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Venezuela flag Venezuela:

Economic indicators of Venezuela : Growth

Main Indicators

Main Indicators 20202021 (e)2022 (e)2023 (e)2024 (e)
GDP (billions USD) 44.95e59.5182.1586.700.00
GDP (Constant Prices, Annual % Change) -30.0e0.56.06.50.0
GDP per Capita (USD) 1e2330
General Government Gross Debt (in % of GDP) 319.088e240.5240.0000.0000.000
Inflation Rate (%) 2.01.0210.0195.00.0
Current Account (billions USD) -3.61e-1.263.265.180.00
Current Account (in % of GDP) -8.0e-2.14.06.00.0

Source: IMF – World Economic Outlook Database - Latest available data.

Note: (e) Estimated Data

 
Socio-Demographic Indicators 2022 (e)2023 (e)2024 (e)
Unemployment Rate (%) 0.00.00.0

Source: IMF – World Economic Outlook Database - Latest available data.

 
 
Monetary Indicators 20162017201820192020
Venezuelan Bolivar (VEF) - Average Annual Exchange Rate For 1 EUR n/an/an/an/an/a

- Latest available data.

 
 

Main Sectors of Industry

Breakdown of Economic Activity By Sector Agriculture Industry Services
Employment By Sector (in % of Total Employment) 7.9 15.3 76.8
Value Added (in % of GDP) 5.0 37.2 51.7
Value Added (Annual % Change) -4.6 -5.8 -0.4

Source: World Bank - Latest available data.

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Latest Update: November 2022