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 169 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.
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
- Domestic credit to private sector by banks 23.9% (2015)
- Total reserves in months of imports 3.65 (2016)
- Net domestic credit 13.91 current LCU (2013)
- Net foreign assets 1.51 current LCU (2013)
- Monetary Sector credit to private sector 27.5% (2013)
- Broad money 48.6% (2013)
- Claims on central government, etc. 7.3% (2013)
- Domestic credit to private sector 27.5% (2013)
- Official exchange rate 9.97 LCU per US$, period average (2017)
- Net migration -100,467 (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 169 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.