Country profile · Latin America & Caribbean · LMC

🇻🇪 Venezuela, RB

Lower middle income. Capital Caracas. Lower-third GDP/cap (LMC · LONG) - 40 series with wider survey lag risk.

28.4 million
Population
$120.6 billion
GDP
$4,244
GDP / capita
72.7 years
Life expectancy
RSS
Latin America & Caribbean Lower middle income Capital: Caracas

Lower-third GDP/cap · LONG

Venezuela, RB ranks 66th of 217 by total GDP and 129th for life expectancy - a lower middle income economy in Latin America & Caribbean.

#66
World GDP rank (of 217)
$4,244
GDP per capita
#129
Life-expectancy rank
#53
Population rank

Venezuela, RB lands in the lower third of GDP/cap (#146 of 214) - LMC · LONG - so national averages need rural/urban caution.

Venezuela, RB vs all countries by total GDP

Where this economy's World Bank total GDP sits among every country with a positive observation (inventory signal, not a virtue ranking)

$120,566,112,397 66th of 214 higher than 148 of 214 countries

Countries banded by World Bank total GDP (current US$)

Each bar is a $0.001K-wide band; taller bars hold more countries. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source World Bank, GDP (current US$) · 2026-08-14

Venezuela, RB on the global income map

Venezuela, RB (VEN) sits in the lower GDP/cap third - plotted with largest peers; bubble area = population.

