Venezuela Forecast: Unemployment Rate

1999 - 2018 | Yearly | % | International Monetary Fund

Buy this data Includes Venezuela Demographic and Labour Market: series Instant access to full history data in excel

Venezuela’s Unemployment Rate is forecasted to be 35.543 % in Dec 2018 as reported by International Monetary Fund. It records an increase from the last reported number of 35.543 % in Dec 2018. Looking ahead, Venezuela’s Unemployment Rate is projected to stand at 35.543 % in Dec 2018. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate.

What is Venezuela's Forecast: Unemployment Rate in 2018?

Last Previous Min Max Unit Frequency Range

35.543

% 2018 yearly 1999 - 2018

27.886

% 2017 yearly 1999 - 2018

6.700

2014

35.543

2018

%

yearly

1999 - 2018

Updated on 15 Oct 2020

Forecast: Unemployment Rate by Country Comparison

Buy this table Includes Forecast: Unemployment Rate 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 (%)

0.000

yearly

-

Albania (%)

11.000

2025

yearly

1980 - 2025

Algeria (%)

18.064

2025

yearly

1980 - 2025

Angola (%)

0.000

yearly

-

Antigua and Barbuda (%)

0.000

yearly

-

Argentina (%)

9.150

2025

yearly

1980 - 2025

Armenia (%)

20.705

2025

yearly

2001 - 2025

Aruba (%)

7.458

2021

yearly

1998 - 2021

Australia (%)

5.423

2025

yearly

1980 - 2025

Austria (%)

4.500

2025

yearly

1980 - 2025

Azerbaijan (%)

5.501

2025

yearly

2000 - 2025

Bahamas (%)

15.268

2025

yearly

1986 - 2025

Bahrain (%)

3.749

2025

yearly

2007 - 2025

Bangladesh (%)

0.000

yearly

-

Barbados (%)

10.863

2025

yearly

1981 - 2025

Belarus (%)

0.504

2025

yearly

1991 - 2025

Belgium (%)

5.636

2025

yearly

1980 - 2025

Belize (%)

17.753

2025

yearly

1990 - 2025

Benin (%)

0.000

yearly

-

Bhutan (%)

3.138

2017

yearly

2003 - 2017

Bolivia (%)

4.000

2025

yearly

2000 - 2025

Bosnia and Herzegovina (%)

14.500

2025

yearly

1995 - 2025

Botswana (%)

0.000

yearly

-

Brazil (%)

10.820

2025

yearly

1991 - 2025

Brunei (%)

6.822

2025

yearly

2011 - 2025

Bulgaria (%)

4.200

2025

yearly

1989 - 2025

Burkina Faso (%)

0.000

yearly

-

Burundi (%)

0.000

yearly

-

Cambodia (%)

0.000

yearly

-

Cameroon (%)

0.000

yearly

-

Canada (%)

6.513

2025

yearly

1980 - 2025

Cape Verde (%)

8.500

2025

yearly

1980 - 2025

Central African Republic (%)

0.000

yearly

-

Chad (%)

0.000

yearly

-

Chile (%)

7.075

2025

yearly

1980 - 2025

China (%)

3.510

2025

yearly

1980 - 2025

Colombia (%)

11.744

2025

yearly

1980 - 2025

Comoros (%)

0.000

yearly

-

Congo, Republic of (%)

0.000

yearly

-

Costa Rica (%)

9.500

2025

yearly

1980 - 2025

Croatia (%)

7.147

2025

yearly

1991 - 2025

Cyprus (%)

5.143

2025

yearly

1982 - 2025

Czech Republic (%)

2.800

2025

yearly

1995 - 2025

Congo, Democratic Republic of (%)

0.000

yearly

-

Denmark (%)

5.600

2025

yearly

1980 - 2025

Djibouti (%)

0.000

yearly

-

Dominica (%)

0.000

yearly

-

Dominican Republic (%)

5.500

2025

yearly

1991 - 2025

Ecuador (%)

4.125

2025

yearly

1988 - 2025

Egypt (%)

8.983

2025

yearly

1990 - 2025

El Salvador (%)

7.000

2025

yearly

1988 - 2025

Equatorial Guinea (%)

0.000

yearly

-

Eritrea (%)

0.000

yearly

-

Estonia (%)

4.966

2025

yearly

1993 - 2025

Eswatini (%)

25.000

2016

yearly

1995 - 2016

Ethiopia (%)

0.000

yearly

-

Fiji (%)

4.369

2025

yearly

1986 - 2025

Finland (%)

6.540

2025

yearly

1980 - 2025

France (%)

8.466

2025

yearly

1980 - 2025

Gabon (%)

0.000

yearly

-

Gambia (%)

0.000

yearly

-

Georgia (%)

11.600

2019

yearly

1996 - 2019

Germany (%)

3.363

2025

yearly

1980 - 2025

Ghana (%)

0.000

yearly

-

Greece (%)

12.664

2025

yearly

1980 - 2025

Grenada (%)

0.000

yearly

-

Guatemala (%)

0.000

yearly

-

Guinea (%)

0.000

yearly

-

Guinea-Bissau (%)

0.000

yearly

-

Guyana (%)

0.000

yearly

-

Haiti (%)

0.000

yearly

-

Honduras (%)

4.529

2025

yearly

1980 - 2025

Hong Kong SAR, China (%)

3.745

2025

yearly

1980 - 2025

Hungary (%)

3.400

2025

yearly

1980 - 2025

Iceland (%)

4.000

2025

yearly

1980 - 2025

India (%)

0.000

yearly

-

Indonesia (%)

5.300

2025

yearly

1984 - 2025

Iran (%)

15.303

2025

yearly

1990 - 2025

Iraq (%)

0.000

yearly

-

Ireland (%)

5.349

2025

yearly

1985 - 2025

Israel (%)

4.700

2025

yearly

1980 - 2025

Italy (%)

10.200

2025

yearly

1980 - 2025

Ivory Coast (%)

0.000

yearly

-

Jamaica (%)

7.700

2019

yearly

1980 - 2019

Japan (%)

2.333

2025

yearly

1980 - 2025

Jordan (%)

19.075

2019

yearly

1984 - 2019

Kazakhstan (%)

4.779

2025

yearly

1994 - 2025

Kenya (%)

0.000

yearly

-

Kiribati (%)

0.000

yearly

-

South Korea (%)

3.800

2025

yearly

1980 - 2025

Kosovo (%)

25.700

2019

yearly

2012 - 2019

Kuwait (%)

1.087

2018

yearly

1981 - 2018

Kyrgyzstan (%)

6.605

2025

yearly

1994 - 2025

Laos (%)

0.000

yearly

-

Latvia (%)

6.986

2025

yearly

1992 - 2025

Lebanon (%)

0.000

yearly

-

Lesotho (%)

0.000

2015

yearly

2000 - 2015

Liberia (%)

0.000

yearly

-

Libya (%)

0.000

yearly

-

Lithuania (%)

5.600

2025

yearly

1999 - 2025

Luxembourg (%)

6.002

2025

yearly

1980 - 2025

Macau SAR, China (%)

1.735

2025

yearly

2001 - 2025

North Macedonia (%)

15.352

2025

yearly

1996 - 2025

Madagascar (%)

3.600

2012

yearly

2000 - 2012

Malawi (%)

0.000

yearly

-

Malaysia (%)

3.300

2025

yearly

1985 - 2025

Maldives (%)

0.000

yearly

-

Mali (%)

0.000

yearly

-

Malta (%)

4.000

2025

yearly

1983 - 2025

Marshall Islands (%)

0.000

yearly

-

Mauritania (%)

0.000

yearly

-

Mauritius (%)

7.300

2025

yearly

1982 - 2025

Mexico (%)

4.035

2025

yearly

1980 - 2025

Micronesia (%)

0.000

yearly

-

Moldova (%)

3.000

2025

yearly

1993 - 2025

Mongolia (%)

7.086

2025

yearly

2007 - 2025

Montenegro (%)

11.000

2015

yearly

2003 - 2015

Morocco (%)

8.500

2025

yearly

1995 - 2025

Mozambique (%)

0.000

yearly

-

Myanmar (%)

4.000

2021

yearly

1998 - 2021

Namibia (%)

0.000

yearly

-

Nepal (%)

0.000

yearly

-

Netherlands (%)

4.000

2025

yearly

1980 - 2025

New Zealand (%)

5.019

2025

yearly

1980 - 2025

Nicaragua (%)

6.355

2025

yearly

1980 - 2025

Niger (%)

0.000

yearly

-

Nigeria (%)

22.562

2018

yearly

2010 - 2018

Norway (%)

3.800

2025

yearly

1980 - 2025

Oman (%)

0.000

yearly

-

Pakistan (%)

