Nominal GDP in billions of USD
Year -
$119.80 billions(17.02%)
In 2024, Venezuela witnessed an increase in its Nominal GDP, rising to 119.80 billion dollars.
Relatedly, in the preceding year of 2023, Venezuela has Nominal GDP stood at 102.38 billion dollars.
The net change in Venezuela's GDP (Nominal) in 2024 increased by 17.42 billion dollars(17.02%)
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 7.66 | - | - | - | - | - |
| 1961 | 8.07 | 0.41 | 5.35 % | - | - | - |
| 1962 | 8.81 | 0.74 | 9.17 % | - | - | - |
| 1963 | 9.61 | 0.8 | 9.08 % | - | - | - |
| 1964 | 8.19 | -1.42 | -14.78 % | - | - | - |
| 1965 | 8.43 | 0.24 | 2.93 % | - | - | - |
| 1966 | 8.78 | 0.35 | 4.15 % | - | - | - |
| 1967 | 9.25 | 0.47 | 5.35 % | - | - | - |
| 1968 | 10.03 | 0.78 | 8.43 % | - | - | - |
| 1969 | 10.29 | 0.26 | 2.59 % | - | - | - |
| 1970 | 11.56 | 1.27 | 12.34 % | - | - | - |
| 1971 | 12.99 | 1.43 | 12.37 % | - | - | - |
| 1972 | 13.98 | 0.99 | 7.62 % | - | - | - |
| 1973 | 17.04 | 3.06 | 21.89 % | - | - | - |
| 1974 | 26.10 | 9.06 | 53.17 % | - | - | - |
| 1975 | 27.46 | 1.36 | 5.21 % | - | - | - |
| 1976 | 31.42 | 3.96 | 14.42 % | - | - | - |
| 1977 | 36.21 | 4.79 | 15.25 % | - | - | - |
| 1978 | 39.32 | 3.11 | 8.59 % | - | - | - |
| 1979 | 48.31 | 8.99 | 22.86 % | - | - | - |
| 1980 | 59.12 | 10.81 | 22.38 % | - | - | - |
| 1981 | 66.33 | 7.21 | 12.2 % | - | - | - |
| 1982 | 67.74 | 1.41 | 2.13 % | - | - | - |
| 1983 | 67.56 | -0.18 | -0.27 % | - | - | - |
| 1984 | 59.87 | -7.69 | -11.38 % | - | - | - |
| 1985 | 61.97 | 2.1 | 3.51 % | - | - | - |
| 1986 | 60.52 | -1.45 | -2.34 % | - | - | - |
| 1987 | 48.03 | -12.49 | -20.64 % | - | - | - |
| 1988 | 60.23 | 12.2 | 25.4 % | - | - | - |
| 1989 | 43.54 | -16.69 | -27.71 % | - | - | - |
| 1990 | 48.61 | 5.07 | 11.64 % | 230.55 | - | - |
| 1991 | 53.45 | 4.84 | 9.96 % | 261.54 | 30.99 | 13.44 % |
| 1992 | 60.42 | 6.97 | 13.04 % | 283.71 | 22.17 | 8.48 % |
| 1993 | 60.04 | -0.38 | -0.63 % | 291.23 | 7.52 | 2.65 % |
| 1994 | 58.42 | -1.62 | -2.7 % | 290.46 | -0.77 | -0.26 % |
| 1995 | 77.39 | 18.97 | 32.47 % | 308.27 | 17.81 | 6.13 % |
| 1996 | 70.54 | -6.85 | -8.85 % | 313.29 | 5.02 | 1.63 % |
| 1997 | 85.84 | 15.3 | 21.69 % | 339.00 | 25.71 | 8.21 % |
| 1998 | 91.34 | 5.5 | 6.41 % | 343.82 | 4.82 | 1.42 % |
| 1999 | 97.97 | 6.63 | 7.26 % | 327.86 | -15.96 | -4.64 % |
| 2000 | 117.15 | 19.18 | 19.58 % | 347.65 | 19.79 | 6.04 % |
| 2001 | 122.91 | 5.76 | 4.92 % | 367.55 | 19.9 | 5.72 % |
| 2002 | 92.89 | -30.02 | -24.42 % | 340.20 | -27.35 | -7.44 % |
| 2003 | 83.62 | -9.27 | -9.98 % | 320.02 | -20.18 | -5.93 % |
| 2004 | 112.45 | 28.83 | 34.48 % | 388.72 | 68.7 | 21.47 % |
| 2005 | 145.51 | 33.06 | 29.4 % | 442.27 | 53.55 | 13.78 % |
| 2006 | 183.48 | 37.97 | 26.09 % | 500.91 | 58.64 | 13.26 % |
| 2007 | 230.36 | 46.88 | 25.55 % | 559.52 | 58.61 | 11.7 % |
| 2008 | 315.95 | 85.59 | 37.15 % | 600.40 | 40.88 | 7.31 % |
| 2009 | 329.79 | 13.84 | 4.38 % | 584.76 | -15.64 | -2.6 % |
| 2010 | 393.19 | 63.4 | 19.22 % | 583.05 | -1.71 | -0.29 % |
| 2011 | 316.48 | -76.71 | -19.51 % | 619.94 | 36.89 | 6.33 % |
| 2012 | 372.59 | 56.11 | 17.73 % | - | - | - |
| 2013 | 258.93 | -113.66 | -30.51 % | - | - | - |
| 2014 | 214.69 | -44.24 | -17.09 % | - | - | - |
| 2015 | 125.45 | -89.24 | -41.57 % | - | - | - |
| 2016 | 112.92 | -12.53 | -9.99 % | - | - | - |
| 2017 | 115.88 | 2.96 | 2.62 % | - | - | - |
| 2018 | 102.02 | -13.86 | -11.96 % | - | - | - |
| 2019 | 73.01 | -29.01 | -28.44 % | - | - | - |
| 2020 | 42.84 | -30.17 | -41.32 % | - | - | - |
| 2021 | 56.61 | 13.77 | 32.14 % | - | - | - |
| 2022 | 89.01 | 32.4 | 57.23 % | - | - | - |
| 2023 | 102.38 | 13.37 | 15.02 % | - | - | - |
| 2024 | 119.80 | 17.42 | 17.02 % | - | - | - |