Head of State: The country's economy in 2024 with data provided by the BCV exceeded 9% of GDP

Published at: 15/01/2025 06:20 PM

This Wednesday, January 15, the President of the Republic, Nicolás Maduro, specified that the growth of the Venezuelan economy, with consolidated data from the Central Bank of Venezuela (BCV) for the year 2024, exceeded 9% of the Gross Domestic Product (GDP).

In this regard, he stressed that “contracts were signed in 2024, for more than 52 billion dollars of investment throughout the national economy. They are important elements, in gas, oil, petrochemistry, mining, tourism, heavy industry.”

“We have recovered the country's productive capacities. We are able to continue to grow and develop, even more, our national productive apparatus,” he said at the Teresa Carreño Theater, where he gave his Annual Message to the Nation, as established in article 237 of the National Constitution.

When referring to the economic growth of the country's main economic sectors, he mentioned growth in mining 21%; oil activity 14%; agriculture 6.2%; trade and repair of vehicles 6.2% and manufacturing 4.6%, among others, “this is lost sight, this is stubborn”.

“We are on the rails of continuing to grow and develop our national productive apparatus. We have managed to build a new, powerful domestic market, with domestic production,” he emphasized.

Mazo News Team