Venezuela, RB on the global income map Venezuela, RB positioned by World Bank GDP per capita and life expectancy against its largest peers. Each point shows the latest available observation year for both measures. 50 60 70 80 90 $200 $1K $10K $100K GDP per capita (USD, log scale) Life expectancy at birth (years) India - GDP/cap $2,695 (2024) · life expectancy 72.2 years (2024) · lower-middle income IND China - GDP/cap $13,303 (2024) · life expectancy 78.0 years (2024) · upper-middle income CHN United States - GDP/cap $84,534 (2024) · life expectancy 78.9 years (2024) · high income · OECD USA Indonesia - GDP/cap $4,925 (2024) · life expectancy 71.3 years (2024) · upper-middle income IDN Pakistan - GDP/cap $1,479 (2024) · life expectancy 67.8 years (2024) · lower-middle income Nigeria - GDP/cap $1,084 (2024) · life expectancy 54.6 years (2024) · low income Brazil - GDP/cap $10,311 (2024) · life expectancy 76.0 years (2024) · upper-middle income Bangladesh - GDP/cap $2,593 (2024) · life expectancy 74.9 years (2024) · lower-middle income Russian Federation - GDP/cap $14,889 (2024) · life expectancy 73.4 years (2024) · high income Ethiopia - GDP/cap $1,134 (2024) · life expectancy 67.6 years (2024) · low income Mexico - GDP/cap $14,186 (2024) · life expectancy 75.3 years (2024) · high income · OECD Japan - GDP/cap $32,487 (2024) · life expectancy 84.0 years (2024) · high income · OECD Egypt, Arab Rep. - GDP/cap $3,338 (2024) · life expectancy 71.8 years (2024) · lower-middle income Philippines - GDP/cap $3,985 (2024) · life expectancy 69.9 years (2024) · lower-middle income Congo, Dem. Rep. - GDP/cap $693 (2024) · life expectancy 62.1 years (2024) · low income Viet Nam - GDP/cap $4,717 (2024) · life expectancy 74.7 years (2024) · upper-middle income Iran, Islamic Rep. - GDP/cap $5,190 (2024) · life expectancy 77.9 years (2024) · upper-middle income Turkiye - GDP/cap $15,893 (2024) · life expectancy 77.4 years (2024) · high income · OECD Germany - GDP/cap $56,104 (2024) · life expectancy 80.8 years (2024) · high income · OECD Thailand - GDP/cap $7,387 (2024) · life expectancy 76.6 years (2024) · upper-middle income United Kingdom - GDP/cap $53,246 (2024) · life expectancy 81.4 years (2024) · high income · OECD Tanzania - GDP/cap $1,193 (2024) · life expectancy 67.2 years (2024) · lower-middle income France - GDP/cap $46,103 (2024) · life expectancy 83.0 years (2024) · high income · OECD South Africa - GDP/cap $6,267 (2024) · life expectancy 66.3 years (2024) · upper-middle income Italy - GDP/cap $40,385 (2024) · life expectancy 84.0 years (2024) · high income · OECD Kenya - GDP/cap $2,133 (2024) · life expectancy 63.8 years (2024) · lower-middle income Myanmar - GDP/cap $1,359 (2024) · life expectancy 67.1 years (2024) · lower-middle income Colombia - GDP/cap $7,951 (2024) · life expectancy 77.9 years (2024) · upper-middle income · OECD Korea, Rep. - GDP/cap $36,239 (2024) · life expectancy 83.6 years (2024) · high income · OECD Sudan - GDP/cap $985 (2024) · life expectancy 66.5 years (2024) · low income Venezuela, RB - GDP/cap $4,244 (2024) · life expectancy 72.7 years (2024) · lower-middle income Income tier Low Lower-middle Upper-middle High OECD member
  • Venezuela, RB: GDP per capita $4,244 (2024), life expectancy 72.7 years (2024), lower-middle income.
  • India: GDP per capita $2,695 (2024), life expectancy 72.2 years (2024), lower-middle income.
  • China: GDP per capita $13,303 (2024), life expectancy 78.0 years (2024), upper-middle income.
  • United States: GDP per capita $84,534 (2024), life expectancy 78.9 years (2024), high income, OECD member.
  • Indonesia: GDP per capita $4,925 (2024), life expectancy 71.3 years (2024), upper-middle income.
  • Pakistan: GDP per capita $1,479 (2024), life expectancy 67.8 years (2024), lower-middle income.
  • Nigeria: GDP per capita $1,084 (2024), life expectancy 54.6 years (2024), low income.
  • Brazil: GDP per capita $10,311 (2024), life expectancy 76.0 years (2024), upper-middle income.
  • Bangladesh: GDP per capita $2,593 (2024), life expectancy 74.9 years (2024), lower-middle income.
  • Russian Federation: GDP per capita $14,889 (2024), life expectancy 73.4 years (2024), high income.
  • Ethiopia: GDP per capita $1,134 (2024), life expectancy 67.6 years (2024), low income.
  • Mexico: GDP per capita $14,186 (2024), life expectancy 75.3 years (2024), high income, OECD member.
  • Japan: GDP per capita $32,487 (2024), life expectancy 84.0 years (2024), high income, OECD member.
  • Egypt, Arab Rep.: GDP per capita $3,338 (2024), life expectancy 71.8 years (2024), lower-middle income.
  • Philippines: GDP per capita $3,985 (2024), life expectancy 69.9 years (2024), lower-middle income.
  • Congo, Dem. Rep.: GDP per capita $693 (2024), life expectancy 62.1 years (2024), low income.
  • Viet Nam: GDP per capita $4,717 (2024), life expectancy 74.7 years (2024), upper-middle income.
  • Iran, Islamic Rep.: GDP per capita $5,190 (2024), life expectancy 77.9 years (2024), upper-middle income.
  • Turkiye: GDP per capita $15,893 (2024), life expectancy 77.4 years (2024), high income, OECD member.
  • Germany: GDP per capita $56,104 (2024), life expectancy 80.8 years (2024), high income, OECD member.
  • Thailand: GDP per capita $7,387 (2024), life expectancy 76.6 years (2024), upper-middle income.
  • United Kingdom: GDP per capita $53,246 (2024), life expectancy 81.4 years (2024), high income, OECD member.
  • Tanzania: GDP per capita $1,193 (2024), life expectancy 67.2 years (2024), lower-middle income.
  • France: GDP per capita $46,103 (2024), life expectancy 83.0 years (2024), high income, OECD member.
  • South Africa: GDP per capita $6,267 (2024), life expectancy 66.3 years (2024), upper-middle income.
  • Italy: GDP per capita $40,385 (2024), life expectancy 84.0 years (2024), high income, OECD member.
  • Kenya: GDP per capita $2,133 (2024), life expectancy 63.8 years (2024), lower-middle income.
  • Myanmar: GDP per capita $1,359 (2024), life expectancy 67.1 years (2024), lower-middle income.
  • Colombia: GDP per capita $7,951 (2024), life expectancy 77.9 years (2024), upper-middle income, OECD member.
  • Korea, Rep.: GDP per capita $36,239 (2024), life expectancy 83.6 years (2024), high income, OECD member.
  • Sudan: GDP per capita $985 (2024), life expectancy 66.5 years (2024), low income.

