Venezuela Gross Domestic Product: Real
Venezuela VE: GDP: 2010 Price: USD
VE: GDP: 2010 Price: USD data was reported at 421.394 USD bn in 2014. This records a decrease from the previous number of 438.469 USD bn for 2013. VE: GDP: 2010 Price: USD data is updated yearly, averaging 226.668 USD bn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 438.469 USD bn in 2013 and a record low of 101.425 USD bn in 1960. VE: GDP: 2010 Price: USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. 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 constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 421,393.75 2014 | yearly | 1960 - 2014 |
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Venezuela VE: GDP: 2010 Price: USD: Adjusted Net National Income
VE: GDP: 2010 Price: USD: Adjusted Net National Income data was reported at 303.841 USD bn in 2014. This records a decrease from the previous number of 354.734 USD bn for 2013. VE: GDP: 2010 Price: USD: Adjusted Net National Income data is updated yearly, averaging 144.708 USD bn from Dec 1970 (Median) to 2014, with 45 observations. The data reached an all-time high of 388.668 USD bn in 2012 and a record low of 73.006 USD bn in 1971. VE: GDP: 2010 Price: USD: Adjusted Net National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 303,841.32 2014 | yearly | 1970 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Adjusted Net National Income from 1970 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Adjusted Net National Income per Capita
VE: GDP: 2010 Price: USD: Adjusted Net National Income per Capita data was reported at 9,884.755 USD in 2014. This records a decrease from the previous number of 11,700.485 USD for 2013. VE: GDP: 2010 Price: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 7,198.209 USD from Dec 1970 (Median) to 2014, with 45 observations. The data reached an all-time high of 13,801.416 USD in 2008 and a record low of 6,115.494 USD in 1971. VE: GDP: 2010 Price: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 9,884.75 2014 | yearly | 1970 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Adjusted Net National Income per Capita from 1970 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Exports of Goods and Services
VE: GDP: 2010 Price: USD: Exports of Goods and Services data was reported at 106.711 USD bn in 2014. This records a decrease from the previous number of 111.925 USD bn for 2013. VE: GDP: 2010 Price: USD: Exports of Goods and Services data is updated yearly, averaging 146.599 USD bn from Dec 1973 (Median) to 2014, with 42 observations. The data reached an all-time high of 219.126 USD bn in 1996 and a record low of 92.262 USD bn in 1973. VE: GDP: 2010 Price: USD: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 106,711.47 2014 | yearly | 1973 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Exports of Goods and Services from 1973 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Final Consumption Expenditure
VE: GDP: 2010 Price: USD: Final Consumption Expenditure data was reported at 299.640 USD bn in 2014. This records a decrease from the previous number of 307.468 USD bn for 2013. VE: GDP: 2010 Price: USD: Final Consumption Expenditure data is updated yearly, averaging 120.899 USD bn from Dec 1961 (Median) to 2014, with 54 observations. The data reached an all-time high of 307.468 USD bn in 2013 and a record low of 34.405 USD bn in 1961. VE: GDP: 2010 Price: USD: Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 299,640.06 2014 | yearly | 1961 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Final Consumption Expenditure from 1961 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Final Consumption Expenditure: General Government
VE: GDP: 2010 Price: USD: Final Consumption Expenditure: General Government data was reported at 51.592 USD bn in 2014. This records an increase from the previous number of 51.264 USD bn for 2013. VE: GDP: 2010 Price: USD: Final Consumption Expenditure: General Government data is updated yearly, averaging 14.269 USD bn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 51.592 USD bn in 2014 and a record low of 5.649 USD bn in 1962. VE: GDP: 2010 Price: USD: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 51,592.21 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Final Consumption Expenditure: General Government from 1960 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Final Consumption Expenditure: Household
