Commodity market report
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5 Pages

Venezuela long-term economic outlook Q2 2014

Venezuela long-term economic outlook Q2 2014

Report summary

The long-term economic outlook for Venezuela is poor. The country has an abundance of natural resources, a relatively well-educated workforce and decent infrastructure, but a fundamental change in government policies is needed to free up these potential growth drivers.

What's included?

This report includes 4 file(s)

  • Venezuela long-term economic outlook Q2 2014 PDF - 298.57 KB 5 Pages, 1 Tables, 5 Figures
  • GDP Forecast Apr 2014.xls XLS - 1.23 MB
  • IP Forecast Apr 2014.xls XLS - 1.24 MB
  • Latest Population Forecast.xls XLS - 2.92 MB


This Economic Outlook presents our macroeconomic outlook to 2035 at the country level.

Specifically we assess the structure of the economy and present the GDP and industrial production outlook.

The long-term outlook is underpinned by a set of GDP models which take account of long-term structural drivers of GDP including demographics, investment and productivity growth.

Finally, we highlight the key risks facing our outlook, both upside and downside.

Wood Mackenzie's macroeconomic forecasts underpin all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.

  • Executive summary
  • Market structure
  • Economic outlook
    • Population by age cohort (millions)
  • Risks and uncertainties

In this report there are 6 tables or charts, including:

  • Executive summary
    • Economic indicators
  • Market structure
    • GDP by sector (% of GDP)
    • GDP by expenditure (billions of 1997 bolivar)
  • Economic outlook
    • Annual GDP growth
    • GDP per capita (constant 2005 U$)
    • Economic outlook: Image 3
  • Risks and uncertainties
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