Venezuela, RB's GDP (current LCU) was 16.49 trillion in 2025, the latest year in the World Bank's World Development Indicators. That is up 15.56 trillion% from 106 in 2015 (1,216% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 16.49 trillion | 2025 |
| Five years earlier | 14.01 billion | 2020 |
| Ten years earlier | 106 | 2015 |
| Highest | 16.49 trillion | 2025 |
| Lowest | 0.000257 | 1960 |
| Average since 2016 | 2.53 trillion | 2016–2025 |
| First recorded | 0.000257 |
What the numbers say
In 2025, Venezuela, RB's GDP (current LCU) rose 232.2% on 2024 (from 4.96 trillion to 16.49 trillion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +6,745.1% and a typical year strayed about 33,094.7% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 181,308% in 2018 and the biggest yearly fall was 0.3% in 1983. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 1.21 trillion a year. A straight line explains 50% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Venezuela, RB had the 50th highest value of the 186 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Venezuela, RB in the 2025 ranking
What this measures
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 66 values
| Year | GDP (current LCU) |
|---|---|
| 2025 | 16,489,790,000,000 |
| 2024 | 4,963,356,000,000 |
| 2023 | 3,025,765,000,000 |
| 2022 | 621,795,300,000 |
| 2021 | 185,112,000,000 |
| 2020 | 14,012,470,000 |
| 2019 | 1,005,697,000 |
| 2018 | 6,313,000 |
| 2017 | 3,480 |
| 2016 | 359 |
| 2015 |
GDP (current LCU) in nearby economies
- Antigua and Barbuda — 6.31 billion (2025)
- Argentina — 847.62 trillion (2025)
- Aruba — 7.46 billion (2024)
- Bahamas, The — 15.83 billion (2024)
- Barbados — 16.03 billion (2025)
- Belize — 6.65 billion (2025)
- Bolivia — 447.55 billion (2025)
- Brazil — 12.74 trillion (2025)
- Cayman Islands — 6.47 billion (2024)
- Chile — 339.98 trillion (2025)
- Colombia — 1,853.94 trillion (2025)
- Costa Rica — 51.81 trillion (2025)
More economic policy & debt data for Venezuela, RB
- Final consumption expenditure (current US$) — US$88.98 billion (2025)
- Final consumption expenditure (current LCU) — 14.72 trillion (2025)
- Final consumption expenditure (% of GDP) — 89.28% (2025)
- Gross national expenditure (current US$) — US$94.88 billion (2025)
- Gross national expenditure (current LCU) — 15.7 trillion (2025)
- Gross national expenditure (% of GDP) — 95.21% (2025)
- Exports of goods and services (current US$) — US$14.85 billion (2025)
- Exports of goods and services (current LCU) — 2.46 trillion (2025)
- Exports of goods and services (% of GDP) — 14.9% (2025)
Reading data like this
Questions people ask
- What is Venezuela, RB's GDP (current LCU)?
- 16.49 trillion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 6,423,509.02 trillion% from 0.000257 in 1960 (81.38% a year on average, compounded). The highest value was 16.49 trillion in 2025 and the lowest 0.000257 in 1960.
- How does Venezuela, RB rank?
- 50th highest of 186 economies with data for 2025.
- Is the latest change in GDP (current LCU) unusual for Venezuela, RB?
- In 2025, Venezuela, RB's GDP (current LCU) rose 232.2% on 2024 (from 4.96 trillion to 16.49 trillion). Across the 30 yearly changes before that (1995 to 2024), the average change was +6,745.1% and a typical year strayed about 33,094.7% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GDP.MKTP.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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