Venezuela GDP in 1971

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$12.99 billion 0.3923%
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According to the latest statistical data released by the World Bank in 2024, Venezuela's GDP in 1971 was $12.99 billion, an increase of 12.33% over 1970, and GDP accounted for 0.3923% of the world economy. In 1971, Venezuela's GDP ranked 27th in the world and 6th in the Americas.