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World Economic and Financial Surveys

World Economic Outlook Database

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Download entire World Economic Outlook database: October 2014

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Country Subject Descriptor Units Scale Country/Series-specific Notes 2012 2013 2014 2015 2016 2017 2018 2019
Venezuela Gross domestic product, constant prices National currency Billions

61.409 62.234 60.367 59.763 59.769 60.068 60.669 61.275
Venezuela Gross domestic product, constant prices Percent change

5.626 1.343 -3.000 -1.000 0.010 0.500 1.000 1.000
Venezuela Gross domestic product, current prices National currency Billions

1,635.451 2,212.045 3,247.164 4,967.183 7,179.158 9,968.749 13,378.670 17,399.196
Venezuela Gross domestic product, current prices U.S. dollars Billions

298.380 227.175 209.226 226.317 242.480 247.353 262.403 270.005
Venezuela Gross domestic product, deflator Index

2,663.206 3,554.406 5,379.051 8,311.441 12,011.472 16,595.768 22,052.013 28,395.081
Venezuela Gross domestic product per capita, constant prices National currency Units

2,080.466 2,075.493 1,982.035 1,931.990 1,902.527 1,882.623 1,872.075 1,861.647
Venezuela Gross domestic product per capita, current prices National currency Units

55,407.109 73,771.452 106,614.660 160,576.213 228,521.488 312,435.763 412,830.177 528,616.239
Venezuela Gross domestic product per capita, current prices U.S. dollars Units

10,108.760 7,576.276 6,869.564 7,316.257 7,718.432 7,752.414 8,097.048 8,203.185
Venezuela Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP Current international dollar Billions

537.963 553.311 545.704 550.226 560.648 575.029 593.060 611.357
Venezuela Gross domestic product based on purchasing-power-parity (PPP) per capita GDP Current international dollar Units

18,225.525 18,452.870 17,917.169 17,787.386 17,846.114 18,022.269 18,300.256 18,574.033
Venezuela Gross domestic product based on purchasing-power-parity (PPP) share of world total Percent

0.553 0.543 0.510 0.486 0.468 0.452 0.439 0.426
Venezuela Implied PPP conversion rate National currency per current international dollar

3.040 3.998 5.950 9.028 12.805 17.336 22.559 28.460
Venezuela Total investment Percent of GDP

26.597 20.736 19.850 19.328 19.114 19.094 19.099 19.100
Venezuela Gross national savings Percent of GDP

29.486 23.895 22.929 21.164 20.179 19.674 19.375 19.177
Venezuela Inflation, average consumer prices Index

288.800 406.167 667.186 1,086.658 1,642.616 2,364.950 3,263.639 4,342.755
Venezuela Inflation, average consumer prices Percent change

21.069 40.639 64.264 62.872 51.162 43.975 38.000 33.065
Venezuela Inflation, end of period consumer prices Index

318.900 498.100 845.921 1,318.910 1,931.017 2,733.147 3,675.029 4,838.843
Venezuela Inflation, end of period consumer prices Percent change

20.068 56.193 69.829 55.914 46.410 41.539 34.461 31.668
Venezuela Volume of imports of goods and services Percent change

24.396 -9.687 -19.262 -0.571 2.776 3.861 5.233 5.983
Venezuela Volume of Imports of goods Percent change

24.948 -9.687 -22.155 0.583 4.010 4.988 6.316 6.999
Venezuela Volume of exports of goods and services Percent change

1.594 -6.170 -0.189 1.159 1.246 1.414 1.673 1.815
Venezuela Volume of exports of goods Percent change

0.658 -6.170 0.103 0.142 0.157 0.167 0.177 0.186
Venezuela Unemployment rate Percent of total labor force

7.823 7.470 7.990 10.376 12.215 13.743 15.054 17.632
Venezuela Population Persons Millions

29.517 29.985 30.457 30.933 31.416 31.907 32.407 32.915
Venezuela General government revenue National currency Billions

