Net domestic credit in Venezuela
Venezuela: Net domestic credit was 13.91 current LCU in 2013. ◆ Volatile
Net domestic credit in Venezuela, 1960–2013
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2013, net domestic credit in Venezuela stood at 13.91 current LCU. That is the highest value across all 54 years on record.
That represents a change of up 75.9% on the previous year and up 9,681.5% over ten years.
Over the whole period, net domestic credit in Venezuela peaked at 13.91 current LCU in 2013 and was at its lowest, 0 current LCU, in 1960.
That places Venezuela 184th out of 186 countries with data for 2013, putting it in the bottom 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 | 0.0001 current LCU | 0 current LCU | 0.0001 current LCU | 10 |
| 1970s | 0.0003 current LCU | 0.0001 current LCU | 0.0005 current LCU | 10 |
| 1980s | 0.0017 current LCU | 0.0007 current LCU | 0.0039 current LCU | 10 |
| 1990s | 0.0398 current LCU | 0.0066 current LCU | 0.0918 current LCU | 10 |
| 2000s | 0.7533 current LCU | 0.1059 current LCU | 2.44 current LCU | 10 |
| 2010s | 7.36 current LCU | 3.04 current LCU | 13.91 current LCU | 4 |
Countries ranked near Venezuela
- 181 Samoa 605.12 million current LCU compare
- 182 Tonga 280.57 million current LCU compare
- 183 Micronesia (country) 7.41 million current LCU compare
- 185 East Timor -198.87 million current LCU compare
- 186 Afghanistan -79.38 billion current LCU compare
More financial sector data for Venezuela
- Domestic credit to private sector 27.5% (2013)
- Claims on central government, etc. 7.3% (2013)
- Broad money 48.6% (2013)
- Monetary Sector credit to private sector 27.5% (2013)
- Net foreign assets 1.51 current LCU (2013)
- Total reserves in months of imports 3.65 (2016)
- Net migration -100,467 (2025)
- Domestic credit to private sector by banks 23.9% (2015)
- Official exchange rate 9.97 LCU per US$, period average (2017)
- Claims on central government 4.9% (2013)
Frequently asked questions
- What is net domestic credit in Venezuela?
- Net domestic credit in Venezuela was 13.91 current LCU in 2013, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Venezuela?
- The highest recorded value was 13.91 current LCU in 2013.
- What is the lowest net domestic credit recorded in Venezuela?
- The lowest recorded value was 0 current LCU in 1960.
- How does Venezuela rank for net domestic credit?
- Venezuela ranks 184th out of 186 countries with data for 2013.
- Is net domestic credit rising or falling in Venezuela?
- Over the last ten years it is up 9,681.5%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.