Bank concentration (%) in Venezuela
Venezuela: Bank concentration (%) was 84.5% in 2021. ▲ Rising
Bank concentration in Venezuela, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank concentration in Venezuela stood at 84.5%. That is the highest value across all 19 years on record.
That represents a change of up 3.6% on the previous year and up 93.2% over ten years.
Over the whole period, bank concentration in Venezuela peaked at 84.5% in 2021 and was at its lowest, 34.3%, in 2007.
That places Venezuela 49th out of 170 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Bank concentration (%) in Venezuela, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 44.7% | — |
| 2001 | 43.3% | -3.1% |
| 2002 | 44.0% | +1.7% |
| 2003 | 46.6% | +5.9% |
| 2004 | 39.7% | -14.8% |
| 2005 | 36.9% | -7.0% |
| 2006 | 36.8% | -0.3% |
| 2007 | 34.3% | -6.9% |
| 2008 | 42.3% | +23.4% |
| 2009 | 41.4% | -2.3% |
| 2010 | 45.4% | +9.8% |
| 2011 | 43.7% | -3.8% |
| 2012 | 39.2% | -10.4% |
| 2013 | 45.3% | +15.5% |
| 2014 | 46.9% | +3.6% |
| 2018 | 79.1% | +68.7% |
| 2019 | 80.2% | +1.3% |
| 2020 | 81.5% | +1.7% |
| 2021 | 84.5% | +3.6% |
Venezuela compared with similar countries
- Venezuela's 84.5% is above the median for lower middle income countries, which is 68.4%, 1.2× the median. (38 countries reporting)
- Venezuela's 84.5% is above the median for Latin America & Caribbean, which is 73.8%, 1.1× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Bank concentration (%) in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +68.7% | 46.9% | 79.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.0% | 34.3% | 46.6% | 10 |
| 2010s | 54.3% | 39.2% | 80.2% | 7 |
| 2020s | 83.0% | 81.5% | 84.5% | 2 |
Countries ranked near Venezuela
More financial sector data for Venezuela
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 12.24 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 8.94 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 12.24 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank concentration in Venezuela?
- Bank concentration in Venezuela was 84.5% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Venezuela?
- The highest recorded value was 84.5% in 2021.
- What is the lowest bank concentration recorded in Venezuela?
- The lowest recorded value was 34.3% in 2007.
- How does Venezuela rank for bank concentration?
- Venezuela ranks 49th out of 170 countries with data for 2021.
- Is bank concentration rising or falling in Venezuela?
- Over the last ten years it is up 93.2%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.