Population: 30 million in 20131
GDP: $438 billion in 20132
GDP per capita: $14,415 nominal3 ($18,194 PPP4) in 2013
GDP growth rate: 1.3% in 20135
GDP by Industry 20126
| Industry sector | Value added ($ billions) 2012 | Percent of total |
| Mining and utilities | 73 | 24.9% |
| Other activities | 69 | 23.6% |
| Wholesale, retail trade, restaurants and hotels | 46 | 15.9% |
| Manufacturing | 42 | 14.4% |
| Construction | 28 | 9.6% |
| Transport, storage and communication | 18 | 6.2% |
| Agriculture, hunting, forestry, fishing | 16 | 5.3% |
| Total value added | 292 | 100% |
Unemployment rate: 10.7% in 20137
Employment by industry 20128
| Employment sector | Percent of total |
| Services | 70.9% |
| Industry | 21.8% |
| Agriculture | 7.3% |
| Total | 100% |
Top 1 Corporation by Revenue 2013* 9
| Rank | Corporation | Revenue ($ billions) 2013 | Profit ($ billions) 2013 | Assets ($ billions) 12/31/13 | Industry |
| 1 | PDVSA | 134 | 12.9 | 231 | Oil and gas |
* Corporate data calculated using the exchange rate 6.29 VEF = 1 USD
Household Wealth: $131 billion (30% of GDP) in 201410
Household Wealth per Adult: $6,801 in 201410
Gini Coefficient: .39 in 201111
Central Government
Central Government Revenue: $103 billion (24% of GDP) in 201312
Central Government Expenditure: $139 billion (32% of GDP) in 201312
Central Government Budget Balance: -$36 (-8% of GDP) billion in 201312
Central Government Public Debt: N/A
Central Government 10 Year Bond Interest Rate: 12.8% in 201413
Government Funds
N/A
Tax Structure
Individual Income Tax Rates and Thresholds in 2013* 14
Corporate Tax Rate: 34% in 201415
* Individual thresholds calculated using the exchange rate 6.292 VEF = 1 USD
Money Supply (M0): N/A
Benchmark Interest Rate: N/A
Total Reserves: $20 billion (5% of GDP) in 201316
Exchange Rate: 6.292 Venezuelan Bolivars = 1 U.S. Dollar17
Inflation: 40.6% in 201318
Top 10 Financial Institutions by Assets 201319
N/A (data not available at Relbanks.com)
Exports: $92 billion (21% of GDP) in 201320
Imports: $59 billion (13% of GDP) in 201320
Trade Balance: +$33 billion (+8% of GDP) in 201320
Foreign Direct Investment Inflow: $7.0 billion (2% of GDP) in 201321
Foreign Direct Investment Outflow: N/A
Foreign Aid Inflow: $48 million (0.01% of GDP) in 201222
Foreign Aid Outflow: N/A
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: International Labor Organization, Downloads (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: World Bank Indicators (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Bloomberg View (Government bond yield) Go back
14. Source: PKF (Individual tax rates) Go back
15. Source: Tax Foundation (Corporate tax rate) Go back
16. Source: World Bank Indicators (Total reserves) Go back
17. Source: Bloomberg (Exchange rate) Go back
18. Source: World Bank Indicators (Inflation rate) Go back
19. Source: Relbanks.com (Financial institutions by assets) Go back
20. Source: CIA World Factbook (Trade data) Go back
21. Source: World Bank Indicators (FDI inflow) Go back
22. Source: World Bank Indicators (Aid inflow) Go back