11,407.67

2022

11,472.00

2021

7,838.06

1980

18,607.46

2013

PPP Intl $

yearly

1980 - 2022

Updated on 2017
Natural Gas: Consumption

3.43

2016

3.34

2015

0.66

1965

3.51

2007

Cub ft/Day bn

yearly

1965 - 2016

Updated on 2017
Exchange Rate against USD

9.975

Nov 2017

9.975

Oct 2017

0.004

Jan 1964

9.976

Nov 2016

VEF/USD

monthly

Jan 1957 - Nov 2017

Updated on Dec 2017
Foreign Exchange Reserves

1,085.0

Sep 2017

1,347.0

Aug 2017

76.0

Sep 1962

32,581.0

Dec 2008

USD mn

monthly

Jan 1962 - Sep 2017

Updated on Nov 2017
Visitor Arrivals Growth

-7.9

2015

-13.1

2014

-26.0

2002

66.1

2012

%

yearly

1996 - 2015

Updated on 2017
Non-Performing Loans

2,320.44

Oct 2017

2,440.92

Sep 2017

176.22

Jun 2005

2,440.92

Sep 2017

USD mn

monthly

Jan 2004 - Oct 2017

Updated on Nov 2017
Forecast: Real GDP Growth

-1.30

2022

-1.40

2021

-16.46

2016

18.29

2004

%

yearly

1980 - 2022

Updated on 2017
Consolidated Fiscal Balance: % of GDP

-4.9

2012

-4.0

2011

-5.0

2009

3.0

2007

%

yearly

1998 - 2012

Updated on 2016
External Debt

110,878.0

Sep 2015

108,931.0

Jun 2015

33,589.0

Sep 1998

130,362.0

Mar 2013

USD mn

quarterly

Mar 1997 - Sep 2015

Updated on Jan 2017
Real Effective Exchange Rate

2,986.7

Oct 2017

2,700.8

Sep 2017

62.2

Jun 1994

2,986.7

Oct 2017

2005=100

monthly

Jan 1994 - Oct 2017

Updated on Nov 2017
Gross National Product

448,112.27

2014

336,349.47

2013

8,203.58

1960

448,112.27

2014

USD mn

yearly

1960 - 2014

Updated on 2017
Gross Savings Rate

3.4

2014

14.3

2013

3.4

2014

46.3

1974

%

yearly

1970 - 2014

Updated on 2016
Labour Force Participation Rate

62.7

Apr 2016

62.8

Mar 2016

62.6

Dec 2015

70.6

Oct 2003

%

monthly

Jan 1999 - Apr 2016

Updated on Jun 2016
Current Account Balance: % of GDP

-1.9

2015

0.7

2014

-14.6

1978

22.1

1974

%

yearly

1970 - 2015

Updated on 2017
M2 Growth

231.4

Apr/2017

205.8

Mar/2017

-3.7

Mar/2002

231.4

Apr/2017

%

monthly

Jan/1997 - Apr/2017

Updated on May/2017
Reserve Requirement Ratio

21.5

Sep 2017

21.5

Aug 2017

15.0

Jun 2007

21.5

Sep 2017

%

monthly

Jan 2004 - Sep 2017

Updated on Oct 2017
Private Consumption Expenditure

2,604,055.55

2016

1,162,914.93

2015

4,488.74

1964

2,604,055.55

2016

USD mn

yearly

1964 - 2016

Updated on 2017
Coal Production

0.20

2016

0.59

2015

0.03

1985

5.92

2004

TOE mn

yearly

1981 - 2016

Updated on 2017
Investment: % of GDP

42.1

2015

24.8

2014

10.2

1990

42.8

1978

%

yearly

1950 - 2015

Updated on 2017
Foreign Direct Investment: % of GDP

0.1

2014

0.7

2013

-2.5

1976

7.2

1997

%

yearly

1970 - 2014

Updated on 2016
Gross Fixed Capital Formation

378,778.52

2015

104,302.80

2014

11,154.96

1996

378,778.52

2015

USD mn

yearly

1995 - 2015

Updated on 2017
Forecast: Current Account Balance

-2.60

2022

-2.60

2021

-16.05

2015

31.30

2008

USD bn

yearly

1980 - 2022

Updated on 2017
Forecast: Unemployment Rate

37.87

2022

36.25

2021

6.70

2014

37.87

2022

%

yearly

1999 - 2022

Updated on 2017
Aluminum: Exports

104,411.34

2016

164,638.95

2015

104,411.34

2016

1,519,232.15

2008

USD th

