Population in Venezuela

Venezuela Population | Economic News & Forecasts

Venezuela - Population

Activity has seemingly started to show some timid signs of recovering, following years of contractions. Oil production hit an over one-year high in June, and broadly held ground in July, amid sustained demand from Asia. That said, news reports show that crude oil output shrank by roughly a quarter in the important Orinoco oil belt in August, due to a lack of dilutants. Moreover, international reserves sank to a multi-year low in August, amid sustained sales of gold reserves from the Central Bank to sustain the cash-strapped government. On a more positive note, in early September the country received a first batch of 693,000 vaccines through the Covax scheme, when only around 10% of the population has been fully vaccinated. In politics, the opposition block agreed to participate in November’s regional and local elections and reached an early agreement on social measures, notably against Covid-19.

Venezuela - Population Data

2015   2016   2017   2018   2019  
Population (million)30.6  30.7  30.3  28.9  27.5  

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Venezuela Facts

Value Change Date
Bond Yield5.500.0 %Aug 19
Exchange Rate248,8320.0 %Aug 17

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