Monetary Sector credit to private sector (% GDP) in Venezuela
Venezuela: Monetary Sector credit to private sector (% GDP) was 27.5% in 2013. ▼ Falling
Monetary Sector credit to private sector in Venezuela, 1960–2013
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Venezuela recorded 27.5% for monetary sector credit to private sector in 2013.
Compared with earlier readings it is up 15.0% on the previous year and up 209.0% over ten years.
Over the whole period, monetary sector credit to private sector in Venezuela peaked at 33.5% in 1978 and was at its lowest, 8.1%, in 1996.
Venezuela ranks 121st of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 54 years of available data.
Monetary Sector credit to private sector (% GDP) in Venezuela, year by year
| Year | % GDP | Change |
|---|---|---|
| 1960 | 15.7% | — |
| 1961 | 14.8% | -5.5% |
| 1962 | 14.2% | -3.9% |
| 1963 | 13.9% | -2.4% |
| 1964 | 14.8% | +6.3% |
| 1965 | 15.6% | +5.7% |
| 1966 | 15.3% | -2.1% |
| 1967 | 15.8% | +3.5% |
| 1968 | 16.3% | +3.1% |
| 1969 | 17.1% | +5.0% |
| 1970 | 16.7% | -2.1% |
| 1971 | 16.8% | +0.4% |
| 1972 | 18.2% | +8.5% |
| 1973 | 19.4% | +6.4% |
| 1974 | 16.9% | -12.8% |
| 1975 | 24.3% | +43.7% |
| 1976 | 29.2% | +20.0% |
| 1977 | 30.0% | +2.9% |
| 1978 | 33.5% | +11.5% |
| 1979 | 28.5% | -14.9% |
| 1980 | 27.5% | -3.6% |
| 1981 | 26.7% | -2.8% |
| 1982 | 29.2% | +9.5% |
| 1983 | 30.7% | +4.9% |
| 1984 | 24.7% | -19.5% |
| 1985 | 24.9% | +0.8% |
| 1986 | 30.6% | +23.0% |
| 1987 | 28.9% | -5.6% |
| 1988 | 30.0% | +3.8% |
| 1989 | 20.2% | -32.7% |
| 1990 | 16.6% | -17.8% |
| 1991 | 18.4% | +11.0% |
| 1992 | 18.6% | +0.9% |
| 1993 | 15.8% | -15.2% |
| 1994 | 9.2% | -41.7% |
| 1995 | 8.7% | -5.9% |
| 1996 | 8.1% | -6.1% |
| 1997 | 12.6% | +55.1% |
| 1998 | 12.0% | -4.5% |
| 1999 | 11.2% | -6.9% |
| 2000 | 10.5% | -6.5% |
| 2001 | 12.4% | +18.0% |
| 2002 | 10.1% | -18.1% |
| 2003 | 8.9% | -12.1% |
| 2004 | 11.1% | +24.4% |
| 2005 | 13.2% | +19.2% |
| 2006 | 17.0% | +28.9% |
| 2007 | 23.5% | +37.8% |
| 2008 | 21.5% | -8.6% |
| 2009 | 23.6% | +10.0% |
| 2010 | 18.9% | -20.2% |
| 2011 | 20.5% | +8.6% |
| 2012 | 23.9% | +16.8% |
| 2013 | 27.5% | +15.0% |
Venezuela compared with similar countries
- Venezuela's 27.5% is above the median for lower middle income countries, which is 23.7%, 1.2× the median. (46 countries reporting)
- Venezuela's 27.5% is below the median for Latin America & Caribbean, which is 43.1%, 64% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 15.3% | 13.9% | 17.1% | 10 |
| 1970s | 23.3% | 16.7% | 33.5% | 10 |
| 1980s | 27.3% | 20.2% | 30.7% | 10 |
| 1990s | 13.1% | 8.1% | 18.6% | 10 |
| 2000s | 15.2% | 8.9% | 23.6% | 10 |
| 2010s | 22.7% | 18.9% | 27.5% | 4 |
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 monetary sector credit to private sector in Venezuela?
- Monetary sector credit to private sector in Venezuela was 27.5% in 2013, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Venezuela?
- The highest recorded value was 33.5% in 1978.
- What is the lowest monetary sector credit to private sector recorded in Venezuela?
- The lowest recorded value was 8.1% in 1996.
- How does Venezuela rank for monetary sector credit to private sector?
- Venezuela ranks 121st out of 187 countries with data for 2013.
- Is monetary sector credit to private sector rising or falling in Venezuela?
- Over the last ten years it is up 209.0%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.