Home> Countries/Regions> Venezuela> Venezuela Forecast: Real GDP Growth

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

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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

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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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