Net financial account in Venezuela
Venezuela: Net financial account was -6.66 billion BoP, current US$ in 2016. ◆ Volatile
Net financial account in Venezuela, 1970–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Venezuela recorded -6.66 billion BoP, current US$ for net financial account in 2016.
That represents a change of up 70.1% on the previous year and down 127.5% over ten years.
Over the whole period, net financial account in Venezuela peaked at 29.39 billion BoP, current US$ in 2008 and was at its lowest, -22.28 billion BoP, current US$, in 2015.
That places Venezuela 175th out of 198 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 660.20 million BoP, current US$ | -4.20 billion BoP, current US$ | 5.29 billion BoP, current US$ | 10 |
| 1980s | 513.60 million BoP, current US$ | -6.63 billion BoP, current US$ | 4.15 billion BoP, current US$ | 10 |
| 1990s | 946.40 million BoP, current US$ | -6.09 billion BoP, current US$ | 8.02 billion BoP, current US$ | 10 |
| 2000s | 12.19 billion BoP, current US$ | -2.38 billion BoP, current US$ | 29.39 billion BoP, current US$ | 10 |
| 2010s | -1.30 billion BoP, current US$ | -22.28 billion BoP, current US$ | 14.86 billion BoP, current US$ | 7 |
Countries ranked near Venezuela
- 172 Kazakhstan -5.44 billion BoP, current US$ compare
- 173 Senegal -5.79 billion BoP, current US$ compare
- 174 Chile -6.16 billion BoP, current US$ compare
- 176 Slovakia -6.73 billion BoP, current US$ compare
- 177 Bulgaria -8.42 billion BoP, current US$ compare
- 178 Sweden -8.91 billion BoP, current US$ compare
More economy & growth data for Venezuela
- Services, value added 0 current LCU (2011)
- Exports of goods and services 2.46 trillion current LCU (2025)
- Exports of goods and services 16.32 billion constant 2015 US$ (2025)
- Exports of goods and services 4.4% (2025)
- Services, value added 31.03 billion constant LCU (2014)
- Exports of goods and services 14.9% (2025)
- Services, value added -0.4% (2014)
- Services, value added 0 current US$ (2011)
- Gross fixed capital formation -5.1% (2025)
- Gross fixed capital formation 2.15 billion constant 2015 US$ (2025)
Frequently asked questions
- What is net financial account in Venezuela?
- Net financial account in Venezuela was -6.66 billion BoP, current US$ in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Venezuela?
- The highest recorded value was 29.39 billion BoP, current US$ in 2008.
- What is the lowest net financial account recorded in Venezuela?
- The lowest recorded value was -22.28 billion BoP, current US$ in 2015.
- How does Venezuela rank for net financial account?
- Venezuela ranks 175th out of 198 countries with data for 2016.
- Is net financial account rising or falling in Venezuela?
- Over the last ten years it is down 127.5%. The long-run trend across the full record is volatile.
- 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 Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. 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.