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Country Report 2017 - Includes Venezuela real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. Venezuela Economic Growth The economy looks set to shrink for the seventh year running in 2020. Venezuela is the sixth largest member of OPEC by oil production.

- … … GDP Annual Growth Rate in Venezuela is expected to be -30.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Venezuela: Economic growth: the rate of change of real GDP: For that indicator, we provide data for Venezuela from 1961 to 2014. Venezuela GDP (Gross Domestic Product) was INT$179.60billion for 2019 in PPP terms. 4) Venezuela before Chavez. GDP Annual Growth Rate in Venezuela averaged 1.62 percent from 1998 until 2017, reaching an all time high of 36.10 percent in the first quarter of 2004 and a record low of -26.70 percent in the first quarter of 2003. facts.KPIs for more than 20,000 online storesGross domestic product (GDP) per capita in Venezuela 2021Everything you need to know about Consumer GoodsFigures and insights about the advertising and media worldOverview and forecasts on trending topicsInsights into the world's most important technology marketsYou only have access to basic statistics.Key company figures at a glanceCorporate solution including all features.Consumer insights and preferences in various industriesCustomized Research & Analysis projects:All key figures about regions and countriesQuick Analysis with our professional Research Service: The most common products from the manufacturing sector include aluminum, cement, steel, electronics, automobiles, and food and drinks. The statistic shows the growth in real GDP in Venezuela from between 2009 to 2018, with projections up until 2021. Between 1940 and 1948 it grew at 6.8 percent per annum.

Venezuela - Venezuela - The economy: The Venezuelan economy is based primarily on the production and exploitation of petroleum. Access the latest politics analysis and economic growth summary through 2011 for Venezuela from The Economist Intelligence Unit After oil was discovered in Venezuela in 1922 during the Maracaibo strike, Venezuela's dictator Juan Vicente Gómez allowed American oil companies to write Venezuela's petroleum law. Venezuela, RB. Download Historical Data Save as Image. Even more favorable terms were negotiated in 1945, after a coup brought to power a left-leaning government that included Juan Pablo Pérez Alfonso. Venezuela - GDP New Central Bank data reveals the crisis is only worsening. The two are not strictly comparable because poor households tend to have more members than rich households, thus the per household data tends to show less inequality than the per capita data. Venezuela gdp growth rate for 2013 was 1.34%, a 4.28% decline from 2012. In 2014, total trade amounted to 48.1% of the country's GDP. Venezuela gdp …

The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. In 1943, Standard Oil of New Jersey accepted a new agreement in Venezuela based on the 50–50 principle, described as "a landmark event". The collapse in global demand for fuel and U.S. sanctions will cause oil output to crater, hampering the chief engine of economic activity and the key source of foreign exchange.
Venezuela GDP (Gross Domestic Product) was INT$179.60billion for 2019 in PPP terms. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. GDP growth (annual %) - Venezuela, RB. The economy of Venezuela is based largely on the petroleum and manufacturing sectors and has been in a state of total economic collapse since the mid-2010s. Venezuela economic growth for 2012 was $381.29B, a 20.48% increase from 2011. Venezuela’s economic fortunes have been tethered to the price of oil for most of the country’s modern history, a dependency that only worsened after a … The economy of Venezuela is mainly based on petroleum exploitation and manufacturing. The latest value from 2014 is -3.89 percent.

The average value for Venezuela during that period was 2.81 percent with a minimum of -8.86 percent in 2002 and a maximum of 18.29 percent in 2004. All of the above publications are by the World Bank.The more recent income distribution data available is for distribution per capita, not per household. Exports accounted for 16.7% of GDP and petroleum products accounted for about 95% of those exports.

From the late 1940s to 1970 the country was the world’s largest petroleum exporter; it remains one of the principal exporters of oil to the United States. HCI and GDP Per Capita PPP (log scale, horizontal axis) Productivity relative to benchmark of complete education and full health.

On 19 October, the Central Bank of Venezuela (BCV) released fresh macroeconomic data for the first time in six months, underscoring the severity of the crisis currently gripping the country. The statistic shows the growth in real GDP in Venezuela from between 2009 to 2018, with projections up until 2021. In 2021, the panel sees GDP rebounding and growing 1.1%.Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now.

Venezuela economic growth for 2013 was $371.01B, a 2.7% decline from 2012.