The Central Bank of Venezuela reported that gross domestic product grew 7.14% in the second quarter of 2026 from the same period in 2025, marking 21 consecutive quarters of increased economic activity. Oil activity expanded 9.10%, while non-oil activity rose 5.79%. The central bank attributed non-oil growth to increased foreign currency sales for domestic production and linkages among economic activities.
2026-08-18Central Bank of Venezuela
Central Bank of Venezuela reports 7.14% GDP growth in second quarter of 2026
The Central Bank of Venezuela reported annual GDP growth of 7.14% in the second quarter of 2026, extending the rise in economic activity to 21 consecutive quarters. Oil activity grew 9.10%, while non-oil activity increased 5.79%.