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Venezuela Real GDP Growth

1998 - 2019 | Quarterly | % | CEIC Data

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The Gross Domestic Product (GDP) in Venezuela contracted 26.8 % YoY in Mar 2019, following a negative growth of 20.2 % in the previous quarter. Real GDP Growth YoY data in Venezuela is updated quarterly, available from Mar 1998 to Mar 2019, with an average rate of 0.8 %. The data reached an all-time high of 36.1 % in Mar 2004 and a record low of -26.8 % in Mar 2019. CEIC calculates Real GDP Growth from quarterly Real GDP. The Central Bank of Venezuela provides Real GDP in local currency, at 1997 prices.

In the latest reports, Nominal GDP of Venezuela reached 20,139.5 USD bn in Dec 2017. Its GDP deflator (implicit price deflator) increased 748.1 % in Dec 2017. GDP Per Capita in Venezuela reached 684,960.4 USD in Dec 2017. Its Gross Savings Rate was measured at -17.8 % in Dec 2017.

What was Venezuela's Real GDP Growth in Mar 2019?

Last	Previous	Min	Max	Unit	Frequency	Range
-26.8 % Mar 2019 quarterly Mar 1998 - Mar 2019	-20.2 % Dec 2018 quarterly Mar 1998 - Mar 2019	-26.8 Mar 2019	36.1 Mar 2004	%	quarterly	Mar 1998 - Mar 2019 Updated on 18 Oct 2019

