Venezuela Forecast: Real GDP Growth

1980 - 2021 | Yearly | % | International Monetary Fund

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Venezuela’s Real GDP Growth is forecasted to be -15.000 % in Dec 2020 as reported by International Monetary Fund. It records an increase from the last reported number of -35.000 % in Dec 2019. Looking ahead, Venezuela’s Real GDP Growth is projected to stand at -5.000 % in Dec 2021. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

What is Venezuela's Forecast: Real GDP Growth in 2021?

Last Previous Min Max Unit Frequency Range

-5.000

% 2021 yearly 1980 - 2021

-15.000

% 2020 yearly 1980 - 2021

-35.000

2019

18.287

2004

%

yearly

1980 - 2021

Updated on 28 Apr 2020

Forecast: Real GDP Growth by Country Comparison

Buy this table Includes Forecast: Real GDP Growth for ALL Countries/Regions: countries Instant access to full history data in excel
All Countries/Regions
Asia and Oceania
Europe and Central Asia
Middle East and Africa
North and South America
Country/Region Last Frequency Range
Afghanistan (%)

4.495

2021

yearly

2003 - 2021

Albania (%)

8.000

2021

yearly

1980 - 2021

Algeria (%)

6.231

2021

yearly

1980 - 2021

Angola (%)

2.644

2021

yearly

1980 - 2021

Antigua and Barbuda (%)

7.959

2021

yearly

1980 - 2021

Argentina (%)

3.900

2021

yearly

1980 - 2021

Armenia (%)

4.770

2021

yearly

1993 - 2021

Australia (%)

4.000

2021

yearly

1980 - 2021

Austria (%)

4.510

2021

yearly

1980 - 2021

Azerbaijan (%)

0.707

2021

yearly

1993 - 2021

Bahamas (%)

6.689

2021

yearly

1980 - 2021

Bahrain (%)

2.986

2021

yearly

1980 - 2021

Bangladesh (%)

9.531

2021

yearly

1980 - 2021

Barbados (%)

7.100

2021

yearly

1980 - 2021

Belarus (%)

3.487

2021

yearly

1993 - 2021

Belgium (%)

4.564

2021

yearly

1980 - 2021

Belize (%)

7.607

2021

yearly

1980 - 2021

Benin (%)

5.974

2021

yearly

1980 - 2021

Bhutan (%)

2.866

2021

yearly

1980 - 2021

Bolivia (%)

2.900

2021

yearly

1980 - 2021

Bosnia and Herzegovina (%)

3.500

2021

yearly

1997 - 2021

Botswana (%)

6.781

2021

yearly

1980 - 2021

Brazil (%)

3.573

2021

yearly

1980 - 2021

Brunei (%)

3.541

2021

yearly

1986 - 2021

Bulgaria (%)

6.040

2021

yearly

1980 - 2021

Burkina Faso (%)

5.804

2021

yearly

1980 - 2021

Burundi (%)

4.212

2021

yearly

1980 - 2021

Cambodia (%)

6.057

2021

yearly

1988 - 2021

Cameroon (%)

4.051

2021

yearly

1980 - 2021

Canada (%)

4.940

2021

yearly

1980 - 2021

Cape Verde (%)

5.506

2021

yearly

1980 - 2021

Central African Republic (%)

3.989

2021

yearly

1980 - 2021

Chad (%)

6.067

2021

yearly

1980 - 2021

Chile (%)

5.274

2021

yearly

1980 - 2021

China (%)

8.197

2021

yearly

1980 - 2021

Colombia (%)

3.745

2021

yearly

1980 - 2021

Comoros (%)

3.096

2021

yearly

1980 - 2021

Congo, Republic of (%)

3.431

2021

yearly

1980 - 2021

Costa Rica (%)

2.971

2021

yearly

1980 - 2021

Croatia (%)

4.948

2021

yearly

1993 - 2021

Cyprus (%)

5.594

2021

yearly

1980 - 2021

Czech Republic (%)

7.501

2021

yearly

1996 - 2021

Congo, Democratic Republic of (%)

3.542

2021

yearly

1980 - 2021

Denmark (%)

6.000

2021

yearly

1980 - 2021

Djibouti (%)

8.500

2021

yearly

1992 - 2021

Dominica (%)

3.442

2021

yearly

1980 - 2021

Dominican Republic (%)

4.000

2021

yearly

1980 - 2021

Ecuador (%)

3.862

2021

yearly

1980 - 2021

Egypt (%)

2.000

2021

yearly

1980 - 2021

El Salvador (%)

4.460

2021

yearly

1980 - 2021

Equatorial Guinea (%)

2.255

2021

yearly

1980 - 2021

Eritrea (%)

5.851

2021

yearly

1993 - 2021

Estonia (%)

