Primary income payments in Venezuela
Venezuela: Primary income payments was 7.53 billion BoP, current US$ in 2016. ◆ Volatile
Primary income payments in Venezuela, 1970–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Venezuela recorded 7.53 billion BoP, current US$ for primary income payments in 2016.
That represents a change of down 11.6% on the previous year and down 18.8% over ten years.
Over the whole period, primary income payments in Venezuela peaked at 12.88 billion BoP, current US$ in 2012 and was at its lowest, 485.00 million BoP, current US$, in 1976.
Venezuela ranks 66th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 801.30 million BoP, current US$ | 485.00 million BoP, current US$ | 1.35 billion BoP, current US$ | 10 |
| 1980s | 3.48 billion BoP, current US$ | 1.94 billion BoP, current US$ | 4.16 billion BoP, current US$ | 10 |
| 1990s | 3.72 billion BoP, current US$ | 2.77 billion BoP, current US$ | 5.01 billion BoP, current US$ | 10 |
| 2000s | 6.44 billion BoP, current US$ | 4.07 billion BoP, current US$ | 9.62 billion BoP, current US$ | 10 |
| 2010s | 9.74 billion BoP, current US$ | 7.53 billion BoP, current US$ | 12.88 billion BoP, current US$ | 7 |
Countries ranked near Venezuela
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 primary income payments in Venezuela?
- Primary income payments in Venezuela was 7.53 billion BoP, current US$ in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Venezuela?
- The highest recorded value was 12.88 billion BoP, current US$ in 2012.
- What is the lowest primary income payments recorded in Venezuela?
- The lowest recorded value was 485.00 million BoP, current US$ in 1976.
- How does Venezuela rank for primary income payments?
- Venezuela ranks 66th out of 199 countries with data for 2016.
- Is primary income payments rising or falling in Venezuela?
- Over the last ten years it is down 18.8%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.