Real GDP Growth by Country Comparison

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Asia and Oceania

Europe and Central Asia

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North and South America

Country/Region	Last	Frequency	Range
Albania (%)	-0.6 Mar 2020	quarterly	Mar 2010 - Mar 2020
Algeria (%)	0.8 2019	yearly	2000 - 2019
Argentina (%)	-0.5 Dec 2019	quarterly	Mar 2005 - Dec 2019
Armenia (%)	3.8 Mar 2020	quarterly	Mar 2001 - Mar 2020
Australia (%)	1.4 Mar 2020	quarterly	Sep 1960 - Mar 2020
Austria (%)	-2.6 Mar 2020	quarterly	Mar 1989 - Mar 2020
Azerbaijan (%)	-0.5 Dec 2019	quarterly	Mar 2001 - Dec 2019
Bahrain (%)	-1.1 Mar 2020	quarterly	Mar 2009 - Mar 2020
Belarus (%)	-0.2 Mar 2020	quarterly	Mar 2006 - Mar 2020
Belgium (%)	-14.5 Jun 2020	quarterly	Mar 1996 - Jun 2020
Bolivia (%)	0.6 Mar 2020	quarterly	Mar 1991 - Mar 2020
Bosnia and Herzegovina (%)	2.0 Mar 2020	quarterly	Mar 2009 - Mar 2020
Botswana (%)	2.6 Mar 2020	quarterly	Mar 1995 - Mar 2020
Brazil (%)	-0.2 Mar 2020	quarterly	Mar 1997 - Mar 2020
Brunei (%)	2.4 Mar 2020	quarterly	Mar 2005 - Mar 2020
Bulgaria (%)	-8.2 Jun 2020	quarterly	Mar 1996 - Jun 2020
Cambodia (%)	7.1 2019	yearly	1994 - 2019
Canada (%)	-0.9 Mar 2020	quarterly	Mar 1962 - Mar 2020
Chile (%)	0.5 Mar 2020	quarterly	Mar 1987 - Mar 2020
China (%)	3.2 Jun 2020	quarterly	Mar 1992 - Jun 2020
Colombia (%)	-15.5 Jun 2020	quarterly	Mar 2001 - Jun 2020
Croatia (%)	0.4 Mar 2020	quarterly	Mar 1996 - Mar 2020
Cyprus (%)	-11.9 Jun 2020	quarterly	Mar 1996 - Jun 2020
Czech Republic (%)	-2.0 Mar 2020	quarterly	Mar 1997 - Mar 2020
Denmark (%)	-0.2 Mar 2020	quarterly	Mar 1992 - Mar 2020
Ecuador (%)	-2.4 Mar 2020	quarterly	Mar 1994 - Mar 2020
Egypt (%)	5.0 Mar 2020	quarterly	Sep 2002 - Mar 2020
Estonia (%)	4.0 Dec 2019	quarterly	Mar 1996 - Dec 2019
European Union (%)	-2.5 Mar 2020	quarterly	Mar 1996 - Mar 2020
Finland (%)	-4.4 Mar 2020	quarterly	Mar 1976 - Mar 2020
France (%)	-19.0 Jun 2020	quarterly	Mar 1950 - Jun 2020
Georgia (%)	2.2 Mar 2020	quarterly	Mar 1998 - Mar 2020
Germany (%)	-2.3 Mar 2020	quarterly	Mar 1992 - Mar 2020
Greece (%)	-0.9 Mar 2020	quarterly	Mar 1996 - Mar 2020
Hong Kong SAR, China (%)	-8.9 Jun 2020	quarterly	Mar 1991 - Jun 2020
Hungary (%)	-13.5 Jun 2020	quarterly	Mar 1996 - Jun 2020
Iceland (%)	-0.4 Mar 2020	quarterly	Mar 1996 - Mar 2020
India (%)	3.1 Mar 2020	quarterly	Jun 2005 - Mar 2020
Indonesia (%)	-5.3 Jun 2020	quarterly	Mar 1994 - Jun 2020
Iran (%)	-12.1 Mar 2019	quarterly	Jun 1989 - Mar 2019
Ireland (%)	5.3 Mar 2020	quarterly	Mar 1996 - Mar 2020
Israel (%)	0.7 Mar 2020	quarterly	Mar 1996 - Mar 2020
Italy (%)	-17.3 Jun 2020	quarterly	Mar 1982 - Jun 2020
Ivory Coast (%)	7.4 2018	yearly	1966 - 2018
Japan (%)	-1.9 Mar 2020	quarterly	Mar 1956 - Mar 2020
Jordan (%)	1.3 Mar 2020	quarterly	Mar 1993 - Mar 2020
Kazakhstan (%)	4.9 Dec 2019	quarterly	Mar 2006 - Dec 2019
Kenya (%)	5.1 Mar 2020	quarterly	Mar 2010 - Mar 2020
South Korea (%)	-3.0 Jun 2020	quarterly	Mar 1961 - Jun 2020
Kosovo (%)	1.3 Mar 2020	quarterly	Mar 2011 - Mar 2020
Kuwait (%)	0.4 2019	yearly	1971 - 2019
Kyrgyzstan (%)	4.5 Dec 2019	quarterly	Mar 2007 - Dec 2019
