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Venezuela, RB GDP (constant 2015 US$)
What is Venezuela, RB's gdp (constant 2015 us$)? As of 2023, it's 40.4B constant 2015 US$, down from 133.5B constant 2015 US$ in 2014.
| Label | GDP (constant 2015 US$) |
|---|---|
| 2014 | 133510633205.728 constant 2015 US$ |
| 2015 | 125249941853.5342 constant 2015 US$ |
| 2016 | 103816796723.5176 constant 2015 US$ |
| 2017 | 87518675947.5676 constant 2015 US$ |
| 2018 | 70327507457.8668 constant 2015 US$ |
| 2019 | 50903719683.7893 constant 2015 US$ |
| 2020 | 35721908550.0276 constant 2015 US$ |
| 2021 | 35945170478.4652 constant 2015 US$ |
| 2022 | 38847575548.155 constant 2015 US$ |
| 2023 | 40410409047.2187 constant 2015 US$ |
Data Source: World Bank and Wantstats Repository
Venezuela, RB GDP (constant 2015 US$): Key Points
- Venezuela, RB's gDP reached 40.41B constant 2015 US$ in 2023. That is down on the 133.51B constant 2015 US$ recorded in 2014, a fall of about 70%.
- 2015-2020: collapses to 35.72B constant 2015 US$ (-73%).
- 2021: flat at 35.95B constant 2015 US$ — nothing much moves.
- 2022-2023: builds to 40.41B constant 2015 US$ (+12%).
- 2016: Sharpest drop of the whole run, 125.25B to 103.82B constant 2015 US$ (~17%) in just one year.
- Take the whole run together and it's a 69.7% loss, landing at 40.41B constant 2015 US$ by 2023.
How To Read This Chart
A series that moves both ways like this is telling you the underlying driver isn't fixed — conditions are shifting, or the indicator itself is sensitive to short-term noise.
If there is one year in this chart to research further, it is 2016. A 17% single-year move is well outside the normal pace of change for this kind of indicator.
Venezuela, RB's number here, like most in this category, is built from a mix of direct measurement and statistical modeling — reliable for tracking direction, less reliable for pinning down an exact year-to-year figure.
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