BCV: Venezuelan economy grew 7.42% in the third quarter of 2026

Published at: 12/11/2026 07:14 PM

During the third quarter of 2026, Gross Domestic Product (GDP) registered an increase of 7.42% compared to the same period of the previous year. With this result, twenty-two (22) consecutive quarters of growth in economic activity are achieved.

The dynamism of the economy was driven by the performance of non-oil activity, which grew 6.28%. Important sectors for diversification stand out: financial and insurance activities registered an increase of 29.29%; agriculture grew 7.13%; manufacturing increased 4.32%; and accommodation and food services (tourism) increased 8.95%. For its part, construction continues to show significant growth of 35.75%, driven by investment to address infrastructure damage as a result of the double earthquake at the end of the second quarter. In addition, the private sector as a whole showed a solid performance, growing 8.02%.

The balance sheet for the quarter shows an economy that is progressing steadily with an increase in gross fixed capital formation of 28.25%, which shows greater confidence among economic agents in the national productive apparatus and a path to consolidating growth.

Mazo News Team