Broad money growth in Venezuela
Venezuela: Broad money growth was 58.8% in 2013. ◆ Volatile
Broad money growth in Venezuela, 1961–2013
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
Venezuela recorded 58.8% for broad money growth in 2013.
Compared with earlier readings it is up 10.4% on the previous year and down 5.7% over ten years.
Over the whole period, broad money growth in Venezuela peaked at 72.7% in 2006 and was at its lowest, -0.0%, in 1966.
Venezuela ranks 5th of 166 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth in Venezuela, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 1.2% | — |
| 1962 | 1.6% | +32.3% |
| 1963 | 16.2% | +942.7% |
| 1964 | 16.2% | -0.1% |
| 1965 | 8.2% | -49.8% |
| 1966 | -0.0% | -100.4% |
| 1967 | 13.5% | -41290.5% |
| 1968 | 9.5% | -29.6% |
| 1969 | 10.9% | +14.0% |
| 1970 | 7.7% | -28.7% |
| 1971 | 16.7% | +115.9% |
| 1972 | 19.7% | +17.7% |
| 1973 | 19.7% | -0.1% |
| 1974 | 35.6% | +81.0% |
| 1975 | 53.3% | +49.6% |
| 1976 | 23.3% | -56.2% |
| 1977 | 25.6% | +9.9% |
| 1978 | 15.3% | -40.2% |
| 1979 | 7.5% | -51.1% |
| 1980 | 17.3% | +130.8% |
| 1981 | 13.4% | -22.3% |
| 1982 | 8.5% | -36.5% |
| 1983 | 23.6% | +176.2% |
| 1984 | 18.3% | -22.6% |
| 1985 | 9.7% | -47.1% |
| 1986 | 12.9% | +33.8% |
| 1987 | 18.6% | +43.8% |
| 1988 | 20.4% | +9.7% |
| 1989 | 41.9% | +105.7% |
| 1990 | 64.9% | +54.7% |
| 1991 | 47.6% | -26.7% |
| 1992 | 17.7% | -62.7% |
| 1993 | 25.5% | +44.0% |
| 1994 | 68.9% | +169.7% |
| 1995 | 36.6% | -46.9% |
| 1996 | 68.8% | +88.2% |
| 1997 | 55.5% | -19.3% |
| 1998 | 7.4% | -86.7% |
| 1999 | 21.7% | +193.8% |
| 2000 | 33.7% | +55.6% |
| 2001 | 10.7% | -68.2% |
| 2002 | 14.6% | +36.4% |
| 2003 | 62.4% | +326.3% |
| 2004 | 50.0% | -20.0% |
| 2005 | 47.4% | -5.0% |
| 2006 | 72.7% | +53.3% |
| 2007 | 33.9% | -53.4% |
| 2008 | 28.8% | -15.0% |
| 2009 | 23.3% | -19.0% |
| 2010 | 23.5% | +0.9% |
| 2011 | 49.2% | +109.0% |
| 2012 | 53.3% | +8.3% |
| 2013 | 58.8% | +10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.6% | -0.0% | 16.2% | 9 |
| 1970s | 22.5% | 7.5% | 53.3% | 10 |
| 1980s | 18.5% | 8.5% | 41.9% | 10 |
| 1990s | 41.5% | 7.4% | 68.9% | 10 |
| 2000s | 37.8% | 10.7% | 72.7% | 10 |
| 2010s | 46.2% | 23.5% | 58.8% | 4 |
Countries ranked near Venezuela
More financial sector data for Venezuela
- Total reserves in months of imports, annual growth rate 8.37 % change on previous year (2016)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2016)
- Total reserves in months of imports, per capita 0 units per person (2016)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -18.98 % change on previous year (2017)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0107 SDR per US$ of GDP (2017)
- Reserves excluding gold, foreign exchange (SDR), per capita 40.5 SDR per person (2017)
- Reserves excluding gold (SDR), annual growth rate -12.26 % change on previous year (2017)
- Reserves excluding gold (SDR), per capita 69.71 SDR per person (2017)
- Total reserves (gold at market value) (SDR), annual growth rate -8.91 % change on previous year (2017)
- Total reserves (gold at market value) (SDR), per capita 225 SDR per person (2017)
Frequently asked questions
- What is broad money growth in Venezuela?
- Broad money growth in Venezuela was 58.8% in 2013, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in Venezuela?
- The highest recorded value was 72.7% in 2006.
- What is the lowest broad money growth recorded in Venezuela?
- The lowest recorded value was -0.0% in 1966.
- How does Venezuela rank for broad money growth?
- Venezuela ranks 5th out of 166 countries with data for 2013.
- Is broad money growth rising or falling in Venezuela?
- Over the last ten years it is down 5.7%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.