Laos (%)	6.2 2018	yearly	2003 - 2018
Latvia (%)	-9.6 Jun 2020	quarterly	Mar 1996 - Jun 2020
Lebanon (%)	-1.9 2018	yearly	2005 - 2018
Lithuania (%)	-3.7 Jun 2020	quarterly	Jun 1995 - Jun 2020
Luxembourg (%)	-0.2 Mar 2020	quarterly	Mar 1996 - Mar 2020
Macau SAR, China (%)	-48.7 Mar 2020	quarterly	Mar 2002 - Mar 2020
North Macedonia (%)	0.2 Mar 2020	quarterly	Mar 2001 - Mar 2020
Malawi (%)	4.0 2018	yearly	2003 - 2018
Malaysia (%)	-17.1 Jun 2020	quarterly	Mar 2001 - Jun 2020
Malta (%)	0.5 Mar 2020	quarterly	Mar 2001 - Mar 2020
Mauritius (%)	-2.0 Mar 2020	quarterly	Mar 2001 - Mar 2020
Mexico (%)	-18.9 Jun 2020	quarterly	Mar 1981 - Jun 2020
Moldova (%)	0.9 Mar 2020	quarterly	Mar 1996 - Mar 2020
Mongolia (%)	-10.7 Mar 2020	quarterly	Mar 2011 - Mar 2020
Montenegro (%)	2.7 Mar 2020	quarterly	Mar 2011 - Mar 2020
Morocco (%)	0.1 Mar 2020	quarterly	Mar 2008 - Mar 2020
Myanmar (%)	6.8 2018	yearly	2012 - 2018
Nepal (%)	2.3 2020	yearly	1961 - 2020
Netherlands (%)	-9.2 Jun 2020	quarterly	Mar 1997 - Jun 2020
New Zealand (%)	-0.2 Mar 2020	quarterly	Jun 1983 - Mar 2020
Nigeria (%)	1.9 Mar 2020	quarterly	Mar 2011 - Mar 2020
Norway (%)	1.8 Dec 2019	quarterly	Mar 1979 - Dec 2019
Oman (%)	-0.8 2019	yearly	1999 - 2019
Pakistan (%)	3.3 2019	yearly	2001 - 2019
Panama (%)	3.3 Dec 2019	quarterly	Mar 2008 - Dec 2019
Paraguay (%)	3.5 Mar 2020	quarterly	Mar 1995 - Mar 2020
Peru (%)	-3.4 Mar 2020	quarterly	Mar 1981 - Mar 2020
Philippines (%)	-16.3 Jun 2020	quarterly	Mar 1999 - Jun 2020
Poland (%)	1.7 Mar 2020	quarterly	Mar 1996 - Mar 2020
Portugal (%)	1.8 Jun 2019	quarterly	Mar 1996 - Jun 2019
Qatar (%)	0.9 Mar 2020	quarterly	Mar 2012 - Mar 2020
Romania (%)	-10.5 Jun 2020	quarterly	Mar 1996 - Jun 2020
Russia (%)	1.6 Dec 2019	quarterly	Mar 1996 - Dec 2019
Saudi Arabia (%)	-1.0 Mar 2020	quarterly	Mar 2011 - Mar 2020
Serbia (%)	4.5 Sep 2019	quarterly	Mar 1997 - Sep 2019
Singapore (%)	-13.2 Jun 2020	quarterly	Mar 1976 - Jun 2020
Slovakia (%)	-14.2 Jun 2020	quarterly	Mar 1994 - Jun 2020
Slovenia (%)	-3.4 Mar 2020	quarterly	Mar 1996 - Mar 2020
South Africa (%)	-0.3 Mar 2020	quarterly	Mar 1961 - Mar 2020
Spain (%)	-22.1 Jun 2020	quarterly	Mar 1996 - Jun 2020
Sri Lanka (%)	-1.6 Mar 2020	quarterly	Mar 2011 - Mar 2020
Sudan (%)	5.6 2018	yearly	1983 - 2018
Sweden (%)	-8.2 Jun 2020	quarterly	Mar 1982 - Jun 2020
Switzerland (%)	-1.5 Mar 2020	quarterly	Mar 1966 - Mar 2020
Syria (%)	-1.5 2017	yearly	1961 - 2017
Taiwan (%)	-0.2 Jun 2020	quarterly	Mar 1983 - Jun 2020
Tajikistan (%)	7.2 Sep 2019	quarterly	Mar 2000 - Sep 2019
Thailand (%)	-1.8 Mar 2020	quarterly	Mar 1994 - Mar 2020
Tunisia (%)	-1.5 Mar 2020	quarterly	Mar 2001 - Mar 2020
Turkey (%)	4.5 Mar 2020	quarterly	Mar 1999 - Mar 2020
Ukraine (%)	-1.3 Mar 2020	quarterly	Mar 2002 - Mar 2020
United Arab Emirates (%)	1.7 2019	yearly	2002 - 2019
United Kingdom (%)	-21.7 Jun 2020	quarterly	Mar 1956 - Jun 2020
United States (%)	-9.5 Jun 2020	quarterly	Mar 1948 - Jun 2020
Uruguay (%)	-1.4 Mar 2020	quarterly	Mar 1998 - Mar 2020
Venezuela (%)	-26.8 Mar 2019	quarterly	Mar 1998 - Mar 2019
Vietnam (%)	7.0 2019	yearly	2005 - 2019
Yemen (%)	-10.0 2017	yearly	1991 - 2017