7.874

2021

yearly

1994 - 2021

Eswatini (%)

1.806

2021

yearly

1980 - 2021

Ethiopia (%)

4.334

2021

yearly

1980 - 2021

Fiji (%)

7.000

2021

yearly

1980 - 2021

Finland (%)

3.096

2021

yearly

1980 - 2021

France (%)

7.333

2021

yearly

1980 - 2021

Gabon (%)

3.568

2021

yearly

1981 - 2021

Gambia (%)

6.480

2021

yearly

1980 - 2021

Georgia (%)

3.000

2021

yearly

1995 - 2021

Germany (%)

5.390

2021

yearly

1980 - 2021

Ghana (%)

5.868

2021

yearly

1980 - 2021

Greece (%)

5.064

2021

yearly

1980 - 2021

Grenada (%)

6.096

2021

yearly

1980 - 2021

Guatemala (%)

5.456

2021

yearly

1980 - 2021

Guinea (%)

7.610

2021

yearly

1980 - 2021

Guinea-Bissau (%)

3.000

2021

yearly

1981 - 2021

Guyana (%)

6.251

2021

yearly

1980 - 2021

Haiti (%)

1.200

2021

yearly

1980 - 2021

Honduras (%)

4.050

2021

yearly

1980 - 2021

Hong Kong SAR, China (%)

3.909

2021

yearly

1980 - 2021

Hungary (%)

4.200

2021

yearly

1980 - 2021

Iceland (%)

6.048

2021

yearly

1980 - 2021

India (%)

6.042

2021

yearly

1980 - 2021

Indonesia (%)

6.100

2021

yearly

1980 - 2021

Iran (%)

3.100

2021

yearly

1980 - 2021

Iraq (%)

7.195

2021

yearly

1999 - 2021

Ireland (%)

6.274

2021

yearly

1980 - 2021

Israel (%)

4.978

2021

yearly

1980 - 2021

Italy (%)

6.258

2021

yearly

1980 - 2021

Ivory Coast (%)

8.700

2021

yearly

1980 - 2021

Jamaica (%)

3.501

2021

yearly

1980 - 2021

Japan (%)

2.394

2021

yearly

1980 - 2021

Jordan (%)

3.656

2021

yearly

1980 - 2021

Kazakhstan (%)

3.000

2021

yearly

1993 - 2021

Kenya (%)

6.133

2021

yearly

1980 - 2021

Kiribati (%)

2.216

2021

yearly

1980 - 2021

South Korea (%)

3.000

2021

yearly

1980 - 2021

Kosovo (%)

7.500

2021

yearly

2001 - 2021

Kuwait (%)

3.437

2021

yearly

1980 - 2021

Kyrgyzstan (%)

7.985

2021

yearly

1993 - 2021

Laos (%)

5.601

2021

yearly

1980 - 2021

Latvia (%)

8.285

2021

yearly

1993 - 2021

Lebanon (%)

-12.019

2020

yearly

1980 - 2020

Lesotho (%)

5.122

2021

yearly

1980 - 2021

Liberia (%)

4.025

2021

yearly

2001 - 2021

Libya (%)

80.656

2021

yearly

1980 - 2021

Lithuania (%)

8.155

2021

yearly

1996 - 2021

Luxembourg (%)

4.846

2021

yearly

1980 - 2021

Macau SAR, China (%)

32.017

2021

yearly

2002 - 2021

North Macedonia (%)

7.000

2021

yearly

1993 - 2021

Madagascar (%)

5.014

2021

yearly

1980 - 2021

Malawi (%)

2.500

2021

yearly

1980 - 2021

Malaysia (%)

6.300

2021

yearly

1980 - 2021

Maldives (%)

13.200

2021

yearly

1980 - 2021

Mali (%)

4.133

2021

yearly

1980 - 2021

Malta (%)

7.018

2021

yearly

2001 - 2021

Marshall Islands (%)

3.190

2021

yearly

1998 - 2021

Mauritania (%)

4.180

2021

yearly

1992 - 2021

Mauritius (%)

5.900

2021

yearly

1980 - 2021

Mexico (%)

3.299

2021

yearly

1980 - 2021

Micronesia (%)

1.385

2021

yearly

1996 - 2021

Moldova (%)

4.100

2021

yearly

1993 - 2021

Mongolia (%)

8.000

2021

yearly

1980 - 2021

Montenegro (%)

6.472

2021

yearly

2001 - 2021

Morocco (%)

4.777

2021

yearly

1980 - 2021

Mozambique (%)

4.700

2021

yearly

1980 - 2021

Myanmar (%)

7.510

2023

yearly

1998 - 2023

Namibia (%)

3.196

2021

yearly

1991 - 2021

Nepal (%)

4.975

2021

yearly

1980 - 2021

Netherlands (%)

