Total reserves in months of imports in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Total reserves in months of imports was 3.65 in 2016. ▼ Falling
Total reserves in months of imports in Venezuela, Bolivarian Republic of, 1970–2016
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
Venezuela, Bolivarian Republic of 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, Bolivarian Republic of peaked at 16.21 in 1974 and was at its lowest, 2.78, in 2013.
Venezuela, Bolivarian Republic of ranks 107th 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 in Venezuela, Bolivarian Republic of, 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% |
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, Bolivarian Republic of
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 total reserves in months of imports in Venezuela, Bolivarian Republic of?
- Total reserves in months of imports in Venezuela, Bolivarian Republic of 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, Bolivarian Republic of?
- The highest recorded value was 16.21 in 1974.
- What is the lowest total reserves in months of imports recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 2.78 in 2013.
- How does Venezuela, Bolivarian Republic of rank for total reserves in months of imports?
- Venezuela, Bolivarian Republic of ranks 107th out of 179 countries with data for 2016.
- Is total reserves in months of imports rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 59.5%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of 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)].