Net domestic credit (current LCU) in Venezuela
Venezuela: Net domestic credit (current LCU) was 13.91 current LCU in 2013. ◆ Volatile
Net domestic credit in Venezuela, 1960–2013
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2013, net domestic credit in Venezuela stood at 13.91 current LCU. That is the highest value across all 54 years on record.
That represents a change of up 75.9% on the previous year and up 9,681.5% over ten years.
Over the whole period, net domestic credit in Venezuela peaked at 13.91 current LCU in 2013 and was at its lowest, 0 current LCU, in 1960.
That places Venezuela 185th out of 187 countries with data for 2013, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU) in Venezuela, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 0 current LCU | — |
| 1961 | 0 current LCU | +5.3% |
| 1962 | 0 current LCU | -3.8% |
| 1963 | 0 current LCU | +7.4% |
| 1964 | 0 current LCU | +2.7% |
| 1965 | 0.0001 current LCU | +18.0% |
| 1966 | 0.0001 current LCU | +1.1% |
| 1967 | 0.0001 current LCU | +7.3% |
| 1968 | 0.0001 current LCU | +14.5% |
| 1969 | 0.0001 current LCU | +14.2% |
| 1970 | 0.0001 current LCU | +9.5% |
| 1971 | 0.0001 current LCU | +4.9% |
| 1972 | 0.0001 current LCU | +19.3% |
| 1973 | 0.0001 current LCU | +18.9% |
| 1974 | 0.0002 current LCU | +14.4% |
| 1975 | 0.0002 current LCU | +61.3% |
| 1976 | 0.0003 current LCU | +30.8% |
| 1977 | 0.0004 current LCU | +25.7% |
| 1978 | 0.0005 current LCU | +25.4% |
| 1979 | 0.0005 current LCU | +3.2% |
| 1980 | 0.0007 current LCU | +28.7% |
| 1981 | 0.0008 current LCU | +16.9% |
| 1982 | 0.001 current LCU | +21.1% |
| 1983 | 0.001 current LCU | +7.2% |
| 1984 | 0.0012 current LCU | +15.6% |
| 1985 | 0.0013 current LCU | +7.0% |
| 1986 | 0.0017 current LCU | +32.4% |
| 1987 | 0.0022 current LCU | +31.3% |
| 1988 | 0.0033 current LCU | +50.2% |
| 1989 | 0.0039 current LCU | +19.7% |
| 1990 | 0.0066 current LCU | +67.1% |
| 1991 | 0.0073 current LCU | +11.2% |
| 1992 | 0.0104 current LCU | +41.8% |
| 1993 | 0.0132 current LCU | +27.2% |
| 1994 | 0.0257 current LCU | +95.3% |
| 1995 | 0.0439 current LCU | +70.5% |
| 1996 | 0.0526 current LCU | +19.9% |
| 1997 | 0.0649 current LCU | +23.3% |
| 1998 | 0.0819 current LCU | +26.2% |
| 1999 | 0.0918 current LCU | +12.1% |
| 2000 | 0.1059 current LCU | +15.4% |
| 2001 | 0.1404 current LCU | +32.7% |
| 2002 | 0.1643 current LCU | +17.0% |
| 2003 | 0.1422 current LCU | -13.5% |
| 2004 | 0.2237 current LCU | +57.3% |
| 2005 | 0.5095 current LCU | +127.7% |
| 2006 | 0.8615 current LCU | +69.1% |
| 2007 | 1.27 current LCU | +47.1% |
| 2008 | 1.68 current LCU | +32.7% |
| 2009 | 2.44 current LCU | +44.7% |
| 2010 | 3.04 current LCU | +24.7% |
| 2011 | 4.57 current LCU | +50.4% |
| 2012 | 7.91 current LCU | +73.0% |
| 2013 | 13.91 current LCU | +75.9% |
Venezuela compared with similar countries
- Venezuela's 13.91 current LCU is below the median for lower middle income countries, which is 680.59 billion current LCU, 0% of the median. (46 countries reporting)
- Venezuela's 13.91 current LCU is below the median for Latin America & Caribbean, which is 188.32 billion current LCU, 0% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU) in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +127.7% | 0.2237 current LCU | 0.5095 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0001 current LCU | 0 current LCU | 0.0001 current LCU | 10 |
| 1970s | 0.0003 current LCU | 0.0001 current LCU | 0.0005 current LCU | 10 |
| 1980s | 0.0017 current LCU | 0.0007 current LCU | 0.0039 current LCU | 10 |
| 1990s | 0.0398 current LCU | 0.0066 current LCU | 0.0918 current LCU | 10 |
| 2000s | 0.7533 current LCU | 0.1059 current LCU | 2.44 current LCU | 10 |
| 2010s | 7.36 current LCU | 3.04 current LCU | 13.91 current LCU | 4 |
Countries ranked near Venezuela
- 182 Samoa 605.12 million current LCU compare
- 183 Tonga 280.57 million current LCU compare
- 184 Micronesia (country) 7.41 million current LCU compare
- 186 East Timor -198.87 million current LCU compare
- 187 Afghanistan -79.38 billion current LCU compare
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 net domestic credit in Venezuela?
- Net domestic credit in Venezuela was 13.91 current LCU in 2013, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Venezuela?
- The highest recorded value was 13.91 current LCU in 2013.
- What is the lowest net domestic credit recorded in Venezuela?
- The lowest recorded value was 0 current LCU in 1960.
- How does Venezuela rank for net domestic credit?
- Venezuela ranks 185th out of 187 countries with data for 2013.
- Is net domestic credit rising or falling in Venezuela?
- Over the last ten years it is up 9,681.5%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.