Primary income balance (credit less debit), Net (credits less debits) in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: 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, Bolivarian Republic of, 2005–2016
Source: International Monetary Fund.
Analysis
In 2016, primary income balance (credit less debit), net (credits less debits) in Venezuela, Bolivarian Republic of 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, Bolivarian Republic of peaked at 515.00 million in 2007 and was at its lowest, -11.10 billion, in 2012.
Venezuela, Bolivarian Republic of 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, Bolivarian Republic of, 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% |
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, Bolivarian Republic of
- 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, Bolivarian Republic of
- Net domestic credit (current LCU), per capita 0 current LCU per person (2013)
- Net domestic credit (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2013)
- Net domestic credit (current LCU), annual growth rate 75.91 % change on previous year (2013)
- Gold reserves at 35 SDRs per ounce 182.48 million SDR (2017)
- Gold reserves at market value 4.75 billion SDR (2017)
- Reserves excluding gold, foreign exchange 1.24 billion SDR (2017)
- Reserves excluding gold 2.13 billion SDR (2017)
- Total reserves (gold at market value) 6.88 billion SDR (2017)
- Total reserves (gold at national valuation) 6.78 billion SDR (2017)
- Total reserves (gold at national valuation) (SDR), per capita 221.95 SDR per person (2017)
Frequently asked questions
- What is primary income balance (credit less debit), net (credits less debits) in Venezuela, Bolivarian Republic of?
- Primary income balance (credit less debit), net (credits less debits) in Venezuela, Bolivarian Republic of 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, Bolivarian Republic of?
- 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, Bolivarian Republic of?
- The lowest recorded value was -11.10 billion in 2012.
- How does Venezuela, Bolivarian Republic of rank for primary income balance (credit less debit), net (credits less debits)?
- Venezuela, Bolivarian Republic of 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, Bolivarian Republic of?
- Over the last ten years it is down 562.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of 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.