Venezuela Total Trade of Goods & Services: % of Nominal GDP
Key information about Venezuela Total Trade of Goods and Services: % of Nominal GDP
- Venezuela Total Trade of Goods & Services: % of Nominal GDP recorded 67.150 % in Dec 2017, compared with 59.408 % in the previous year.
- Venezuela Total Trade of Goods & Services: % of Nominal GDP data is updated yearly, available from Dec 1950 to Dec 2017, with an averaged value of 40.127 %.
- The data reached an all-time high of 99.739 % in Dec 2015 and a record low of 38.521 % in Dec 2009.
CEIC calculates annual Total Trade of Goods and Services as % of Nominal GDP from annual Total Trade of Goods and Services and annual Nominal GDP. The Central Bank of Venezuela provides Total Trade of Goods and Services in local currency and Nominal GDP in local currency, both based on SNA 1993. Total Trade of Goods and Services as % of Nominal GDP prior to 1997 is calculated from Nominal GDP and Total Trade of Goods and Services both sourced from the International Monetary Fund.
View Venezuela's Total Trade of Goods & Services: % of Nominal GDP from 1950 to 2017 in the chart:
What was Venezuela's Total Trade of Goods & Services: % of Nominal GDP in 2017?
Venezuela Total Trade of Goods & Services: % of Nominal GDP recorded 67.150 % in Dec 2017, compared with 59.408 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 67.150 2017 | 59.408 2016 | 38.521 2009 | 99.739 2015 | % | yearly | 1950 - 2017 |
Total Trade of Goods & Services: % of Nominal GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 95.333 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Algeria (%) | 40.135 2024 | yearly | 1950 - 2024 |
| Argentina (%) | 27.642 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Armenia (%) | 87.394 Dec 2025 | quarterly | Dec 1994 - Dec 2025 |
| Australia (%) | 46.409 Dec 2025 | quarterly | Sep 1959 - Dec 2025 |
| Austria (%) | 104.760 Dec 2025 | quarterly | Mar 1964 - Dec 2025 |
| Azerbaijan (%) | 78.116 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Bahrain (%) | 157.483 2024 | yearly | 1975 - 2024 |
| Bangladesh (%) | 27.951 2025 | yearly | 1960 - 2025 |
| Belarus (%) | 103.096 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Belgium (%) | 144.758 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Bolivia (%) | 42.770 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Bosnia and Herzegovina (%) | 92.005 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Botswana (%) | 68.209 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Brazil (%) | 33.615 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Brunei (%) | 122.297 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Bulgaria (%) | 92.326 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Cambodia (%) | 147.753 2022 | yearly | 1988 - 2022 |
| Canada (%) | 59.399 Sep 2025 | quarterly | Mar 1961 - Sep 2025 |
| Chile (%) | 63.491 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| China (%) | 36.166 Dec 2025 | quarterly | Mar 1998 - Dec 2025 |
| Colombia (%) | 33.904 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Croatia (%) | 107.493 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Cyprus (%) | 218.096 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Czech Republic (%) | 124.261 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Denmark (%) | 126.106 Dec 2025 | quarterly | Mar 1977 - Dec 2025 |
| Ecuador (%) | 59.811 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Egypt (%) | 59.730 Jun 2025 | quarterly | Sep 2001 - Jun 2025 |
| Estonia (%) | 152.680 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| European Union (%) | 92.842 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Finland (%) | 83.075 Dec 2025 | quarterly | Mar 1970 - Dec 2025 |
| France (%) | 66.763 Dec 2025 | quarterly | Mar 1975 - Dec 2025 |
| Georgia (%) | 101.230 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Germany (%) | 77.429 Dec 2025 | quarterly | Mar 1991 - Dec 2025 |
| Ghana (%) | 69.788 2024 | yearly | 2006 - 2024 |
| Greece (%) | 79.838 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Hong Kong SAR, China (%) | 415.687 Dec 2025 | quarterly | Mar 1973 - Dec 2025 |
| Hungary (%) | 124.577 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Iceland (%) | 79.185 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| India (%) | 46.416 Dec 2025 | quarterly | Jun 1996 - Dec 2025 |
| Indonesia (%) | 44.515 Dec 2025 | quarterly | Mar 1993 - Dec 2025 |
| Iran (%) | 49.507 2024 | yearly | 1959 - 2024 |
| Ireland (%) | 262.249 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Israel (%) | 52.203 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Italy (%) | 59.566 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Ivory Coast (%) | 49.586 2024 | yearly | 1960 - 2024 |
