Venezuela |
Gross domestic product, constant prices |
National currency |
Billions |
Source: Central Bank
Latest actual data: 2018. Latest year for nominal accounts is 2017. Latest year for real accounts is 2018.
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1997. This is not an index. 1997 is the year in which nominal and real GDP have the same value.
Chain-weighted: No
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
-- |
-- |
-- |
-- |
-- |
2018 |
Venezuela |
Gross domestic product, constant prices |
Percent change |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
-15.671 |
-19.621 |
-35.000 |
-25.000 |
-10.000 |
2018 |
Venezuela |
Gross domestic product, current prices |
National currency |
Billions |
Source: Central Bank
Latest actual data: 2018. Latest year for nominal accounts is 2017. Latest year for real accounts is 2018.
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1997. This is not an index. 1997 is the year in which nominal and real GDP have the same value.
Chain-weighted: No
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
2.009 |
1,057.236 |
137,482.062 |
n/a |
n/a |
2018 |
Venezuela |
Gross domestic product, current prices |
U.S. dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
143.841 |
98.400 |
63.960 |
48.610 |
43.749 |
2018 |
Venezuela |
Gross domestic product, current prices |
Purchasing power parity; international dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
375.151 |
308.781 |
204.291 |
n/a |
n/a |
2018 |
Venezuela |
Gross domestic product, deflator |
Index |
|
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).
|
511,965.778 |
335,204,893.793 |
67,061,172,557.642 |
4,426,037,388,804.380 |
292,118,467,661,089.000 |
2018 |
Venezuela |
Gross domestic product per capita, constant prices |
National currency |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
0.013 |
0.011 |
0.007 |
0.006 |
0.005 |
2010 |
Venezuela |
Gross domestic product per capita, constant prices |
Purchasing power parity; 2017 international dollar |
Units |
See notes for:
Gross domestic product, constant prices (National currency)
Population (Persons).
|
12,323.369 |
10,432.707 |
7,046.096 |
5,259.274 |
4,795.904 |
2010 |
Venezuela |
Gross domestic product per capita, current prices |
National currency |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
65.991 |
36,578.188 |
4,942,361.502 |
n/a |
n/a |
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).
|
4,725.050 |
3,404.428 |
2,299.308 |
1,739.112 |
1,585.887 |
2010 |
Venezuela |
Gross domestic product per capita, current prices |
Purchasing power parity; international dollars |
Units |
See notes for:
Gross domestic product, current prices (National currency)
Population (Persons).
|
12,323.369 |
10,683.193 |
7,344.079 |
n/a |
n/a |
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).
|
0.309 |
0.240 |
0.152 |
n/a |
n/a |
2018 |
Venezuela |
Implied PPP conversion rate |
National currency per current international dollar |
|
See notes for:
Gross domestic product, current prices (National currency).
|
0.005 |
3.424 |
672.972 |
n/a |
n/a |
2018 |
Venezuela |
Total investment |
Percent of GDP |
|
Source: Central Bank
Latest actual data: 2018. Latest year for nominal accounts is 2017. Latest year for real accounts is 2018.
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1997. This is not an index. 1997 is the year in which nominal and real GDP have the same value.
Chain-weighted: No
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
-3.744 |
n/a |
n/a |
n/a |
n/a |
2018 |
Venezuela |
Gross national savings |
Percent of GDP |
|
Source: Central Bank
Latest actual data: 2018. Latest year for nominal accounts is 2017. Latest year for real accounts is 2018.
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 1997. This is not an index. 1997 is the year in which nominal and real GDP have the same value.
Chain-weighted: No
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
-9.864 |
n/a |
n/a |
n/a |
n/a |
2018 |
Venezuela |
Inflation, average consumer prices |
Index |
|
Source: Central Bank
Latest actual data: 2019
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2007. 2007M12
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
27,896.758 |
18,265,146.450 |
3,654,129,639.975 |
241,172,556,238.350 |
15,917,388,711,731.100 |
2019 |
Venezuela |
Inflation, average consumer prices |
Percent change |
|
See notes for:
Inflation, average consumer prices (Index).
|
438.117 |
65,374.082 |
19,906.024 |
6,500.000 |
6,500.000 |
2019 |
Venezuela |
Inflation, end of period consumer prices |
Index |
|
Source: Central Bank
Latest actual data: 2019
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2007. 2007M12
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
84,970.300 |
110,597,550.200 |
10,711,919,274.400 |
706,986,672,110.400 |
46,661,120,359,286.400 |
2019 |
Venezuela |
Inflation, end of period consumer prices |
Percent change |
|
See notes for:
Inflation, end of period consumer prices (Index).
