GDP (Gross Domestic Product): Venezuela

Analysis# Venezuela GDP (Gross Domestic Product) Venezuela's GDP stood at $79.916 billion in 2026, reflecting ongoing economic fragility. The nation's economy remains far below its 2012 peak of $372.592 billion—a collapse of 79% in value. Since 1980, Venezuela has achieved only 14.4% cumulative growth, masking severe volatility and extended periods of contraction. The current figure sits just 86% above the all-time low of $42.838 billion recorded in 2020. Recovery efforts since 2020 have proven uneven. GDP rebounded sharply from 2020 to 2024, reaching $119.803 billion before declining in 2025-2026. The recent downward trajectory suggests renewed economic headwinds, reversing gains from the prior three-year recovery period. Sustained stabilization remains elusive, with the economy oscillating between modest growth and contraction across consecutive years.