Venezuela Key Series

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All Indicators

National Accounts

Production

Government and Public Finance

Demographic and Labour Market

Domestic Trade and Household Survey

Inflation

Foreign Trade

Balance of Payments

Monetary

Banking Statistics

Interest and Foreign Exchange Rates

Energy

Tourism

Financial Market

Transport and Telecommunications

National Accounts	Last	Frequency	Range
Nominal GDP (USD mn)	20,139,533.8 2017	yearly	1995 - 2017
Real GDP Growth (%)	-26.8 Mar 2019	quarterly	Mar 1998 - Mar 2019
Nominal GDP Growth (%)	615.154 2017	yearly	1998 - 2017
GDP per Capita (USD)	684,960.377 2017	yearly	1960 - 2017
GDP Deflator Growth (%)	748.1 2017	yearly	1998 - 2017
Private Consumption Expenditure (USD mn)	20,232,283.931 2017	yearly	1964 - 2017
Private Consumption: % of GDP (%)	100.5 2017	yearly	1950 - 2017
Public Consumption Expenditure (USD mn)	1,812,251.289 2017	yearly	1964 - 2017
Public Consumption: % of GDP (%)	9.0 2017	yearly	1997 - 2017
Investment: % of GDP (%)	-3.7 2017	yearly	1950 - 2017
Gross Fixed Capital Formation (USD mn)	3,315,395.379 2017	yearly	1995 - 2017
Gross National Product (USD mn)	17,922,461.992 2017	yearly	1960 - 2017
Gross Savings Rate (%)	-17.8 2017	yearly	1970 - 2017
Forecast: GDP PPP Per Capita (PPP Intl $)	10,797.621 2018	yearly	1980 - 2018
Forecast: Nominal GDP Per Capita (USD)	2,409.427 2021	yearly	1980 - 2021
Forecast: Real GDP Growth (%)	-5.000 2021	yearly	1980 - 2021
Total Trade of Goods & Services: % of Nominal GDP (%)	67.150 2017	yearly	1950 - 2017

Production	Last	Frequency	Range
Industrial Production Index Growth (%)	-20.6 Jan 2019	monthly	Jan 1998 - Jan 2019
Minerals Production (Metric Ton)	108,127,409.000 2018	yearly	2009 - 2018
Gold Production (kg)	480.000 2017	yearly	1990 - 2017
Motor Vehicle Production (Unit)	2,850.000 Dec 2016	semiannually	Dec 2001 - Dec 2016

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 (VES bn)	707.873 2018	yearly	2004 - 2018
Forecast: Government Net Debt (VES bn)	3,719.390 2018	yearly	2003 - 2018
Forecast: Government Revenue (VES bn)	84.962 2018	yearly	2004 - 2018
Central Government: Revenue (VEF th)	14,509,020.430 Sep 2010	monthly	Jan 1998 - Sep 2010
Central Government: Total Expenditure (VEF th)	16,709,455.438 Sep 2010	monthly	Jan 1998 - Sep 2010
Central Government: Total Expenditure: Current (VEF th)	14,273,749.052 Sep 2010	monthly	Jan 1998 - Sep 2010
Central Government: Capital Expenditure (VEF th)	2,245,157.870 Sep 2010	monthly	Jan 1998 - Sep 2010
Central Government: Net Lending (VEF th)	99,366.220 Sep 2010	monthly	Jan 1998 - Sep 2010
Central Government: Financial Deficit/Surplus (VEF th)	-2,299,801.227 Sep 2010	monthly	Jan 1998 - Sep 2010
Public Debt: Total (USD mn)	148,707.289 2016	yearly	1996 - 2016
Public Debt: Domestic: Total (USD mn)	101,945.968 2016	yearly	1996 - 2016
Public Debt: External (USD mn)	46,761.321 2016	yearly	1996 - 2016

