Venezuela - Current account balance

Current account balance (BoP, current US$)

The latest value for Current account balance (BoP, current US$) in Venezuela was ($3,870,000,000) as of 2016. Over the past 46 years, the value for this indicator has fluctuated between $31,297,000,000 in 2008 and ($16,051,000,000) in 2015.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1970 ($104,000,000)
1971 ($11,000,000)
1972 ($101,000,000)
1973 $877,000,000
1974 $5,760,000,000
1975 $2,171,000,000
1976 $254,000,000
1977 ($3,179,000,000)
1978 ($5,735,000,000)
1979 $350,000,000
1980 $4,728,000,000
1981 $4,000,000,000
1982 ($4,246,000,000)
1983 $4,427,000,000
1984 $4,651,000,000
1985 $3,327,000,000
1986 ($2,245,000,000)
1987 ($1,390,000,000)
1988 ($5,809,000,000)
1989 $2,161,000,000
1990 $8,279,000,000
1991 $1,736,000,000
1992 ($3,749,000,000)
1993 ($1,993,000,000)
1994 $2,541,000,000
1995 $2,014,000,000
1996 $8,914,000,000
1997 $3,732,000,000
1998 ($4,432,000,000)
1999 $2,112,000,000
2000 $11,853,000,000
2001 $1,983,000,000
2002 $7,599,000,000
2003 $11,796,000,000
2004 $15,519,000,000
2005 $25,447,000,000
2006 $26,462,000,000
2007 $13,464,000,000
2008 $31,297,000,000
2009 $429,000,000
2010 $5,585,000,000
2011 $16,342,000,000
2012 $2,586,000,000
2013 $4,604,000,000
2014 $4,919,000,000
2015 ($16,051,000,000)
2016 ($3,870,000,000)

Current account balance (% of GDP)

Current account balance (% of GDP) in Venezuela was 1.02 as of 2014. Its highest value over the past 44 years was 22.07 in 1974, while its lowest value was -14.59 in 1978.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1970 -0.90
1971 -0.08
1972 -0.72
1973 5.15
1974 22.07
1975 7.90
1976 0.81
1977 -8.78
1978 -14.59
1979 0.72
1980 8.00
1981 6.03
1982 -6.27
1983 6.55
1984 7.75
1985 5.37
1986 -3.72
1987 -2.89
1988 -9.65
1989 4.96
1990 17.04
1991 3.25
1992 -6.21
1993 -3.32
1994 4.35
1995 2.60
1996 12.64
1997 4.35
1998 -4.85
1999 2.16
2000 10.12
2001 1.61
2002 8.18
2003 14.11
2004 13.80
2005 17.49
2006 14.42
2007 5.84
2008 9.91
2009 0.13
2010 1.42
2011 5.16
2012 0.68
2013 1.24
2014 1.02

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments