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 10.915 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 2020 at around 2,959.80%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 100.0% lower.
The Corruption Perceptions Index for the public sector counts 14 and is compared to other countries very bad.


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