Total reserves in months of imports (reserves International Financial) in Venezuela
Venezuela: Total reserves in months of imports (reserves International Financial) was 3.65 in 2016. ▼ Falling
Total reserves in months of imports in Venezuela, 1970–2016
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
Venezuela recorded 3.65 for total reserves in months of imports in 2016.
Compared with earlier readings it is up 8.4% on the previous year and down 59.5% over ten years.
Over the whole period, total reserves in months of imports in Venezuela peaked at 16.21 in 1974 and was at its lowest, 2.78, in 2013.
Venezuela ranks 110th of 179 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Total reserves in months of imports (reserves International Financial) in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 4.41 | — |
| 1971 | 5.82 | +31.8% |
| 1972 | 7.12 | +22.4% |
| 1973 | 8.93 | +25.4% |
| 1974 | 16.21 | +81.4% |
| 1975 | 15.44 | -4.7% |
| 1976 | 11.68 | -24.3% |
| 1977 | 8.32 | -28.8% |
| 1978 | 6.38 | -23.3% |
| 1979 | 10.18 | +59.4% |
| 1980 | 9.39 | -7.7% |
| 1981 | 7.59 | -19.2% |
| 1982 | 5.97 | -21.3% |
| 1983 | 11.35 | +90.0% |
| 1984 | 10.63 | -6.3% |
| 1985 | 12.27 | +15.4% |
| 1986 | 9.79 | -20.2% |
| 1987 | 9.74 | -0.6% |
| 1988 | 5.09 | -47.7% |
| 1989 | 7.9 | +55.1% |
| 1990 | 11.86 | +50.2% |
| 1991 | 10.73 | -9.5% |
| 1992 | 7.83 | -27.0% |
| 1993 | 8.49 | +8.4% |
| 1994 | 8.96 | +5.5% |
| 1995 | 6.21 | -30.7% |
| 1996 | 10.63 | +71.3% |
| 1997 | 8.93 | -16.0% |
| 1998 | 6.84 | -23.4% |
| 1999 | 8.09 | +18.3% |
| 2000 | 7.41 | -8.4% |
| 2001 | 5.16 | -30.4% |
| 2002 | 6.75 | +30.8% |
| 2003 | 13.83 | +104.8% |
| 2004 | 10.31 | -25.5% |
| 2005 | 10.02 | -2.8% |
| 2006 | 9.03 | -9.9% |
| 2007 | 5.96 | -34.0% |
| 2008 | 7.03 | +17.9% |
| 2009 | 6.66 | -5.3% |
| 2010 | 5.56 | -16.4% |
| 2011 | 4.16 | -25.2% |
| 2012 | 3.6 | -13.5% |
| 2013 | 2.78 | -22.6% |
| 2014 | 3.5 | +25.8% |
| 2015 | 3.37 | -3.8% |
| 2016 | 3.65 | +8.4% |
Venezuela compared with similar countries
- Venezuela's 3.65 is below the median for lower middle income countries, which is 5.09, 72% of the median. (42 countries reporting)
- Venezuela's 3.65 is below the median for Latin America & Caribbean, which is 4.12, 89% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.45 | 4.41 | 16.21 | 10 |
| 1980s | 8.97 | 5.09 | 12.27 | 10 |
| 1990s | 8.86 | 6.21 | 11.86 | 10 |
| 2000s | 8.22 | 5.16 | 13.83 | 10 |
| 2010s | 3.81 | 2.78 | 5.56 | 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 reserves in months of imports in Venezuela?
- Total reserves in months of imports in Venezuela was 3.65 in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Venezuela?
- The highest recorded value was 16.21 in 1974.
- What is the lowest total reserves in months of imports recorded in Venezuela?
- The lowest recorded value was 2.78 in 2013.
- How does Venezuela rank for total reserves in months of imports?
- Venezuela ranks 110th out of 179 countries with data for 2016.
- Is total reserves in months of imports rising or falling in Venezuela?
- Over the last ten years it is down 59.5%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].