VE: GDP: 2010 Price: USD: Final Consumption Expenditure: Household data was reported at 247.616 USD bn in 2014. This records a decrease from the previous number of 256.231 USD bn for 2013. VE: GDP: 2010 Price: USD: Final Consumption Expenditure: Household data is updated yearly, averaging 106.866 USD bn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 256.231 USD bn in 2013 and a record low of 28.334 USD bn in 1960. VE: GDP: 2010 Price: USD: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 247,615.91 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Final Consumption Expenditure: Household from 1960 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD:(GDP) Gross Domestic Productper Capita
VE: GDP: 2010 Price: USD: GDP per Capita data was reported at 13,709.043 USD in 2014. This records a decrease from the previous number of 14,462.420 USD for 2013. VE: GDP: 2010 Price: USD: GDP per Capita data is updated yearly, averaging 13,148.200 USD from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 15,557.332 USD in 1977 and a record low of 9,710.307 USD in 2003. VE: GDP: 2010 Price: USD: GDP per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. GDP per capita is gross domestic product divided by midyear population. GDP 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 constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 13,709.04 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD:(GDP) Gross Domestic Productper Capita from 1960 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: GNI per Capita
VE: GDP: 2010 Price: USD: GNI per Capita data was reported at 13,607.755 USD in 2014. This records a decrease from the previous number of 13,954.673 USD for 2013. VE: GDP: 2010 Price: USD: GNI per Capita data is updated yearly, averaging 12,959.921 USD from Dec 1961 (Median) to 2014, with 54 observations. The data reached an all-time high of 15,662.002 USD in 1977 and a record low of 9,455.878 USD in 2003. VE: GDP: 2010 Price: USD: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 13,607.75 2014 | yearly | 1961 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: GNI per Capita from 1961 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Gross Capital Formation
VE: GDP: 2010 Price: USD: Gross Capital Formation data was reported at 81.883 USD bn in 2014. This records a decrease from the previous number of 106.237 USD bn for 2013. VE: GDP: 2010 Price: USD: Gross Capital Formation data is updated yearly, averaging 27.875 USD bn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 123.460 USD bn in 2012 and a record low of 11.613 USD bn in 1961. VE: GDP: 2010 Price: USD: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 81,882.68 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Gross Capital Formation from 1960 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Gross Fixed Capital Formation
VE: GDP: 2010 Price: USD: Gross Fixed Capital Formation data was reported at 71.451 USD bn in 2014. This records a decrease from the previous number of 85.996 USD bn for 2013. VE: GDP: 2010 Price: USD: Gross Fixed Capital Formation data is updated yearly, averaging 24.906 USD bn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 94.535 USD bn in 2012 and a record low of 10.394 USD bn in 1961. VE: GDP: 2010 Price: USD: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 71,450.95 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Gross Fixed Capital Formation from 1960 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Gross National Expenditure
VE: GDP: 2010 Price: USD: Gross National Expenditure data was reported at 381.523 USD bn in 2014. This records a decrease from the previous number of 413.704 USD bn for 2013. VE: GDP: 2010 Price: USD: Gross National Expenditure data is updated yearly, averaging 146.527 USD bn from Dec 1961 (Median) to 2014, with 54 observations. The data reached an all-time high of 417.861 USD bn in 2012 and a record low of 46.017 USD bn in 1961. VE: GDP: 2010 Price: USD: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 381,522.74 2014 | yearly | 1961 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Gross National Expenditure from 1961 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Gross National Income
VE: GDP: 2010 Price: USD: Gross National Income data was reported at 418.280 USD bn in 2014. This records a decrease from the previous number of 423.076 USD bn for 2013. VE: GDP: 2010 Price: USD: Gross National Income data is updated yearly, averaging 226.998 USD bn from Dec 1961 (Median) to 2014, with 54 observations. The data reached an all-time high of 423.076 USD bn in 2013 and a record low of 100.336 USD bn in 1961. VE: GDP: 2010 Price: USD: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 418,280.31 2014 | yearly | 1961 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Gross National Income from 1961 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Agriculture
VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Agriculture data was reported at 0.019 USD mn in 2014. This records a decrease from the previous number of 0.022 USD mn for 2013. VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Agriculture data is updated yearly, averaging 0.019 USD mn from Dec 1991 (Median) to 2014, with 24 observations. The data reached an all-time high of 0.022 USD mn in 2013 and a record low of 0.014 USD mn in 1994. VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Agriculture corresponds to the International Standard Industrial Classification (ISIC) tabulation categories A and B (revision 3) or tabulation category A (revision 4), and includes forestry, hunting, and fishing as well as cultivation of crops and livestock production.; ; Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.02 2014 | yearly | 1991 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Agriculture from 1991 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Industry
VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Industry data was reported at 0.068 USD mn in 2014. This records a decrease from the previous number of 0.075 USD mn for 2013. VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Industry data is updated yearly, averaging 0.084 USD mn from Dec 1991 (Median) to 2014, with 24 observations. The data reached an all-time high of 0.104 USD mn in 1996 and a record low of 0.066 USD mn in 2010. VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).; ; Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 0.07 2014 | yearly | 1991 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Industry from 1991 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Services
VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Services data was reported at 0.019 USD mn in 2014. This records a decrease from the previous number of 0.019 USD mn for 2013. VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Services data is updated yearly, averaging 0.019 USD mn from Dec 1991 (Median) to 2014, with 24 observations. The data reached an all-time high of 0.022 USD mn in 1991 and a record low of 0.014 USD mn in 2003. VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Services corresponds to the International Standard Industrial Classification (ISIC) tabulation categories G-P (revision 3) or tabulation categories G-U (revision 4), and includes wholesale and retail trade and restaurants and hotels; transport, storage, and communications; financing, insurance, real estate, and business services; and community, social and personal services.; ; Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.02 2014 | yearly | 1991 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Gross Value Added Per Worker: Services from 1991 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost
VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost data was reported at 392.659 USD bn in 2014. This records a decrease from the previous number of 405.900 USD bn for 2013. VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost data is updated yearly, averaging 229.975 USD bn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 405.900 USD bn in 2013 and a record low of 99.230 USD bn in 1960. VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 392,659.21 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost from 1960 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Agriculture
VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Agriculture data was reported at 20.056 USD bn in 2014. This records a decrease from the previous number of 21.015 USD bn for 2013. VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Agriculture data is updated yearly, averaging 14.160 USD bn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 21.377 USD bn in 2012 and a record low of 4.636 USD bn in 1960. VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 20,056.03 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Agriculture from 1960 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry
VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry data was reported at 192.501 USD bn in 2014. This records a decrease from the previous number of 204.446 USD bn for 2013. VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry data is updated yearly, averaging 146.271 USD bn from Dec 1968 (Median) to 2014, with 47 observations. The data reached an all-time high of 207.232 USD bn in 2008 and a record low of 107.622 USD bn in 1969. VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 192,500.80 2014 | yearly | 1968 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry from 1968 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry: Manufacturing
VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data was reported at 45.738 USD bn in 2014. This records a decrease from the previous number of 49.299 USD bn for 2013. VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data is updated yearly, averaging 31.876 USD bn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 56.993 USD bn in 2007 and a record low of 9.108 USD bn in 1960. VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are expressed constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 45,737.62 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Industry: Manufacturing from 1960 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Services
VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Services data was reported at 174.509 USD bn in 2014. This records a decrease from the previous number of 176.882 USD bn for 2013. VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 92.004 USD bn from Dec 1968 (Median) to 2014, with 47 observations. The data reached an all-time high of 176.882 USD bn in 2013 and a record low of 45.692 USD bn in 1968. VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 174,509.00 2014 | yearly | 1968 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Gross Value Added at Factor Cost: Services from 1968 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Household Final Consumption Expenditure per Capita
VE: GDP: 2010 Price: USD: Household Final Consumption Expenditure per Capita data was reported at 8,055.595 USD in 2014. This records a decrease from the previous number of 8,451.494 USD for 2013. VE: GDP: 2010 Price: USD: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 5,534.803 USD from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 8,451.494 USD in 2013 and a record low of 3,327.997 USD in 1963. VE: GDP: 2010 Price: USD: Household Final Consumption Expenditure per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2010 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 8,055.59 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Household Final Consumption Expenditure per Capita from 1960 to 2014 in the chart:
Venezuela VE: GDP: 2010 Price: USD: Imports of Goods and Services
VE: GDP: 2010 Price: USD: Imports of Goods and Services data was reported at 73.114 USD bn in 2014. This records a decrease from the previous number of 89.745 USD bn for 2013. VE: GDP: 2010 Price: USD: Imports of Goods and Services data is updated yearly, averaging 22.048 USD bn from Dec 1973 (Median) to 2014, with 42 observations. The data reached an all-time high of 99.372 USD bn in 2012 and a record low of 9.925 USD bn in 1974. VE: GDP: 2010 Price: USD: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 73,113.68 2014 | yearly | 1973 - 2014 |
View Venezuela's Venezuela VE: GDP: 2010 Price: USD: Imports of Goods and Services from 1973 to 2014 in the chart:
Venezuela VE: GDP: Real
VE: GDP: Real data was reported at 59,810.257 VEF mn in 2014. This records a decrease from the previous number of 62,233.885 VEF mn for 2013. VE: GDP: Real data is updated yearly, averaging 32,172.029 VEF mn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 62,233.885 VEF mn in 2013 and a record low of 14,395.637 VEF mn in 1960. VE: GDP: Real data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. GDP 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 59,810.26 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: Real from 1960 to 2014 in the chart:
Venezuela VE: GDP: Real: Changes in Inventories
VE: GDP: Real: Changes in Inventories data was reported at 2,823.327 VEF mn in 2014. This records a decrease from the previous number of 5,208.353 VEF mn for 2013. VE: GDP: Real: Changes in Inventories data is updated yearly, averaging 902.317 VEF mn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 7,297.346 VEF mn in 2012 and a record low of -1,122.604 VEF mn in 1983. VE: GDP: Real: Changes in Inventories data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 2,823.33 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Changes in Inventories from 1960 to 2014 in the chart:
Venezuela VE: GDP: Real: Discrepancy
VE: GDP: Real: Discrepancy data was reported at 0.000 VEF mn in 2013. This stayed constant from the previous number of 0.000 VEF mn for 2012. VE: GDP: Real: Discrepancy data is updated yearly, averaging 0.000 VEF mn from Dec 1973 (Median) to 2013, with 41 observations. The data reached an all-time high of 5,776.809 VEF mn in 1973 and a record low of 0.000 VEF mn in 2013. VE: GDP: Real: Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. A statistical discrepancy usually arises when the GDP components are estimated independently by industrial origin and by expenditure categories. This item represents the discrepancy in the use of resources (i.e., the estimate of GDP by expenditure categories). Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 0.00 2013 | yearly | 1973 - 2013 |
