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Venezuela Insightsas of Oct 2026
Population size
28 M People
Urbanization rate
88%
Population growth
-1.2%
Median age
28.5 years
Household size
3.4 People
Education level
60.0 percent
GDP
80,000,000,000 USD
GDP per capita
2,857 USD
Inflation rate
50 %
Unemployment rate
8 %
Cost of living index
120.0 index
Income inequality (Gini)
39.0 index
Retail sales volume
10,000,000,000 USD
Retail sales per capita
357 USD
Disposable income per capita
1,200 USD
Spending by category - apparel
1,000,000,000 USD
Spending by category - groceries
4,000,000,000 USD
Spending by category - electronics
500,000,000 USD
Number of retail outlets
50,000 outlets
Major national retail chains
Excelsior Gama, Loky's, EPA chains
Retail market fragmentation
High qualitative
Presence of global brands
Limited qualitative
Dominant retail formats
Supermarkets, street markets formats
Average commercial rent
10.0 USD/sqm/month
Property transaction volume
5,000 transactions
Ease of doing business index
180.0 rank
Business permit process time
180.0 days
Zoning constraints
Strict qualitative
E-commerce delivery infrastructure
Developing qualitative
Road density
0.1 km/sq km
Public transport penetration
70 %
Commute patterns
45.0 minutes
Vehicle ownership per capita
0.05 vehicles per person
E-commerce share of retail
5 %
Click-and-collect adoption
10 %
Internet penetration
60 %
Mobile commerce usage
40 %
Retail tech startups
15 startups
Retail-related crime rate
20.0 percent
Shoplifting incidents
High qualitative
Consumer protection score
Low qualitative
Business compliance risk
High qualitative
Annual tourist arrivals
1,000,000 arrivals
Tourist retail spending
500,000,000 USD
Airport traffic
5,000,000 passengers
Duty-free sales trends
Declining qualitative
Projected retail market growth rate
4 %
Urban expansion zones
Caracas, Maracaibo zones
Emerging retail hubs
Valencia, Puerto La Cruz hubs
Major upcoming national mall or retail projects
Limited new developments projects
Retail Destinations in Venezuela
Browse 3 retail destinations across Venezuela. Explore retail leasing opportunities, demographics, and market analytics for each location on Occupi.
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Venezuela at a Glance
- Total Properties3
- Cities1
