Commercial service exports in Venezuela
Venezuela: Commercial service exports was 1.24 billion current US$ in 2016. ▲ Rising
Commercial service exports in Venezuela, 1970–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for commercial service exports in Venezuela is 1.24 billion current US$, measured in 2016.
The figure is down 19.0% on the previous year and down 14.0% over ten years.
Over the whole period, commercial service exports in Venezuela peaked at 2.03 billion current US$ in 2008 and was at its lowest, 132.00 million current US$, in 1970.
Venezuela ranks 131st of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 330.70 million current US$ | 132.00 million current US$ | 609.00 million current US$ | 10 |
| 1980s | 819.80 million current US$ | 658.00 million current US$ | 1.03 billion current US$ | 10 |
| 1990s | 1.29 billion current US$ | 1.12 billion current US$ | 1.54 billion current US$ | 10 |
| 2000s | 1.35 billion current US$ | 795.00 million current US$ | 2.03 billion current US$ | 10 |
| 2010s | 1.64 billion current US$ | 1.24 billion current US$ | 1.85 billion current US$ | 7 |
Countries ranked near Venezuela
- 128 Trinidad and Tobago 1.26 billion current US$ compare
- 129 Namibia 1.25 billion current US$ compare
- 130 San Marino 1.25 billion current US$ compare
- 132 Bolivia 1.21 billion current US$ compare
- 133 Antigua and Barbuda 1.21 billion current US$ compare
- 134 Nicaragua 1.19 billion current US$ compare
More private sector data for Venezuela
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Merchandise trade 22.5% (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Transport services 29.5% (2016)
- Computer, communications and other services 46.5% (2016)
- Commercial service imports 9.07 billion current US$ (2016)
Frequently asked questions
- What is commercial service exports in Venezuela?
- Commercial service exports in Venezuela was 1.24 billion current US$ in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service exports recorded in Venezuela?
- The highest recorded value was 2.03 billion current US$ in 2008.
- What is the lowest commercial service exports recorded in Venezuela?
- The lowest recorded value was 132.00 million current US$ in 1970.
- How does Venezuela rank for commercial service exports?
- Venezuela ranks 131st out of 198 countries with data for 2016.
- Is commercial service exports rising or falling in Venezuela?
- Over the last ten years it is down 14.0%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service exports (current US$). Statizoid updates them automatically from the source API.
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About this data
Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.