Economy

Venezuela

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GDP per capita19602024
8694.06K7.26K10.5K13.6K19602024
Source: World Bank WDI
Private credit (% of GDP)19602013
8.133.92K7.84K11.8K15.7K19602013
Source: WB GFDD
IndicatorValue
GDP (nominal)120,000,000,000 US$World Bank WDI [2024]
GDP (PPP)620,000,000,000 US$World Bank WDI [2011]
GDP growth5.3 %World Bank WDI [2024]
GDP per capita4,220 US$World Bank WDI [2024]
Inflation (CPI)255 %World Bank WDI [2016]
Unemployment5.31 %World Bank WDI [2025]
Exports of goods & services20,200,000,000 US$World Bank WDI [2024]
Imports of goods & services11,000,000,000 US$World Bank WDI [2024]
Agriculture (% GDP)5.01 %World Bank WDI [2011]
Industry (% GDP)48.6 %World Bank WDI [2011]
Services (% GDP)38.6 %World Bank WDI [2011]
Industriesagricultural products, livestock, raw materials, machinery and equipment, transport equipment, construction materials, medical equipment, pharmaceuticals, chemicals, iron and steel products, crude oil and petroleum productsCIA World Factbook [2025] · 2026 archive
Agricultural productsmilk, sugarcane, maize, rice, plantains, oil palm fruit, bananas, chicken, pineapples, potatoes (2023); note: top ten agricultural products based on tonnageCIA World Factbook [2025] · 2026 archive
Export commoditiescrude petroleum, petroleum coke, scrap iron, alcohols, fertilizers (2023); note: top five export commodities based on value in dollarsCIA World Factbook [2025] · 2026 archive
Export partnersUSA 50%, China 10%, Spain 9%, Brazil 6%, Turkey 5% (2023); note: top five export partners based on percentage share of exportsCIA World Factbook [2025] · 2026 archive
Import partnersChina 35%, USA 24%, Brazil 12%, Colombia 7%, Turkey 4% (2023); note: top five import partners based on percentage share of importsCIA World Factbook [2025] · 2026 archive
Gini index44.7 indexWorld Bank WDI [2006]
GDP per capita (1913)1,750 int$ (2011)Maddison Project [1913]
Leading mineral commoditypetroleum, crude (43,300,000 tonnes (metric), 2023)BGS World Mineral Statistics [2023]
Wealth share of top 10%0.652 %World Inequality Database [2024]
Wealth share of top 1%0.318 %World Inequality Database [2024]
Gini (WID)1–44.7 indexWorld Inequality Database [2024] 1 index·World Bank WDI [2006] 44.7 index
Top export partnersUSA (46.3%) / India (15.0%) / China (11.8%) / Spain (10.6%) / Brazil (3.5%)CEPII BACI [2024]
Top import partnersChina (35.1%) / USA (30.2%) / Brazil (8.8%) / Colombia (7.3%) / Türkiye (2.2%)CEPII BACI [2024]
Top agricultural productsMilk, Total / Sugar Crops Primary / Sugar cane / Cereals, primary / Hen eggs in shell, freshFAOSTAT [2024]
Bank assets (% of GDP)54.2 %WB GFDD [2014]
Private credit (% of GDP)29.9 %WB GFDD [2013]
Stock market capitalization (% of GDP)4.28 %WB GFDD [2002]
Financial account ownership87.3 %WB Findex [2024]
Mobile-money accountNo authoritative open source found
Borrowed from a bank13.8 %WB Findex [2024]
Poverty headcount ($2.15/day)No authoritative open source found
Poverty headcount ($6.85/day)No authoritative open source found

Section metadata

Data year2025
EditionDatabook 2026
Coverage30/33
LicenseCC-BY
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Datasets on this page
  • World Bank WDI
    world_bank_wdi
    Edition: 2024
  • CIA World Factbook
    cia_factbook
    Edition: 2025
  • Maddison Project
    maddison_historical_gdp
    Edition: 2023
  • BGS World Mineral Statistics
    bgs_world_minerals
    Edition: 2023
  • World Inequality Database
    world_inequality_database
    Edition: 2026
  • CEPII BACI
    cepii_baci_trade
    Edition: 2026
  • FAOSTAT
    faostat
    Edition: 2026
  • WB GFDD
    world_bank_gfdd
    Edition: 2022
  • WB Findex
    world_bank_global_findex
    Edition: 2025
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About this data

Venezuela's economy on Databook compiles 30 indicators from 9 open datasets including World Bank WDI, CIA World Factbook, Maddison Project. Key figures include gdp (nominal) (120,000,000,000 US$), gdp (ppp) (620,000,000,000 US$). Data is referenced to 2025. Every value carries its source and publication year, published under open licenses.