Venezuela (Bolivarian Republic of) - Gross domestic product in current prices

3,031,242,431,000 (LCU) in 2014

In 2014, GDP (LCU) for Venezuela (Bolivarian Republic of) was 3,031,242 million LCU. GDP (LCU) of Venezuela (Bolivarian Republic of) increased from 37.9 million LCU in 1965 to 3,031,242 million LCU in 2014 growing at an average annual rate of 27.57%.

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What is GDP (LCU)?

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

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What is Venezuela (Bolivarian Republic of) GDP (LCU)?