384.821 511.761 943.593 1,370.991 1,931.536 2,731.459 3,683.655 4,923.334
Venezuela General government revenue Percent of GDP

23.530 23.135 29.059 27.601 26.905 27.400 27.534 28.296
Venezuela General government total expenditure National currency Billions

654.390 840.610 1,403.828 2,111.650 3,020.621 4,186.795 5,615.092 7,309.346
Venezuela General government total expenditure Percent of GDP

40.013 38.001 43.232 42.512 42.075 41.999 41.970 42.010
Venezuela General government net lending/borrowing National currency Billions

-269.569 -328.848 -460.235 -740.659 -1,089.085 -1,455.335 -1,931.437 -2,386.012
Venezuela General government net lending/borrowing Percent of GDP

-16.483 -14.866 -14.173 -14.911 -15.170 -14.599 -14.437 -13.713
Venezuela General government primary net lending/borrowing National currency Billions

-225.650 -262.154 -347.156 -586.573 -869.133 -1,146.938 -1,507.382 -1,809.628
Venezuela General government primary net lending/borrowing Percent of GDP

-13.797 -11.851 -10.691 -11.809 -12.106 -11.505 -11.267 -10.401
Venezuela General government gross debt National currency Billions

751.728 1,152.716 1,499.965 2,052.536 2,793.264 3,760.762 5,033.865 6,560.517
Venezuela General government gross debt Percent of GDP

45.965 52.111 46.193 41.322 38.908 37.726 37.626 37.706
Venezuela Gross domestic product corresponding to fiscal year, current prices National currency Billions

1,635.451 2,212.045 3,247.164 4,967.183 7,179.158 9,968.749 13,378.670 17,399.196
Venezuela Current account balance U.S. dollars Billions

11.016 11.394 15.871 14.475 12.138 9.179 5.858 2.149
Venezuela Current account balance Percent of GDP

