Total current account credit/revenue, Credit/Revenue (US dollar) in Venezuela
Venezuela: Total current account credit/revenue, Credit/Revenue (US dollar) was 29.93 billion in 2016. ▼ Falling
Total current account credit/revenue, Credit/Revenue in Venezuela, 2005–2016
Source: International Monetary Fund.
Analysis
In 2016, total current account credit/revenue, credit/revenue in Venezuela stood at 29.93 billion. That is the lowest value across all 12 years on record.
That represents a change of down 25.8% on the previous year and down 60.4% over ten years.
Over the whole period, total current account credit/revenue, credit/revenue in Venezuela peaked at 106.58 billion in 2008 and was at its lowest, 29.93 billion, in 2016.
That places Venezuela 86th out of 197 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Total current account credit/revenue, Credit/Revenue (US dollar) in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 61.47 billion | — |
| 2006 | 75.66 billion | +23.1% |
| 2007 | 82.82 billion | +9.5% |
| 2008 | 106.58 billion | +28.7% |
| 2009 | 64.10 billion | -39.9% |
| 2010 | 71.12 billion | +10.9% |
| 2011 | 98.20 billion | +38.1% |
| 2012 | 102.53 billion | +4.4% |
| 2013 | 93.95 billion | -8.4% |
| 2014 | 79.08 billion | -15.8% |
| 2015 | 40.37 billion | -49.0% |
| 2016 | 29.93 billion | -25.8% |
Venezuela compared with similar countries
- Venezuela's 29.93 billion is above the median for lower middle income countries, which is 12.11 billion, 2.5× the median. (46 countries reporting)
- Venezuela's 29.93 billion is above the median for Latin America & Caribbean, which is 13.69 billion, 2.2× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 78.12 billion | 61.47 billion | 106.58 billion | 5 |
| 2010s | 73.60 billion | 29.93 billion | 102.53 billion | 7 |
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 total current account credit/revenue, credit/revenue in Venezuela?
- Total current account credit/revenue, credit/revenue in Venezuela was 29.93 billion in 2016, according to International Monetary Fund.
- What is the highest total current account credit/revenue, credit/revenue recorded in Venezuela?
- The highest recorded value was 106.58 billion in 2008.
- What is the lowest total current account credit/revenue, credit/revenue recorded in Venezuela?
- The lowest recorded value was 29.93 billion in 2016.
- How does Venezuela rank for total current account credit/revenue, credit/revenue?
- Venezuela ranks 86th out of 197 countries with data for 2016.
- Is total current account credit/revenue, credit/revenue rising or falling in Venezuela?
- Over the last ten years it is down 60.4%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from International Monetary Fund, published as part of Total current account credit/revenue, Credit/Revenue (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.