Demographic and Labour Market	Last	Frequency	Range
Labour Force Participation Rate (%)	67.9 Dec 2018	monthly	Jan 1999 - Dec 2018
Employed Persons (Person)	15,011,108.000 Dec 2018	monthly	Jan 1999 - Dec 2018
Unemployment Rate (%)	6.35 Dec 2018	monthly	Jan 1999 - Dec 2018
Labour Productivity Growth (%)	-32.37 2019	yearly	1992 - 2019
Forecast: Population (Person mn)	24.770 2021	yearly	1980 - 2021
Forecast: Employment (Person mn)	0.000	yearly	-
Forecast: Unemployment Rate (%)	35.543 2018	yearly	1999 - 2018
Population: Projection (Person)	32,605,423.000 2020	yearly	1990 - 2020
Labour Force (Person)	23,618,830.000 Dec 2018	monthly	Jan 1999 - Dec 2018
Labour Force: Male: Employment (Person)	8,611,300.000 Dec 2018	monthly	Jan 1999 - Dec 2018
Labour Force: Female (Person)	11,903,437.000 Dec 2018	monthly	Jan 1999 - Dec 2018
Labour Force: Female: Employment (Person)	6,399,808.000 Dec 2018	monthly	Jan 1999 - Dec 2018
Labour Force: Employment (Person)	15,011,108.000 Dec 2018	monthly	Jan 1999 - Dec 2018
Labour Force: Male (Person)	11,715,393.000 Dec 2018	monthly	Jan 1999 - Dec 2018
Unemployment (Person)	1,018,421.000 Dec 2018	monthly	Jan 1999 - Dec 2018
Unemployment: Female (Person)	452,277.000 Dec 2018	monthly	Jan 1999 - Dec 2018
Unemployment: Male (Person)	566,144.000 Dec 2018	monthly	Jan 1999 - Dec 2018

Domestic Trade and Household Survey	Last	Frequency	Range
Retail Sales Growth (%)	-53.5 Jan 2019	monthly	Jan 2005 - Jan 2019
Motor Vehicles Sales (Unit)	279 May 2017	monthly	Jan 2007 - May 2017
Motor Vehicles Sales Growth (%)	10.3 May 2017	monthly	Jan 2008 - May 2017
Motor Vehicle Sales: Commercial Cars (Unit)	1,500.000 Dec 2019	semiannually	Dec 2005 - Dec 2019
Motor Vehicle Sales: Passenger Cars (Unit)	3,000.000 Dec 2019	semiannually	Dec 2005 - Dec 2019

Inflation	Last	Frequency	Range
Core CPI Change (%)	60.337 Dec 2013	monthly	Dec 2008 - Dec 2013
CPI: Food and Non Alcoholic Beverage Change (%)	2,064.879 May 2020	monthly	Jan 2009 - May 2020
Producer Price Index Growth (%)	258,323.1 Jan 2019	monthly	Jan 1998 - Jan 2019
Forecast: Consumer Price Index Growth (%)	15,000.000 2021	yearly	1980 - 2021
Consumer Price Index: Health (Dec2007=100)	37,551,857,230.700 May 2020	monthly	Jan 2008 - May 2020
Consumer Price Index: Transport (Dec2007=100)	29,802,090,284.000 May 2020	monthly	Jan 2008 - May 2020
Consumer Price Index: Education Services (Dec2007=100)	13,354,503,223.700 May 2020	monthly	Jan 2008 - May 2020
Consumer Price Index: Restaurants and Hotels (Dec2007=100)	57,902,861,616.300 May 2020	monthly	Jan 2008 - May 2020
Consumer Price Index (Dec2007=100)	42,404,519,909.600 May 2020	monthly	Dec 2007 - May 2020
Consumer Price Index: Core (Dec2007=100)	542.900 Dec 2013	monthly	Dec 2007 - Dec 2013
Consumer Price Index: Food and Nonalcoholic Beverages (Dec2007=100)	150,025,453,026.700 May 2020	monthly	Jan 2008 - May 2020
Consumer Price Index: Alcoholic Beverages and Tobacco (Dec2007=100)	224,770,191,574.900 May 2020	monthly	Jan 2008 - May 2020
Consumer Price Index: Clothes and Footwear (Dec2007=100)	7,527,144,576.400 May 2020	monthly	Jan 2008 - May 2020
Natural Gas: Sales Price (USD/1000 Cub ft)	0.810 2016	yearly	1996 - 2016

Foreign Trade	Last	Frequency	Range
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)	135,481.971 2018	yearly	1995 - 2018
Exports: Medicament (USD th)	10,567.549 2018	yearly	1995 - 2018
Exports: Medicinal and Pharmaceutical Product (USD th)	8,933.682 2018	yearly	1995 - 2018
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
Forecast: Exports of Goods Growth (%)	-1.184 2021	yearly	1983 - 2021
Imports: Medicament (USD th)	572,150.658 2018	yearly	1995 - 2018
Imports: Medicinal and Pharmaceutical Product (USD th)	200,359.341 2018	yearly	1995 - 2018
Total Exports to USA (USD mn)	8.088 Apr 2020	monthly	Jan 1981 - Apr 2020
Total Imports from USA (USD mn)	55.173 Apr 2020	monthly	Jan 1981 - Apr 2020
Total Imports from China (USD mn)	101.559 Apr 2020	monthly	Jan 2000 - Apr 2020
Annual: Trade Balance (USD mn)	-43,051.031 2013	yearly	1994 - 2013
Exports: ytd: Colombia (USD mn)	240.059 Oct 2014	monthly	Jan 1998 - Oct 2014
Exports: ytd: Ecuador (USD mn)	8.988 Oct 2014	monthly	Jan 1998 - Oct 2014
Exports: ytd: Mexico (USD mn)	31.886 Oct 2014	monthly	Jan 1998 - Oct 2014
Exports: ytd: Netherlands (USD mn)	210.219 Oct 2014	monthly	Jan 1998 - Oct 2014
Exports: ytd: United States (USD mn)	647.531 Oct 2014	monthly	Jan 1998 - Oct 2014
Exports: ytd: Mineral Product (USD mn)	577.323 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: Electrical Equipment (USD mn)	19.331 Oct 2014	monthly	Jan 1998 - Oct 2014
Exports: ytd: Transportation (USD mn)	143.917 Oct 2014	monthly	Jan 1998 - Oct 2014
Imports: ytd: Brazil (USD mn)	3,405.413 Oct 2014	monthly	Jan 1998 - Oct 2014
Imports: ytd: China (USD mn)	4,614.360 Oct 2014	monthly	Jan 1998 - Oct 2014
Imports: ytd: Colombia (USD mn)	1,758.351 Oct 2014	monthly	Jan 1998 - Oct 2014
Imports: ytd: Germany (USD mn)	862.891 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: United States (USD mn)	7,699.659 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: Paper (USD mn)	610.290 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: Mineral (USD mn)	1,074.772 Oct 2014	monthly	Jan 1998 - Oct 2014