3.692 5.016 7.585 6.396 5.006 3.711 2.233 0.796
Country Subject Descriptor Units Scale Country/Series-specific Notes 2012 2013 2014 2015 2016 2017 2018 2019 Estimates Start After
Venezuela Gross domestic product, constant prices National currency Billions Source: Central Bank Latest actual data: 2013 National accounts manual used: SNA 2008 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 1997 Chain-weighted: No Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 61.409 62.234 60.367 59.763 59.769 60.068 60.669 61.275 2013
Venezuela Gross domestic product, constant prices Percent change See notes for: Gross domestic product, constant prices (National currency). 5.626 1.343 -3.000 -1.000 0.010 0.500 1.000 1.000 2013
Venezuela Gross domestic product, current prices National currency Billions Source: Central Bank Latest actual data: 2013 National accounts manual used: SNA 2008 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 1997 Chain-weighted: No Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 1,635.451 2,212.045 3,247.164 4,967.183 7,179.158 9,968.749 13,378.670 17,399.196 2013
Venezuela Gross domestic product, current prices U.S. dollars Billions See notes for: Gross domestic product, current prices (National currency). 298.380 227.175 209.226 226.317 242.480 247.353 262.403 270.005 2013
Venezuela Gross domestic product, deflator Index See notes for: Gross domestic product, constant prices (National currency) Gross domestic product, current prices (National currency). 2,663.206 3,554.406 5,379.051 8,311.441 12,011.472 16,595.768 22,052.013 28,395.081 2013
Venezuela Gross domestic product per capita, constant prices National currency Units See notes for: Gross domestic product, constant prices (National currency) Population (Persons). 2,080.466 2,075.493 1,982.035 1,931.990 1,902.527 1,882.623 1,872.075 1,861.647 2010
Venezuela Gross domestic product per capita, current prices National currency Units See notes for: Gross domestic product, current prices (National currency) Population (Persons). 55,407.109 73,771.452 106,614.660 160,576.213 228,521.488 312,435.763 412,830.177 528,616.239 2010
Venezuela Gross domestic product per capita, current prices U.S. dollars Units See notes for: Gross domestic product, current prices (National currency) Population (Persons). 10,108.760 7,576.276 6,869.564 7,316.257 7,718.432 7,752.414 8,097.048 8,203.185 2010
Venezuela Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP Current international dollar Billions See notes for: Gross domestic product, current prices (National currency). 537.963 553.311 545.704 550.226 560.648 575.029 593.060 611.357 2013
Venezuela Gross domestic product based on purchasing-power-parity (PPP) per capita GDP Current international dollar Units See notes for: Gross domestic product, current prices (National currency) Population (Persons). 18,225.525 18,452.870 17,917.169 17,787.386 17,846.114 18,022.269 18,300.256 18,574.033 2010
Venezuela Gross domestic product based on purchasing-power-parity (PPP) share of world total Percent See notes for: Gross domestic product, current prices (National currency). 0.553 0.543 0.510 0.486 0.468 0.452 0.439 0.426 2011
Venezuela Implied PPP conversion rate National currency per current international dollar See notes for: Gross domestic product, current prices (National currency). 3.040 3.998 5.950 9.028 12.805 17.336 22.559 28.460 2013
Venezuela Total investment Percent of GDP Source: Central Bank Latest actual data: 2013 National accounts manual used: SNA 2008 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 1997 Chain-weighted: No Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 26.597 20.736 19.850 19.328 19.114 19.094 19.099 19.100 2013
Venezuela Gross national savings Percent of GDP Source: Central Bank Latest actual data: 2013 National accounts manual used: SNA 2008 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 1997 Chain-weighted: No Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 29.486 23.895 22.929 21.164 20.179 19.674 19.375 19.177 2013
Venezuela Inflation, average consumer prices Index Source: Central Bank Latest actual data: 2013 Harmonized prices: No Frequency of source data: Monthly Base year: 2007. December 2007=100 Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 288.800 406.167 667.186 1,086.658 1,642.616 2,364.950 3,263.639 4,342.755 2013
Venezuela Inflation, average consumer prices Percent change See notes for: Inflation, average consumer prices (Index). 21.069 40.639 64.264 62.872 51.162 43.975 38.000 33.065 2013
Venezuela Inflation, end of period consumer prices Index Source: Central Bank Latest actual data: 2013 Harmonized prices: No Frequency of source data: Monthly Base year: 2007. December 2007=100 Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 318.900 498.100 845.921 1,318.910 1,931.017 2,733.147 3,675.029 4,838.843 2013
Venezuela Inflation, end of period consumer prices Percent change See notes for: Inflation, end of period consumer prices (Index). 20.068 56.193 69.829 55.914 46.410 41.539 34.461 31.668 2013
Venezuela Volume of imports of goods and services Percent change Source: Central Bank Latest actual data: 2012 Base year: 2005 Methodology used to derive volumes: Deflation by survey-based price indexes Chain-weighted: No Trade System: Other Oil coverage: Primary or unrefined products; Valuation of exports: Other Valuation of imports: Other Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 24.396 -9.687 -19.262 -0.571 2.776 3.861 5.233 5.983 2012
