Gross Domestic Product (GDP) in the second quarter of 2025 increased by 6,65%.
compared to the second quarter of 2024. In this way, the economy
Venezuela continues the recovery process that began seventeen quarters ago, according to a statement from the Central Bank of Venezuela posted On her social networks, the executive vice president, Delcy Rodríguez
In the second quarter, it is worth highlighting the growth of 12,27% in the oil sector and 4,41% in non-oil activity. Of the latter, the largest increases were: 13,96% in financial and insurance activities; 7,90% in mining; 7,72% in trade and vehicle repair; 7,44% in accommodation and food services; 8,64% in information and communications; 5,13% in manufacturing; 4,55% in education, healthcare, entertainment, and other services; and 4,51% in real estate, professional, scientific, technical, administrative, and support activities.
These results have been recorded since the second quarter of 2021.
They are indicators of the national economy's capacity to recover from
the adversities arising from international economic instability and the pattern of unilateral aggression.
"Venezuela is growing stronger, moving forward with poise, resilience and confidence in its
economic recovery," the statement concludes.
On July 17, Executive Vice President Delcy Rodríguez participated in the opening ceremony of the 81st Annual Assembly of Fedecámaras (Fedecámaras), where she presented an overview of the country's economic growth as a result of the implementation of the national economic plan structured around the 13 economic drivers. She also highlighted the importance of economic dialogue with the private sector as a basis for building consensus that guarantees national productive development.
Likewise, President Nicolás Maduro highlighted that Venezuela has the world's largest certified oil reserves, with 303.806 billion barrels, and that this reserve has increased by 30% compared to the last record, "thanks to technical and scientific progress in the characterization and recalculation of oil reserves," according to the Petróleos de Venezuela Instagram account.
"Petróleos de Venezuela, SA promotes the Bolivarian Government's energy policy, which encourages the strategic use of these capacities, consolidating the country's role as a key player in the global energy future and the comprehensive development of the peoples of the Global South."
