GDP Growth Rate of Venezuela

Updated on May 16, 2026.

The Gross Domestic Product (GDP) growth rate of Venezuela was 5.3% in 2025, a difference of +1.3 points compared to 2024, according to recent data from the World Bank.

The chart and table below shows the GDP growth rate of Venezuela for 1962-2025.

You can see similar information for other countries.

The World Bank defines annual Gross Domestic Product (GDP) as "the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products; it is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources".

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Related Topics: World Bank Topic List
Data Source: World Bank.
GDP Growth Rate of Venezuela (%)
Table of GDP Growth Rate of Venezuela
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Year GDP Growth Rate (%)
1962 3.19
1963 8.53
1964 3.9
1965 11.13
1966 4.16
1967 1.51
1968 2.83
1969 7.34
1970 0.71
1971 7.71
1972 1.48
1973 1.28
1974 7.11
1975 2.07
1976 2.9
1977 7.73
1978 6.27
1979 2.35
1980 0.76
1981 -4.42
1982 -1.29
1983 2.65
1984 -9.86
1985 5.22
1986 0.87
1987 6.08
1988 4.8
1989 6.51
1990 -13.92
1991 6.47
1992 9.73
1993 6.06
1994 0.28
1995 -2.35
1996 3.95
1997 -0.2
1998 6.37
1999 0.29
2000 -5.97
2001 3.69
2002 3.39
2003 -8.86
2004 -7.75
2005 18.29
2006 10.32
2007 9.87
2008 8.75
2009 5.28
2010 -3.2
2011 -1.49
2012 4.18
2013 5.63
2014 1.34
2015 -3.89
2016 -6.22
2017 -17.04
2018 -15.67
2019 -19.65
2020 -27.66
2021 -30
2022 0.96
2023 8
2024 4
2025 5.3