Venezuela Annual GDP Growth Table
Source: World-bankGrowth | Growth Capita
In 2024, Venezuela experienced a significant an increase in its GDP growth rate, which rise to 5.3% from 4.002% in 2023. Additionally, the GDP per capita growth rate in Venezuela increase to 4.912% in 2024, compared to 3.679% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 3.193% | 3.19% | -0.418% | -0.42% |
| 1962 | 8.533% | 5.34% | 4.803% | 5.22% |
| 1963 | 3.901% | -4.63% | 0.38% | -4.42% |
| 1964 | 11.129% | 7.23% | 7.412% | 7.03% |
| 1965 | 4.163% | -6.97% | 0.725% | -6.69% |
| 1966 | 1.51% | -2.65% | -1.802% | -2.53% |
| 1967 | 2.834% | 1.32% | -0.479% | 1.32% |
| 1968 | 7.337% | 4.50% | 3.936% | 4.42% |
| 1969 | 0.706% | -6.63% | -2.42% | -6.36% |
| 1970 | 7.712% | 7.01% | 4.425% | 6.85% |
| 1971 | 1.479% | -6.23% | -1.574% | -6.00% |
| 1972 | 1.283% | -0.20% | -1.715% | -0.14% |
| 1973 | 7.11% | 5.83% | 3.979% | 5.69% |
| 1974 | 2.069% | -5.04% | -0.887% | -4.87% |
| 1975 | 2.896% | 0.83% | -0.067% | 0.82% |
| 1976 | 7.728% | 4.83% | 4.637% | 4.70% |
| 1977 | 6.271% | -1.46% | 3.232% | -1.41% |
| 1978 | 2.347% | -3.92% | -0.563% | -3.80% |
| 1979 | 0.764% | -1.58% | -2.074% | -1.51% |
| 1980 | -4.421% | -5.19% | -7.075% | -5.00% |
| 1981 | -1.288% | 3.13% | -3.988% | 3.09% |
| 1982 | 2.645% | 3.93% | -0.122% | 3.87% |
| 1983 | -9.856% | -12.50% | -12.252% | -12.13% |
| 1984 | 5.223% | 15.08% | 2.46% | 14.71% |
| 1985 | 0.867% | -4.36% | -1.747% | -4.21% |
| 1986 | 6.08% | 5.21% | 3.345% | 5.09% |
| 1987 | 4.801% | -1.28% | 2.115% | -1.23% |
| 1988 | 6.51% | 1.71% | 3.823% | 1.71% |
| 1989 | -13.92% | -20.43% | -16.046% | -19.87% |
| 1990 | 6.468% | 20.39% | 3.901% | 19.95% |
| 1991 | 9.73% | 3.26% | 7.147% | 3.25% |
| 1992 | 6.06% | -3.67% | 3.631% | -3.52% |
| 1993 | 0.275% | -5.79% | -1.959% | -5.59% |
| 1994 | -2.349% | -2.62% | -4.465% | -2.51% |
| 1995 | 3.952% | 6.30% | 1.757% | 6.22% |
| 1996 | -0.198% | -4.15% | -2.26% | -4.02% |
| 1997 | 6.371% | 6.57% | 4.212% | 6.47% |
| 1998 | 0.294% | -6.08% | -1.702% | -5.91% |
| 1999 | -5.97% | -6.26% | -7.788% | -6.09% |
| 2000 | 3.687% | 9.66% | 1.742% | 9.53% |
| 2001 | 3.394% | -0.29% | 1.518% | -0.22% |
| 2002 | -8.856% | -12.25% | -10.489% | -12.01% |
| 2003 | -7.755% | 1.10% | -9.384% | 1.11% |
| 2004 | 18.287% | 26.04% | 16.274% | 25.66% |
| 2005 | 10.318% | -7.97% | 8.485% | -7.79% |
| 2006 | 9.872% | -0.45% | 8.101% | -0.38% |
| 2007 | 8.754% | -1.12% | 7.083% | -1.02% |
| 2008 | 5.278% | -3.48% | 3.761% | -3.32% |
| 2009 | -3.202% | -8.48% | -4.511% | -8.27% |
| 2010 | -1.489% | 1.71% | -2.77% | 1.74% |
| 2011 | 4.176% | 5.67% | 2.848% | 5.62% |
| 2012 | 5.626% | 1.45% | 4.309% | 1.46% |
| 2013 | 1.343% | -4.28% | 0.129% | -4.18% |
| 2014 | -3.894% | -5.24% | -4.98% | -5.11% |
| 2015 | -6.221% | -2.33% | -7.203% | -2.22% |
| 2016 | -17.04% | -10.82% | -17.557% | -10.35% |
| 2017 | -15.671% | 1.37% | -15.119% | 2.44% |
| 2018 | -19.655% | -3.98% | -17.613% | -2.49% |
| 2019 | -27.658% | -8.00% | -25.484% | -7.87% |
| 2020 | -29.999% | -2.34% | -28.783% | -3.30% |
| 2021 | 0.955% | 30.95% | 1.693% | 30.48% |
| 2022 | 8.001% | 7.05% | 8.096% | 6.40% |
| 2023 | 4.002% | -4.00% | 3.679% | -4.42% |
| 2024 | 5.3% | 1.30% | 4.912% | 1.23% |