Balance of Payments	Last	Frequency	Range
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: Debt Securities (USD mn)	581.000 Mar 2019	quarterly	Mar 1997 - Mar 2019
Foreign Portfolio Investment: Equity Securities (USD mn)	0.0 Mar 2019	quarterly	Mar 1997 - Mar 2019
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
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
Direct Investment Abroad (USD mn)	234.0 Mar 2019	quarterly	Mar 1994 - Mar 2019
External Debt: Short Term: % of GDP (%)	0.2 2017	yearly	1997 - 2017
Forecast: Current Account Balance (USD bn)	2.075 2021	yearly	1980 - 2021
Net International Investment Position (USD mn)	110,721.000 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
Balance of Payments: Financial Account: Portfolio Investment: Liabilities (USD mn)	581.000 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: Financial Account: Portfolio Investment (USD mn)	585.000 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: 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: Financial Account: Other Investment (USD mn)	-2,073.000 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: Reserves: Assets (USD mn)	-325.000 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
External Debt: Private: Total (USD mn)	18,645.000 Mar 2019	quarterly	Mar 1997 - Mar 2019
External Debt: Long Term (LT) (USD mn)	65,670.000 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
Money Supply M1 (USD mn)	722.569 Jul 2020	monthly	Jan 1996 - Jul 2020
Money Supply M2 (USD mn)	724.372 Jul 2020	monthly	Jan 1996 - Jul 2020
M2 Growth (%)	1,472.9 Jul 2020	monthly	Jan 1997 - Jul 2020
Non Performing Loans Ratio (%)	0.3 Jul 2018	monthly	Jan 2004 - Jul 2018
Household Debt: % of GDP (%)	3.4 2017	yearly	2004 - 2017
Reserve Requirement Ratio (%)	93.0 Jun 2020	monthly	Jan 2004 - Jun 2020
Non-Performing Loans (USD mn)	11.165 Jun 2020	monthly	Jan 2004 - Jun 2020
Foreign Exchange Reserves (USD mn)	3,330.0 Aug 2019	monthly	Jan 1962 - Aug 2019
Foreign Exchange Reserves: % of GDP (%)	0.009 2017	yearly	1995 - 2017
Foreign Exchange Reserves: Months of Import (NA)	0.5 Oct 2014	monthly	Jan 1994 - Oct 2014
Gold Reserves (USD mn)	6,764.000 Jun 2018	monthly	Dec 1950 - Jun 2018
Total Deposits Growth (%)	1,711.3 Jun 2020	monthly	Jan 2006 - Jun 2020
Total Deposits (USD mn)	73.215 Jun 2020	monthly	Jan 2005 - Jun 2020
Domestic Credit (USD mn)	279,935.0 Aug 2014	monthly	Jan 1966 - Aug 2014
Domestic Credit Growth (%)	70.2 Aug 2014	monthly	Jan 1967 - Aug 2014
Household Debt (USD mn)	11.7 Jun 2020	monthly	Jan 2004 - Jun 2020
Total Loans (USD mn)	162.611 Jun 2020	monthly	Jan 2004 - Jun 2020
Total Loans Growth (%)	1,181.534 Apr 2020	monthly	Jan 2005 - Apr 2020
Private Debt: % of Nominal GDP (%)	39.51 2014	yearly	1960 - 2014
International Reserve: Total (USD mn)	6,516.000 Jul 2020	monthly	Jan 1996 - Jul 2020

Banking Statistics	Last	Frequency	Range
Liquid Assets Ratio (%)	18.3 Jun 2020	monthly	Jan 2005 - Jun 2020

Interest and Foreign Exchange Rates	Last	Frequency	Range
Exchange Rate against USD (VES/USD)	225,169.910 Jul 2020	monthly	Jan 1957 - Jul 2020
Long Term Interest Rate (% pa)	13.66 Sep 2018	monthly	Jan 1999 - Sep 2018
Real Effective Exchange Rate (2005=100)	0.8 Feb 2019	monthly	Jan 1994 - Feb 2019
Foreign Exchange Rate: Euro (VES/EUR)	0.00 Aug 2018	monthly	Aug 2018 - Aug 2018
Foreign Exchange Rate: DICOM: Ask: Euro (VES/USD)	70.86 Aug 2018	monthly	Aug 2018 - Aug 2018
Weighted Average Nominal Interest Rate: 6 Main Commercial and Universal Banks: L... (% pa)	39.440 Jun 2020	monthly	Jan 1990 - Jun 2020
Weighted Average Nominal Interest Rate: 6 Main Commercial and Universal Banks: S... (% pa)	21.000 Jun 2020	monthly	Jan 1991 - Jun 2020
BCV: Maximum Mortgage Rate: High (% pa)	10.660 Jul 2014	monthly	Aug 2005 - Jul 2014
Real Effective Exchange Rate Index: BIS: 2010=100: Broad (2010=100)	0.680 Feb 2019	monthly	Jan 1994 - Feb 2019

Energy	Last	Frequency	Range
Electricity Production (GWh)	10,886 Dec 2012	monthly	Jan 2003 - Dec 2012
Natural Gas Production: OPEC: Marketed Production (Cub m mn)	20,559.000 2019	yearly	1960 - 2019
Natural Gas: Imports (Cub m mn)	0.000 2018	yearly	1975 - 2018
Natural Gas: Consumption (Cub ft/Day bn)	2.560 2019	yearly	1965 - 2019
Crude Oil: Production (Barrel/Day th)	356.000 Jun 2020	monthly	Jan 2002 - Jun 2020
Crude Oil: Exports (Barrel/Day th)	846.575 2019	yearly	1980 - 2019
Oil Consumption (Barrel/Day th)	355.767 2019	yearly	1965 - 2019
Coal Production (TOE mn)	0.165 2018	yearly	1981 - 2018
Coal Consumption (TOE mn)	0.101 2018	yearly	1965 - 2018

