venezuela gdp growth

Venezuela gdp growth rate for 2013 was 1.34%, a 4.28% decline from 2012. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes.
In 1943, Standard Oil of New Jersey accepted a new agreement in Venezuela based on the 50–50 principle, described as "a landmark event". Venezuela gdp … Annual percentage growth rate of GDP at market prices based on constant local currency. +1 (212) 419-5770 Even more favorable terms were negotiated in 1945, after a coup brought to power a left-leaning government that included Juan Pablo Pérez Alfonso.
In 2019, real GDP growth for Venezuela (Bolivarian Republic of) was -35 %. The statistic shows the growth in real GDP in Venezuela from between 2009 to 2018, with projections up until 2021. The Gross Domestic Product (GDP) in Venezuela contracted 23.70 percent in the first quarter of 2019 over the previous quarter. Our website uses cookies to improve your online experience. GDP growth (annual %) - Venezuela, RB. Confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. Knoema is the most comprehensive source of global decision-making data in the world. World and regional statistics, national data, maps and rankings, Latest releases of new datasets and data updates from different sources around the world. GDP Per Capita in Venezuela reached 684,960.4 USD in Dec 2017.

Real GDP growth of Venezuela (Bolivarian Republic of) fell gradually from 3.7 % in 2000 to -35 % in 2019. After oil was discovered in Venezuela in 1922 during the Maracaibo strike, Venezuela's dictator Juan Vicente Gómez allowed American oil companies to write Venezuela's petroleum law. The Gross Domestic Product (GDP) in Venezuela contracted 26.8 % YoY in Mar … 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. Basic Income: A Way Out of Poverty in a Time of Pandemic or Utopia, Justice Ginsburg's Fight for Gender Quality Yet Unfulfilled, Current account balance as a share of GDP. GDP Annual Growth Rate in Venezuela averaged 1.62 percent from 1998 until 2017, reaching an all time high of 36.10 percent in the first quarter of 2004 and a record low of -26.70 percent in the first quarter of 2003. Real GDP Growth YoY data in Venezuela is updated quarterly, available from Mar 1998 to Mar 2019, with an average rate of 0.8 %. Search and explore the world’s largest statistical database to find data. Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. Access the latest politics analysis and economic growth summary through 2011 for Venezuela from The Economist Intelligence Unit Venezuela Economy, Politics and GDP Growth Summary - … US Election 2020 Forecast: Anyone's Guess? They were placed on your computer when you launched this website. World Bank national accounts data, and OECD National Accounts data files. Gross domestic product (GDP) of Venezuela fell to 305.46 billion international dollars in 2018, down from a 2013 peak of 555.42 international dollars. Try our corporate solution for free! The Central Bank of Venezuela provides Real GDP in local currency, at 1997 prices.In the latest reports, Nominal GDP of Venezuela reached 20,139.5 USD bn in Dec 2017. Its Gross Savings Rate was measured at -17.8 % in Dec 2017. The data reached an all-time high of 36.1 % in Mar 2004 and a record low of -26.8 % in Mar 2019. Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. 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. You can change your personal cookie settings through your internet browser settings.

There is no data available for your selected dates. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Live data and insights on Coronavirus outbreak around the world, including detailed statistics for the US, Italy, EU, and China. Annual percentage growth rate of GDP at market prices based on constant local currency. In 2019, real GDP growth for Venezuela (Bolivarian Republic of) was -35 %. CEIC calculates Real GDP Growth from quarterly Real GDP. Okay to continue Its GDP deflator (implicit price deflator) increased 748.1 % in Dec 2017. Forecast: GDP PPP Per Capita (PPP Intl $), Total Trade of Goods & Services: % of Nominal GDP (%), Consolidated Fiscal Balance: % of GDP (%), Forecast: Government Expenditure (VES bn), Central Government: Total Expenditure (VEF th), Central Government: Total Expenditure: Current (VEF th), Central Government: Capital Expenditure (VEF th), Central Government: Financial Deficit/Surplus (VEF th), Labour Force: Female: Employment (Person), Motor Vehicle Sales: Commercial Cars (Unit), Motor Vehicle Sales: Passenger Cars (Unit), CPI: Food and Non Alcoholic Beverage Change (%), Forecast: Consumer Price Index Growth (%), Consumer Price Index: Health (Dec2007=100), Consumer Price Index: Transport (Dec2007=100), Consumer Price Index: Education Services (Dec2007=100), Consumer Price Index: Restaurants and Hotels (Dec2007=100), Consumer Price Index: Food and Nonalcoholic Beverages (Dec2007=100), Consumer Price Index: Clothes and Footwear (Dec2007=100), Natural Gas: Sales Price (USD/1000 Cub ft), Exports: Medicinal and Pharmaceutical Product (USD th), Imports: Medicinal and Pharmaceutical Product (USD th), Exports: ytd: Electrical Equipment (USD mn), Imports: ytd: Agricultural (Vegetal) (USD mn), Imports: ytd: Food, Beverages and Tobacco (USD mn), Imports: ytd: Plastic and Manufacturing Product (USD mn), Foreign Portfolio Investment: Equity Securities (USD mn), Foreign Portfolio Investment: % of GDP (%), Foreign Portfolio Investment: Debt Securities (USD mn), Forecast: Current Account Balance (USD bn), Net International Investment Position (USD mn), Balance of Payments: Current Account: Goods (USD mn), Balance of Payments: Capital Account (USD mn), Balance of Payments: Current Account: Income (USD mn), Balance of Payments: Financial Account (USD mn), Balance of Payments: Financial Account: Direct Investment (USD mn), Balance of Payments: Financial Account: Portfolio Investment (USD mn), Balance of Payments: Financial Account: Portfolio Investment: Assets (USD mn), Balance of Payments: Financial Account: Portfolio Investment: Liabilities (USD mn), Balance of Payments: Financial Account: Other Investment (USD mn), Balance of Payments: Net Errors and Omissions (USD mn), Balance of Payments: Reserves: Assets (USD mn), Balance of Payments: Current Account: Services (USD mn), International Investment Position (IIP) (USD mn), Foreign Exchange Reserves: Months of Import (NA), Foreign Exchange Rate: DICOM: Ask: Euro (VES/USD), Weighted Average Nominal Interest Rate: 6 Main Commercial and Universal Banks: L... (% pa), Weighted Average Nominal Interest Rate: 6 Main Commercial and Universal Banks: S... (% pa), Real Effective Exchange Rate Index: BIS: 2010=100: Broad (2010=100), Natural Gas Production: OPEC: Marketed Production (Cub m mn), Tourist Arrival: International: North America: United States (Person), Tourist Arrival: International: South America: Argentina (Person), Tourist Arrival: International: Southern Europe: Spain (Person), Tourist Arrival: International: Southern Europe: Italy (Person), Tourist Arrival: International: Western Europe: Germany (Person), Tourist Departure: United States (Person), Caracas Stock Exchange: General Index (27Aug1997=0.001), Liner Shipping Connectivity Index (2004=100), Exports: Telecommunication Equipment (USD th), Imports: Telecommunication Equipment (USD th), Gross Domestic Product: Annual Growth Rate, Gross Domestic Product: by Expenditure: Annual, Gross Domestic Product: Deflator and Volume Index: Annual, Gross Domestic Product: Purchasing Power Parity, SNA 1968: Household Final Consumption Expenditure, SNA 1993: Household Final Consumption Expenditure. Real GDP growth of Venezuela (Bolivarian Republic of) fell gradually from 3.7 % in 2000 to -35 % in 2019.

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