Venezuela |
Gross domestic product, constant prices |
National currency |
Billions |
Source: Central Bank
Latest actual data: 2018. Latest year for real accounts is 2018. Starting 2012, staff elaborates its own nominal GDP accounts estimates.
Notes: Due to the prevalence of multiple exchange rates and a parallel market, for 2012-2022, staff has computed a generalized unitary exchange rate weighted by the value of imports and exports as well as by the different windows used to acquire foreign exchange. Starting in 2012, staff estimates the nominal GDP in local currency using real GDP levels published by the country and deflators calculated by staff. Nominal GDP in U.S. dollars is calculated dividing the local currency GDP by the generalized unitary exchange rate.
National accounts manual used: System of National Accounts (SNA) 1993
GDP valuation: Market prices
Reporting in calendar year: Yes
Start/end months of reporting year: January/December
Base year: 1997
Chain-weighted: No
Primary domestic currency: Venezuelan bolívar
Data last updated: 08/2023
|
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
2018 |
Venezuela |
Gross domestic product, constant prices |
Percent change |
|
See notes for:
Gross domestic product, constant prices (National currency).
|
1.343 |
-3.894 |
-6.221 |
-17.040 |
-15.671 |
-19.655 |
-27.670 |
-29.995 |
1.000 |
8.000 |
4.000 |
2018 |
Venezuela |
Gross domestic product, current prices |
National currency |
Billions |
Source: Central Bank
Latest actual data: 2018. Latest year for real accounts is 2018. Starting 2012, staff elaborates its own nominal GDP accounts estimates.
Notes: Due to the prevalence of multiple exchange rates and a parallel market, for 2012-2022, staff has computed a generalized unitary exchange rate weighted by the value of imports and exports as well as by the different windows used to acquire foreign exchange. Starting in 2012, staff estimates the nominal GDP in local currency using real GDP levels published by the country and deflators calculated by staff. Nominal GDP in U.S. dollars is calculated dividing the local currency GDP by the generalized unitary exchange rate.
National accounts manual used: System of National Accounts (SNA) 1993
GDP valuation: Market prices
Reporting in calendar year: Yes
Start/end months of reporting year: January/December
Base year: 1997
Chain-weighted: No
Primary domestic currency: Venezuelan bolívar
Data last updated: 08/2023
|
-- |
-- |
-- |
-- |
-- |
0.006 |
1.006 |
14.323 |
188.549 |
643.389 |
2,962.886 |
2018 |
Venezuela |
Gross domestic product, current prices |
U.S. dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
258.931 |
214.690 |
125.449 |
112.915 |
115.883 |
102.021 |
73.003 |
43.788 |
57.666 |
92.104 |
92.210 |
2018 |
Venezuela |
Gross domestic product, current prices |
Purchasing power parity; international dollars |
Billions |
See notes for:
Gross domestic product, current prices (National currency).
|
561.817 |
550.033 |
520.974 |
436.529 |
375.113 |
308.629 |
227.234 |
161.152 |
170.074 |
196.547 |
211.926 |
2018 |
Venezuela |
Gross domestic product, deflator |
Index |
|
See notes for:
Gross domestic product, constant prices (National currency)
Gross domestic product, current prices (National currency).
|
3,927.037 |
8,036.516 |
18,928.527 |
77,129.586 |
886,795.295 |
2,002,295,628.184 |
440,972,168,070.271 |
8,972,522,236,607.520 |
116,944,083,333,261.000 |
369,490,197,939,812.000 |
1,636,104,159,499,990.000 |
2018 |