Venezuela, RB 2011
Detailed economic analysis and indicators for 2011
Key Economic Indicators (2011)
GDP (Current USD)
$316.48 billion
↓ 19.51% vs 2010GDP per Capita
$10,843.92
↓ 20.54% vs 2010GDP Growth (Annual %)
4.18%
↑ 5.67pp vs 2010Inflation Rate (CPI %)
26.09%
↓ 2.10pp vs 2010Year-over-Year Comparison
| Indicator | 2010 | 2011 | Change |
|---|---|---|---|
| GDP (Current USD) | $393.19 billion | $316.48 billion | -19.51% |
| GDP per Capita | $13,646.30 | $10,843.92 | -20.54% |
| GDP Growth (Annual %) | -1.49% | 4.18% | +5.67pp |
| Inflation (CPI %) | 28.19% | 26.09% | -2.10pp |
| Unemployment Rate (%) | 7.11% | 6.90% | -0.21pp |
All Economic Indicators (2011)
National Accounts
- GDP (Current USD)
- $316.48 billion
- GDP per Capita
- $10,843.92
- GDP Growth (Annual %)
- 4.18%
- Gross National Income
- $308.49 billion
Prices & Employment
- Inflation (CPI %)
- 26.09%
- Inflation (GDP Deflator %)
- 28.15%
- Unemployment Rate (%)
- 6.90%
- Interest Rate (Real %)
- -8.58%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 5.16%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2011, Venezuela, RB's Gross Domestic Product (GDP) is $316.48 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Venezuela, RB for 2011 is $10,843.92. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Venezuela, RB for 2011 is 26.09%. This measures the annual percentage change in the cost of consumer goods and services.
Venezuela, RB's annual GDP growth rate for 2011 is 4.18%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Venezuela, RB for 2011 is 6.90%. This represents the percentage of the labor force that is unemployed and actively seeking employment.