5.047

2025

yearly

1983 - 2025

Palau (%)

0.000

yearly

-

Panama (%)

8.812

2025

yearly

1980 - 2025

Papua New Guinea (%)

0.000

yearly

-

Paraguay (%)

5.770

2025

yearly

1983 - 2025

Peru (%)

6.500

2025

yearly

1980 - 2025

Philippines (%)

5.075

2025

yearly

1985 - 2025

Poland (%)

4.485

2025

yearly

1990 - 2025

Portugal (%)

6.015

2025

yearly

1980 - 2025

Puerto Rico (%)

12.500

2021

yearly

1980 - 2021

Qatar (%)

0.000

yearly

-

Romania (%)

5.500

2025

yearly

1985 - 2025

Russia (%)

4.600

2025

yearly

1992 - 2025

Rwanda (%)

0.000

yearly

-

Saint Kitts and Nevis (%)

0.000

yearly

-

Saint Lucia (%)

0.000

yearly

-

Saint Vincent and the Grenadines (%)

0.000

yearly

-

Samoa (%)

0.000

yearly

-

San Marino (%)

8.399

2025

yearly

2001 - 2025

Sao Tome and Principe (%)

13.472

2017

yearly

1980 - 2017

Saudi Arabia (%)

5.625

2019

yearly

1999 - 2019

Senegal (%)

0.000

yearly

-

Serbia (%)

11.630

2025

yearly

1997 - 2025

Seychelles (%)

3.000

2025

yearly

1995 - 2025

Sierra Leone (%)

0.000

yearly

-

Singapore (%)

2.100

2025

yearly

1980 - 2025

Slovakia (%)

6.579

2025

yearly

1993 - 2025

Slovenia (%)

4.600

2025

yearly

1992 - 2025

Solomon Islands (%)

0.000

yearly

-

South Africa (%)

37.494

2025

yearly

1980 - 2025

Spain (%)

14.247

2025

yearly

1980 - 2025

Sri Lanka (%)

4.400

2025

yearly

1990 - 2025

Sudan (%)

18.600

2025

yearly

1981 - 2025

Suriname (%)

9.254

2025

yearly

1994 - 2025

Sweden (%)

7.200

2025

yearly

1980 - 2025

Switzerland (%)

3.000

2025

yearly

1980 - 2025

Syria (%)

8.613

2010

yearly

1997 - 2010

Taiwan (%)

3.800

2025

yearly

1980 - 2025

Tajikistan (%)

2.492

2011

yearly

1999 - 2011

Tanzania (%)

0.000

yearly

-

Thailand (%)

1.000

2025

yearly

2001 - 2025

Timor-Leste (%)

0.000

yearly

-

Togo (%)

0.000

yearly

-

Tonga (%)

0.000

yearly

-

Trinidad and Tobago (%)

4.067

2018

yearly

1981 - 2018

Tunisia (%)

14.889

2019

yearly

1990 - 2019

Turkey (%)

8.504

2025

yearly

1980 - 2025

Turkmenistan (%)

0.000

yearly

-

Tuvalu (%)

0.000

yearly

-

Uganda (%)

0.000

yearly

-

Ukraine (%)

7.964

2025

yearly

1995 - 2025

United Arab Emirates (%)

0.000

yearly

-

United Kingdom (%)

4.200

2025

yearly

1980 - 2025

United States (%)

4.431

2025

yearly

1980 - 2025

Uruguay (%)

7.979

2025

yearly

1983 - 2025

Uzbekistan (%)

0.200

2018

yearly

1993 - 2018

Vanuatu (%)

0.000

yearly

-

Venezuela (%)

35.543

2018

yearly

1999 - 2018

Vietnam (%)

2.300

2025

yearly

1990 - 2025

Yemen (%)

0.000

yearly

-

Zambia (%)

0.000

yearly

-

Zimbabwe (%)

0.000

yearly

-

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 (GNP) (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 $)

7,344.079

2019

yearly

1980 - 2019

Forecast: Nominal GDP Per Capita (USD)

1,544.036

2022

yearly

1980 - 2022

Forecast: Real GDP Growth (%)

-5.000

2022

yearly

1980 - 2022

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

2016

yearly

1999 - 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)

29,364.241

2019

yearly

2004 - 2019

Forecast: Government Net Debt (VES bn)

320,039.192

2019

yearly

2003 - 2019

Forecast: Government Revenue (VES bn)

15,616.769

2019

yearly

2004 - 2019

Demographic and Labour Market Last Frequency Range
Population (Person mn)

