Venezuelan President Nicolás Maduro announced that his country's Gross Domestic Product (GDP) grew by over 6% in the second ...

Venezuelan President Nicolas Maduro announced a 6% economic growth for the second quarter of 2025, despite ongoing U.S.

Venezuela this year is among the fastest growing economies in Latin America. The economy expanded at a quicker rate than last year’s third quarter, when growth stood at 4.4 percent.

Venezuela is facing a resurgence of violence and economic turmoil following allegations of fraud in the recent presidential elections favoring Nicolás Maduro. These accusations have ignited ...

Oil Is Major Part of Venezuela's GDP Oil comprises more than 80% of Venezuela's exports and more than 17% of its gross domestic product (GDP), so high prices provide a boon to the country's economy.

Venezuela's partial dollarization has allowed for tenuous growth in commerce and services but is not enough to ensure recovery from years of hyperinflation, the president of business chamber ...