Current account balance (credit less debit), Percent of GDP in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Current account balance (credit less debit), Percent of GDP was 4.78 in 2027. ◆ Volatile
Current account balance (credit less debit), Percent of GDP in Venezuela, Bolivarian Republic of, 1980–2027
Source: International Monetary Fund.
Analysis
In 2027, current account balance (credit less debit), percent of gdp in Venezuela, Bolivarian Republic of stood at 4.78.
That represents a change of down 32.4% on the previous year and down 36.4% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp in Venezuela, Bolivarian Republic of peaked at 17.75 in 2005 and was at its lowest, -12.79, in 2015.
Venezuela, Bolivarian Republic of ranks 3rd of 35 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 7.41 | — |
| 1981 | 5.66 | -23.6% |
| 1982 | -4.85 | -185.6% |
| 1983 | 6.03 | -224.4% |
| 1984 | 8.72 | +44.7% |
| 1985 | 6.21 | -28.8% |
| 1986 | -3.26 | -152.6% |
| 1987 | -2.97 | -9.1% |
| 1988 | -9.17 | +209.2% |
| 1989 | 5.46 | -159.5% |
| 1990 | 17.47 | +219.9% |
| 1991 | 3.6 | -79.4% |
| 1992 | -6.21 | -272.4% |
| 1993 | -3.33 | -46.4% |
| 1994 | 4.49 | -235.0% |
| 1995 | 2.76 | -38.6% |
| 1996 | 12.74 | +362.0% |
| 1997 | 4.36 | -65.8% |
| 1998 | -4.83 | -210.8% |
| 1999 | 2.17 | -144.9% |
| 2000 | 10.08 | +365.4% |
| 2001 | 1.61 | -84.0% |
| 2002 | 7.98 | +395.3% |
| 2003 | 14.1 | +76.7% |
| 2004 | 13.82 | -1.9% |
| 2005 | 17.75 | +28.4% |
| 2006 | 14.82 | -16.5% |
| 2007 | 5.78 | -61.0% |
| 2008 | 10.2 | +76.4% |
| 2009 | 0.1597 | -98.4% |
| 2010 | 1.75 | +998.8% |
| 2011 | 5.16 | +194.3% |
| 2012 | 0.6941 | -86.6% |
| 2013 | 1.78 | +156.2% |
| 2014 | 2.29 | +28.9% |
| 2015 | -12.79 | -658.4% |
| 2016 | -3.43 | -73.2% |
| 2017 | 7.51 | -319.2% |
| 2018 | 8.44 | +12.4% |
| 2019 | 5.88 | -30.3% |
| 2020 | -3.23 | -154.9% |
| 2021 | -0.9454 | -70.7% |
| 2022 | 4.03 | -526.5% |
| 2023 | 5.83 | +44.5% |
| 2024 | 4.09 | -29.7% |
| 2025 | 2.57 | -37.3% |
| 2026 | 7.08 | +175.7% |
| 2027 | 4.78 | -32.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.92 | -9.17 | 8.72 | 10 |
| 1990s | 3.32 | -6.21 | 17.47 | 10 |
| 2000s | 9.63 | 0.1597 | 17.75 | 10 |
| 2010s | 1.73 | -12.79 | 8.44 | 10 |
| 2020s | 3.03 | -3.23 | 7.08 | 8 |
Countries ranked near Venezuela, Bolivarian Republic of
More financial sector data for Venezuela, Bolivarian Republic of
- 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 current account balance (credit less debit), percent of gdp in Venezuela, Bolivarian Republic of?
- Current account balance (credit less debit), percent of gdp in Venezuela, Bolivarian Republic of was 4.78 in 2027, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 17.75 in 2005.
- What is the lowest current account balance (credit less debit), percent of gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -12.79 in 2015.
- How does Venezuela, Bolivarian Republic of rank for current account balance (credit less debit), percent of gdp?
- Venezuela, Bolivarian Republic of ranks 3rd out of 35 countries with data for 2027.
- Is current account balance (credit less debit), percent of gdp rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 36.4%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.