32.6

2020

yearly

1950 - 2020

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)

26.917

2022

yearly

1980 - 2022

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: Female (Person)

11,903,437.000

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 (%)

1,813.1

Sep 2020

monthly

Dec 2008 - Sep 2020

Core CPI Change (%)

60.337

Dec 2013

monthly

Dec 2008 - Dec 2013

CPI: Food and Non Alcoholic Beverage Change (%)

1,692.538

Sep 2020

monthly

Jan 2009 - Sep 2020

Producer Price Index Growth (%)

258,323.1

Jan 2019

monthly

Jan 1998 - Jan 2019

Forecast: Consumer Price Index Growth (%)

6,500.000

2022

yearly

1980 - 2022

Consumer Price Index: Health (Dec2007=100)

93,479,471,303.800

Sep 2020

monthly

Jan 2008 - Sep 2020

Consumer Price Index: Transport (Dec2007=100)

79,988,086,540.400

Sep 2020

monthly

Jan 2008 - Sep 2020

Consumer Price Index: Education Services (Dec2007=100)

30,829,347,905.500

Sep 2020

monthly

Jan 2008 - Sep 2020

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

154,438,873,859.000

Sep 2020

monthly

Jan 2008 - Sep 2020

Consumer Price Index (Dec2007=100)

101,126,220,212.800

Sep 2020

monthly

Dec 2007 - Sep 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)

341,008,778,146.800

Sep 2020

monthly

Jan 2008 - Sep 2020

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

18,167,104,394.100

Sep 2020

monthly

Jan 2008 - Sep 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 (%)

-4.289

2022

yearly

1983 - 2022

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)

3,713.628

2019

yearly

1995 - 2019

Exports: Medicinal and Pharmaceutical Product (USD th)

7,301.376

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)

263,092.957

2019

yearly

1995 - 2019

Imports: Medicinal and Pharmaceutical Product (USD th)

103,351.637

2019

yearly

1995 - 2019

Total Exports to USA (USD mn)

9.542

Jul 2020

monthly

Jan 1981 - Jul 2020

Total Imports from USA (USD mn)

88.507

Aug 2020

monthly

Jan 1981 - Aug 2020

Total Exports to China (USD mn)

28.508

Jul 2020

monthly

Jan 2000 - Jul 2020

Total Imports from China (USD mn)

167.766

Jul 2020

monthly

Jan 2000 - Jul 2020

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)

-1.892

2022

yearly

1980 - 2022

Net International Investment Position (USD mn)

110,721.000

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: Current Account: Income (USD mn)

-1,975.000

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: Financial Account: Direct Investment (USD mn)

-129.000

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: 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: Assets (USD mn)

220,971.000

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

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)

609.877

Oct 2020

monthly

Jan 1996 - Oct 2020

Money Supply M2 (USD mn)

611.080

Oct 2020

monthly

Jan 1996 - Oct 2020

M2 Growth (%)

1,111.0

Oct 2020

monthly

Jan 1997 - Oct 2020

Reserve Requirement Ratio (%)

93.0

Oct 2020

monthly

Jan 2004 - Oct 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)

6,429.000

Oct 2020

monthly

Jan 1996 - Oct 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)

34.521

18 Nov 2020

daily

02 Jan 2004 - 18 Nov 2020

Exchange Rate against USD (VES/USD)

454,160.670

Oct 2020

monthly

Jan 1957 - Oct 2020

Short Term Interest Rate (% pa)

119.19

Sep 2020

monthly

Jan 1998 - Sep 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)

38.761

Sep 2020

monthly

Jan 1990 - Sep 2020

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

21.000

Sep 2020

monthly

Jan 1991 - Sep 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)

367.000

Oct 2020

monthly

Jan 2002 - Oct 2020

Crude Oil: Exports (Barrel/Day th)

846.575

2019

yearly

1980 - 2019

Crude Oil: Imports (Barrel/Day th)

4.302

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 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)

179,529.000

2019

yearly

2008 - 2019

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)

5,057.833

2019

yearly

1995 - 2019

Exports: Television (USD th)

386.744

2019

yearly

1995 - 2019

Imports: ICT Goods (USD th)

1,883,761.564

2013

yearly

2000 - 2013

Imports: Telecommunication Equipment (USD th)

147,568.183

2019

yearly

1995 - 2019

Imports: Television (USD th)

28,227.171

2019

yearly

1995 - 2019

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