5.000

2021

yearly

1981 - 2021

New Zealand (%)

5.941

2021

yearly

1980 - 2021

Nicaragua (%)

0.000

2021

yearly

1980 - 2021

Niger (%)

8.113

2021

yearly

1980 - 2021

Nigeria (%)

2.623

2021

yearly

1991 - 2021

Norway (%)

2.949

2021

yearly

1980 - 2021

Oman (%)

2.972

2021

yearly

1980 - 2021

Pakistan (%)

1.000

2021

yearly

1980 - 2021

Palau (%)

14.440

2021

yearly

2001 - 2021

Panama (%)

4.027

2021

yearly

1980 - 2021

Papua New Guinea (%)

2.919

2021

yearly

1980 - 2021

Paraguay (%)

4.000

2021

yearly

1980 - 2021

Peru (%)

5.247

2021

yearly

1980 - 2021

Philippines (%)

6.800

2021

yearly

1980 - 2021

Poland (%)

4.200

2021

yearly

1980 - 2021

Portugal (%)

5.000

2021

yearly

1980 - 2021

Qatar (%)

5.037

2021

yearly

1980 - 2021

Romania (%)

3.900

2021

yearly

1980 - 2021

Russia (%)

4.127

2021

yearly

1993 - 2021

Rwanda (%)

6.650

2021

yearly

1980 - 2021

Saint Kitts and Nevis (%)

8.550

2021

yearly

1980 - 2021

Saint Lucia (%)

6.852

2021

yearly

1980 - 2021

Saint Vincent and the Grenadines (%)

5.354

2021

yearly

1980 - 2021

Samoa (%)

0.500

2021

yearly

1980 - 2021

San Marino (%)

5.400

2021

yearly

1998 - 2021

Sao Tome and Principe (%)

5.500

2021

yearly

1980 - 2021

Saudi Arabia (%)

3.087

2021

yearly

1980 - 2021

Senegal (%)

5.488

2021

yearly

1980 - 2021

Serbia (%)

7.474

2021

yearly

1999 - 2021

Seychelles (%)

8.031

2021

yearly

1980 - 2021

Sierra Leone (%)

3.995

2021

yearly

1980 - 2021

Singapore (%)

2.962

2021

yearly

1980 - 2021

Slovakia (%)

4.963

2021

yearly

1994 - 2021

Slovenia (%)

5.448

2021

yearly

1993 - 2021

Solomon Islands (%)

3.767

2021

yearly

1980 - 2021

South Africa (%)

3.496

2021

yearly

1980 - 2021

Spain (%)

6.314

2021

yearly

1980 - 2021

Sri Lanka (%)

4.188

2021

yearly

1980 - 2021

Sudan (%)

-3.036

2021

yearly

1980 - 2021

Suriname (%)

4.900

2021

yearly

1980 - 2021

Sweden (%)

5.168

2021

yearly

1980 - 2021

Switzerland (%)

3.777

2021

yearly

1980 - 2021

Syria (%)

3.440

2010

yearly

1980 - 2010

Taiwan (%)

3.547

2021

yearly

1980 - 2021

Tajikistan (%)

5.500

2021

yearly

1993 - 2021

Tanzania (%)

4.558

2021

yearly

1980 - 2021

Thailand (%)

5.000

2021

yearly

1980 - 2021

Timor-Leste (%)

3.800

2021

yearly

2001 - 2021

Togo (%)

4.000

2021

yearly

1980 - 2021

Tonga (%)

1.198

2021

yearly

1980 - 2021

Trinidad and Tobago (%)

2.602

2021

yearly

1980 - 2021

Tunisia (%)

4.087

2021

yearly

1980 - 2021

Turkey (%)

5.000

2021

yearly

1980 - 2021

Turkmenistan (%)

6.376

2021

yearly

1993 - 2021

Tuvalu (%)

3.537

2021

yearly

2001 - 2021

Uganda (%)

4.254

2021

yearly

1980 - 2021

Ukraine (%)

3.565

2021

yearly

1993 - 2021

United Arab Emirates (%)

3.273

2021

yearly

1980 - 2021

United Kingdom (%)

6.320

2021

yearly

1980 - 2021

United States (%)

4.464

2021

yearly

1980 - 2021

Uruguay (%)

5.000

2021

yearly

1980 - 2021

Uzbekistan (%)

7.000

2021

yearly

1993 - 2021

Vanuatu (%)

4.855

2021

yearly

1980 - 2021

Venezuela (%)

-5.000

2021

yearly

1980 - 2021

Vietnam (%)

7.000

2021

yearly

1980 - 2021

Yemen (%)

6.101

2021

yearly

1991 - 2021

Zambia (%)

2.349

2021

yearly

1980 - 2021

Zimbabwe (%)

