GDP per capita in Venezuela averaged 13344.54 USD from 1960 until 2014, reaching an all time high of 15739.38 USD in 1977 and a record low of 9830.74 USD in 2003. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. On the external front, exports of goods and services—in which oil shipments account for the overwhelming majority—rebounded strongly in Q1, contrasting a slump in the previous quarter (Q1 2019: +34.8% yoy; Q4 2018: -9.3% yoy).

On the black market, the bolívar fell 28% in 2007 to Bs. Meanwhile, on the production side, activity in the non-oil segment of the economy shrank 27.3% in Q1 2019 over the same period in 2018 (Q4 2018: -20.4% year-on-year) as manufacturing output more than halved in annual terms and mining production fell more than one-third year-on-year. National consumer prices rose 27.9% from the previous month in September, up from August’s 24.7% month-on-month increase and marking the highest print in four months, according to data released by the Central Bank of Venezuela (BCV). Get a sample report showing our regional, country and commodities data and analysis. The most complete set of 5.5 million time series covering more than 200 economies, compiled from 1500 sources worldwide, Unlimited access tailored to your data needs, Instant access to full history data in excel. GDP per capita is gross domestic product divided by midyear population. Publish your articles and forecasts in our website. Find Out, Online tool for visualization and analysis. ... Venezuela, on Tuesday, April 30, 2019. (source: Reuters) Economic projections show inflation in Venezuela is expected to hit 10 million percent in 2019. Venezuela GDP Per Capita data is updated yearly, available from Dec 1960 to Dec 2017, with an average number of 3,262.854 USD. It records a decrease from the last reported number of 2,547.761 USD in Dec 2019. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. 4,750 per US$ and declined to around VEF 5.5 (Bs 5500) per US$ in early 2009. Venezuela’s Nominal GDP Per Capita is forecasted to be 1,739.112 USD in Dec 2020 as reported by World Economic Outlook. The description is composed by our digital data assistant. Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. 1980 - 2022 | Yearly | USD | World Economic Outlook. The downturn marked the 21st consecutive quarter of falling output and was the sharpest on record. To learn more about cookies, click here. In 2018, inflation in Venezuela topped 1 million percent. 5 years of economic forecasts for more than 30 economic indicators.

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