Personal remittances, received in Venezuela

Venezuela: Personal remittances, received was 279.00 million current US$ in 2016. ◆ Volatile

Latest (2016)
279.00 million current US$
Change on year
up 73.3%
World rank
137th
of 196 countries
All-time high
279.00 million current US$
in 2016
All-time low
1.00 million current US$
in 1985
Years of data
32
1985–2016

Personal remittances, received in Venezuela, 1985–2016

0100.0M200.0M300.0M1985200020161985: 1.0M current US$1986: 1.0M current US$1987: 1.0M current US$1988: 1.0M current US$1989: 1.0M current US$1990: 1.0M current US$1991: 2.0M current US$1992: 2.0M current US$1993: 2.0M current US$1994: 2.0M current US$1995: 2.0M current US$1996: 4.0M current US$1997: 17.0M current US$1998: 17.0M current US$1999: 17.0M current US$2000: 17.0M current US$2001: 19.0M current US$2002: 19.0M current US$2003: 208.0M current US$2004: 143.0M current US$2005: 148.0M current US$2006: 165.0M current US$2007: 151.0M current US$2008: 137.0M current US$2009: 132.0M current US$2010: 143.0M current US$2011: 138.0M current US$2012: 118.0M current US$2013: 120.0M current US$2014: 128.0M current US$2015: 161.0M current US$2016: 279.0M current US$

Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.

Analysis

The most recent figure for personal remittances, received in Venezuela is 279.00 million current US$, measured in 2016. That is the highest value across all 32 years on record.

The figure is up 73.3% on the previous year and up 69.1% over ten years.

Over the whole period, personal remittances, received in Venezuela peaked at 279.00 million current US$ in 2016 and was at its lowest, 1.00 million current US$, in 1985.

That places Venezuela 137th out of 196 countries with data for 2016, putting it 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

DecadeAverage LowestHighest Years
1980s 1.00 million current US$ 1.00 million current US$ 1.00 million current US$ 5
1990s 6.60 million current US$ 1.00 million current US$ 17.00 million current US$ 10
2000s 113.90 million current US$ 17.00 million current US$ 208.00 million current US$ 10
2010s 155.29 million current US$ 118.00 million current US$ 279.00 million current US$ 7

Countries ranked near Venezuela

  1. 134 Samoa 288.11 million current US$ compare
  2. 135 Mauritius 286.88 million current US$ compare
  3. 136 Iceland 281.53 million current US$ compare
  4. 138 Burundi 273.06 million current US$ compare
  5. 139 Mozambique 266.92 million current US$ compare
  6. 140 Tonga 253.80 million current US$ compare

See the full ranking of 243 places →

More economy & growth data for Venezuela

All data for Venezuela →

Frequently asked questions

What is personal remittances, received in Venezuela?
Personal remittances, received in Venezuela was 279.00 million current US$ in 2016, according to IMF balance of payments data, International Monetary Fund (IMF).
What is the highest personal remittances, received recorded in Venezuela?
The highest recorded value was 279.00 million current US$ in 2016.
What is the lowest personal remittances, received recorded in Venezuela?
The lowest recorded value was 1.00 million current US$ in 1985.
How does Venezuela rank for personal remittances, received?
Venezuela ranks 137th out of 196 countries with data for 2016.
Is personal remittances, received rising or falling in Venezuela?
Over the last ten years it is up 69.1%. The long-run trend across the full record is volatile.
Where does this Venezuela data come from?
The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Personal remittances, received (current US$)
Unit
current US$
Source
IMF balance of payments data, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
243 places, 9,711 data points, 1970–2025
Last refreshed

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.