2.516

2021

yearly

1999 - 2021

Venezuela Key Series

Buy this table Includes All Indicators: series Instant access to full history data in excel
All Indicators
National Accounts
Production
Government and Public Finance
Demographic and Labour Market
Domestic Trade and Household Survey
Inflation
Foreign Trade
Balance of Payments
Monetary
Banking Statistics
Interest and Foreign Exchange Rates
Energy
Tourism
Financial Market
Transport and Telecommunications
National Accounts Last Frequency Range
Nominal GDP (USD mn)

20,139,533.8

2017

yearly

1995 - 2017

Real GDP Growth (%)

-26.8

Mar 2019

quarterly

Mar 1998 - Mar 2019

Nominal GDP Growth (%)

615.154

2017

yearly

1998 - 2017

GDP per Capita (USD)

684,960.377

2017

yearly

1960 - 2017

GDP Deflator Growth (%)

748.1

2017

yearly

1998 - 2017

Private Consumption Expenditure (USD mn)

20,232,283.931

2017

yearly

1964 - 2017

Private Consumption: % of GDP (%)

100.5

2017

yearly

1950 - 2017

Public Consumption Expenditure (USD mn)

1,812,251.289

2017

yearly

1964 - 2017

Public Consumption: % of GDP (%)

9.0

2017

yearly

1950 - 2017

Investment: % of GDP (%)

-3.7

2017

yearly

1950 - 2017

Gross Fixed Capital Formation (USD mn)

3,315,395.379

2017

yearly

1995 - 2017

Gross National Product (USD mn)

17,922,461.992

2017

yearly

1960 - 2017

Gross Savings Rate (%)

-17.8

2017

yearly

1970 - 2017

Forecast: GDP PPP Per Capita (PPP Intl $)

10,797.621

2018

yearly

1980 - 2018

Forecast: Nominal GDP Per Capita (USD)

2,409.427

2021

yearly

1980 - 2021

Forecast: Real GDP Growth (%)

-5.000

2021

yearly

1980 - 2021

Total Trade of Goods & Services: % of Nominal GDP (%)

67.150

2017

yearly

1950 - 2017

Production Last Frequency Range
Industrial Production Index Growth (%)

-20.6

Jan 2019

monthly

Jan 1998 - Jan 2019

Minerals Production (Metric Ton)

108,127,409.000

2018

yearly

2009 - 2018

Gold Production (kg)

480.000

2017

yearly

1990 - 2017

Motor Vehicle Production (Unit)

2,850.000

Dec 2016

semiannually

Dec 2001 - Dec 2016

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%)

-4.9

2012

yearly

1998 - 2012

National Government Debt (USD mn)

105,131.7

2016

yearly

1996 - 2016

Government Debt: % of GDP (%)

3.5

2016

yearly

1997 - 2016

Forecast: Government Expenditure (VES bn)

707.873

2018

yearly

2004 - 2018

Forecast: Government Net Debt (VES bn)

3,719.390

2018

yearly

2003 - 2018

Forecast: Government Revenue (VES bn)

84.962

2018

yearly

2004 - 2018

Central Government: Revenue (VEF th)

14,509,020.430

Sep 2010

monthly

Jan 1998 - Sep 2010

Central Government: Total Expenditure (VEF th)

16,709,455.438

Sep 2010

monthly

Jan 1998 - Sep 2010

Central Government: Total Expenditure: Current (VEF th)

14,273,749.052

Sep 2010

monthly

Jan 1998 - Sep 2010

Central Government: Capital Expenditure (VEF th)

2,245,157.870

Sep 2010

monthly

Jan 1998 - Sep 2010

Central Government: Net Lending (VEF th)

99,366.220

Sep 2010

monthly

Jan 1998 - Sep 2010

Central Government: Financial Deficit/Surplus (VEF th)

-2,299,801.227

Sep 2010

monthly

Jan 1998 - Sep 2010

Public Debt: Total (USD mn)

148,707.289

2016

yearly

1996 - 2016

Public Debt: Domestic: Total (USD mn)

101,945.968

2016

yearly

1996 - 2016

Public Debt: External (USD mn)

46,761.321

2016

yearly

1996 - 2016

Demographic and Labour Market Last Frequency Range
Labour Force Participation Rate (%)

67.9

Dec 2018

monthly

Jan 1999 - Dec 2018

Employed Persons (Person)

15,011,108.000

Dec 2018

monthly

Jan 1999 - Dec 2018

Unemployment Rate (%)

6.35

Dec 2018

monthly

Jan 1999 - Dec 2018

Labour Productivity Growth (%)

-32.37

2019

yearly

1992 - 2019

Forecast: Population (Person mn)

24.770

2021

yearly

1980 - 2021

Forecast: Employment (Person mn)

0.000

yearly

-

Forecast: Unemployment Rate (%)