Tourism	Last	Frequency	Range
Visitor Arrivals (Person)	427,000 2017	yearly	1995 - 2017
Visitor Arrivals Growth (%)	-29.0 2017	yearly	1996 - 2017
Tourism Revenue (USD mn)	546 2016	yearly	1995 - 2016
Tourism Revenue Growth (%)	-16.5 2016	yearly	1996 - 2016
Tourist Arrival: International (Person)	109,314.000 Dec 2013	monthly	Jan 1998 - Dec 2013
Tourist Arrival: International: North America: United States (Person)	70,457.000 2013	yearly	2005 - 2013
Tourist Arrival: International: South America: Argentina (Person)	58,434.000 2013	yearly	2005 - 2013
Tourist Arrival: International: Southern Europe: Spain (Person)	61,157.000 2013	yearly	2005 - 2013
Tourist Arrival: International: Southern Europe: Italy (Person)	49,917.000 2013	yearly	2005 - 2013
Tourist Arrival: International: Western Europe: Germany (Person)	28,363.000 2013	yearly	2005 - 2013
Tourist Departure: Monthly (Person)	216,498.000 Dec 2013	monthly	Jan 1998 - Dec 2013
Tourist Departure: United States (Person)	346,387.000 2013	yearly	2005 - 2013
Tourist Departure: Colombia (Person)	171,983.000 2013	yearly	2005 - 2013
Tourist Departure: Spain (Person)	202,279.000 2013	yearly	2005 - 2013
Tourist Departure: Italy (Person)	93,384.000 2013	yearly	2005 - 2013
Tourist Departure: Peru (Person)	101,015.000 2013	yearly	2005 - 2013

Financial Market	Last	Frequency	Range
Equity Market Index (31Dec1993=1)	475,677.0 Oct 2018	monthly	Jan 1994 - Oct 2018
Market Capitalization: % of GDP (%)	2.6 2008	yearly	1991 - 2008
Caracas Stock Exchange: General Index (27Aug1997=0.001)	818.180 Nov 2018	monthly	Nov 2018 - Nov 2018

Transport and Telecommunications	Last	Frequency	Range
Motor Vehicle Registered (Unit th)	4,510.000 2015	yearly	2005 - 2015
Container Port Throughput (TEU)	370,800.000 2018	yearly	2008 - 2018
Liner Shipping Connectivity Index (2004=100)	9.760 2018	yearly	2004 - 2018
Number of Subscriber Fixed Line (Unit)	5,547,291.000 2018	yearly	1960 - 2018
Number of Subscriber Mobile (Person)	20,731,169.000 2018	yearly	1960 - 2018
Teledensity: Fixed Line (Number)	19.203 2018	yearly	1960 - 2018
Teledensity: Mobile (Number)	71.766 2018	yearly	1960 - 2018
Exports: ICT Goods (USD th)	1,256.193 2013	yearly	2000 - 2013
Exports: Telecommunication Equipment (USD th)	2,970.906 2018	yearly	1995 - 2018
Exports: Television (USD th)	684.735 2018	yearly	1995 - 2018
Imports: ICT Goods (USD th)	1,883,761.564 2013	yearly	2000 - 2013
Imports: Telecommunication Equipment (USD th)	322,370.880 2018	yearly	1995 - 2018
Imports: Television (USD th)	57,754.065 2018	yearly	1995 - 2018

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Venezuela Real GDP Growth

What was Venezuela's Real GDP Growth in Mar 2019?

Real GDP Growth by Country Comparison

Venezuela Key Series

View Venezuela's Real GDP Growth from Mar 1998 to Mar 2019 in the chart:

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