Annual growth of GDP per employed person in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Annual growth of GDP per employed person was -0.5% in 2025. ◆ Volatile

Latest (2025)
-0.5%
Change on year
down 119.1%
World rank
163rd
of 187 countries
All-time high
11.1%
in 2004
All-time low
-21.0%
in 2019
Years of data
26
2000–2025

Annual growth of GDP per employed person in Venezuela, Bolivarian Republic of, 2000–2025

-20-100102000201220252000: 0.23 %2001: -0.43 %2002: -6.6 %2003: -8.2 %2004: 11.1 %2005: 1.6 %2006: 4.1 %2007: 5.7 %2008: 2.2 %2009: -4.8 %2010: -1.9 %2011: 2.5 %2012: 4.3 %2013: 1.4 %2014: -5.4 %2015: -7.6 %2016: -17.9 %2017: -13.7 %2018: -14.6 %2019: -21 %2020: -17.2 %2021: -0.39 %2022: 0.94 %2023: 1.6 %2024: 2.6 %2025: -0.49 %

Source: International Labour Organization – with minor processing by Our World in Data. Measured in %.

Analysis

The most recent figure for annual growth of gdp per employed person in Venezuela, Bolivarian Republic of is -0.5%, measured in 2025.

That represents a change of down 119.1% on the previous year and up 93.5% over ten years.

Over the whole period, annual growth of gdp per employed person in Venezuela, Bolivarian Republic of peaked at 11.1% in 2004 and was at its lowest, -21.0%, in 2019.

Venezuela, Bolivarian Republic of ranks 163rd of 187 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Annual growth of GDP per employed person in Venezuela, Bolivarian Republic of, year by year

Annual values for Annual growth of GDP per employed person in Venezuela, Bolivarian Republic of, 2000 to 2025.
Year % Change
2000 0.2%
2001 -0.4% -287.0%
2002 -6.6% +1434.9%
2003 -8.2% +24.4%
2004 11.1% -235.3%
2005 1.6% -86.0%
2006 4.1% +162.8%
2007 5.7% +38.5%
2008 2.2% -60.4%
2009 -4.8% -312.9%
2010 -1.9% -59.7%
2011 2.5% -228.0%
2012 4.3% +74.9%
2013 1.4% -66.7%
2014 -5.4% -477.8%
2015 -7.6% +39.5%
2016 -17.9% +136.5%
2017 -13.7% -23.7%
2018 -14.6% +6.8%
2019 -21.0% +43.5%
2020 -17.2% -17.8%
2021 -0.4% -97.7%
2022 0.9% -341.0%
2023 1.6% +66.0%
2024 2.6% +64.7%
2025 -0.5% -119.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.5% -8.2% 11.1% 10
2010s -7.4% -21.0% 4.3% 10
2020s -2.2% -17.2% 2.6% 6

Countries ranked near Venezuela, Bolivarian Republic of

  1. 160 Somalia -0.3% compare
  2. 161 Mexico -0.4% compare
  3. 161 Solomon Islands -0.4% compare
  4. 164 Congo -0.6% compare
  5. 165 Malawi -0.6% compare
  6. 166 Vanuatu -0.7% compare

See the full ranking of 187 places →

More work & labour data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is annual growth of gdp per employed person in Venezuela, Bolivarian Republic of?
Annual growth of gdp per employed person in Venezuela, Bolivarian Republic of was -0.5% in 2025, according to International Labour Organization – with minor processing by Our World in Data.
What is the highest annual growth of gdp per employed person recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 11.1% in 2004.
What is the lowest annual growth of gdp per employed person recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was -21.0% in 2019.
How does Venezuela, Bolivarian Republic of rank for annual growth of gdp per employed person?
Venezuela, Bolivarian Republic of ranks 163rd out of 187 countries with data for 2025.
Is annual growth of gdp per employed person rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is up 93.5%. The long-run trend across the full record is volatile.
Where does this Venezuela, Bolivarian Republic of data come from?
The figures come from International Labour Organization – with minor processing by Our World in Data, published as part of Annual growth of GDP per employed person. Statizoid updates them automatically from the source API.

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Annual growth of GDP per employed person in Venezuela, Bolivarian Republic of. Statizoid, drawing on International Labour Organization – with minor processing by Our World in Data. Retrieved 02 September 2026, from https://labour.statizoid.com/stat/growth-rate-of-real-gdp-per-employed-person/venezuela-rb/

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About this data

Indicator
Annual growth of GDP per employed person
Unit
%
Source
International Labour Organization – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 4,848 data points, 2000–2025
Last refreshed

Annual growth rate of real GDP per employed person (%).