Overview

Venezuela, RB has a population of 28.4 million, making it the 53rd-most populous country out of 217 tracked in Latin America & Caribbean.

Its economy totals $120.6 billion - ranked 66th globally by total GDP. GDP per capita stands at $4,244, placing it in the Lower middle income category.

Life expectancy at birth is 72.7 years (ranked 129th globally), reflecting overall health outcomes as measured by the World Bank.

The capital is Caracas.

👥 Demographics

Population
28.4 million
2024
Population Ages 0-14
25.5%
2024
Population Ages 65+
9.7%
2024
Population Density
32.1/km²
2023
Urban Population
89.3%
2024

💰 Economy

Foreign Direct Investment
$1.6 billion
2024
GDP (Current USD)
$120.6 billion
2024
GDP Growth Rate
5.5%
2024
GDP Per Capita (Current USD)
$4,244.457
2024
Inflation (Consumer Prices)
254.9%
2016
Trade (% of GDP)
26.2%
2024
Unemployment Rate
5.3%
2024

🏥 Health

Health Expenditure (% of GDP)
3.8%
2023
Infant Mortality Rate
21.2 per 1,000
2024
Life Expectancy at Birth
72.7 years
2024
Maternal Mortality Ratio
227
2023
Physicians (per 1,000 people)
1.7 per 1,000
2017
Stunting Prevalence (under 5)
13.4
2009
Under-5 Mortality Rate
24.2 per 1,000
2024

📚 Education

Education Expenditure (% of GDP)
6.9%
2009
Literacy Rate (Adult)
97.2
2017
School Enrollment (Primary)
113.7
2024
School Enrollment (Secondary)
97.8
2024
School Enrollment (Tertiary)
78.3
2009
Youth Literacy Rate
98.7
2017

🌍 Environment

CO2 Emissions Per Capita
3.4
2024
Electric Power Consumption
1,953 kWh
2023
Forest Area
52.2
2023
Freshwater Withdrawal
2.8
2022
Renewable Energy Consumption
33.7%
2021

🏗️ Infrastructure

Access to Electricity
100.0%
2023
Access to Sanitation
26.0%
2024
Internet Users
76.7%
2024
Mobile Subscriptions
71.0
2024

⚖️ Social

Female Labor Participation
37.3
2024
GINI Index
44.7
2006
Intentional Homicides
12.6
2022
Male Labor Participation
67.5
2024
Net Migration
-105,297
2024
Poverty (< $2.15/day)
9.7%
2006

🌐 Livability Score

One composite verdict from 4 of 5 World Bank series (life expectancy, under-5 mortality, electricity access, clean-water access, homicide rate), each benchmarked against every country tracking that series. A missing series never silently drags the score down: its weight redistributes across the series Venezuela, RB does report.

Overall
D
49/100
Life expectancy D
72.7 years
World Bank, 2024 (217-country benchmark)
Under-5 mortality F
24.2 per 1,000
World Bank, 2024 (196-country benchmark)
Access to electricity A+
100.0%
World Bank, 2023 (215-country benchmark)
Access to clean water N/A
N/A
World Bank
Safety (homicide rate) F
12.6 per 100,000
UNODC via World Bank, 2022 (195-country benchmark)

All indicators for Venezuela, RB

40 latest observations from World Bank WDI, WHO GHO, and ILO ILOSTAT (vintage through 2026-08-14). Values match the topic cards above; this table is the machine-readable export view analysts expect on a country profile.

