As of Sunday, September 24, 2023, the population of Venezuela is estimated to be 28,966,940. However, the population of Venezuela has been declining in recent years due to negative net migration, despite the fertility rate being above the population replacement rate at 2.28 births per woman. The population of Venezuela was estimated to be 28.44 million in 2020, and it is expected to start growing again for the next few decades. It is estimated that Venezuela’s population will reach its peak of 35.57 million by 2063. According to Trading Economics, the population of Venezuela is expected to reach 33.75 million by the end of 2023.