yearly

1995 - 2016

Updated on 2017
Industrial Production Index Growth

0.8

Sep 2013

-1.7

Aug 2013

-64.8

Dec 2002

183.2

Dec 2003

%

monthly

Jan 1998 - Sep 2013

Updated on Nov 2017
External Debt: Short Term

30,212.0

Sep 2015

30,193.0

Jun 2015

6,682.0

Dec 2002

31,273.0

Mar 2013

USD mn

quarterly

Mar 1997 - Sep 2015

Updated on Jan 2017
Tourism Revenue

654

2015

707

2014

378

2003

1,097

2008

USD mn

yearly

1995 - 2015

Updated on 2017
Employed Persons

13,089,081.00

Apr 2016

13,127,644.00

Mar 2016

8,505,814.00

Feb 2000

13,607,057.00

Dec 2014

Person

monthly

Jan 1999 - Apr 2016

Updated on Mar 2017
Motor Vehicles Sales Growth

10.3

May 2017

-19.7

Apr 2017

-94.3

Mar 2016

128.9

Mar 2015

%

monthly

Jan 2008 - May 2017

Updated on Jun 2017
Forecast: Consumer Price Index Growth

4,684.85

2022

4,505.01

2021

6.24

1983

4,684.85

2022

%

yearly

1980 - 2022

Updated on 2017
Forecast: Exports of Goods Growth

-1.08

2022

-1.08

2021

-14.18

2009

16.66

1990

%

yearly

1983 - 2022

Updated on 2017
Imports: Telecommunication Equipment

375,194.92

2016

901,829.91

2015

201,480.44

1996

2,353,950.59

2008

USD th

yearly

1995 - 2016

Updated on 2017
Imports: Television

64,749.16

2016

170,420.40

2015

35,372.83

1996

439,443.28

2007

USD th

yearly

1995 - 2016

Updated on 2017
Number of Subscriber Mobile

27,600,893.00

2016

29,093,517.00

2015

0.00

1987

30,896,079.00

2013

Person

yearly

1960 - 2016

Updated on 2017
Oil Consumption

611.20

2016

648.28

2015

181.47

1966

791.64

2012

Barrel/Day th

yearly

1965 - 2016

Updated on 2017
Natural Gas: Imports

400.00

2015

950.00

2014

100.00

2007

1,877.00

2012

Cub m mn

yearly

2007 - 2015

Updated on 2017
Container Port Throughput

838,783.00

2016

734,185.00

2015

734,185.00

2015

1,535,149.00

2012

TEU

yearly

2008 - 2016

Updated on 2017
Liner Shipping Connectivity Index

7.94

2017

14.78

2016

7.94

2017

20.46

2008

2004=100

yearly

2004 - 2017

Updated on 2017
Imports: Medicament

74,648.15

2016

178,243.51

2015

3,453.54

1996

295,749.01

2013

USD th

yearly

1995 - 2016

Updated on 2017
Coal Consumption

0.07

2016

0.20

2015

0.00

2004

0.52

1989

TOE mn

yearly

1965 - 2016

Updated on 2017
GDP per Capita

31,312.67

2015

15,968.83

2014

961.46

1964

31,312.67

2015

USD

yearly

1960 - 2015

Updated on 2017
Private Consumption: % of GDP

121.3

2015

75.3

2014

40.0

1974

121.3

2015

%

yearly

1950 - 2015

Updated on 2017
Total Deposits

561,985.11

Oct 2017

447,898.12

Sep 2017

11,568.82

Mar 2005

561,985.11

Oct 2017

USD mn

monthly

Jan 2005 - Oct 2017

Updated on Nov 2017
Imports: ICT Goods

1,883,761.56

2013

3,627,729.72

2012

490,539.85

2003

4,810,213.59

2008

USD th

yearly

2000 - 2013

Updated on 2015
Exports: Telecommunication Equipment

3,622.53

2016

5,472.39

2015

2,315.27

1995

15,874.29

2002

USD th

yearly

1995 - 2016

Updated on 2017
Exports: Television

776.53

2016

910.98

2015

76.33

1999

7,622.84

2009

USD th

yearly

1995 - 2016

Updated on 2017
Number of Subscriber Fixed Line

7,752,232.00

2016

7,780,096.00

2015

125,000.00

1960

