Venezuela, RB
Capital: CaracasRegion: Latin America & Caribbean Income: Not classified
GDP
$79.92B
2026
Population
28.4M
2024
GDP per Capita
$3K
2026
Life Expectancy
72.5 years
2023
Economy
| Indicator | Value | Year |
|---|---|---|
| GDP (Current USD, Billions) | $79.92B | 2026 |
| Real GDP Growth (%) | -3.0% | 2026 |
| GDP per Capita (USD) | $3K | 2026 |
| GDP, PPP (Billions Intl $) | $231.40B | 2026 |
| GDP per Capita, PPP (Intl $) | $9K | 2026 |
| Share of World GDP, PPP (%) | 0.11% | 2026 |
| GNI (Current USD) | $120.80B | 2024 |
| GNI per Capita (USD) | $4K | 2024 |
| Gross Capital Formation (% of GDP) | 4.9% | 2024 |
| GDP Deflator (%) | 54.7% | 2024 |
| Medium/High-Tech Manufacturing (% of total) | 34.3% | 2022 |
| External Balance on Goods & Services (% of GDP) | 7.6% | 2024 |
Fiscal & Monetary
| Indicator | Value | Year |
|---|---|---|
| Inflation, Consumer Prices (%) | 682.1% | 2026 |
| Govt Gross Debt (% of GDP) | 164.3% | 2024 |
| Fiscal Balance (% of GDP) | -3.6% | 2024 |
| Current Account Balance (% of GDP) | 2.5% | 2026 |
Trade
| Indicator | Value | Year |
|---|---|---|
| Trade (% of GDP) | 26.1% | 2024 |
| Imports of Goods & Services (% of GDP) | 9.2% | 2024 |
| Exports of Goods & Services (USD) | $20.20B | 2024 |
| Imports of Goods & Services (USD) | $11.05B | 2024 |
| Merchandise Exports (USD) | $14.31B | 2024 |
| Merchandise Imports (USD) | $14.91B | 2024 |
| FDI Inflows (% of GDP) | 1.4% | 2024 |
| FDI Outflows (% of GDP) | 2.2% | 2024 |
| FDI Net Inflows (USD) | $1.63B | 2024 |
External Debt
| Indicator | Value | Year |
|---|---|---|
| Net ODA Received (% of GNI) | 0.4% | 2023 |
Finance
| Indicator | Value | Year |
|---|---|---|
| Account Ownership at Financial Institution (%) | 87.3% | 2024 |
| Account Ownership, Female (%) | 87.7% | 2024 |
| Account Ownership, Male (%) | 86.9% | 2024 |
People
| Indicator | Value | Year |
|---|---|---|
| Population | 28.4M | 2024 |
| Population Growth (%) | 0.4% | 2024 |
| Population Density (per km²) | 32 | 2023 |
| Surface Area (sq km) | 912,050 | 2023 |
| Land Area (sq km) | 882,050 | 2023 |
| Urban Population (%) | 89.3% | 2024 |
| Urban Population (total) | 25.4M | 2024 |
| Rural Population (%) | 10.7% | 2024 |
| Life Expectancy at Birth | 72.5 years | 2023 |
| Life Expectancy, Male | 68.7 years | 2023 |
| Life Expectancy, Female | 76.5 years | 2023 |
| Fertility Rate (births per woman) | 2.1 | 2023 |
| Birth Rate (per 1,000) | 15.1 | 2023 |
| Death Rate (per 1,000) | 7.6 | 2023 |
| Net Migration | -100,467 | 2025 |
| Population Ages 0–14 (%) | 25.5% | 2024 |
| Population Ages 15–64 (%) | 64.8% | 2024 |
| Population Ages 65+ (%) | 9.7% | 2024 |
| Age Dependency Ratio (%) | 54.3% | 2024 |
| Mortality Rate, Adult Male (per 1,000) | 215.5 | 2023 |
| Mortality Rate, Adult Female (per 1,000) | 108.4 | 2023 |
Labor
| Indicator | Value | Year |
|---|---|---|
| Total Labor Force | 11.1M | 2025 |
| Labor Force Participation (%) | 51.9% | 2025 |
| Female Labor Force Participation (%) | 37.1% | 2025 |
| Male Labor Force Participation (%) | 67.5% | 2025 |
| Unemployment (%) | 5.3% | 2025 |
| Female Unemployment (%) | 5.8% | 2025 |
| Male Unemployment (%) | 5.0% | 2025 |
| Youth Unemployment (%) | 10.4% | 2025 |
| Employment in Agriculture (%) | 8.9% | 2025 |
| Employment in Industry (%) | 16.8% | 2025 |
| Employment in Services (%) | 74.4% | 2025 |
| Vulnerable Employment (%) | 37.3% | 2025 |
| Wage & Salaried Workers (% of total) | 59.6% | 2025 |
| Employers (% of total employment) | 3.1% | 2025 |
| Labor Force, Female (% of total) | 36.6% | 2025 |
Education
| Indicator | Value | Year |
|---|---|---|
| Education Spending (% of GDP) | 0.0% | 2023 |
| Education Spending (% of govt expenditure) | 10.3% | 2024 |
| Primary School Enrollment (%) | 113.7% | 2024 |
| Secondary School Enrollment (%) | 97.8% | 2024 |
| Primary Completion Rate (%) | 103.0% | 2024 |
| Lower Secondary Completion Rate (%) | 83.2% | 2024 |
| Out-of-School Children, Primary | 17,643 | 2023 |
| Primary School Teachers | 352,723 | 2024 |
| Secondary School Teachers | 284,798 | 2024 |
Health
| Indicator | Value | Year |
|---|---|---|
| Health Spending (% of GDP) | 3.8% | 2023 |
| Health Spending per Capita (USD) | $186 | 2023 |
| Government Health Spending (% of GDP) | 1.2% | 2023 |
