Venezuela GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Venezuela expanded 1 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Venezuela averaged 2.82 Percent from 1998 until 2013, reaching an all time high of 36.10 Percent in the first quarter of 2004 and a record low of -26.70 Percent in the first quarter of 2003. GDP Annual Growth Rate in Venezuela is reported by the Banco Central De Venezuela.
||1998 - 2013
The biggest sector of Venezuela´s economy is services. Financing, insurance, real estate and business services; communication, transport and warehousing; trade, repairs, restaurants and hotels; community, personal, household and government services account for 60 percent of the GDP. Manufacturing and mining create 16 percent of the wealth and oil exploitation 12.3 percent. Construction and water and electricity distribution account for the remaining 12 percent of GDP. This page provides - Venezuela GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.