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Economic Monitor · Venezuela

Headline indicators

Each tile shows the most recent published figure and the date it refers to. Amber marks a series the source has not updated recently.

Key takeaways

• Inflation is 576.0%, hyperinflation territory, +359.6 pp versus a year earlier (as of 2026-07-31).
• The ex-post real policy rate is -517.0 pp: policy rate 59.0% minus inflation 576.0% (as of 2026-07-31 / 2026-07-31). Monetary policy is not restraining prices.
• GDP growth last printed at 7.1% (as of 2026-06-30).
• GDP per capita (constant 2015 USD) is 1,519 USD in 2025, -70% from its 1977 peak of 5,126 USD; the series starts in 1960.
• Broad money (M2) grew +563% over 12 months (M2 2.47 VES tn vs 0.37 VES tn a year earlier (as of 2026-07-31); inflation 576.0%), so monetary expansion is running alongside the price surge.
• Crude output is 1,200.0 kb/d, rising about 134 kb/d per year over the last three years (as of 2026-07-31).
• The current account is in surplus at 4.3% of GDP (as of 2025-12-31).
• Public debt stands at 308.7% of GDP (as of 2025-12-31), with a budget balance of -5.8% of GDP.
• The official USD rate is 886.23 VES and USDT is 999.49 VES, a gap of 13.0% (as of 2026-10-22).
• The bolívar moved +424% against the dollar over 12 months — 806.38 VES/USD, OTC Interbank (last data point 2026-09-04, 49 days old).
• Data quality: 16 of 16 requested series returned data, 2 of them past their own staleness window (365 days by default, tighter for daily series), 0 unavailable on this API plan or not published.

External readings

Figures cited from a third-party report, on its own methods — not this monitor's data.

Institute of Economic and Social Research, Universidad Católica Andrés Bello. Informe de Coyuntura Venezuela, septiembre 2026. 2026-09. Licence CC BY-NC-ND 4.0, DOI 10.13140/RG.2.2.31677.22242. Cited with attribution; nothing reproduced. · Report

Cross-indicator view

Charts

Trading Economics forecasts

Sovereign credit ratings

Methodology

• Δ prev is the change versus the previous observation; Δ 12m is versus the observation closest to twelve months earlier (the previous point for annual series).
• Stale marks a series whose latest observation is older than the configured threshold, or two years for yearly series. Values are as published; nothing is interpolated.
• Real policy rate is the policy rate minus headline inflation, ex post. Import cover is reserves divided by monthly imports.
• Charts switch to a log scale automatically when a series spans more than two orders of magnitude.
• The budget chart overlays inflation on a separate log right-hand axis; read each series against its own axis.
• Bars are coloured above and below zero. Source: Trading Economics API, drawing on the official national and international sources listed per series.
• The currency series is rebased for the 2018 and 2021 redenominations (÷100,000 and ÷1,000,000), so pre-2019 values sit near zero.
• Calendar events are not included in this API plan, so the upcoming-releases section is omitted.
• This page carries two dollar rates from different sources. The exchange-rate band and the dollar chart are the central bank's own rate and a market quote, collected by UnoPago — the same figure as the exchange-rate page. The currency tile under external trade is Trading Economics' OTC interbank series, which is measured differently — the two need not agree, and each names its source.
• Context, from the IIES-UCAB Informe de Coyuntura of September 2026: BCV's INPC ran 32.6% a month in January 2026, 6.3% in May and 19.9% in July, and the institute projects 305% for the year after 475.3% in 2025. Cited with attribution, not reproduced (CC BY-NC-ND 4.0); it is not this monitor's data.