| Japan (%) | 43.803 Dec 2025 | quarterly | Mar 1955 - Dec 2025 |
| Jordan (%) | 90.741 2023 | yearly | 1967 - 2023 |
| Kazakhstan (%) | 57.282 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Kenya (%) | 40.186 2024 | yearly | 1964 - 2024 |
| South Korea (%) | 86.856 Dec 2025 | quarterly | Mar 1960 - Dec 2025 |
| Kosovo (%) | 116.812 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| Kuwait (%) | 93.991 2024 | yearly | 1962 - 2024 |
| Kyrgyzstan (%) | 98.747 Sep 2016 | quarterly | Mar 2000 - Sep 2016 |
| Laos (%) | 75.092 2016 | yearly | 1984 - 2016 |
| Latvia (%) | 129.057 Sep 2025 | quarterly | Mar 1992 - Sep 2025 |
| Lebanon (%) | 88.548 2023 | yearly | 1990 - 2023 |
| Lithuania (%) | 135.511 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Luxembourg (%) | 331.707 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Macau SAR, China (%) | 136.803 Dec 2025 | quarterly | Mar 1998 - Dec 2025 |
| North Macedonia (%) | 122.910 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Malawi (%) | 42.438 2023 | yearly | 1960 - 2023 |
| Malaysia (%) | 137.375 Dec 2025 | quarterly | Mar 1991 - Dec 2025 |
| Malta (%) | 216.476 Sep 2025 | quarterly | Mar 1992 - Sep 2025 |
| Mauritius (%) | 140.677 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Mexico (%) | 79.583 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| Moldova (%) | 91.718 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Mongolia (%) | 108.937 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Montenegro (%) | 99.599 Dec 2025 | quarterly | Mar 2006 - Dec 2025 |
| Morocco (%) | 96.323 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| Mozambique (%) | 95.659 2024 | yearly | 1991 - 2024 |
| Myanmar (%) | 40.754 2023 | yearly | 2018 - 2023 |
| Nepal (%) | 41.969 2025 | yearly | 1969 - 2025 |
| Netherlands (%) | 152.254 Sep 2025 | quarterly | Mar 1987 - Sep 2025 |
| New Zealand (%) | 52.825 Dec 2025 | quarterly | Jun 1987 - Dec 2025 |
| Nigeria (%) | 43.197 Dec 2024 | quarterly | Mar 2010 - Dec 2024 |
| Norway (%) | 79.296 Dec 2025 | quarterly | Mar 1978 - Dec 2025 |
| Oman (%) | 118.999 2024 | yearly | 1980 - 2024 |
| Pakistan (%) | 27.163 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 75.145 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
| Panama (%) | 83.674 2024 | yearly | 1960 - 2024 |
| Paraguay (%) | 81.441 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Peru (%) | 51.322 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Philippines (%) | 58.985 Dec 2025 | quarterly | Mar 1981 - Dec 2025 |
| Poland (%) | 90.142 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Portugal (%) | 80.037 Dec 2025 | quarterly | Mar 1977 - Dec 2025 |
| Qatar (%) | 98.917 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Romania (%) | 65.114 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Russia (%) | 33.073 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Saudi Arabia (%) | 58.909 Dec 2025 | quarterly | Mar 2003 - Dec 2025 |
| Serbia (%) | 108.286 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Singapore (%) | 316.397 Dec 2025 | quarterly | Mar 1975 - Dec 2025 |
| Slovakia (%) | 171.680 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| Slovenia (%) | 149.926 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| South Africa (%) | 59.826 Dec 2025 | quarterly | Mar 1960 - Dec 2025 |
| Spain (%) | 70.504 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Sri Lanka (%) | 42.885 Sep 2025 | quarterly | Mar 2010 - Sep 2025 |
| Sudan (%) | 41.636 2019 | yearly | 1996 - 2019 |
| Sweden (%) | 101.898 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
| Switzerland (%) | 151.170 Dec 2025 | quarterly | Mar 1980 - Dec 2025 |
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Learn more about what we doVenezuela Key Series
| 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 (VED bn) | 866.735 2024 | yearly | 2018 - 2024 |
| Forecast: Government Net Debt (VED bn) | 8,100.399 2024 | yearly | 2018 - 2024 |
| Forecast: Government Revenue (VED bn) | 689.272 2024 | yearly | 2019 - 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 14.278 2024 | yearly | 1983 - 2024 |
| 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) | 138,812.131 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 3,233.245 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 30,968.976 2024 | yearly | 1995 - 2024 |
| 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) | 582,046.303 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 537,936.988 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 272.900 Nov 2025 | monthly | Jan 1981 - Nov 2025 |
