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Indicators of economy in Venezuela

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2014 was at about 10.922 US Dollar per capita. In contrast, the GDP in Venezuela reached 16.963 US dollars per inhabitant, or 482.36 bn US Dollar in the whole country.

Inflation in Venezuela was in 2016 at around 254.95%. For the the EU, the average of the same was year at 0.51%.

The Corruption Perceptions Index for the public sector counts 15 and is compared to other countries very bad.


Back to overview: Venezuela

Unemployment rates in percent 1991 - 2020

Economic performance 2014

 Venezuela
Total		Venezuela
per capita		EU
Total		EU
per capita
GDP482.36 bn USD16,963.01 USD15,192.65 tn USD29,499.72 USD
Gross national product392.92 bn USD13,817.88 USD16,042.23 tn USD31,149.36 USD


The largest company in Venezuela is Halyk Bank with a market capitalization of 309.00 bn Dollar. It is the only company in the country to be included in the "Forbes Global 2000" list in 2020. This independent list annually publishes the 2000 largest companies worldwide, with Mercantil Servicios Bank ranking 1758th last year.

Development of the Gross domestic product in billion US Dollar 1979 - 2014


› Development of inflation
› Corruption in Venezuela
› Cost of living in a global comparison

Im- and Exports 2016

 Venezuela
Total		Venezuela
per capita		EU
Total		EU
per capita
Imports25.81 bn USD907.65 USD8,073.39 bn USD15,676.19 USD
Exports28.68 bn USD1,008.72 USD8,622.21 bn USD16,741.84 USD


Development of imports and exports in billion US dollars 1979 - 2016

Exports
Imports



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