Share of World GDP: Venezuela
Venezuela's share of world gdp is currently 0.1% as of 2026. # Venezuela Share of World GDP Venezuela's share of world GDP has collapsed to 0.
Current (2026)
0.1%
-5.4% y/y
Peak (1980)
0.9%
Low (2026)
0.1%
Source
IMF World Economic Outlook
1980–2026 · 47 pts
Share of World GDP — Venezuela
1980 — 2026
Share of World GDP — Venezuela
Analysis# Venezuela Share of World GDP
Venezuela's share of world GDP has collapsed to 0.106% in 2026, representing a staggering 88.2% decline from its 1980 peak of 0.899%. Once a meaningful contributor to global economic output, Venezuela now ranks among the smallest economies relative to world GDP. The country's current level matches its all-time low, indicating no recovery trajectory in sight.
The sharpest deterioration occurred between 2017 and 2020, when Venezuela's share dropped from 0.3% to 0.114%—a 62% decline in just three years reflecting severe economic and political crisis. Since 2020, the metric has stabilized around 0.11%, suggesting the economy has reached a floor but shows minimal signs of expansion. Forecasts for 2026 indicate continued stagnation at current levels without meaningful structural recovery.
Historical Data
47 Rows| Year | Value | Change % |
|---|---|---|
| 2026 | 0.1% | -5.36% |
| 2025 | 0.1% | -2.61% |
| 2024 | 0.1% | +1.77% |
| 2023 | 0.1% | +0.89% |
| 2022 | 0.1% | +3.70% |
| 2021 | 0.1% | -5.26% |
| 2020 | 0.1% | -29.19% |
| 2019 | 0.2% | -30.30% |
| 2018 | 0.2% | -23.00% |
| 2017 | 0.3% | -18.70% |
| 2016 | 0.4% | -19.43% |
| 2015 | 0.5% | -9.31% |
| 2014 | 0.5% | -7.17% |
| 2013 | 0.5% | -1.81% |
| 2012 | 0.6% | +2.40% |
| 2011 | 0.5% | +0.37% |
| 2010 | 0.5% | -6.42% |
| 2009 | 0.6% | -2.54% |
| 2008 | 0.6% | +2.43% |
| 2007 | 0.6% | +3.41% |
Show all 47 rows
| Year | Value | Change % |
|---|---|---|
| 2006 | 0.6% | +4.49% |
| 2005 | 0.5% | +5.33% |
| 2004 | 0.5% | +12.42% |
| 2003 | 0.5% | -10.87% |
| 2002 | 0.5% | -11.38% |
| 2001 | 0.6% | +0.88% |
| 2000 | 0.6% | -1.22% |
| 1999 | 0.6% | -9.19% |
| 1998 | 0.6% | -2.32% |
| 1997 | 0.6% | +2.22% |
| 1996 | 0.6% | -3.81% |
| 1995 | 0.7% | +0.31% |
| 1994 | 0.7% | -5.07% |
| 1993 | 0.7% | -1.57% |
| 1992 | 0.7% | -4.76% |
| 1991 | 0.7% | +7.29% |
| 1990 | 0.7% | +2.24% |
| 1989 | 0.7% | -16.96% |
| 1988 | 0.8% | +2.02% |
| 1987 | 0.8% | +0.89% |
| 1986 | 0.8% | +2.75% |
| 1985 | 0.8% | -2.55% |
| 1984 | 0.8% | +0.64% |
| 1983 | 0.8% | -12.08% |
| 1982 | 0.9% | +2.07% |
| 1981 | 0.9% | -3.45% |
| 1980 | 0.9% | — |
Related Data
Other Metrics
For Venezuela
Compare Share of World GDP
Same metric, other countries
Demographics
People & population data