World Economic Outlook Databases(Source:IMF)

Venezuela, Bolivarian Republic of
ID Subject(Unit) 2017 2018 2019 2020 2021 2022
1 Gross domestic product, constant prices(National currency,Billions) 41.236 38.762 37.987 37.455 36.931 36.451
2 Gross domestic product, constant prices(Percent change) -12 -6 -2 -1.4 -1.4 -1.3
3 Gross domestic product, current prices(National currency,Billions) 198,806.067 4,396,163.715 151,765,228.461 6,047,209,882.911 273,004,084,977.499 12,894,760,150,266.301
4 Gross domestic product, current prices(U.S. dollars,Billions) 215.307 207.789 184.838 192.563 170.347 160.91
5 Gross domestic product, current prices(Purchasing power parity; international dollars,Billions) 389.378 373.119 373.46 375.977 378.413 380.68
6 Gross domestic product, deflator(Index) 482,114.623 11,341,400.135 399,520,455.329 16,145,253,453.875 739,234,207,869.033 35,376,024,485,760.602
7 Gross domestic product per capita, constant prices(National currency,Units) 1,311.955 1,217.857 1,179.001 1,148.736 1,119.594 1,092.298
8 Gross domestic product per capita, constant prices(Purchasing power parity; 2011 international dollar,Units) 11,290.422 10,480.636 10,146.248 9,885.796 9,635.003 9,400.097
9 Gross domestic product per capita, current prices(National currency,Units) 6,325,125.835 138,122,047.302 4,710,350,239.576 185,466,383,396.127 8,276,421,708,889.95 386,411,496,172,156
10 Gross domestic product per capita, current prices(U.S. dollars,Units) 6,850.121 6,528.463 5,736.826 5,905.865 5,164.273 4,821.911
11 Gross domestic product per capita, current prices(Purchasing power parity; international dollars,Units) 12,388.273 11,722.95 11,591.11 11,531.121 11,471.998 11,407.668
12 Output gap in percent of potential GDP(Percent of potential GDP) -99,999 -99,999 -99,999 -99,999 -99,999 -99,999
13 Gross domestic product based on purchasing-power-parity (PPP) share of world total(Percent) 0.307 0.279 0.264 0.251 0.238 0.227
14 Implied PPP conversion rate(National currency per current international dollar) 510.574 11,782.192 406,376.109 16,083,985.869 721,445,517.78 33,872,960,990.724
15 Total investment(Percent of GDP) 9.214 9.661 10.152 10.63 11.174 11.725
16 Gross national savings(Percent of GDP) 8.774 8.313 8.637 9.28 9.647 10.109
17 Inflation, average consumer prices(Index) 36,839.833 902,309.666 32,255,105.141 1,309,677,341.599 60,310,775,388.421 2,885,777,702,701.08
18 Inflation, average consumer prices(Percent change) 652.67 2,349.277 3,474.727 3,960.372 4,505.01 4,684.846
19 Inflation, end of period consumer prices(Index) 106,543.53 2,801,696.273 103,662,043.83 4,353,808,546.077 204,629,310,415.555 9,749,820,520,552.4
20 Inflation, end of period consumer prices(Percent change) 1,133 2,529.626 3,599.974 4,100.003 4,600.007 4,664.626
21 Six-month London interbank offered rate (LIBOR)(Percent) -99,999 -99,999 -99,999 -99,999 -99,999 -99,999
22 Volume of imports of goods and services(Percent change) -5.395 -13.997 -16.931 -13.658 -10.983 -8.559
23 Volume of Imports of goods(Percent change) 1.029 -15.36 -17.626 -13.703 -11.054 -8.669
24 Volume of exports of goods and services(Percent change) -14.352 -11.759 -10.992 -10.526 -1 -1
25 Volume of exports of goods(Percent change) -12.703 -12.281 -11.954 -11.334 -1.079 -1.08
26 Unemployment rate(Percent of total labor force) 26.395 29.787 32.833 34.565 36.252 37.867
27 Employment(Persons,Millions) -99,999 -99,999 -99,999 -99,999 -99,999 -99,999
28 Population(Persons,Millions) 31.431 31.828 32.22 32.605 32.986 33.371
29 General government revenue(National currency,Billions) 26,349.142 558,473.666 18,385,896.748 702,503,123.936 31,306,342,267.242 1,489,869,300,148.09
30 General government revenue(Percent of GDP) 13.254 12.704 12.115 11.617 11.467 11.554
31 General government total expenditure(National currency,Billions) 63,067.406 1,378,787.069 47,516,705.403 1,892,807,193.262 85,435,556,437.422 4,035,089,418,550.42
32 General government total expenditure(Percent of GDP) 31.723 31.363 31.309 31.301 31.295 31.292
33 General government net lending/borrowing(National currency,Billions) -36,718.264 -820,313.402 -29,130,808.655 -1,190,304,069.326 -54,129,214,170.179 -2,545,220,118,402.3
34 General government net lending/borrowing(Percent of GDP) -18.469 -18.66 -19.195 -19.684 -19.827 -19.738
35 General government structural balance(National currency,Billions) -99,999 -99,999 -99,999 -99,999 -99,999 -99,999
36 General government structural balance(Percent of potential GDP) -99,999 -99,999 -99,999 -99,999 -99,999 -99,999
37 General government primary net lending/borrowing(National currency,Billions) -35,759.633 -814,926.799 -29,026,904.259 -1,186,698,781.742 -53,982,550,889.077 -2,538,567,933,027.6
38 General government primary net lending/borrowing(Percent of GDP) -17.987 -18.537 -19.126 -19.624 -19.774 -19.687
39 General government net debt(National currency,Billions) -99,999 -99,999 -99,999 -99,999 -99,999 -99,999
40 General government net debt(Percent of GDP) -99,999 -99,999 -99,999 -99,999 -99,999 -99,999
41 General government gross debt(National currency,Billions) 45,626.59 865,949.171 30,042,841.395 1,222,190,143.754 55,434,869,059.044 2,604,601,211,245.09
42 General government gross debt(Percent of GDP) 22.95 19.698 19.796 20.211 20.306 20.199
43 Gross domestic product corresponding to fiscal year, current prices(National currency,Billions) 198,806.067 4,396,163.715 151,765,228.461 6,047,209,882.911 273,004,084,977.499 12,894,760,150,266.301
44 Current account balance(U.S. dollars,Billions) -0.947 -2.8 -2.8 -2.6 -2.6 -2.6
45 Current account balance(Percent of GDP) -0.44 -1.348 -1.515 -1.35 -1.526 -1.616