Nominal GDP for Venezuela was estimated to be Bs195.2bn in 2021, down from Bs14.7bn in 2020. The Venezuelan population was estimated at 27.6m in 2021 according to the IMF, while the United States is Venezuela’s biggest trading partner.
Variables Surveyed for Venezuela
Variables covered in our monthly analysis of Venezuela include:
Consensus Forecasts for Venezuela
Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. In the hard copy and pdf version of the publication, we also show selected “comparison forecasters” including the IMF and the ECLAC. The table below shows a small example set of forecasts for GDP growth and Consumer Prices (CPI), taken from our survey of September 2022.
Source: Latin American Conensus Forecasts, September 2022