Venezuela - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in Venezuela was $25,810,000,000 as of 2016. Over the past 46 years, the value for this indicator has fluctuated between $85,345,000,000 in 2012 and $2,238,000,000 in 1970.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

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

See also:

Year Value
1970 $2,238,000,000
1971 $2,490,000,000
1972 $2,887,000,000
1973 $3,374,000,000
1974 $5,019,000,000
1975 $7,108,000,000
1976 $9,405,000,000
1977 $13,149,000,000
1978 $15,169,000,000
1979 $14,199,000,000
1980 $15,130,000,000
1981 $17,103,000,000
1982 $19,634,000,000
1983 $9,090,000,000
1984 $9,878,000,000
1985 $9,543,999,000
1986 $10,014,000,000
1987 $11,108,000,000
1988 $14,943,000,000
1989 $9,276,000,000
1990 $9,451,000,000
1991 $13,690,000,000
1992 $17,143,000,000
1993 $16,029,000,000
1994 $13,152,000,000
1995 $16,905,000,000
1996 $14,779,000,000
1997 $18,839,000,000
1998 $20,827,000,000
1999 $18,683,000,000
2000 $21,300,000,000
2001 $23,892,000,000
2002 $17,282,000,000
2003 $13,995,000,000
2004 $21,518,000,000
2005 $29,347,000,000
2006 $39,537,000,000
2007 $58,374,000,000
2008 $64,443,000,000
2009 $54,932,000,000
2010 $56,038,000,000
2011 $69,433,000,000
2012 $85,345,000,000
2013 $76,436,000,000
2014 $64,251,000,000
2015 $47,102,000,000
2016 $25,810,000,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Venezuela was $151,446,000,000 as of 2014. Over the past 54 years, the value for this indicator has fluctuated between $151,446,000,000 in 2014 and $1,387,242,000 in 1961.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $1,411,788,000
1961 $1,387,242,000
1962 $1,512,394,000
1963 $1,480,818,000
1964 $1,456,909,000
1965 $1,612,822,000
1966 $1,505,289,000
1967 $1,612,822,000
1968 $1,956,889,000
1969 $2,042,889,000
1970 $2,171,911,000
1971 $2,463,205,000
1972 $2,793,091,000
1973 $3,263,140,000
1974 $4,838,442,000
1975 $6,863,837,000
1976 $9,069,256,000
1977 $12,692,460,000
1978 $14,650,350,000
1979 $13,727,670,000
1980 $14,627,840,000
1981 $16,518,210,000
1982 $18,971,190,000
1983 $8,799,209,000
1984 $10,533,140,000
1985 $10,466,520,000
1986 $11,902,570,000
1987 $10,598,120,000
1988 $15,910,260,000
1989 $8,882,179,000
1990 $9,492,175,000
1991 $13,572,170,000
1992 $16,897,190,000
1993 $15,798,850,000
1994 $12,606,010,000
1995 $16,341,610,000
1996 $14,558,790,000
1997 $18,873,580,000
1998 $20,712,920,000
1999 $18,770,920,000
2000 $21,217,700,000
2001 $23,850,300,000
2002 $16,852,880,000
2003 $13,984,390,000
2004 $21,556,300,000
2005 $29,783,970,000
2006 $40,634,710,000
2007 $57,748,930,000
2008 $66,373,410,000
2009 $67,439,630,000
2010 $69,227,360,000
2011 $62,331,510,000
2012 $92,395,390,000
2013 $109,494,000,000
2014 $151,446,000,000