35.543

2018

yearly

1999 - 2018

Population: Projection (Person)

32,605,423.000

2020

yearly

1990 - 2020

Labour Force (Person)

23,618,830.000

Dec 2018

monthly

Jan 1999 - Dec 2018

Labour Force: Male: Employment (Person)

8,611,300.000

Dec 2018

monthly

Jan 1999 - Dec 2018

Labour Force: Female (Person)

11,903,437.000

Dec 2018

monthly

Jan 1999 - Dec 2018

Labour Force: Female: Employment (Person)

6,399,808.000

Dec 2018

monthly

Jan 1999 - Dec 2018

Labour Force: Employment (Person)

15,011,108.000

Dec 2018

monthly

Jan 1999 - Dec 2018

Labour Force: Male (Person)

11,715,393.000

Dec 2018

monthly

Jan 1999 - Dec 2018

Unemployment (Person)

1,018,421.000

Dec 2018

monthly

Jan 1999 - Dec 2018

Unemployment: Female (Person)

452,277.000

Dec 2018

monthly

Jan 1999 - Dec 2018

Unemployment: Male (Person)

566,144.000

Dec 2018

monthly

Jan 1999 - Dec 2018

Domestic Trade and Household Survey Last Frequency Range
Retail Sales Growth (%)

-53.5

Jan 2019

monthly

Jan 2005 - Jan 2019

Motor Vehicles Sales (Unit)

279

May 2017

monthly

Jan 2007 - May 2017

Motor Vehicles Sales Growth (%)

10.3

May 2017

monthly

Jan 2008 - May 2017

Motor Vehicle Sales: Commercial Cars (Unit)

1,500.000

Dec 2019

semiannually

Dec 2005 - Dec 2019

Motor Vehicle Sales: Passenger Cars (Unit)

3,000.000

Dec 2019

semiannually

Dec 2005 - Dec 2019

Inflation Last Frequency Range
Consumer Price Index CPI Growth (%)

2,358.5

Jul 2020

monthly

Dec 2008 - Jul 2020

Core CPI Change (%)

60.337

Dec 2013

monthly

Dec 2008 - Dec 2013

CPI: Food and Non Alcoholic Beverage Change (%)

2,239.905

Jul 2020

monthly

Jan 2009 - Jul 2020

Producer Price Index Growth (%)

258,323.1

Jan 2019

monthly

Jan 1998 - Jan 2019

Forecast: Consumer Price Index Growth (%)

15,000.000

2021

yearly

1980 - 2021

Consumer Price Index: Health (Dec2007=100)

55,724,881,315.100

Jul 2020

monthly

Jan 2008 - Jul 2020

Consumer Price Index: Transport (Dec2007=100)

49,792,451,854.400

Jul 2020

monthly

Jan 2008 - Jul 2020

Consumer Price Index: Education Services (Dec2007=100)

19,912,257,939.400

Jul 2020

monthly

Jan 2008 - Jul 2020

Consumer Price Index: Restaurants and Hotels (Dec2007=100)

87,256,775,777.200

Jul 2020

monthly

Jan 2008 - Jul 2020

Consumer Price Index (Dec2007=100)

63,408,630,581.900

Jul 2020

monthly

Dec 2007 - Jul 2020

Consumer Price Index: Core (Dec2007=100)

542.900

Dec 2013

monthly

Dec 2007 - Dec 2013

Consumer Price Index: Food and Nonalcoholic Beverages (Dec2007=100)

216,457,768,884.200

Jul 2020

monthly

Jan 2008 - Jul 2020

Consumer Price Index: Clothes and Footwear (Dec2007=100)

11,503,893,084.800

Jul 2020

monthly

Jan 2008 - Jul 2020

Natural Gas: Sales Price (USD/1000 Cub ft)

0.810

2016

yearly

1996 - 2016

Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%)

-1.184

2021

yearly

1983 - 2021

Trade Balance (USD mn)

-3,437.1

Oct 2014

monthly

Jan 1994 - Oct 2014

Total Exports (USD mn)

196.9

Oct 2014

monthly

Jan 1994 - Oct 2014

Total Exports Growth (%)

37.5

Oct 2014

monthly

Jan 1995 - Oct 2014

Aluminum: Exports (USD th)

62,702.126

2019

yearly

1995 - 2019

Exports: Medicament (USD th)

3,555.738

2019

yearly

1995 - 2019

Exports: Medicinal and Pharmaceutical Product (USD th)

7,029.993

2019

yearly

1995 - 2019

Total Imports (USD mn)

3,634.0

Oct 2014

monthly

Jan 1994 - Oct 2014

Total Imports Growth (%)

-12.8

Oct 2014

monthly

Jan 1995 - Oct 2014

Imports: Medicament (USD th)

