Venezuela - Net current transfers from abroad

Net current transfers from abroad (current US$)

The latest value for Net current transfers from abroad (current US$) in Venezuela was $739,731,200 as of 2014. Over the past 49 years, the value for this indicator has fluctuated between $739,731,200 in 2014 and ($1,215,967,000) in 2013.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.

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

See also:

Year Value
1965 ($43,511,110)
1966 ($52,422,220)
1967 ($47,466,670)
1968 ($79,111,110)
1969 ($95,933,340)
1970 ($92,000,000)
1971 ($83,000,000)
1972 ($95,000,000)
1973 ($111,000,000)
1974 ($199,000,000)
1975 ($173,000,000)
1976 ($232,000,000)
1977 ($283,000,000)
1978 ($407,000,000)
1979 ($407,000,000)
1980 ($439,000,000)
1981 ($409,000,000)
1982 ($639,000,000)
1983 ($211,000,000)
1984 ($172,000,000)
1985 ($171,000,000)
1986 ($121,000,000)
1987 ($91,000,000)
1988 ($147,000,000)
1989 ($183,000,000)
1990 ($302,000,000)
1991 ($364,000,000)
1992 ($374,000,000)
1993 ($368,000,000)
1994 ($84,000,000)
1995 $109,000,000
1996 $138,000,000
1997 ($98,960,300)
1998 ($196,577,800)
1999 ($62,750,540)
2000 ($170,163,200)
2001 ($149,068,700)
2002 ($164,165,700)
2003 $17,527,410
2004 ($72,063,660)
2005 ($63,221,360)
2006 ($71,037,730)
2007 ($431,774,600)
2008 ($610,399,600)
2009 ($324,712,300)
2010 ($279,693,400)
2011 ($498,369,900)
2012 ($980,788,900)
2013 ($1,215,967,000)
2014 $739,731,200

Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in Venezuela was 4,648,619,000 as of 2014. As the graph below shows, over the past 49 years this indicator reached a maximum value of 4,648,619,000 in 2014 and a minimum value of -7,360,736,000 in 2013.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

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

Year Value
1965 -195,800
1966 -235,900
1967 -213,600
1968 -356,000
1969 -431,700
1970 -414,000
1971 -365,200
1972 -418,000
1973 -477,300
1974 -855,700
1975 -743,900
1976 -997,600
1977 -1,216,900
1978 -1,750,100
1979 -1,750,100
1980 -1,887,700
1981 -1,758,700
1982 -2,747,700
1983 -907,300
1984 -1,204,000
1985 -1,282,500
1986 -980,100
1987 -1,319,500
1988 -2,131,500
1989 -6,350,100
1990 -14,163,800
1991 -20,675,200
1992 -25,581,600
1993 -33,414,400
1994 -12,474,000
1995 19,271,200
1996 57,587,400
1997 -48,352,000
1998 -107,646,000
1999 -38,008,000
2000 -115,711,000
2001 -107,881,000
2002 -190,580,000
2003 28,135,000
2004 -136,294,000
2005 -132,120,000
2006 -152,518,000
2007 -927,020,000
2008 -1,309,063,000
2009 -696,378,000
2010 -723,315,000
2011 -2,137,658,000
2012 -4,206,898,000
2013 -7,360,736,000
2014 4,648,619,000

Net current transfers from abroad (constant LCU)

The value for Net current transfers from abroad (constant LCU) in Venezuela was -219,028,200 as of 2012. As the graph below shows, over the past 38 years this indicator reached a maximum value of 72,014,230 in 1996 and a minimum value of -251,363,800 in 2007.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.

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

Year Value
1974 -143,304,900
1975 -122,379,800
1976 -156,277,500
1977 -177,025,800
1978 -230,357,200
1979 -201,589,700
1980 -192,720,600
1981 -161,664,200
1982 -238,799,500
1983 -73,259,400
1984 -79,891,730
1985 -68,438,140
1986 -57,400,770
1987 -56,701,270
1988 -73,344,750
1989 -187,639,300
1990 -209,962,900
1991 -230,536,000
1992 -218,525,200
1993 -210,714,900
1994 -49,056,400
1995 49,434,040
1996 72,014,230
1997 -47,397,600
1998 -85,683,460
1999 -26,678,850
2000 -64,867,360
2001 -53,304,010
2002 -70,310,580
2003 9,459,618
2004 -32,416,900
2005 -26,282,170
2006 -29,799,130
2007 -251,363,800
2008 -242,025,000
2009 -138,379,800
2010 -176,499,900
2011 -207,436,400
2012 -219,028,200

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts