Net foreign assets in Venezuela
Venezuela: Net foreign assets was 1.51 current LCU in 2013. ◆ Volatile
Net foreign assets in Venezuela, 1960–2013
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net foreign assets in Venezuela is 1.51 current LCU, measured in 2013.
Compared with earlier readings it is up 8.5% on the previous year and up 279.5% over ten years.
Over the whole period, net foreign assets in Venezuela peaked at 1.55 current LCU in 2011 and was at its lowest, 0 current LCU, in 1962.
That places Venezuela 175th 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 foreign assets in Venezuela, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 0 current LCU | — |
| 1961 | 0 current LCU | -3.3% |
| 1962 | 0 current LCU | -1.0% |
| 1963 | 0 current LCU | +17.7% |
| 1964 | 0 current LCU | +30.4% |
| 1965 | 0 current LCU | -3.6% |
| 1966 | 0 current LCU | +1.5% |
| 1967 | 0 current LCU | +17.2% |
| 1968 | 0 current LCU | +6.9% |
| 1969 | 0 current LCU | -1.5% |
| 1970 | 0 current LCU | +4.4% |
| 1971 | 0.0001 current LCU | +53.2% |
| 1972 | 0.0001 current LCU | +13.5% |
| 1973 | 0.0001 current LCU | +44.6% |
| 1974 | 0.0003 current LCU | +197.3% |
| 1975 | 0.0004 current LCU | +39.0% |
| 1976 | 0.0004 current LCU | -3.8% |
| 1977 | 0.0003 current LCU | -8.9% |
| 1978 | 0.0003 current LCU | -21.0% |
| 1979 | 0.0003 current LCU | +26.6% |
| 1980 | 0.0003 current LCU | -13.1% |
| 1981 | 0.0003 current LCU | +17.7% |
| 1982 | 0.0003 current LCU | +1.3% |
| 1983 | 0.0004 current LCU | +30.2% |
| 1984 | 0.0007 current LCU | +54.1% |
| 1985 | 0.0007 current LCU | +5.2% |
| 1986 | 0.0006 current LCU | -15.9% |
| 1987 | 0.0007 current LCU | +16.8% |
| 1988 | 0.0003 current LCU | -62.0% |
| 1989 | 0.0021 current LCU | +706.6% |
| 1990 | 0.0036 current LCU | +72.4% |
| 1991 | 0.006 current LCU | +64.9% |
| 1992 | 0.0071 current LCU | +19.3% |
| 1993 | 0.0087 current LCU | +22.2% |
| 1994 | 0.0121 current LCU | +38.8% |
| 1995 | 0.0165 current LCU | +36.2% |
| 1996 | 0.0537 current LCU | +226.0% |
| 1997 | 0.0835 current LCU | +55.7% |
| 1998 | 0.0814 current LCU | -2.5% |
| 1999 | 0.0964 current LCU | +18.4% |
| 2000 | 0.1116 current LCU | +15.7% |
| 2001 | 0.1186 current LCU | +6.3% |
| 2002 | 0.2207 current LCU | +86.1% |
| 2003 | 0.3968 current LCU | +79.8% |
| 2004 | 0.5386 current LCU | +35.7% |
| 2005 | 0.7246 current LCU | +34.5% |
| 2006 | 0.8812 current LCU | +21.6% |
| 2007 | 0.9344 current LCU | +6.0% |
| 2008 | 1 current LCU | +7.5% |
| 2009 | 0.7892 current LCU | -21.4% |
| 2010 | 0.8413 current LCU | +6.6% |
| 2011 | 1.55 current LCU | +84.6% |
| 2012 | 1.39 current LCU | -10.7% |
| 2013 | 1.51 current LCU | +8.5% |
Venezuela compared with similar countries
- Venezuela's 1.51 current LCU is below the median for lower middle income countries, which is 256.19 billion current LCU, 0% of the median. (46 countries reporting)
- Venezuela's 1.51 current LCU is below the median for Latin America & Caribbean, which is 68.74 billion current LCU, 0% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets 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 |
|---|---|---|---|
| 1989 | +706.6% | 0.0003 current LCU | 0.0021 current LCU |
| 1996 | +226.0% | 0.0165 current LCU | 0.0537 current LCU |
| 1974 | +197.3% | 0.0001 current LCU | 0.0003 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 current LCU | 0 current LCU | 0 current LCU | 10 |
| 1970s | 0.0002 current LCU | 0 current LCU | 0.0004 current LCU | 10 |
| 1980s | 0.0006 current LCU | 0.0003 current LCU | 0.0021 current LCU | 10 |
| 1990s | 0.0369 current LCU | 0.0036 current LCU | 0.0964 current LCU | 10 |
| 2000s | 0.572 current LCU | 0.1116 current LCU | 1 current LCU | 10 |
| 2010s | 1.32 current LCU | 0.8413 current LCU | 1.55 current LCU | 4 |
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 net foreign assets in Venezuela?
- Net foreign assets in Venezuela was 1.51 current LCU in 2013, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net foreign assets recorded in Venezuela?
- The highest recorded value was 1.55 current LCU in 2011.
- What is the lowest net foreign assets recorded in Venezuela?
- The lowest recorded value was 0 current LCU in 1962.
- How does Venezuela rank for net foreign assets?
- Venezuela ranks 175th out of 187 countries with data for 2013.
- Is net foreign assets rising or falling in Venezuela?
- Over the last ten years it is up 279.5%. 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 foreign assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. 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.