262,897.729

2019

yearly

1995 - 2019

Imports: Medicinal and Pharmaceutical Product (USD th)

103,512.207

2019

yearly

1995 - 2019

Total Exports to USA (USD mn)

8.622

May 2020

monthly

Jan 1981 - May 2020

Total Imports from USA (USD mn)

59.248

May 2020

monthly

Jan 1981 - May 2020

Total Exports to China (USD mn)

24.422

May 2020

monthly

Jan 2000 - May 2020

Total Imports from China (USD mn)

109.960

May 2020

monthly

Jan 2000 - May 2020

Annual: Trade Balance (USD mn)

-43,051.031

2013

yearly

1994 - 2013

Exports: ytd: Colombia (USD mn)

240.059

Oct 2014

monthly

Jan 1998 - Oct 2014

Exports: ytd: Ecuador (USD mn)

8.988

Oct 2014

monthly

Jan 1998 - Oct 2014

Exports: ytd: Mexico (USD mn)

31.886

Oct 2014

monthly

Jan 1998 - Oct 2014

Exports: ytd: Netherlands (USD mn)

210.219

Oct 2014

monthly

Jan 1998 - Oct 2014

Exports: ytd: United States (USD mn)

647.531

Oct 2014

monthly

Jan 1998 - Oct 2014

Exports: ytd: Mineral Product (USD mn)

577.323

Oct 2014

monthly

Jan 1998 - Oct 2014

Exports: ytd: Chemical Product (USD mn)

1,016.192

Oct 2014

monthly

Jan 1998 - Oct 2014

Exports: ytd: Metal (USD mn)

227.068

Oct 2014

monthly

Jan 1998 - Oct 2014

Exports: ytd: Electrical Equipment (USD mn)

19.331

Oct 2014

monthly

Jan 1998 - Oct 2014

Exports: ytd: Transportation (USD mn)

143.917

Oct 2014

monthly

Jan 1998 - Oct 2014

Imports: ytd: Brazil (USD mn)

3,405.413

Oct 2014

monthly

Jan 1998 - Oct 2014

Imports: ytd: China (USD mn)

4,614.360

Oct 2014

monthly

Jan 1998 - Oct 2014

Imports: ytd: Colombia (USD mn)

1,758.351

Oct 2014

monthly

Jan 1998 - Oct 2014

Imports: ytd: Germany (USD mn)

862.891

Oct 2014

monthly

Jan 1998 - Oct 2014

Imports: ytd: Agricultural (Vegetal) (USD mn)

4,399.031

Oct 2014

monthly

Jan 1998 - Oct 2014

Imports: ytd: United States (USD mn)

7,699.659

Oct 2014

monthly

Jan 1998 - Oct 2014

Imports: ytd: Food, Beverages and Tobacco (USD mn)

2,281.712

Oct 2014

monthly

Jan 1998 - Oct 2014

Imports: ytd: Paper (USD mn)

610.290

Oct 2014

monthly

Jan 1998 - Oct 2014

Imports: ytd: Plastic and Manufacturing Product (USD mn)

1,562.038

Oct 2014

monthly

Jan 1998 - Oct 2014

Imports: ytd: Mineral (USD mn)

1,074.772

Oct 2014

monthly

Jan 1998 - Oct 2014

Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn)

234.0

Mar 2019

quarterly

Mar 1994 - Mar 2019

Current Account Balance (USD mn)

2,533.0

Mar 2019

quarterly

Mar 1994 - Mar 2019

Current Account Balance: % of GDP (%)

0.0

2017

yearly

1970 - 2017

Foreign Direct Investment (USD mn)

105.0

Mar 2019

quarterly

Mar 1994 - Mar 2019

Foreign Direct Investment: % of GDP (%)

-0.0

2017

yearly

1970 - 2017

Foreign Portfolio Investment: Equity Securities (USD mn)

0.0

Mar 2019

quarterly

Mar 1997 - Mar 2019

Foreign Portfolio Investment: % of GDP (%)

-0.0

2017

yearly

1997 - 2017

Foreign Portfolio Investment (USD mn)

581.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

Foreign Portfolio Investment: Debt Securities (USD mn)

581.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

External Debt (USD mn)

110,159.0

Mar 2019

quarterly

Mar 1997 - Mar 2019

External Debt: % of GDP (%)

0.6

2017

yearly

1997 - 2017

External Debt: Short Term (USD mn)

44,489.0

Mar 2019

quarterly

Mar 1997 - Mar 2019

External Debt: Short Term: % of GDP (%)

0.2

2017

yearly

1997 - 2017

Forecast: Current Account Balance (USD bn)

2.075

2021

yearly

1980 - 2021

Net International Investment Position (USD mn)

110,721.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

Balance of Payments: Financial Account: Portfolio Investment (USD mn)