7,808,524.00

2014

Unit

yearly

1960 - 2016

Updated on 2017
Teledensity: Mobile

86.99

2016

92.97

2015

0.00

1987

102.05

2012

Number

yearly

1960 - 2016

Updated on 2017
Natural Gas Production: OPEC: Marketed Production

27,718.00

2016

26,004.40

2015

18,430.00

2009

31,710.00

2001

Cub m mn

yearly

1995 - 2016

Updated on 2017
Imports: Medicinal and Pharmaceutical Product

30,060.23

2016

70,924.34

2015

6,702.87

1996

111,876.60

2012

USD th

yearly

1995 - 2016

Updated on 2017
Minerals Production

172,086,883.00

2015

174,381,952.00

2014

170,090,921.00

2013

191,207,107.00

2012

Metric Ton

yearly

2009 - 2015

Updated on 2017
National Government Debt

105,131.7

2016

121,952.0

2015

25,863.7

1997

121,952.0

2015

USD mn

yearly

1996 - 2016

Updated on 2017
Current Account Balance

-5,113.0

Dec 2015

-5,050.0

Sep 2015

-6,580.0

Dec 2008

15,700.0

Sep 2008

USD mn

quarterly

Mar 1994 - Dec 2015

Updated on May 2016
Electricity Production

10,886

Dec 2012

11,096

Nov 2012

6,605

Feb 2003

11,281

Oct 2012

GWh

monthly

Jan 2003 - Dec 2012

Updated on Apr 2014
External Debt: Short Term: % of GDP

6.3

2014

8.1

2013

6.3

2009

10.0

2010

%

yearly

1997 - 2014

Updated on 2016
Liquid Assets Ratio

47.4

Oct 2017

44.6

Sep 2017

17.5

Jan 2006

47.4

Oct 2017

%

monthly

Jan 2005 - Oct 2017

Updated on Nov 2017
Household Debt

497,532.5

Oct 2017

409,451.0

Sep 2017

1,159.0

Mar 2004

497,532.5

Oct 2017

USD mn

monthly

Jan 2004 - Oct 2017

Updated on Nov 2017
Motor Vehicles Sales

279

May 2017

224

Apr 2017

157

Jan 2017

52,658

Nov 2007

Unit

monthly

Jan 2007 - May 2017

Updated on Jun 2017
Foreign Exchange Reserves: Months of Import

0.5

Oct 2014

0.6

Sep 2014

0.3

May 2012

20.8

Jun 2003

NA

monthly

Jan 1994 - Oct 2014

Updated on Aug 2017
Foreign Portfolio Investment

-265.00

Sep 2015

-722.00

Jun 2015

-3,153.00

Jun 2006

4,479.00

Dec 2009

USD mn

quarterly

Mar 1997 - Sep 2015

Updated on Sep 2016
Total Exports Growth

37.5

Oct 2014

20.9

Sep 2014

-69.4

Jan 2009

129.2

May 2011

%

monthly

Jan 1995 - Oct 2014

Updated on Jun 2016
Tourism Revenue Growth

-7.5

2015

-23.7

2014

-39.3

1997

46.6

2004

%

yearly

1996 - 2015

Updated on 2017
Nominal GDP Growth

98.77

2015

34.97

2014

4.38

2009

98.77

2015

%

yearly

1998 - 2015

Updated on 2017
Public Consumption Expenditure

282,133.26

2016

123,969.16

2015

971.95

1964

282,133.26

2016

USD mn

yearly

1964 - 2016

Updated on 2017
Money Supply M1

5,571,551.04

Oct 2017

4,214,291.73

Sep 2017

3,166.39

May 1996

5,571,551.04

Oct 2017

USD mn

monthly

Jan 1996 - Oct 2017

Updated on Nov 2017
Foreign Exchange Reserves: % of GDP

0.53

2015

0.77

2014

0.53

2015

18.69

2003

%

yearly

1997 - 2015

Updated on 2017
Forecast: Population

33.37

2022

32.99

2021

14.95

1980

33.37

2022

Person mn

yearly

1980 - 2022

Updated on 2017
Motor Vehicle Registered

4,510.00

2015

4,400.00

2014

3,279.00

2005

5,060.00

2012

Unit th

yearly

2005 - 2015

Updated on 2017
Exports: ICT Goods

1,256.19

2013

502.87

2012

502.87

2012

18,015.68

2002

USD th

yearly

2000 - 2013

Updated on 2015