Primary income balance (credit less debit), Net (credits less debits) in Venezuela
Venezuela: Primary income balance (credit less debit), Net (credits less debits) was -6.92 billion in 2016. ◆ Volatile
Primary income balance (credit less debit), Net (credits less debits) in Venezuela, 2005–2016
Source: International Monetary Fund.
Analysis
In 2016, primary income balance (credit less debit), net (credits less debits) in Venezuela stood at -6.92 billion.
That represents a change of up 9.7% on the previous year and down 562.0% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Venezuela peaked at 515.00 million in 2007 and was at its lowest, -11.10 billion, in 2012.
Venezuela ranks 164th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income balance (credit less debit), Net (credits less debits) in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -2.20 billion | — |
| 2006 | -1.04 billion | -52.5% |
| 2007 | 515.00 million | -149.3% |
| 2008 | -1.57 billion | -404.3% |
| 2009 | -4.65 billion | +196.5% |
| 2010 | -6.21 billion | +33.6% |
| 2011 | -9.08 billion | +46.2% |
| 2012 | -11.10 billion | +22.2% |
| 2013 | -8.71 billion | -21.6% |
| 2014 | -7.42 billion | -14.7% |
| 2015 | -7.66 billion | +3.2% |
| 2016 | -6.92 billion | -9.7% |
Venezuela compared with similar countries
- Venezuela's -6.92 billion is below the median for lower middle income countries, which is -979.17 million, 7.1× the median. (46 countries reporting)
- Venezuela's -6.92 billion is below the median for Latin America & Caribbean, which is -1.10 billion, 6.3× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.79 billion | -4.65 billion | 515.00 million | 5 |
| 2010s | -8.16 billion | -11.10 billion | -6.21 billion | 7 |
Countries ranked near Venezuela
- 161 Nigeria -6.63 billion compare
- 162 Dominican Republic -6.72 billion compare
- 163 New Zealand -6.75 billion compare
- 165 Qatar -7.45 billion compare
- 166 Angola -7.64 billion compare
- 167 South Africa -7.89 billion 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 primary income balance (credit less debit), net (credits less debits) in Venezuela?
- Primary income balance (credit less debit), net (credits less debits) in Venezuela was -6.92 billion in 2016, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Venezuela?
- The highest recorded value was 515.00 million in 2007.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Venezuela?
- The lowest recorded value was -11.10 billion in 2012.
- How does Venezuela rank for primary income balance (credit less debit), net (credits less debits)?
- Venezuela ranks 164th out of 197 countries with data for 2016.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Venezuela?
- Over the last ten years it is down 562.0%. 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 Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.