| Out-of-Pocket Health Spending (% of total) | 29.7% | 2023 |
| Hospital Beds (per 1,000) | 1.0 | 2020 |
| Infant Mortality (per 1,000 live births) | 24.3 | 2023 |
| Under-5 Mortality, Female (per 1,000) | 22.2 | 2023 |
| Under-5 Mortality, Male (per 1,000) | 26.2 | 2023 |
| Cause of Death, Communicable (%) | 15.6% | 2019 |
| Cause of Death, Non-Communicable (%) | 65.1% | 2019 |
| Cause of Death, Injury (%) | 19.4% | 2019 |
| Measles Immunization (% of children) | 71.0% | 2024 |
| DPT Immunization (% of children) | 62.0% | 2024 |
| HIV Incidence (per 1,000) | 0.29 | 2024 |
| Tuberculosis Incidence (per 100,000) | 46 | 2024 |
| Suicide Mortality Rate (per 100,000) | 8.6 | 2021 |
| Alcohol Consumption (liters per capita) | 2.0 | 2020 |
Energy & Environment
| Indicator | Value | Year |
|---|---|---|
| Energy Use (kg oil eq. per capita) | 1,478 | 2022 |
| Electric Power Consumption (kWh per capita) | 1,989 | 2022 |
| Renewable Electricity Output (%) | 75.4% | 2021 |
| Renewable Energy Consumption (%) | 33.7% | 2021 |
| Access to Clean Fuels for Cooking (%) | 93.5% | 2023 |
| PM2.5 Air Pollution (µg/m³) | 15.3 | 2020 |
| Forest Area (%) | 52.2% | 2023 |
| Forest Area (sq km) | 460,729 | 2023 |
| Terrestrial Protected Areas (%) | 39.0% | 2024 |
| Marine Protected Areas (%) | 4.4% | 2024 |
| Access to Basic Drinking Water (%) | 93.3% | 2024 |
| Access to Basic Sanitation (%) | 98.4% | 2024 |
Agriculture
| Indicator | Value | Year |
|---|---|---|
| Agricultural Land (%) | 24.4% | 2023 |
| Cereal Yield (kg per hectare) | 4,080 | 2023 |
| Food Production Index (2014–2016=100) | 89.9 | 2022 |
| Crop Production Index (2014–2016=100) | 93.9 | 2022 |
| Livestock Production Index (2014–2016=100) | 87.2 | 2022 |
| Land Under Cereal Production (hectares) | 515,056 | 2023 |
| Fertilizer Consumption (kg per hectare) | 50.9 | 2023 |
| Annual Freshwater Withdrawals (% of internal) | 2.8% | 2022 |
Technology
| Indicator | Value | Year |
|---|---|---|
| Fixed Broadband Subscriptions (per 100) | 10.6 | 2023 |
| Secure Internet Servers (per million) | 246.7 | 2024 |
| Patent Applications, Residents | 96 | 2017 |
| Patent Applications, Non-Residents | 338 | 2017 |
| Scientific Journal Articles | 512 | 2022 |
| Researchers in R&D (per million) | 180 | 2023 |
Infrastructure
| Indicator | Value | Year |
|---|---|---|
| Air Transport, Passengers Carried | 1.8M | 2023 |
| Air Transport, Freight (million ton-km) | 0.1 | 2023 |
| Container Port Traffic (TEU) | 179,529 | 2019 |
| Logistics Performance Index (1–5) | 2.30 | 2022 |
| Electricity from Oil (%) | 6.9% | 2022 |
| Electricity from Nuclear (%) | 0.0% | 2021 |
Gender
| Indicator | Value | Year |
|---|---|---|
| Women in Parliament (%) | 22.2% | 2021 |
| Female Wage & Salaried Workers (%) | 62.2% | 2025 |
| Girls Out-of-School Rate (%) | 94.9% | 2017 |
| Adolescent Fertility Rate (per 1,000) | 73.3 | 2023 |
Governance
| Indicator | Value | Year |
|---|---|---|
| Control of Corruption | -1.69 | 2023 |
| Government Effectiveness | -1.60 | 2023 |
| Regulatory Quality | -2.03 | 2023 |
| Voice & Accountability | -1.53 | 2023 |
| Control of Corruption (percentile rank) | 1.4% | 2023 |
| Government Effectiveness (percentile rank) | 5.7% | 2023 |
| Rule of Law (percentile rank) | 0.5% | 2023 |
| Political Stability (percentile rank) | 12.3% | 2023 |
Military
| Indicator | Value | Year |
|---|---|---|
| Military Spending (% of GDP) | 0.5% | 2023 |
| Armed Forces (% of labor force) | 3.5% | 2020 |
| Intentional Homicides (per 100,000) | 12.6 | 2022 |
Tourism
| Indicator | Value | Year |
|---|---|---|
| International Tourism, Arrivals | 429,000 | 2017 |
| International Tourism, Departures | 1.1M | 2017 |
| Tourism Receipts (USD) | $546.0M | 2016 |
| Tourism Expenditures (USD) | $2.92B | 2016 |
| Tourism Receipts (% of total exports) | 1.9% | 2016 |
| International Tourism, Transport Services (USD) | $73.0M | 2016 |
Urban Development
| Indicator | Value | Year |
|---|---|---|
| Population in Largest City | 3.0M | 2025 |
| Population in Agglomerations >1M (% of total) | 35.2% | 2025 |
| Population in Slums (% of urban) | 25.7% | 2022 |
| Rural Population Growth (%) | 0.0% | 2024 |
| Access to Safely Managed Sanitation (%) | 26.0% | 2024 |