External balance on goods and services in Venezuela
Venezuela: External balance on goods and services was 4.78 billion current US$ in 2025. ◆ Volatile
External balance on goods and services in Venezuela, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for external balance on goods and services in Venezuela is 4.78 billion current US$, measured in 2025.
The figure is down 45.2% on the previous year and down 81.9% over ten years.
Over the whole period, external balance on goods and services in Venezuela peaked at 49.00 billion current US$ in 2014 and was at its lowest, -5.40 billion current US$, in 2013.
That places Venezuela 45th out of 192 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 986.21 million current US$ | 473.11 million current US$ | 1.62 billion current US$ | 10 |
| 1970s | 487.48 million current US$ | -5.18 billion current US$ | 6.37 billion current US$ | 10 |
| 1980s | 2.14 billion current US$ | -3.89 billion current US$ | 6.53 billion current US$ | 10 |
| 1990s | 906.20 million current US$ | 0 current US$ | 9.06 billion current US$ | 10 |
| 2000s | 0 current US$ | 0 current US$ | 0 current US$ | 10 |
| 2010s | 21.06 billion current US$ | -5.40 billion current US$ | 49.00 billion current US$ | 10 |
| 2020s | 4.47 billion current US$ | -34.13 million current US$ | 8.72 billion current US$ | 6 |
Countries ranked near Venezuela
More economy & growth data for Venezuela
- DEC alternative conversion factor 165.46 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 996.97 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.03 billion current US$ (2025)
- Taxes less subsidies on products 0 current LCU (2011)
- Taxes less subsidies on products 0 current US$ (2011)
- Net primary income (Net income from abroad) -264.73 billion current LCU (2025)
- Net primary income (Net income from abroad) -1.60 billion current US$ (2025)
- GNI per capita 568,963 current LCU (2025)
- GNI per capita, Atlas method 3,860 current US$ (2025)
- GNI 16.23 trillion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Venezuela?
- External balance on goods and services in Venezuela was 4.78 billion current US$ 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 49.00 billion current US$ in 2014.
- What is the lowest external balance on goods and services recorded in Venezuela?
- The lowest recorded value was -5.40 billion current US$ in 2013.
- How does Venezuela rank for external balance on goods and services?
- Venezuela ranks 45th out of 192 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 81.9%. The long-run trend across the full record is volatile.
- 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 (current US$). Statizoid updates them automatically from the source API.
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About this data
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.