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Venezuela: economy and key statistics

Venezuela is number 78 in the 311 Nations Index, with a GDP of $99.7 billion in 2025. GDP per person is $3,495. The economy grew by 1.6% in 2025. Unemployment is 5.3%.

Part of the 311 Nations Index (311institute.com). Last updated .

#78GDP rank
Lower middle incomeIncome group
Latin America & CaribbeanRegion
CaracasCapital
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National power

Venezuela is number 151 in the 311 National Power Index, scoring 20.8 out of 100: economic 32, technology 10, military 0 and human capital 55.

Economy at a glance

IndicatorLatest figureYear
GDP$99.7 billion2025
GDP per person$3,4952025
Economic growth+1.6%2025
Unemployment5.3%2025
Population28.5 million2025
Labour force11.1 million2025
Exports share of GDP15%2025
Foreign direct investment1.4% of GDP2024
Internet users77% of people2024

Other economies in South America

Questions and answers

How big is the economy of Venezuela?

Venezuela had a GDP of $99.7 billion in 2025, ranking number 78 in the 311 Nations Index.

What is GDP per person in Venezuela?

GDP per person in Venezuela was $3,495 in 2025.

How fast is the economy of Venezuela growing?

The economy of Venezuela grew by 1.6% in 2025.

Source: World Bank, World Development Indicators (CC BY 4.0).

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