Money market Rate, Percent per annum in Venezuela
Venezuela: Money market Rate, Percent per annum was 0.5288 in 2017. ◆ Volatile
Money market Rate, Percent per annum in Venezuela, 1996–2017
Source: International Monetary Fund.
Analysis
The most recent figure for money market rate, percent per annum in Venezuela 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 peaked at 28.87 in 2002 and was at its lowest, 0.5288, in 2017.
That places Venezuela 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, 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% |
Venezuela compared with similar countries
- Venezuela's 0.5288 is below the median for lower middle income countries, which is 5.09, 10% of the median. (19 countries reporting)
- Venezuela's 0.5288 is below the median for Latin America & Caribbean, which is 6.89, 8% of the median. (22 countries reporting)
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
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 money market rate, percent per annum in Venezuela?
- Money market rate, percent per annum in Venezuela was 0.5288 in 2017, according to International Monetary Fund.
- What is the highest money market rate, percent per annum recorded in Venezuela?
- The highest recorded value was 28.87 in 2002.
- What is the lowest money market rate, percent per annum recorded in Venezuela?
- The lowest recorded value was 0.5288 in 2017.
- How does Venezuela rank for money market rate, percent per annum?
- Venezuela ranks 80th out of 94 countries with data for 2017.
- Is money market rate, percent per annum rising or falling in Venezuela?
- Over the last ten years it is down 93.9%. The long-run trend across the full record is volatile.
- Where does this Venezuela 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.