Venezuela Volume of Imports of goods Percent change Source: Central Bank Latest actual data: 2012 Base year: 2005 Methodology used to derive volumes: Deflation by survey-based price indexes Chain-weighted: No Trade System: Other Oil coverage: Primary or unrefined products; Valuation of exports: Other Valuation of imports: Other Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 24.948 -9.687 -22.155 0.583 4.010 4.988 6.316 6.999 2012
Venezuela Volume of exports of goods and services Percent change Source: Central Bank Latest actual data: 2012 Base year: 2005 Methodology used to derive volumes: Deflation by survey-based price indexes Chain-weighted: No Trade System: Other Oil coverage: Primary or unrefined products; Valuation of exports: Other Valuation of imports: Other Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 1.594 -6.170 -0.189 1.159 1.246 1.414 1.673 1.815 2012
Venezuela Volume of exports of goods Percent change Source: Central Bank Latest actual data: 2012 Base year: 2005 Methodology used to derive volumes: Deflation by survey-based price indexes Chain-weighted: No Trade System: Other Oil coverage: Primary or unrefined products; Valuation of exports: Other Valuation of imports: Other Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 0.658 -6.170 0.103 0.142 0.157 0.167 0.177 0.186 2012
Venezuela Unemployment rate Percent of total labor force Source: National Statistical Office Latest actual data: 2011 Employment type: National definition Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 7.823 7.470 7.990 10.376 12.215 13.743 15.054 17.632 2011
Venezuela Population Persons Millions Source: Ministry of Economy Latest actual data: 2010 Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 29.517 29.985 30.457 30.933 31.416 31.907 32.407 32.915 2010
Venezuela General government revenue National currency Billions Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;Nonfinancial Public Corporation; Valuation of public debt: Nominal value Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 384.821 511.761 943.593 1,370.991 1,931.536 2,731.459 3,683.655 4,923.334 2010
Venezuela General government revenue Percent of GDP See notes for: General government revenue (National currency). 23.530 23.135 29.059 27.601 26.905 27.400 27.534 28.296 2010
Venezuela General government total expenditure National currency Billions Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;Nonfinancial Public Corporation; Valuation of public debt: Nominal value Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 654.390 840.610 1,403.828 2,111.650 3,020.621 4,186.795 5,615.092 7,309.346 2010
Venezuela General government total expenditure Percent of GDP See notes for: General government total expenditure (National currency). 40.013 38.001 43.232 42.512 42.075 41.999 41.970 42.010 2010
Venezuela General government net lending/borrowing National currency Billions Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;Nonfinancial Public Corporation; Valuation of public debt: Nominal value Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 -269.569 -328.848 -460.235 -740.659 -1,089.085 -1,455.335 -1,931.437 -2,386.012 2010
Venezuela General government net lending/borrowing Percent of GDP See notes for: General government net lending/borrowing (National currency). -16.483 -14.866 -14.173 -14.911 -15.170 -14.599 -14.437 -13.713 2010
Venezuela General government primary net lending/borrowing National currency Billions Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;Nonfinancial Public Corporation; Valuation of public debt: Nominal value Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 -225.650 -262.154 -347.156 -586.573 -869.133 -1,146.938 -1,507.382 -1,809.628 2010
Venezuela General government primary net lending/borrowing Percent of GDP See notes for: General government primary net lending/borrowing (National currency). -13.797 -11.851 -10.691 -11.809 -12.106 -11.505 -11.267 -10.401 2010
Venezuela General government gross debt National currency Billions Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;Nonfinancial Public Corporation; Valuation of public debt: Nominal value Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 751.728 1,152.716 1,499.965 2,052.536 2,793.264 3,760.762 5,033.865 6,560.517 2010
Venezuela General government gross debt Percent of GDP See notes for: General government gross debt (National currency). 45.965 52.111 46.193 41.322 38.908 37.726 37.626 37.706 2010
Venezuela Gross domestic product corresponding to fiscal year, current prices National currency Billions Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;Nonfinancial Public Corporation; Valuation of public debt: Nominal value Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 1,635.451 2,212.045 3,247.164 4,967.183 7,179.158 9,968.749 13,378.670 17,399.196 2010
Venezuela Current account balance U.S. dollars Billions Source: Central Bank. http://www.bcv.org.ve/c2/indicadores.asp Latest actual data: 2012. BOP for 2013Q1 available on central bank website. BOP Manual used: BPM 5. Venezuela compiles and disseminates BOP/IIP in BPM5. These historical data, for publication purposes in the IFS, are converted to BPM6 by STA. WEO data are published in BPM5. Primary domestic currency: Venezuelan bolívar fuerte Data last updated: 09/2014 11.016 11.394 15.871 14.475 12.138 9.179 5.858 2.149 2012
Venezuela Current account balance Percent of GDP See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars). 3.692 5.016 7.585 6.396 5.006 3.711 2.233 0.796 2012
International Monetary Fund, World Economic Outlook Database October 2014
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