Monetary Sector credit to private sector in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Monetary Sector credit to private sector was 27.5% in 2013. ▼ Falling
Monetary Sector credit to private sector in Venezuela, Bolivarian Republic of, 1960–2013
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
Venezuela, Bolivarian Republic of 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, Bolivarian Republic of peaked at 33.5% in 1978 and was at its lowest, 8.1%, in 1996.
Venezuela, Bolivarian Republic of ranks 119th of 186 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 in Venezuela, Bolivarian Republic of, 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% |
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, Bolivarian Republic of
More financial sector data for Venezuela, Bolivarian Republic of
- Net domestic credit (current LCU), per capita 0 current LCU per person (2013)
- Net domestic credit (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2013)
- Net domestic credit (current LCU), annual growth rate 75.91 % change on previous year (2013)
- Gold reserves at 35 SDRs per ounce 182.48 million SDR (2017)
- Gold reserves at market value 4.75 billion SDR (2017)
- Reserves excluding gold, foreign exchange 1.24 billion SDR (2017)
- Reserves excluding gold 2.13 billion SDR (2017)
- Total reserves (gold at market value) 6.88 billion SDR (2017)
- Total reserves (gold at national valuation) 6.78 billion SDR (2017)
- Total reserves (gold at national valuation) (SDR), per capita 221.95 SDR per person (2017)
Frequently asked questions
- What is monetary sector credit to private sector in Venezuela, Bolivarian Republic of?
- Monetary sector credit to private sector in Venezuela, Bolivarian Republic of 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, Bolivarian Republic of?
- The highest recorded value was 33.5% in 1978.
- What is the lowest monetary sector credit to private sector recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 8.1% in 1996.
- How does Venezuela, Bolivarian Republic of rank for monetary sector credit to private sector?
- Venezuela, Bolivarian Republic of ranks 119th out of 186 countries with data for 2013.
- Is monetary sector credit to private sector rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 209.0%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of 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.