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Venezuela: Economy Overview

Venezuela: Economy Overview. GDP (2012): $397.9 billion USD Represents 0.53% of the world economy. Population (2013): 28,459,085 people GDP per capita (2012): $13,200 USD Labor Force (2012): 13.49 million people Unemployment rate (2012): 7.8% Life expectancy (2011): 74.23 years

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Venezuela: Economy Overview

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  1. Venezuela: Economy Overview • GDP (2012): $397.9 billion USD • Represents 0.53% of the world economy. • Population (2013): 28,459,085 people • GDP per capita (2012): $13,200 USD • Labor Force (2012): 13.49 million people • Unemployment rate(2012): 7.8% • Life expectancy (2011): 74.23 years • Inflation rate (2012): 21.1% • Stock market: Bolsa de Valores de Caracas (BVC). • Currency: Bolívar (VEB). • Exchange rate (01.17.2014): 1 USD – 6.30 VEF • Industrial production growth rate (2012): 4.7% Sources: Banco Central de Venezuela (2014); The World Bank (2014); Central Intelligence Agency (CIA) (2014); Trade Map (2014); Bnamericas (2014) Updated: January, 2014.

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