Net secondary income in Venezuela
Venezuela: Net secondary income was 174.00 million BoP, current US$ in 2016. ◆ Volatile
Net secondary income in Venezuela, 1970–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2016, net secondary income in Venezuela stood at 174.00 million BoP, current US$. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 212.3% on the previous year and up 323.1% over ten years.
Over the whole period, net secondary income in Venezuela peaked at 174.00 million BoP, current US$ in 2016 and was at its lowest, -1.22 billion BoP, current US$, in 2013.
Venezuela ranks 109th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -208.20 million BoP, current US$ | -407.00 million BoP, current US$ | -83.00 million BoP, current US$ | 10 |
| 1980s | -258.30 million BoP, current US$ | -639.00 million BoP, current US$ | -91.00 million BoP, current US$ | 10 |
| 1990s | -161.00 million BoP, current US$ | -374.00 million BoP, current US$ | 138.00 million BoP, current US$ | 10 |
| 2000s | -299.00 million BoP, current US$ | -933.00 million BoP, current US$ | 20.00 million BoP, current US$ | 10 |
| 2010s | -587.14 million BoP, current US$ | -1.22 billion BoP, current US$ | 174.00 million BoP, current US$ | 7 |
Countries ranked near Venezuela
- 106 Faroe Islands 202.96 million BoP, current US$ compare
- 107 Tonga 201.37 million BoP, current US$ compare
- 108 Chad 190.97 million BoP, current US$ compare
- 110 Suriname 160.06 million BoP, current US$ compare
- 111 Guinea-Bissau 152.44 million BoP, current US$ compare
- 112 Belize 149.91 million 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 secondary income in Venezuela?
- Net secondary income in Venezuela was 174.00 million BoP, current US$ in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Venezuela?
- The highest recorded value was 174.00 million BoP, current US$ in 2016.
- What is the lowest net secondary income recorded in Venezuela?
- The lowest recorded value was -1.22 billion BoP, current US$ in 2013.
- How does Venezuela rank for net secondary income?
- Venezuela ranks 109th out of 199 countries with data for 2016.
- Is net secondary income rising or falling in Venezuela?
- Over the last ten years it is up 323.1%. 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 secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.