Overview
Discussions Key data points
Last release
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Observation period
2024
Next release
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Forecast
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Highest
36.10 % on Mar 31, 2004
Lowest
−30.00 % on Dec 31, 2020
About Venezuela GDP YoY
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.