Venezuela - GDP (current LCU)

The value for GDP (current LCU) in Venezuela was 3,031,240,000,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 3,031,240,000,000 in 2014 and a minimum value of 25,671,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 25,671,000
1961 27,024,000
1962 29,525,000
1963 32,186,000
1964 35,637,000
1965 37,925,000
1966 39,516,000
1967 41,625,000
1968 45,155,000
1969 46,283,000
1970 52,025,000
1971 57,141,000
1972 61,502,000
1973 73,253,000
1974 112,234,000
1975 118,098,000
1976 135,104,000
1977 155,706,000
1978 169,060,000
1979 207,737,000
1980 254,201,000
1981 285,208,000
1982 291,268,000
1983 290,492,000
1984 420,072,000
1985 464,741,000
1986 489,172,000
1987 696,421,000
1988 873,283,000
1989 1,510,361,000
1990 2,279,261,000
1991 3,037,492,000
1992 4,131,483,000
1993 5,453,903,000
1994 8,675,172,000
1995 13,685,690,000
1996 29,437,680,000
1997 41,943,150,000
1998 50,012,970,000
1999 59,344,600,000
2000 79,655,690,000
2001 88,945,600,000
2002 107,840,000,000
2003 134,228,000,000
2004 212,683,000,000
2005 304,087,000,000
2006 393,926,000,000
2007 494,592,000,000
2008 677,594,000,000
2009 707,263,000,000
2010 1,016,830,000,000
2011 1,357,490,000,000
2012 1,635,450,000,000
2013 2,245,840,000,000
2014 3,031,240,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts