National Definitions of Money, Base Money (Domestic currency) in Venezuela
Venezuela: National Definitions of Money, Base Money (Domestic currency) was 1.60 trillion Domestic currency in 2015. ◆ Volatile
National Definitions of Money, Base Money in Venezuela, 1996–2015
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
The most recent figure for national definitions of money, base money in Venezuela is 1.60 trillion Domestic currency, measured in 2015. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 111.2% on the previous year and up 6,834.6% over ten years.
Over the whole period, national definitions of money, base money in Venezuela peaked at 1.60 trillion Domestic currency in 2015 and was at its lowest, 1.68 billion Domestic currency, in 1996.
Venezuela ranks 35th of 88 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
National Definitions of Money, Base Money (Domestic currency) in Venezuela, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 1996 | 1.68 billion Domestic currency | — |
| 1997 | 3.00 billion Domestic currency | +79.3% |
| 1998 | 3.72 billion Domestic currency | +23.7% |
| 1999 | 4.91 billion Domestic currency | +32.1% |
| 2000 | 5.79 billion Domestic currency | +17.9% |
| 2001 | 6.48 billion Domestic currency | +11.9% |
| 2002 | 7.70 billion Domestic currency | +18.9% |
| 2003 | 11.27 billion Domestic currency | +46.4% |
| 2004 | 16.52 billion Domestic currency | +46.6% |
| 2005 | 23.09 billion Domestic currency | +39.7% |
| 2006 | 44.82 billion Domestic currency | +94.1% |
| 2007 | 64.18 billion Domestic currency | +43.2% |
| 2008 | 83.59 billion Domestic currency | +30.2% |
| 2009 | 97.56 billion Domestic currency | +16.7% |
| 2010 | 123.05 billion Domestic currency | +26.1% |
| 2011 | 172.75 billion Domestic currency | +40.4% |
| 2012 | 268.36 billion Domestic currency | +55.3% |
| 2013 | 444.89 billion Domestic currency | +65.8% |
| 2014 | 757.99 billion Domestic currency | +70.4% |
| 2015 | 1.60 trillion Domestic currency | +111.2% |
Venezuela compared with similar countries
- Venezuela's 1.60 trillion Domestic currency is above the median for lower middle income countries, which is 1.28 trillion Domestic currency, 1.3× the median. (24 countries reporting)
- Venezuela's 1.60 trillion Domestic currency is above the median for Latin America & Caribbean, which is 458.93 billion Domestic currency, 3.5× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.33 billion Domestic currency | 1.68 billion Domestic currency | 4.91 billion Domestic currency | 4 |
| 2000s | 36.10 billion Domestic currency | 5.79 billion Domestic currency | 97.56 billion Domestic currency | 10 |
| 2010s | 561.33 billion Domestic currency | 123.05 billion Domestic currency | 1.60 trillion Domestic currency | 6 |
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 national definitions of money, base money in Venezuela?
- National definitions of money, base money in Venezuela was 1.60 trillion Domestic currency in 2015, according to International Monetary Fund.
- What is the highest national definitions of money, base money recorded in Venezuela?
- The highest recorded value was 1.60 trillion Domestic currency in 2015.
- What is the lowest national definitions of money, base money recorded in Venezuela?
- The lowest recorded value was 1.68 billion Domestic currency in 1996.
- How does Venezuela rank for national definitions of money, base money?
- Venezuela ranks 35th out of 88 countries with data for 2015.
- Is national definitions of money, base money rising or falling in Venezuela?
- Over the last ten years it is up 6,834.6%. 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 National Definitions of Money, Base Money (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.