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Venezuela GDP by year, 1960 to 2025

Venezuela's GDP fell from $393 billion in 2010 to $43 billion in 2020 and was $100 billion in 2025, 77th in the world, down from 29th in 1980.

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What the data shows

  • Venezuela: $8B in 1960, $100B in 2025 (13× higher). It peaked at $393B in 2010.
  • Serbia: $18B in 1995, $100B in 2025 (5.6× higher). Its low point was $7B in 2000.
  • Côte d'Ivoire: $1B in 1960, $100B in 2025.
  • Lithuania: $8B in 1995, $95B in 2025 (12× higher).

About this chart

Venezuela's GDP peaked in 2010 at $393 billion, and by 2020 it had dropped to $43 billion, about 89 percent lower. The steepest annual falls were 30 percent in 2013, 42 percent in 2015 and 41 percent in 2020. Venezuela ranked 29th in the world in 1980 and 35th in 2000. In 2025 it ranked 77th, with GDP of $100 billion.

A partial recovery lifted GDP from $43 billion in 2020 to $121 billion in 2024, before it slipped to $99.7 billion in 2025. That leaves Venezuela in a near tie with Serbia ($100.0 billion) and Côte d'Ivoire ($99.8 billion), both just ahead, with Lithuania ($95 billion) behind. These are nominal current US dollars, not adjusted for inflation or purchasing power, and Venezuela's exchange-rate swings are unusually large.

The data

Source: World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, billions. Retrieved November 4, 2026.

Venezuela's GDP, GDP in current US$ billions, 1960 to 2025, 1960–2025
Date🇻🇪 Venezuela🇷🇸 Serbia🇨🇮 Côte d'Ivoire🇱🇹 Lithuania
1960$8B$1B
1961$8B$1B
1962$9B$1B
1963$10B$1B
1964$8B$1B
1965$8B$1B
1966$9B$1B
1967$9B$1B
1968$10B$1B
1969$10B$1B
1970$12B$2B
1971$13B$2B
1972$14B$2B
1973$17B$3B
1974$26B$3B
1975$28B$4B
1976$31B$5B
1977$36B$6B
1978$39B$8B
1979$48B$9B
1980$59B$10B
1981$66B$8B
1982$68B$8B
1983$68B$7B
1984$60B$7B
1985$62B$7B
1986$61B$9B
1987$48B$10B
1988$60B$10B
1989$44B$10B
1990$49B$11B
1991$54B$11B
1992$60B$11B
1993$60B$11B
1994$58B$8B
1995$77B$18B$11B$8B
1996$71B$23B$18B$8B
1997$86B$27B$18B$10B
1998$91B$21B$20B$11B
1999$98B$21B$19B$11B
2000$117B$7B$17B$12B
2001$123B$14B$17B$12B
2002$93B$18B$18B$14B
2003$84B$24B$21B$19B
2004$113B$27B$24B$23B
2005$146B$28B$24B$26B
2006$184B$33B$25B$30B
2007$230B$45B$29B$40B
2008$316B$54B$34B$48B
2009$330B$47B$34B$38B
2010$393B$44B$35B$37B
2011$317B$51B$37B$43B
2012$372B$45B$36B$43B
2013$259B$51B$43B$46B
2014$215B$49B$49B$48B
2015$125B$41B$46B$42B
2016$113B$42B$48B$43B
2017$116B$46B$53B$48B
2018$102B$53B$59B$54B
2019$73B$54B$60B$55B
2020$43B$56B$63B$57B
2021$57B$66B$73B$67B
2022$89B$67B$71B$71B
2023$102B$81B$81B$80B
2024$121B$90B$87B$86B
2025$100B$100B$100B$95B

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Frequently asked questions

What is Venezuela's GDP?

Venezuela's GDP was about $100 billion in 2025, according to the World Bank, in current US dollars. That ranks 77th in the world, far below the 2010 peak of $393 billion.

How much did Venezuela's GDP fall?

Venezuela's GDP fell from $393 billion in 2010 to $43 billion in 2020, a decline of about 89 percent. It recovered to $121 billion in 2024 and was $100 billion in 2025.

Which economies are closest to Venezuela's in size?

In 2025 the nearest were Serbia at $100.0 billion, Côte d'Ivoire at $99.8 billion and Lithuania at $95 billion. Venezuela sat between Côte d'Ivoire and Lithuania.

Where does this data come from?

World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, billions. Retrieved November 4, 2026. You can download the full table as a CSV from this page.

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