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in Venezuela was 951,719,000,000 as of 2014. As the graph below shows, over the past 54 years this indicator reached a maximum value of 951,719,000,000 in 2014 and a minimum value of 4,577,900 in 1961.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 4,658,900
1961 4,577,900
1962 4,990,900
1963 4,886,700
1964 6,410,400
1965 7,257,700
1966 6,773,800
1967 7,257,700
1968 8,806,000
1969 9,193,000
1970 9,773,600
1971 10,838,100
1972 12,289,600
1973 14,031,500
1974 20,805,300
1975 29,514,500
1976 38,997,800
1977 54,577,600
1978 62,996,500
1979 59,029,000
1980 62,899,700
1981 71,028,300
1982 81,576,100
1983 37,836,600
1984 73,732,000
1985 78,498,900
1986 96,410,800
1987 153,672,700
1988 230,698,800
1989 308,211,600
1990 445,183,000
1991 770,899,000
1992 1,155,768,000
1993 1,434,536,000
1994 1,871,993,000
1995 2,889,196,000
1996 6,075,385,000
1997 9,221,632,000
1998 11,342,390,000
1999 11,369,550,000
2000 14,428,040,000
2001 17,260,460,000
2002 19,564,510,000
2003 22,447,750,000
2004 40,769,440,000
2005 62,242,550,000
2006 87,242,730,000
2007 123,987,000,000
2008 142,344,000,000
2009 144,631,000,000
2010 179,029,000,000
2011 267,359,000,000
2012 396,312,000,000
2013 662,811,000,000
2014 951,719,000,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Venezuela was -18.53 as of 2014. As the graph below shows, over the past 40 years this indicator reached a maximum value of 57.67 in 2004 and a minimum value of -52.80 in 1983.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1974 -27.79
1975 30.07
1976 34.15
1977 28.98
1978 -3.74
1979 -22.61
1980 -1.09
1981 11.54
1982 16.63
1983 -52.80
1984 54.34
1985 -3.70
1986 -0.39
1987 8.49
1988 15.02
1989 -29.44
1990 -5.66
1991 49.62
1992 26.24
1993 -6.53
1994 -18.47
1995 23.88
1996 -11.23
1997 52.02
1998 11.27
1999 -9.33
2000 12.40
2001 14.11
2002 -25.22
2003 -20.88
2004 57.67
2005 35.16
2006 34.75
2007 33.01
2008 1.36
2009 -19.56
2010 -2.89
2011 15.39
2012 24.40
2013 -9.69
2014 -18.53

Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Venezuela was 22,549,600,000 as of 2014. As the graph below shows, over the past 41 years this indicator reached a maximum value of 30,648,110,000 in 2012 and a minimum value of 3,061,014,000 in 1974.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1973 4,239,097,000
1974 3,061,014,000
1975 3,981,412,000
1976 5,341,088,000
1977 6,889,026,000
1978 6,631,037,000
1979 5,131,907,000
1980 5,076,124,000
1981 5,661,830,000
1982 6,603,145,000
1983 3,116,796,000
1984 4,810,395,000
1985 4,632,313,000
1986 4,614,184,000
1987 5,006,048,000
1988 5,757,706,000
1989 4,062,922,000
1990 3,832,892,000
1991 5,734,696,000
1992 7,239,334,000
1993 6,766,376,000
1994 5,516,311,000
1995 6,833,523,000
1996 6,066,108,000
1997 9,221,632,000
1998 10,261,100,000
1999 9,303,643,000
2000 10,457,230,000
2001 11,932,500,000
2002 8,923,537,000
2003 7,059,953,000
2004 11,131,210,000
2005 15,044,890,000
2006 20,273,320,000
2007 26,964,790,000
2008 27,331,990,000
2009 21,986,580,000
2010 21,350,990,000
2011 24,637,620,000
2012 30,648,110,000
2013 27,679,130,000
2014 22,549,600,000

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Venezuela was 31.40 as of 2014. Its highest value over the past 54 years was 37.26 in 1978, while its lowest value was 13.03 in 1983.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 18.15
1961 16.94
1962 16.90
1963 15.18
1964 17.99
1965 19.14
1966 17.14
1967 17.44
1968 19.50
1969 19.86
1970 18.79
1971 18.97
1972 19.98
1973 19.15
1974 18.54
1975 24.99
1976 28.87
1977 35.05
1978 37.26
1979 28.42
1980 24.74
1981 24.90
1982 28.01
1983 13.03
1984 17.55
1985 16.89
1986 19.71
1987 22.07
1988 26.42
1989 20.41
1990 19.53
1991 25.38
1992 27.97
1993 26.30
1994 21.58
1995 21.11
1996 20.64
1997 21.99
1998 22.68
1999 19.16
2000 18.11
2001 19.41
2002 18.14
2003 16.72
2004 19.17
2005 20.47
2006 22.15
2007 25.07
2008 21.01
2009 20.45
2010 17.61
2011 19.70
2012 24.23
2013 29.51
2014 31.40

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments