GDP,constant 2010 LCU,millions,seas. adj. in Venezuela

Venezuela: GDP,constant 2010 LCU,millions,seas. adj. was 6,378 in 2019. ▬ Flat

Latest (2019)
6,378
Change on year
down 79.8%
World rank
90th
of 92 countries
All-time high
62,075
in 2013
All-time low
6,378
in 2019
Years of data
23
1997–2019

GDP,constant 2010 LCU,millions,seas. adj. in Venezuela, 1997–2019

020.0k40.0k60.0k1997200820191997: 41.9k1998: 42.1k1999: 39.5k2000: 40.9k2001: 42.3k2002: 38.7k2003: 35.5k2004: 42.1k2005: 46.4k2006: 51.0k2007: 55.5k2008: 58.5k2009: 56.7k2010: 55.8k2011: 58.1k2012: 61.4k2013: 62.1k2014: 59.7k2015: 56.1k2016: 46.6k2017: 39.4k2018: 31.6k2019: 6.4k

Source: World Bank.

Analysis

The most recent figure for gdp,constant 2010 lcu,millions,seas. adj. in Venezuela is 6,378, measured in 2019. That is the lowest value across all 23 years on record.

Compared with earlier readings it is down 79.8% on the previous year and down 88.8% over ten years.

Over the whole period, gdp,constant 2010 lcu,millions,seas. adj. in Venezuela peaked at 62,075 in 2013 and was at its lowest, 6,378, in 2019.

That places Venezuela 90th out of 92 countries with data for 2019, putting it in the bottom quarter.

GDP,constant 2010 LCU,millions,seas. adj. in Venezuela, year by year

Annual values for GDP,constant 2010 LCU,millions,seas. adj., in Venezuela, 1997 to 2019.
Year Value Change
1997 41,914 —
1998 42,064 +0.4%
1999 39,511 -6.1%
2000 40,928 +3.6%
2001 42,342 +3.5%
2002 38,681 -8.6%
2003 35,535 -8.1%
2004 42,119 +18.5%
2005 46,438 +10.3%
2006 50,978 +9.8%
2007 55,473 +8.8%
2008 58,464 +5.4%
2009 56,710 -3.0%
2010 55,808 -1.6%
2011 58,118 +4.1%
2012 61,380 +5.6%
2013 62,075 +1.1%
2014 59,675 -3.9%
2015 56,140 -5.9%
2016 46,638 -16.9%
2017 39,366 -15.6%
2018 31,637 -19.6%
2019 6,378 -79.8%

Venezuela compared with similar countries

  • Venezuela's 6,378 is below the median for lower middle income countries, which is 66,865, 10% of the median. (13 countries reporting)
  • Venezuela's 6,378 is below the median for Latin America & Caribbean, which is 248,630, 3% of the median. (16 countries reporting)

Biggest year-on-year movements

Years where GDP,constant 2010 LCU,millions,seas. adj. in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2019 -79.8% 31,637 6,378

Averages by decade

DecadeAverage LowestHighest Years
1990s 41,163 39,511 42,064 3
2000s 46,767 35,535 58,464 10
2010s 47,722 6,378 62,075 10

Countries ranked near Venezuela

  1. 87 Kuwait 9,945 compare
  2. 88 Latvia 8,178 compare
  3. 89 Cyprus 7,798 compare
  4. 91 Malta 5,200 compare
  5. 92 Belize 1,381 compare

See the full ranking of 92 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is gdp,constant 2010 lcu,millions,seas. adj. in Venezuela?
Gdp,constant 2010 lcu,millions,seas. adj. in Venezuela was 6,378 in 2019, according to the World Bank.
What is the highest gdp,constant 2010 lcu,millions,seas. adj. recorded in Venezuela?
The highest recorded value was 62,075 in 2013.
What is the lowest gdp,constant 2010 lcu,millions,seas. adj. recorded in Venezuela?
The lowest recorded value was 6,378 in 2019.
How does Venezuela rank for gdp,constant 2010 lcu,millions,seas. adj.?
Venezuela ranks 90th out of 92 countries with data for 2019.
Is gdp,constant 2010 lcu,millions,seas. adj. rising or falling in Venezuela?
Over the last ten years it is down 88.8%. The long-run trend across the full record is flat.
Where does this Venezuela data come from?
The figures come from the World Bank, published as part of GDP,constant 2010 LCU,millions,seas. adj.,. Statizoid updates them automatically from the source API.

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GDP,constant 2010 LCU,millions,seas. adj. in Venezuela. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/gdp-constant-2010-lcu-millions-seas-adj/venezuela-rb/

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About this data

Indicator
GDP,constant 2010 LCU,millions,seas. adj.,
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
92 places, 2,862 data points, 1987–2026
Last refreshed