Country information

Venezuela

Area

912.050 km²

Capital

Caracas

Government

Nicolás Maduro

Population

31 million

Contact

Ulrike Göldner

Deputy Managing Director / Regional Manager Chile, Peru, Brazil, Dominican Republic, Ecuador, Columbia, Cuba and Venezuela

u.goeldner@lateinamerikaverein.de

+49 (0) 40 413 43 145

Economic data

Basic data 2019 2021 2022
GDP growth in % -28 -3,9 18,70
Export in billion US$ 14,7 ./. ./.
Import in billion US$ 5,57 7,8 (P) ./.
Exchange rate US$/Bolívar 60   8.4070 VEF (Oct)
Exchange rate black market US$/Bolívar Soberano 730    
Inflation rate in % 9585   155,8
HDI (Human Development Index) 0,721 0,691  

Foreign Trade

Import products: Refined Petroleum, Cereals, Machinery (Electrical)
Import partner: China, USA

Export products: Curde Petroleum
Export partner: India, China, USA

Notes

P = Prediction
Update: 22.07.2021
Sources: UNDP, Worldbank, CEPAL, OANDA, Banco Itau, OEC