TopicIndicatorValueYear
DemographicsPopulation28.4 million2024
DemographicsPopulation Ages 0-1425.5%2024
DemographicsPopulation Ages 65+9.7%2024
DemographicsPopulation Density32.1/km²2023
DemographicsUrban Population89.3%2024
EconomyForeign Direct Investment$1.6 billion2024
EconomyGDP (Current USD)$120.6 billion2024
EconomyGDP Growth Rate5.5%2024
EconomyGDP Per Capita (Current USD)$4,244.4572024
EconomyInflation (Consumer Prices)254.9%2016
EconomyTrade (% of GDP)26.2%2024
EconomyUnemployment Rate5.3%2024
HealthHealth Expenditure (% of GDP)3.8%2023
HealthInfant Mortality Rate21.2 per 1,0002024
HealthLife Expectancy at Birth72.7 years2024
HealthMaternal Mortality Ratio2272023
HealthPhysicians (per 1,000 people)1.7 per 1,0002017
HealthStunting Prevalence (under 5)13.42009
HealthUnder-5 Mortality Rate24.2 per 1,0002024
EducationEducation Expenditure (% of GDP)6.9%2009
EducationLiteracy Rate (Adult)97.22017
EducationSchool Enrollment (Primary)113.72024
EducationSchool Enrollment (Secondary)97.82024
EducationSchool Enrollment (Tertiary)78.32009
EducationYouth Literacy Rate98.72017
EnvironmentCO2 Emissions Per Capita3.42024
EnvironmentElectric Power Consumption1,953 kWh2023
EnvironmentForest Area52.22023
EnvironmentFreshwater Withdrawal2.82022
EnvironmentRenewable Energy Consumption33.7%2021
InfrastructureAccess to Electricity100.0%2023
InfrastructureAccess to Sanitation26.0%2024
InfrastructureInternet Users76.7%2024
InfrastructureMobile Subscriptions71.02024
SocialFemale Labor Participation37.32024
SocialGINI Index44.72006
SocialIntentional Homicides12.62022
SocialMale Labor Participation67.52024
SocialNet Migration-105,2972024
SocialPoverty (< $2.15/day)9.7%2006

🫀 Disease Burden

Venezuela, RB's standout GHO cell is maternal mortality at 227 per 100,000 births (fleet midpoint 47) - that ratio, not the shared ischaemic-heart card, is what this profile is for. Summary metrics use 2021 data; cause-specific cards show their own observation year.

NCD Death Rate
569
per 100K · 2021
Maternal Mortality
227
per 100K births · 2021
Malaria Deaths
0.81
per 100K · 2021

Sources: WHO Global Health Observatory. NCD mortality rate: 2021. Rates are age-standardized per 100,000 population. Premature NCD risk covers cardiovascular disease, cancer, diabetes, and chronic respiratory disease.

Compare Venezuela, RB with near GDP/cap peers

Side-by-side pages for the closest ABS GDP/cap neighbours - not a full-roster dropdown.

What the data says about Venezuela, RB

Venezuela, RB is a lower-middle-income economy, a tier where a large share of economic activity often sits outside formally measured, monetized markets, so official statistics can understate real living standards more than the headline dollar figures suggest. With a comparatively small population, a single survey round or a change in methodology can shift Venezuela, RB's reported figures noticeably from one release to the next, independent of any real change on the ground. Where a field on this page reads "N/A," it usually means the relevant agency has not yet published a recent estimate for Venezuela, RB.

Venezuela, RB lands in the lower third of GDP/cap (#146 of 214) - LMC · LONG - so national averages need rural/urban caution.

Venezuela, RB's 28.4 million people and $120.6 billion GDP (66th) yield $4,244 per person in the lower GDP/cap third. Life expectancy 72.7 years (129th, LONG) and survey lag both matter when reading single-year cells. 40 official points sit in the tables.

Nearest ABS GDP/cap peer: Micronesia, Fed. Sts. at $4,252 (Δ $7). Open that profile or the GDP/cap leaderboard before treating any single year as destiny.

What to do with Venezuela, RB's numbers

Venezuela, RB is classified LMC with LONG. Use that context before comparing any single figure to another country.

  • Compare Venezuela, RB directly against any other country, side by side, on the indicators that matter to you. Compare countries
  • See exactly where Venezuela, RB ranks among all 217 tracked countries on a specific indicator, not just the ones shown here. Indicator rank finder
  • Learn the common mistakes people make citing country statistics before you quote a number from this page. Reading country profiles

Figures above are sourced from World Bank, WHO, and ILO (OECD where applicable) as cited below; always verify against the primary source before citing a specific number.

Source: World Bank Open Data, Source: WHO Global Health Observatory, Source: ILO ILOSTAT. World Bank and ILO data licensed under CC BY 4.0.

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