Venezuela, RB: GDP per capita (constant LCU)

Key figures

What the numbers say

In 2025, Venezuela, RB's GDP per capita (constant LCU) rose 6.91 on 2024 (from 588.88 to 595.79).

Across the 30 yearly changes before that (1995 to 2024), the average change was −31.43 and a typical year strayed about 119.58 from that (the standard deviation). This year's change was 0.3 standard deviations above 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 195.57 in 2004 and the biggest yearly fall was 283.29 in 2016. 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 downward, about 76.13 a year. A straight line explains 63% 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 185th 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

• Timor-Leste — 182nd of 186: 1,214
• Tajikistan — 183rd of 186: 1,054
• Liberia — 184th of 186: 731.74
• Sudan — 186th of 186: 236.24

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. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

All 66 values

GDP per capita (constant LCU) in nearby economies

• Antigua and Barbuda — 52,314 (2025)
• Argentina — 16,119 (2025)
• Aruba — 58,778 (2024)
• Bahamas, The — 35,159 (2024)
• Barbados — 54,263 (2025)
• Belize — 12,772 (2025)
• Bolivia — 26,178 (2025)
• Brazil — 22,241 (2025)
• Cayman Islands — 70,318 (2024)
• Chile — 10.86 million (2025)
• Colombia — 19.13 million (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

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Venezuela, RB's GDP per capita (constant LCU)?

595.79 in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is down 62.59% from 1,593 in 1960 (1.5% a year on average, compounded). The highest value was 2,011 in 1977 and the lowest 492.63 in 2020.

How does Venezuela, RB rank?

185th highest of 186 economies with data for 2025.

Is the latest change in GDP per capita (constant LCU) unusual for Venezuela, RB?

In 2025, Venezuela, RB's GDP per capita (constant LCU) rose 6.91 on 2024 (from 588.88 to 595.79). Across the 30 yearly changes before that (1995 to 2024), the average change was −31.43 and a typical year strayed about 119.58 from that (the standard deviation). This year's change was 0.3 standard deviations above 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.PCAP.KN, 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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