|
862.629 |
130,060.244 |
9,585.494 |
6,500.000 |
6,500.000 |
2019 |
Venezuela |
Volume of imports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2017
Base year: 1997
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 soberano
Data last updated: 09/2020
|
-34.651 |
-8.752 |
-32.644 |
-19.528 |
-5.322 |
2017 |
Venezuela |
Volume of Imports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2017
Base year: 1997
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 soberano
Data last updated: 09/2020
|
-34.651 |
-10.074 |
-33.140 |
-14.796 |
-3.997 |
2017 |
Venezuela |
Volume of exports of goods and services |
Percent change |
|
Source: Central Bank
Latest actual data: 2017
Base year: 1997
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 soberano
Data last updated: 09/2020
|
-0.044 |
-22.764 |
-28.869 |
-50.183 |
-20.893 |
2017 |
Venezuela |
Volume of exports of goods |
Percent change |
|
Source: Central Bank
Latest actual data: 2017
Base year: 1997
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 soberano
Data last updated: 09/2020
|
-0.044 |
-23.259 |
-31.898 |
-48.636 |
-21.418 |
2017 |
Venezuela |
Unemployment rate |
Percent of total labor force |
|
Source: National Statistics Office
Latest actual data: 2011
Employment type: National definition
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
27.886 |
35.543 |
n/a |
n/a |
n/a |
2011 |
Venezuela |
Population |
Persons |
Millions |
Source: Ministry of Economy and/or Planning
Latest actual data: 2010
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
30.442 |
28.903 |
27.817 |
27.951 |
27.586 |
2010 |
Venezuela |
General government revenue |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2017
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Nonfinancial Public Corporation; Other;. Fiscal accounts correspond to the budgetary central government, public enterprises (including PDVSA), Instituto Venezolano de los Seguros Sociales (IVSS—social security), and Fondo de Garantía de Depósitos y Protección Bancaria (FOGADE—deposit insurance).
Valuation of public debt: Nominal value
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
0.296 |
184.182 |
15,616.769 |
n/a |
n/a |
2017 |
Venezuela |
General government revenue |
Percent of GDP |
|
See notes for:
General government revenue (National currency).
|
14.711 |
17.421 |
11.359 |
n/a |
n/a |
2017 |
Venezuela |
General government total expenditure |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2017
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Nonfinancial Public Corporation; Other;. Fiscal accounts correspond to the budgetary central government, public enterprises (including PDVSA), Instituto Venezolano de los Seguros Sociales (IVSS—social security), and Fondo de Garantía de Depósitos y Protección Bancaria (FOGADE—deposit insurance).
Valuation of public debt: Nominal value
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
0.757 |
511.925 |
29,364.241 |
n/a |
n/a |
2017 |
Venezuela |
General government total expenditure |
Percent of GDP |
|
See notes for:
General government total expenditure (National currency).
|
37.702 |
48.421 |
21.359 |
n/a |
n/a |
2017 |
Venezuela |
General government net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2017
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Nonfinancial Public Corporation; Other;. Fiscal accounts correspond to the budgetary central government, public enterprises (including PDVSA), Instituto Venezolano de los Seguros Sociales (IVSS—social security), and Fondo de Garantía de Depósitos y Protección Bancaria (FOGADE—deposit insurance).
Valuation of public debt: Nominal value
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
-0.462 |
-327.743 |
-13,747.472 |
n/a |
n/a |
2017 |
Venezuela |
General government net lending/borrowing |
Percent of GDP |
|
See notes for:
General government net lending/borrowing (National currency).
|
-22.991 |
-31.000 |
-9.999 |
n/a |
n/a |
2017 |
Venezuela |
General government primary net lending/borrowing |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2017
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Nonfinancial Public Corporation; Other;. Fiscal accounts correspond to the budgetary central government, public enterprises (including PDVSA), Instituto Venezolano de los Seguros Sociales (IVSS—social security), and Fondo de Garantía de Depósitos y Protección Bancaria (FOGADE—deposit insurance).
Valuation of public debt: Nominal value
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
-0.461 |
-327.682 |
-13,707.939 |
n/a |
n/a |
2017 |
Venezuela |
General government primary net lending/borrowing |
Percent of GDP |
|
See notes for:
General government primary net lending/borrowing (National currency).
|
-22.960 |
-30.994 |
-9.971 |
n/a |
n/a |
2017 |
Venezuela |
General government gross debt |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2017
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Nonfinancial Public Corporation; Other;. Fiscal accounts correspond to the budgetary central government, public enterprises (including PDVSA), Instituto Venezolano de los Seguros Sociales (IVSS—social security), and Fondo de Garantía de Depósitos y Protección Bancaria (FOGADE—deposit insurance).
Valuation of public debt: Nominal value
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
0.522 |
1,911.363 |
320,039.192 |
n/a |
n/a |
2017 |
Venezuela |
General government gross debt |
Percent of GDP |
|
See notes for:
General government gross debt (National currency).
|
26.004 |
180.789 |
232.786 |
n/a |
n/a |
2017 |
Venezuela |
Gross domestic product corresponding to fiscal year, current prices |
National currency |
Billions |
Source: Ministry of Finance or Treasury
Latest actual data: 2017
Start/end months of reporting year: January/December
GFS Manual used: Government Finance Statistics Manual (GFSM) 2001
Basis of recording: Cash
General government includes: Nonfinancial Public Corporation; Other;. Fiscal accounts correspond to the budgetary central government, public enterprises (including PDVSA), Instituto Venezolano de los Seguros Sociales (IVSS—social security), and Fondo de Garantía de Depósitos y Protección Bancaria (FOGADE—deposit insurance).
Valuation of public debt: Nominal value
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
2.009 |
1,057.236 |
137,482.062 |
n/a |
n/a |
2017 |
Venezuela |
Current account balance |
U.S. dollars |
Billions |
Source: Central Bank. http://www.bcv.org.ve/c2/indicadores.asp
Latest actual data: 2018
BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6)
Primary domestic currency: Venezuelan bolívar soberano
Data last updated: 09/2020
|
8.706 |
8.613 |
5.352 |
-2.012 |
-1.773 |
2018 |
Venezuela |
Current account balance |
Percent of GDP |
|
See notes for:
Gross domestic product, current prices (National currency)
Current account balance (U.S. dollars).
|
6.053 |
8.753 |
8.368 |
-4.140 |
-4.053 |
2018 |