Money market Rate, Percent per annum in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Money market Rate, Percent per annum was 0.5288 in 2017. ◆ Volatile
Money market Rate, Percent per annum in Venezuela, Bolivarian Republic of, 1996–2017
Source: International Monetary Fund.
Analysis
The most recent figure for money market rate, percent per annum in Venezuela, Bolivarian Republic of is 0.5288, measured in 2017. That is the lowest value across all 22 years on record.
That represents a change of down 83.4% on the previous year and down 93.9% over ten years.
Over the whole period, money market rate, percent per annum in Venezuela, Bolivarian Republic of peaked at 28.87 in 2002 and was at its lowest, 0.5288, in 2017.
That places Venezuela, Bolivarian Republic of 80th out of 94 countries with data for 2017, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Money market Rate, Percent per annum in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 16.7 | — |
| 1997 | 12.47 | -25.3% |
| 1998 | 18.58 | +49.1% |
| 1999 | 7.47 | -59.8% |
| 2000 | 8.14 | +8.9% |
| 2001 | 13.32 | +63.7% |
| 2002 | 28.87 | +116.6% |
| 2003 | 13.23 | -54.2% |
| 2004 | 4.38 | -66.9% |
| 2005 | 2.62 | -40.3% |
| 2006 | 5.26 | +101.0% |
| 2007 | 8.72 | +65.8% |
| 2008 | 11.09 | +27.2% |
| 2009 | 10.03 | -9.6% |
| 2010 | 5.36 | -46.6% |
| 2011 | 4.93 | -8.1% |
| 2012 | 0.8192 | -83.4% |
| 2013 | 1.61 | +96.7% |
| 2014 | 6.37 | +295.3% |
| 2015 | 3.37 | -47.1% |
| 2016 | 3.19 | -5.5% |
| 2017 | 0.5288 | -83.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.81 | 7.47 | 18.58 | 4 |
| 2000s | 10.57 | 2.62 | 28.87 | 10 |
| 2010s | 3.27 | 0.5288 | 6.37 | 8 |
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 money market rate, percent per annum in Venezuela, Bolivarian Republic of?
- Money market rate, percent per annum in Venezuela, Bolivarian Republic of was 0.5288 in 2017, according to International Monetary Fund.
- What is the highest money market rate, percent per annum recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 28.87 in 2002.
- What is the lowest money market rate, percent per annum recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.5288 in 2017.
- How does Venezuela, Bolivarian Republic of rank for money market rate, percent per annum?
- Venezuela, Bolivarian Republic of ranks 80th out of 94 countries with data for 2017.
- Is money market rate, percent per annum rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 93.9%. 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 Money market Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.