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Venezuela - Economic overview

Contents extracted from the comprehensive atlas of international trade by Export Entreprises

General economic indicators

GDP (billions USD)296316381367377
GDP (annual % change, constant prices)-14612
GDP per capita10.3210.8912.9212.2612.38
General government balance-8-14-21-14-13
Inflation rate2826213838
Current account (billions USD)9241118
Current account (annual % change)38332
Unemployment rate98891


Value added (annual % change)1145-
Value added (in % of GDP)66---
Value added (in % of total employment)99-8-


Value added (annual % change)-5-347-
Value added (in % of GDP)4452---
Value added (in % of total employment)2322-21-


Value added (annual % change)-1-44-
Value added (in % of GDP)542---
Value added (in % of total employment)6869-71-

Exchange Rate

Exchange Rate23446

Foreign trade in figures

Imports of goods40.639.548.260.553.5
Exports of goods57.5965.7592.8197.3486.7
Imports of services9.2212.5515.0317.0817.11
Exports of services1.81.631.71.851.93
Imports of goods and services (annual % change)-2-31524-
Growth rate of exports of goods and services (in %)-14-1352-
Trade Balance16.4327.2346.0338.03-
Current account8.56-
Share of foreign trade in GDP394655-
Share of imports of goods and services in GDP218224-
Share of exports of goods and services in GDP1829326-

Exchanged goods

FDI in figures

FDI inward flow1.7412.1691.8493.7783.216
FDI stock43.81142.60841.39344.57649.079
Performance Index*, ranking on 141 economies154/181176/181180/181148/181
Potential Index**, ranking on 141 economies41/141--41/177
Number of Greenfield investments***11111115
FDI (in % of GFCF****)2-3374
FDI (in % of GDP)1413111413
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