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The nation has experienced hyperinflation since 2015. Click on the button below to get started.National consumer prices rose 31.5% from the previous month in December, up from November’s 25.7% month-on-month increase, according to data released by the Central Bank of Venezuela (BCV) on 4 February.On 17 March, a nationwide quarantine was declared by the government to fight the Covid-19 health crisis.Get a sample report showing our regional, country and commodities data and analysis.National consumer prices surged 52.2% from the previous month in September, up from August’s 34.6% month-on-month jump according to the trove of data released by the Central Bank of Venezuela (BCV) on 19 October.National consumer prices rose 38.6% form the previous month in May, up from April’s 27.5% month-on-month increase and marking the highest print in four months, according to data released by the Central Bank of Venezuela (BCV) on 8 June.5 years of Venezuela economic forecasts for more than 30 economic indicators.
NOTE: 1) The information regarding Venezuela on this page is re-published from the 2020 World Fact Book of the United States Central Intelligence Agency and other sources. -16.5% (2016 est.) Insights into the world's most important technology marketsInflation rate in Venezuela 2021Gross domestic product (GDP) growth rate in Venezuela 2021Figures and insights about the advertising and media worldData sets for your business planConsumer insights and preferences in various industriesFind studies from all around the internetAre you interested in testing our corporate solutions? Venezuela is a founding member of OPEC and is one of the biggest exporters of crude oil in the world. GDP - real growth rate:-14% (2017 est.) National consumer prices rose 13.3% from the previous month in March, down from February’s 21.8% month-on-month increase and marking the lowest print since June 2017, according to data released by the Central Bank of Venezuela (BCV) on 24 April.Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. The economy of Venezuela is based largely on the petroleum and manufacturing sectors and has been in a state of total economic collapse since the mid-2010s. Please do not hesitate to contact me.Key figures and rankings about companiesContent Marketing & Information Design for your projects:Quick Analysis with our professional Research Service:Corporate solution including all features.Identify market potentials of the digital futureDirectly accessible data for 170 industries from 50 countries and over 1 Mio. Though Venezuela (Bolivarian Republic of) GDP fluctuated substantially in recent years, it tended to increase through 2000 - 2019 period ending at 70.14 billion US dollars in 2019. GDP growth (annual %) - Venezuela, RB. GDP Growth Rate in Venezuela averaged -0.08 percent from 1997 until 2019, reaching an all time high of 26.20 percent in the second quarter of 2003 and a record low of -24.40 percent in the first quarter of 2003. The last Article IV Executive Board Consultation was on September 13, 2004. Download Historical Data Save as Image. Listed below are items related to República Bolivariana de Venezuela. World Bank national accounts data, and OECD National Accounts data files.
Looking forward, we estimate GDP Annual Growth Rate in Venezuela to stand at -35.00 in 12 months time.
The two are not strictly comparable because poor households tend to have more members than rich households, thus the per household data tends to show less inequality than the per capita data. No claims are made regarding the accuracy of Venezuela Economy 2020 information contained here. With Venezuela weighing down the region’s output, plus a weaker outlook for both Brazil and Mexico, the IMF lowered its 2019 growth forecast for … GDP (PPP) Country/Economy GDP (billions of Int. Data Source: World Bank Real GDP Growth YoY data in Venezuela is updated quarterly, available from Mar 1998 to Mar 2019, with an average rate of 0.8 %. Insights into the world's most important technology marketsInflation rate in Venezuela 2021Figures and insights about the advertising and media worldData sets for your business planConsumer insights and preferences in various industriesFind studies from all around the internetAre you interested in testing our corporate solutions? Venezuela gdp growth rate for 2013 was 1.34%, a 4.28% decline from 2012. Venezuela GDP (Gross Domestic Product) was INT$179.60billion for 2019 in PPP terms. GDP Annual Growth Rate in Venezuela is expected to be -30.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Venezuela’s economic freedom score is 25.2, making its economy the 179th freest in the 2020 Index. In 2019, GDP for Venezuela (Bolivarian Republic of) was 70.14 billion US dollars. …