| Total Imports from USA (USD mn) | 148.790 Nov 2025 | monthly | Jan 1981 - Nov 2025 |
| Total Exports to China (USD mn) | 77.931 Nov 2025 | monthly | Jan 2000 - Nov 2025 |
| Total Imports from China (USD mn) | 520.887 Nov 2025 | monthly | Jan 2000 - Nov 2025 |
| Exports: ytd: Chemical Product (USD mn) | 1,016.192 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Mexico (USD mn) | 31.886 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Colombia (USD mn) | 240.059 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Metal (USD mn) | 227.068 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Ecuador (USD mn) | 8.988 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Electrical Equipment (USD mn) | 19.331 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: United States (USD mn) | 647.531 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Transportation (USD mn) | 143.917 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Mineral Product (USD mn) | 577.323 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Exports: ytd: Netherlands (USD mn) | 210.219 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Germany (USD mn) | 862.891 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: China (USD mn) | 4,614.360 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: United States (USD mn) | 7,699.659 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Brazil (USD mn) | 3,405.413 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: Paper (USD mn) | 610.290 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: Colombia (USD mn) | 1,758.351 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Imports: ytd: Mineral (USD mn) | 1,074.772 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
| Export Value Index (2015=100) | 9.582 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 23.312 2021 | yearly | 1980 - 2021 |
| 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 (USD mn) | 581.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| Foreign Portfolio Investment: % of GDP (%) | -0.0 2017 | yearly | 1997 - 2017 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 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) | 2.004 2026 | yearly | 1980 - 2026 |
| Net International Investment Position (USD mn) | 110,721.000 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: 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: Portfolio Investment (USD mn) | 585.000 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: Current Account: Income (USD mn) | -1,975.000 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: Financial Account: Other Investment (USD mn) | -2,073.000 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: Net Errors and Omissions (USD mn) | -620.000 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 |
| 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 |
| International Investment Position (IIP) (USD mn) | 110,721.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| External Debt: Public: Total (USD mn) | 91,514.000 Mar 2019 | quarterly | Mar 1997 - Mar 2019 |
| External Debt: Private: Total (USD mn) | 18,645.000 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) | 6.427 Mar 2023 | monthly | Jan 2004 - Mar 2023 |
| Money Supply M1 (USD mn) | 2,977.061 Jan 2026 | monthly | Jan 1996 - Jan 2026 |
| Money Supply M2 (USD mn) | 2,979.678 Jan 2026 | monthly | Jan 1996 - Jan 2026 |
| M2 Growth (%) | 478.2 Jan 2026 | monthly | Jan 1997 - Jan 2026 |
| Reserve Requirement Ratio (%) | 73.0 Feb 2026 | monthly | Jan 2004 - Feb 2026 |
| Foreign Exchange Reserves (USD mn) | 14,404.0 Feb 2026 | monthly | Dec 1961 - Feb 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 0.048 2017 | yearly | 1995 - 2017 |
| Foreign Exchange Reserves: Months of Import (NA) | 10.8 Nov 2025 | monthly | Jan 1981 - Nov 2025 |
| Gold Reserves (USD mn) | 7,653.657 Jan 2026 | monthly | Dec 1950 - Jan 2026 |
| Total Deposits (USD mn) | 159.256 Mar 2023 | monthly | Jan 2005 - Mar 2023 |
| Total Deposits Growth (%) | 344.5 Mar 2023 | monthly | Jan 2006 - Mar 2023 |
| Domestic Credit (USD mn) | 279,943.9 Aug 2014 | monthly | Jan 1966 - Aug 2014 |
| Domestic Credit Growth (%) | 70.2 Aug 2014 | monthly | Jan 1967 - Aug 2014 |
| Household Debt (USD mn) | 27.5 Mar 2023 | monthly | Jan 2004 - Mar 2023 |
| Total Loans (USD mn) | 881.730 Mar 2023 | monthly | Jan 2004 - Mar 2023 |
| Total Loans Growth (%) | 1,260.58 Mar 2023 | monthly | Jan 2005 - Mar 2023 |
| Private Debt: % of Nominal GDP (%) | 23.93 2015 | yearly | 1960 - 2015 |
| International Reserve: Total (USD mn) | 14,404.000 Feb 2026 | monthly | Jan 1996 - Feb 2026 |
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