585.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

Balance of Payments: Current Account: Goods (USD mn)

5,680.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

Balance of Payments: Current Account: Income (USD mn)

-1,975.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

Balance of Payments: Capital Account (USD mn)

0.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

Balance of Payments: Financial Account (USD mn)

-1,617.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

Balance of Payments: Financial Account: Direct Investment (USD mn)

-129.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

Balance of Payments: Financial Account: Portfolio Investment: Assets (USD mn)

4.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

Balance of Payments: Financial Account: Portfolio Investment: Liabilities (USD mn)

581.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

Balance of Payments: Financial Account: Other Investment (USD mn)

-2,073.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

Balance of Payments: Net Errors and Omissions (USD mn)

-620.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

Balance of Payments: Reserves: Assets (USD mn)

-325.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

Balance of Payments: Current Account: Services (USD mn)

-1,663.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

International Investment Position (IIP) (USD mn)

110,721.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

IIP: Liabilities (USD mn)

110,250.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

External Debt: Private: Total (USD mn)

18,645.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

External Debt: Long Term (LT) (USD mn)

65,670.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

External Debt: Public: Total (USD mn)

91,514.000

Mar 2019

quarterly

Mar 1997 - Mar 2019

Monetary Last Frequency Range
Non Performing Loans Ratio (%)

0.3

Jul 2018

monthly

Jan 2004 - Jul 2018

Household Debt: % of GDP (%)

3.4

2017

yearly

2004 - 2017

Non-Performing Loans (USD mn)

14.665

Jul 2020

monthly

Jan 2004 - Jul 2020

Money Supply M1 (USD mn)

660.131

Aug 2020

monthly

Jan 1996 - Aug 2020

Money Supply M2 (USD mn)

661.667

Aug 2020

monthly

Jan 1996 - Aug 2020

M2 Growth (%)

1,387.4

Aug 2020

monthly

Jan 1997 - Aug 2020

Reserve Requirement Ratio (%)

93.0

Aug 2020

monthly

Jan 2004 - Aug 2020

Foreign Exchange Reserves (USD mn)

3,330.0

Aug 2019

monthly

Jan 1962 - Aug 2019

Foreign Exchange Reserves: % of GDP (%)

0.009

2017

yearly

1995 - 2017

Foreign Exchange Reserves: Months of Import (NA)

0.5

Oct 2014

monthly

Jan 1994 - Oct 2014

Gold Reserves (USD mn)

6,764.000

Jun 2018

monthly

Dec 1950 - Jun 2018

Total Deposits Growth (%)

1,755.2

Jul 2020

monthly

Jan 2006 - Jul 2020

Total Deposits (USD mn)

89.419

Jul 2020

monthly

Jan 2005 - Jul 2020

Domestic Credit (USD mn)

279,935.0

Aug 2014

monthly

Jan 1966 - Aug 2014

Domestic Credit Growth (%)

70.2

Aug 2014

monthly

Jan 1967 - Aug 2014

Household Debt (USD mn)

11.5

Jul 2020

monthly

Jan 2004 - Jul 2020

Total Loans (USD mn)

194.912

Jul 2020

monthly

Jan 2004 - Jul 2020

Total Loans Growth (%)

1,242.02

Jul 2020

monthly

Jan 2005 - Jul 2020

Private Debt: % of Nominal GDP (%)

39.51

2014

yearly

1960 - 2014

International Reserve: Total (USD mn)

6,565.000

Aug 2020

monthly

Jan 1996 - Aug 2020

Banking Statistics Last Frequency Range
Liquid Assets Ratio (%)

18.5

Jul 2020

monthly

Jan 2005 - Jul 2020

Interest and Foreign Exchange Rates Last Frequency Range
Bank Lending Rate (% pa)

33.595

17 Sep 2020

daily

02 Jan 2004 - 17 Sep 2020

Exchange Rate against USD (VES/USD)

287,999.050

Aug 2020

monthly

Jan 1957 - Aug 2020

Short Term Interest Rate (% pa)

343.59

Aug 2020

monthly

Jan 1998 - Aug 2020

Long Term Interest Rate (% pa)

13.66

Sep 2018

monthly

Jan 1999 - Sep 2018

Real Effective Exchange Rate (2005=100)

0.8

Feb 2019

monthly

Jan 1994 - Feb 2019

Foreign Exchange Rate: Euro (VES/EUR)

0.00

Aug 2018

monthly

Aug 2018 - Aug 2018

Foreign Exchange Rate: DICOM: Ask: Euro (VES/USD)

70.86

Aug 2018

monthly

Aug 2018 - Aug 2018

Weighted Average Nominal Interest Rate: 6 Main Commercial and Universal Banks: L... (% pa)