View Venezuela's Venezuela VE: GDP: Real: Discrepancy from 1973 to 2013 in the chart:
Venezuela VE: GDP: Real: Exports as a Capacity to Import
VE: GDP: Real: Exports as a Capacity to Import data was reported at 11,989.659 VEF mn in 2014. This records a decrease from the previous number of 23,226.309 VEF mn for 2013. VE: GDP: Real: Exports as a Capacity to Import data is updated yearly, averaging 7,563.143 VEF mn from Dec 1973 (Median) to 2014, with 42 observations. The data reached an all-time high of 40,101.105 VEF mn in 2008 and a record low of 4,288.277 VEF mn in 1978. VE: GDP: Real: Exports as a Capacity to Import data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Exports as a capacity to import equals the current price value of exports of goods and services deflated by the import price index. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 11,989.66 2014 | yearly | 1973 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Exports as a Capacity to Import from 1973 to 2014 in the chart:
Venezuela VE: GDP: Real: Exports of Goods and Services
VE: GDP: Real: Exports of Goods and Services data was reported at 7,444.336 VEF mn in 2014. This records a decrease from the previous number of 7,808.034 VEF mn for 2013. VE: GDP: Real: Exports of Goods and Services data is updated yearly, averaging 10,226.920 VEF mn from Dec 1973 (Median) to 2014, with 42 observations. The data reached an all-time high of 15,286.525 VEF mn in 1996 and a record low of 6,436.341 VEF mn in 1973. VE: GDP: Real: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 7,444.34 2014 | yearly | 1973 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Exports of Goods and Services from 1973 to 2014 in the chart:
Venezuela VE: GDP: Real: External Balance of Goods and Services
VE: GDP: Real: External Balance of Goods and Services data was reported at -15,105.265 VEF mn in 2014. This records an increase from the previous number of -19,871.094 VEF mn for 2013. VE: GDP: Real: External Balance of Goods and Services data is updated yearly, averaging 2,891.854 VEF mn from Dec 1973 (Median) to 2014, with 42 observations. The data reached an all-time high of 10,138.304 VEF mn in 1974 and a record low of -22,326.664 VEF mn in 2012. VE: GDP: Real: External Balance of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| -15,105.26 2014 | yearly | 1973 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: External Balance of Goods and Services from 1973 to 2014 in the chart:
Venezuela VE: GDP: Real: Final Consumption Expenditure
VE: GDP: Real: Final Consumption Expenditure data was reported at 55,629.225 VEF mn in 2014. This records a decrease from the previous number of 57,082.433 VEF mn for 2013. VE: GDP: Real: Final Consumption Expenditure data is updated yearly, averaging 22,445.360 VEF mn from Dec 1961 (Median) to 2014, with 54 observations. The data reached an all-time high of 57,082.433 VEF mn in 2013 and a record low of 6,387.368 VEF mn in 1961. VE: GDP: Real: Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 55,629.22 2014 | yearly | 1961 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Final Consumption Expenditure from 1961 to 2014 in the chart:
Venezuela VE: GDP: Real: Final Consumption Expenditure: General Government
VE: GDP: Real: Final Consumption Expenditure: General Government data was reported at 11,717.868 VEF mn in 2014. This records an increase from the previous number of 11,643.284 VEF mn for 2013. VE: GDP: Real: Final Consumption Expenditure: General Government data is updated yearly, averaging 3,240.910 VEF mn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 11,717.868 VEF mn in 2014 and a record low of 1,282.940 VEF mn in 1962. VE: GDP: Real: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 11,717.87 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Final Consumption Expenditure: General Government from 1960 to 2014 in the chart:
Venezuela VE: GDP: Real: Final Consumption Expenditure: Household
VE: GDP: Real: Final Consumption Expenditure: Household data was reported at 43,911.357 VEF mn in 2014. This records a decrease from the previous number of 45,439.149 VEF mn for 2013. VE: GDP: Real: Final Consumption Expenditure: Household data is updated yearly, averaging 18,951.306 VEF mn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 45,439.149 VEF mn in 2013 and a record low of 5,024.621 VEF mn in 1960. VE: GDP: Real: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 43,911.36 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Final Consumption Expenditure: Household from 1960 to 2014 in the chart:
Venezuela VE: GDP: Real: GNI per Capita
VE: GDP: Real: GNI per Capita data was reported at 1,921.885 VEF in 2014. This records a decrease from the previous number of 1,970.882 VEF for 2013. VE: GDP: Real: GNI per Capita data is updated yearly, averaging 1,830.389 VEF from Dec 1961 (Median) to 2014, with 54 observations. The data reached an all-time high of 2,212.016 VEF in 1977 and a record low of 1,335.497 VEF in 2003. VE: GDP: Real: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 1,921.89 2014 | yearly | 1961 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: GNI per Capita from 1961 to 2014 in the chart:
Venezuela VE: GDP: Real: Gross Capital Formation
VE: GDP: Real: Gross Capital Formation data was reported at 19,286.297 VEF mn in 2014. This records a decrease from the previous number of 25,022.546 VEF mn for 2013. VE: GDP: Real: Gross Capital Formation data is updated yearly, averaging 6,565.493 VEF mn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 29,079.179 VEF mn in 2012 and a record low of 2,735.206 VEF mn in 1961. VE: GDP: Real: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 19,286.30 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Gross Capital Formation from 1960 to 2014 in the chart:
Venezuela VE: GDP: Real: Gross Domestic Income
VE: GDP: Real: Gross Domestic Income data was reported at 64,355.580 VEF mn in 2014. This records a decrease from the previous number of 77,652.160 VEF mn for 2013. VE: GDP: Real: Gross Domestic Income data is updated yearly, averaging 33,557.394 VEF mn from Dec 1973 (Median) to 2014, with 42 observations. The data reached an all-time high of 88,219.996 VEF mn in 2008 and a record low of 20,373.156 VEF mn in 1974. VE: GDP: Real: Gross Domestic Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Gross domestic income is derived as the sum of GDP and the terms of trade adjustment. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 64,355.58 2014 | yearly | 1973 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Gross Domestic Income from 1973 to 2014 in the chart:
Venezuela VE: GDP: Real: Gross Fixed Capital Formation
VE: GDP: Real: Gross Fixed Capital Formation data was reported at 16,462.970 VEF mn in 2014. This records a decrease from the previous number of 19,814.193 VEF mn for 2013. VE: GDP: Real: Gross Fixed Capital Formation data is updated yearly, averaging 5,738.531 VEF mn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 21,781.833 VEF mn in 2012 and a record low of 2,394.879 VEF mn in 1961. VE: GDP: Real: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 16,462.97 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Gross Fixed Capital Formation from 1960 to 2014 in the chart:
Venezuela VE: GDP: Real: Gross National Expenditure
VE: GDP: Real: Gross National Expenditure data was reported at 74,915.522 VEF mn in 2014. This records a decrease from the previous number of 82,104.979 VEF mn for 2013. VE: GDP: Real: Gross National Expenditure data is updated yearly, averaging 29,028.598 VEF mn from Dec 1961 (Median) to 2014, with 54 observations. The data reached an all-time high of 83,735.767 VEF mn in 2012 and a record low of 9,122.574 VEF mn in 1961. VE: GDP: Real: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 74,915.52 2014 | yearly | 1961 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Gross National Expenditure from 1961 to 2014 in the chart:
Venezuela VE: GDP: Real: Gross National Income
VE: GDP: Real: Gross National Income data was reported at 59,075.638 VEF mn in 2014. This records a decrease from the previous number of 59,752.906 VEF mn for 2013. VE: GDP: Real: Gross National Income data is updated yearly, averaging 32,060.016 VEF mn from Dec 1961 (Median) to 2014, with 54 observations. The data reached an all-time high of 59,752.906 VEF mn in 2013 and a record low of 14,170.847 VEF mn in 1961. VE: GDP: Real: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 59,075.64 2014 | yearly | 1961 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Gross National Income from 1961 to 2014 in the chart:
VE: GDP: Real: Gross Value Added at Basic Prices
