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Venezuela economy
Venezuela’s economy grew 1.6% in 2025, slower than the world as a whole (2.9%). Consumer prices rose 254.9% in 2016, and 5.3% of the labour force was out of work in 2025.
| Indicator | Latest | Year |
|---|---|---|
| Real GDP growth | 1.6% | 2025 |
| Inflation (consumer prices) | 254.9% | 2016 |
| Unemployment | 5.3% | 2025 |
| GDP (US dollars) | $99.7 bn | 2025 |
| GDP per person (US dollars) | $3,495 | 2025 |
| GDP per person (PPP, international dollars) | $21,241 | 2011 |
| Current account balance, % of GDP | −3.4% | 2016 |
| Extreme poverty, % of people below $3.00 a day | 9.7% | 2006 |
| Population | 28.5 m | 2025 |
Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.