38.510

Aug 2020

monthly

Jan 1990 - Aug 2020

Weighted Average Nominal Interest Rate: 6 Main Commercial and Universal Banks: S... (% pa)

21.000

Aug 2020

monthly

Jan 1991 - Aug 2020

BCV: Maximum Mortgage Rate: High (% pa)

10.660

Jul 2014

monthly

Aug 2005 - Jul 2014

Real Effective Exchange Rate Index: BIS: 2010=100: Broad (2010=100)

0.680

Feb 2019

monthly

Jan 1994 - Feb 2019

Energy Last Frequency Range
Electricity Production (GWh)

10,886

Dec 2012

monthly

Jan 2003 - Dec 2012

Natural Gas Production: OPEC: Marketed Production (Cub m mn)

20,559.000

2019

yearly

1960 - 2019

Natural Gas: Imports (Cub m mn)

0.000

2019

yearly

1975 - 2019

Natural Gas: Consumption (Cub ft/Day bn)

2.560

2019

yearly

1965 - 2019

Crude Oil: Production (Barrel/Day th)

340.000

Aug 2020

monthly

Jan 2002 - Aug 2020

Crude Oil: Exports (Barrel/Day th)

846.575

2019

yearly

1980 - 2019

Oil Consumption (Barrel/Day th)

355.767

2019

yearly

1965 - 2019

Coal Production (TOE mn)

0.165

2018

yearly

1981 - 2018

Coal Consumption (TOE mn)

0.101

2018

yearly

1965 - 2018

Tourism Last Frequency Range
Visitor Arrivals (Person)

427,000

2017

yearly

1995 - 2017

Visitor Arrivals Growth (%)

-29.0

2017

yearly

1996 - 2017

Tourism Revenue (USD mn)

546

2016

yearly

1995 - 2016

Tourism Revenue Growth (%)

-16.5

2016

yearly

1996 - 2016

Tourist Arrival: International (Person)

109,314.000

Dec 2013

monthly

Jan 1998 - Dec 2013

Tourist Arrival: International: North America: United States (Person)

70,457.000

2013

yearly

2005 - 2013

Tourist Arrival: International: South America: Argentina (Person)

58,434.000

2013

yearly

2005 - 2013

Tourist Arrival: International: Southern Europe: Spain (Person)

61,157.000

2013

yearly

2005 - 2013

Tourist Arrival: International: Southern Europe: Italy (Person)

49,917.000

2013

yearly

2005 - 2013

Tourist Arrival: International: Western Europe: Germany (Person)

28,363.000

2013

yearly

2005 - 2013

Tourist Departure: Monthly (Person)

216,498.000

Dec 2013

monthly

Jan 1998 - Dec 2013

Tourist Departure: United States (Person)

346,387.000

2013

yearly

2005 - 2013

Tourist Departure: Colombia (Person)

171,983.000

2013

yearly

2005 - 2013

Tourist Departure: Spain (Person)

202,279.000

2013

yearly

2005 - 2013

Tourist Departure: Italy (Person)

93,384.000

2013

yearly

2005 - 2013

Tourist Departure: Peru (Person)

101,015.000

2013

yearly

2005 - 2013

Financial Market Last Frequency Range
Equity Market Index (31Dec1993=1)

475,677.0

Oct 2018

monthly

Jan 1994 - Oct 2018

Market Capitalization: % of GDP (%)

2.6

2008

yearly

1991 - 2008

Caracas Stock Exchange: General Index (27Aug1997=0.001)

818.180

Nov 2018

monthly

Nov 2018 - Nov 2018

Transport and Telecommunications Last Frequency Range
Motor Vehicle Registered (Unit th)

4,510.000

2015

yearly

2005 - 2015

Container Port Throughput (TEU)

370,800.000

2018

yearly

2008 - 2018

Liner Shipping Connectivity Index (2004=100)

9.760

2018

yearly

2004 - 2018

Number of Subscriber Fixed Line (Unit)

5,467,044.000

2019

yearly

1960 - 2019

Number of Subscriber Mobile (Person)

16,558,617.000

2019

yearly

1960 - 2019

Teledensity: Fixed Line (Number)

19.172

2019

yearly

1960 - 2019

Teledensity: Mobile (Number)

58.068

2019

yearly

1960 - 2019

Exports: ICT Goods (USD th)

1,256.193

2013

yearly

2000 - 2013

Exports: Telecommunication Equipment (USD th)

4,846.046

2019

yearly

1995 - 2019

Exports: Television (USD th)

371.589

2019

yearly

1995 - 2019

Imports: ICT Goods (USD th)

1,883,761.564

2013

yearly

2000 - 2013

Imports: Telecommunication Equipment (USD th)

147,853.726

2019

yearly

1995 - 2019

Imports: Television (USD th)

28,281.279

2019

yearly

1995 - 2019

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