VE: GDP: Real: Gross Value Added at Basic Prices data was reported at 53,454.193 VEF mn in 2014. This records a decrease from the previous number of 55,256.660 VEF mn for 2013. VE: GDP: Real: Gross Value Added at Basic Prices data is updated yearly, averaging 31,307.414 VEF mn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 55,256.660 VEF mn in 2013 and a record low of 13,508.603 VEF mn in 1960. VE: GDP: Real: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Gross value added at basic prices (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at basic prices is derived by subtracting net product taxes from GDP. Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 53,454.193 2014 | yearly | 1960 - 2014 |
View Venezuela's VE: GDP: Real: Gross Value Added at Basic Prices from 1960 to 2014 in the chart:
VE: GDP: Real: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing
VE: GDP: Real: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data was reported at 2,516.759 VEF mn in 2014. This records a decrease from the previous number of 2,637.158 VEF mn for 2013. VE: GDP: Real: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data is updated yearly, averaging 1,776.853 VEF mn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 2,682.529 VEF mn in 2012 and a record low of 581.768 VEF mn in 1960. VE: GDP: Real: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 2,516.759 2014 | yearly | 1960 - 2014 |
View Venezuela's VE: GDP: Real: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing from 1960 to 2014 in the chart:
Venezuela VE: GDP: Real: Gross Value Added at Factor Cost
VE: GDP: Real: Gross Value Added at Factor Cost data was reported at 53,454.193 VEF mn in 2014. This records a decrease from the previous number of 55,256.660 VEF mn for 2013. VE: GDP: Real: Gross Value Added at Factor Cost data is updated yearly, averaging 31,307.414 VEF mn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 55,256.660 VEF mn in 2013 and a record low of 13,508.603 VEF mn in 1960. VE: GDP: Real: Gross Value Added at Factor Cost data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 53,454.19 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Gross Value Added at Factor Cost from 1960 to 2014 in the chart:
Venezuela VE: GDP: Real: Gross Value Added at Factor Cost: Agriculture
VE: GDP: Real: Gross Value Added at Factor Cost: Agriculture data was reported at 2,516.759 VEF mn in 2014. This records a decrease from the previous number of 2,637.158 VEF mn for 2013. VE: GDP: Real: Gross Value Added at Factor Cost: Agriculture data is updated yearly, averaging 1,776.853 VEF mn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 2,682.529 VEF mn in 2012 and a record low of 581.768 VEF mn in 1960. VE: GDP: Real: Gross Value Added at Factor Cost: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 2,516.76 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Gross Value Added at Factor Cost: Agriculture from 1960 to 2014 in the chart:
Venezuela VE: GDP: Real: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured
VE: GDP: Real: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured data was reported at 4,840.333 VEF mn in 2014. This records an increase from the previous number of 4,553.552 VEF mn for 2013. VE: GDP: Real: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured data is updated yearly, averaging 4,553.552 VEF mn from Dec 2012 (Median) to 2014, with 3 observations. The data reached an all-time high of 4,840.333 VEF mn in 2014 and a record low of 3,873.903 VEF mn in 2012. VE: GDP: Real: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 4,840.333 2014 | yearly | 2012 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured from 2012 to 2014 in the chart:
Venezuela VE: GDP: Real: Gross Value Added at Factor Cost: Industry
VE: GDP: Real: Gross Value Added at Factor Cost: Industry data was reported at 20,421.357 VEF mn in 2014. This records a decrease from the previous number of 21,688.511 VEF mn for 2013. VE: GDP: Real: Gross Value Added at Factor Cost: Industry data is updated yearly, averaging 15,517.112 VEF mn from Dec 1968 (Median) to 2014, with 47 observations. The data reached an all-time high of 21,984.152 VEF mn in 2008 and a record low of 11,417.049 VEF mn in 1969. VE: GDP: Real: Gross Value Added at Factor Cost: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 20,421.36 2014 | yearly | 1968 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Gross Value Added at Factor Cost: Industry from 1968 to 2014 in the chart:
Venezuela VE: GDP: Real: Gross Value Added at Factor Cost: Industry: Manufacturing
VE: GDP: Real: Gross Value Added at Factor Cost: Industry: Manufacturing data was reported at 7,913.800 VEF mn in 2014. This records a decrease from the previous number of 8,530.054 VEF mn for 2013. VE: GDP: Real: Gross Value Added at Factor Cost: Industry: Manufacturing data is updated yearly, averaging 5,515.404 VEF mn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 9,861.352 VEF mn in 2007 and a record low of 1,575.845 VEF mn in 1960. VE: GDP: Real: Gross Value Added at Factor Cost: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 7,913.80 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Gross Value Added at Factor Cost: Industry: Manufacturing from 1960 to 2014 in the chart:
