Venezuela Real GDP Growth

1998 - 2019 | Quarterly | % | CEIC Data

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.

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

Venezuela Real GDP Growth

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

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

Real GDP Growth by Country Comparison

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Includes Real GDP Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) -11.0 Jun 2020 quarterly Mar 2010 - Jun 2020
Algeria (%) -3.9 Mar 2020 quarterly Mar 2012 - Mar 2020
Argentina (%) -19.8 Jun 2020 quarterly Mar 2005 - Jun 2020
Armenia (%) -9.1 Sep 2020 quarterly Mar 2001 - Sep 2020
Australia (%) -6.3 Jun 2020 quarterly Sep 1960 - Jun 2020
Austria (%) -14.5 Jun 2020 quarterly Mar 1989 - Jun 2020
Azerbaijan (%) 0.2 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (%) -8.9 Jun 2020 quarterly Mar 2009 - Jun 2020
Bangladesh (%) 5.2 2020 yearly 2007 - 2020
Belarus (%) -3.3 Jun 2020 quarterly Mar 2006 - Jun 2020

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Venezuela Key Series

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Includes 193 key indicators for Venezuela, curated by CEIC analysts. Instant access to full history data in excel.
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) 29,364.241 2019 yearly 2004 - 2019
Forecast: Government Net Debt (VES bn) 320,039.192 2019 yearly 2003 - 2019
Forecast: Government Revenue (VES bn) 15,616.769 2019 yearly 2004 - 2019

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