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Venezuela, RB

VEN Β· Latin America and Caribbean

Venezuela, RB: GDP 21.2K intl$ per capita, population 28.4M, inflation 254.9%. Compare economy, demographics and cost of living with other countries.

Location

Key Facts

Region
Latin America & Caribbean
Population
28.41M
2024
View all demographics β†’

Geography and Government

Area
916,445 kmΒ²
Capital
Caracas
ISO 2
VE
ISO 3
VEN
Calling code
+58
Internet TLD
.ve

Languages

Language Type Share Speakers
Spanish (SPA) Official - -

Population & Demographics

Basic Demographics

Population, total
28.41M
2024
Population growth (annual %)
0.37%
2024
Population density (people per sq. km of land area)
32.1 per kmΒ²
2023
Urban population (% of total population)
89.3%
2024

Health Indicators

Life expectancy at birth, total (years)
72.7 years
2024
Birth rate, crude (per 1,000 people)
15.23 per 1,000
2024
Death rate, crude (per 1,000 people)
7.68 per 1,000
2024
Fertility rate, total (births per woman)
2.08 children
2024
Mortality rate, infant (per 1,000 live births)
21.2 per 1,000
2024

Education

Literacy rate, adult total (% of people ages 15 and above)
97.2%
2017

Economy Snapshot

Key Economic Indicators

GDP per capita (current US$)
$4.2K
2024
Inflation, consumer prices (annual %)
254.9%
2016
Unemployment, total (% of labor force)
5.3%
2025
GNI per capita (current US$)
$3.8K
2024

Macroeconomic Indicators

GDP (current US$)
$119.80B
2024
GDP growth (annual %)
5.3%
2024
GDP per capita, PPP (current international $)
21.2K intl$
2011

Trade & External Sector

Trade (% of GDP)
26.1%
2024
Exports of goods and services (% of GDP)
16.9%
2024
Imports of goods and services (% of GDP)
9.2%
2024

Other Indicators

International tourism, number of arrivals
429.0K
2017
Corruption Perceptions Index (Transparency International)
13.0
2024
Foreign direct investment, net inflows (% of GDP)
1.4%
2024

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Rankings featuring Venezuela, RB

Frequently Asked Questions

What is the average income in Venezuela, RB?

According to our data, the average income in Venezuela, RB is approximately $3,820 (GNI per capita) as of 2024. This figure represents Gross National Income per capita and provides insight into the economic prosperity and living standards in the country.

What is the inflation rate in Venezuela, RB in 2016?

The inflation rate in Venezuela, RB is 254.9% as of 2016. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

How does Venezuela, RB compare to other countries in Latin America and Caribbean ?

Venezuela, RB is located in Latin America and Caribbean and can be compared with other countries in the region across various economic and demographic indicators including inflation rates, unemployment, average income, cost of living, population statistics, and life expectancy. Explore our comprehensive inflation comparison, unemployment rankings, cost of living data, population statistics, and life expectancy data to see how Venezuela, RB compares to neighboring and regional countries.

Venezuela, RB is located in Latin America and Caribbean . Explore detailed statistics on economy, population, demographics, inflation, unemployment, and cost of living, with up-to-date data from the World Bank, IMF, UN, and other authoritative sources.

Our comprehensive database provides real-time insights into Venezuela, RB's economic performance and demographic trends, allowing you to compare with other countries and understand global patterns. Access current economic indicators, population statistics, historical data, and comparative analysis to gain a deeper understanding of Venezuela, RB's economic and demographic landscape. For detailed economic data, visit our economy page, and for demographic information, explore our population statistics section.

Sources and References

Data sources: World Bank, IMF, UN Data, Transparency International.

All data is compiled from publicly available sources and updated regularly. Economic indicators may vary based on reporting methodologies and data availability periods.

Codes and Abbreviations

ISO 2
VE
ISO 3
VEN
IOC code
VEN
Vehicle code
YV
Latitude
9.08
Longitude
-69.84

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