Venezuela GDP YoYVenezuela GDP YoYVenezuela GDP YoY

Venezuela GDP YoY

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Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
36.10% on Mar 31, 2004
Lowest
−30.00% on Dec 31, 2020

About Venezuela GDP YoY


Category
GDP
Frequency
Annual
Units
%
The biggest sector of Venezuela´s economy is services. Financing, insurance, real estate and business services; communication, transport and warehousing; trade, repairs, restaurants and hotels; community, personal, household and government services account for 60 percent of the GDP. Manufacturing and mining create 16 percent of the wealth and oil exploitation 12.3 percent. Construction and water and electricity distribution account for the remaining 12 percent of GDP.