Venezuela VE: GDP: Real: Gross Value Added at Factor Cost: Services
VE: GDP: Real: Gross Value Added at Factor Cost: Services data was reported at 30,516.077 VEF mn in 2014. This records a decrease from the previous number of 30,930.991 VEF mn for 2013. VE: GDP: Real: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 16,088.631 VEF mn from Dec 1968 (Median) to 2014, with 47 observations. The data reached an all-time high of 30,930.991 VEF mn in 2013 and a record low of 7,990.010 VEF mn in 1968. VE: GDP: Real: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 30,516.08 2014 | yearly | 1968 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Gross Value Added at Factor Cost: Services from 1968 to 2014 in the chart:
Venezuela VE: GDP: Real: Imports of Goods and Services
VE: GDP: Real: Imports of Goods and Services data was reported at 22,549.601 VEF mn in 2014. This records a decrease from the previous number of 27,679.128 VEF mn for 2013. VE: GDP: Real: Imports of Goods and Services data is updated yearly, averaging 6,799.950 VEF mn from Dec 1973 (Median) to 2014, with 42 observations. The data reached an all-time high of 30,648.106 VEF mn in 2012 and a record low of 3,061.014 VEF mn in 1974. VE: GDP: Real: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 22,549.60 2014 | yearly | 1973 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Imports of Goods and Services from 1973 to 2014 in the chart:
Venezuela VE: GDP: Real: Net Current Transfer from Abroad
VE: GDP: Real: Net Current Transfer from Abroad data was reported at -219.028 VEF mn in 2012. This records a decrease from the previous number of -207.436 VEF mn for 2011. VE: GDP: Real: Net Current Transfer from Abroad data is updated yearly, averaging -122.380 VEF mn from Dec 1974 (Median) to 2012, with 39 observations. The data reached an all-time high of 72.014 VEF mn in 1996 and a record low of -251.364 VEF mn in 2007. VE: GDP: Real: Net Current Transfer from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| -219.03 2012 | yearly | 1974 - 2012 |
View Venezuela's Venezuela VE: GDP: Real: Net Current Transfer from Abroad from 1974 to 2012 in the chart:
Venezuela VE: GDP: Real: Net Taxes on Product
VE: GDP: Real: Net Taxes on Product data was reported at 6,356.064 VEF mn in 2014. This records a decrease from the previous number of 6,977.225 VEF mn for 2013. VE: GDP: Real: Net Taxes on Product data is updated yearly, averaging 983.150 VEF mn from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 7,078.015 VEF mn in 2012 and a record low of 374.155 VEF mn in 1990. VE: GDP: Real: Net Taxes on Product data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 6,356.06 2014 | yearly | 1960 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Net Taxes on Product from 1960 to 2014 in the chart:
Venezuela VE: GDP: Real: Terms of Trade Adjustment
VE: GDP: Real: Terms of Trade Adjustment data was reported at 4,545.323 VEF mn in 2014. This records a decrease from the previous number of 15,418.275 VEF mn for 2013. VE: GDP: Real: Terms of Trade Adjustment data is updated yearly, averaging -1,417.008 VEF mn from Dec 1973 (Median) to 2014, with 42 observations. The data reached an all-time high of 29,694.922 VEF mn in 2008 and a record low of -6,109.152 VEF mn in 1974. VE: GDP: Real: Terms of Trade Adjustment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Real. The terms of trade effect equals capacity to import less exports of goods and services in constant prices. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 4,545.32 2014 | yearly | 1973 - 2014 |
View Venezuela's Venezuela VE: GDP: Real: Terms of Trade Adjustment from 1973 to 2014 in the chart:
Venezuela VE: GDP: Real: per Capita
VE: GDP: Real: per Capita data was reported at 1,945.784 VEF in 2014. This records a decrease from the previous number of 2,052.714 VEF for 2013. VE: GDP: Real: per Capita data is updated yearly, averaging 1,866.182 VEF from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 2,208.120 VEF in 1977 and a record low of 1,378.226 VEF in 2003. VE: GDP: Real: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Real. GDP per capita is gross domestic product divided by midyear population. 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 constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 1,945.78 2014 | yearly | 1960 - 2014 |