External balance on goods and services in Venezuela

Venezuela: External balance on goods and services was -1.38 billion constant LCU in 2025. ▼ Falling

Latest (2025)
-1.38 billion constant LCU
Change on year
up 36.3%
World rank
75th
of 161 countries
All-time high
-11.16 million constant LCU
in 2020
All-time low
-2.17 billion constant LCU
in 2024
Years of data
6
2020–2025

External balance on goods and services in Venezuela, 2020–2025

-2.0B-1.5B-1.0B-500.0M02020202220252020: -11.2M constant LCU2021: -1.6B constant LCU2022: -1.6B constant LCU2023: -1.9B constant LCU2024: -2.2B constant LCU2025: -1.4B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2025, external balance on goods and services in Venezuela stood at -1.38 billion constant LCU.

The figure is up 36.3% on the previous year and down 12,293.5% over ten years.

Venezuela ranks 75th of 161 countries on this measure, in the middle of the range.

Countries ranked near Venezuela

  1. 72 Sudan -1.14 billion constant LCU compare
  2. 73 East Timor -1.15 billion constant LCU compare
  3. 74 Estonia -1.22 billion constant LCU compare
  4. 76 Latvia -1.60 billion constant LCU compare
  5. 78 Montenegro -2.05 billion constant LCU compare

See the full ranking of 161 places →

More economy & growth data for Venezuela

All data for Venezuela →

Frequently asked questions

What is external balance on goods and services in Venezuela?
External balance on goods and services in Venezuela was -1.38 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest external balance on goods and services recorded in Venezuela?
The highest recorded value was -11.16 million constant LCU in 2020.
What is the lowest external balance on goods and services recorded in Venezuela?
The lowest recorded value was -2.17 billion constant LCU in 2024.
How does Venezuela rank for external balance on goods and services?
Venezuela ranks 75th out of 161 countries with data for 2025.
Is external balance on goods and services rising or falling in Venezuela?
Over the last ten years it is down 12,293.5%. The long-run trend across the full record is falling.
Where does this Venezuela data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
External balance on goods and services (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
161 places, 3,197 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.