Reserves and related items in Venezuela
Venezuela: Reserves and related items was -6.35 billion BoP, current US$ in 2016. ◆ Volatile
Reserves and related items in Venezuela, 1970–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Venezuela recorded -6.35 billion BoP, current US$ for reserves and related items in 2016.
That represents a change of down 42.0% on the previous year and down 229.5% over ten years.
Over the whole period, reserves and related items in Venezuela peaked at 9.45 billion BoP, current US$ in 2008 and was at its lowest, -10.81 billion BoP, current US$, in 2009.
That places Venezuela 187th out of 194 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.48 billion BoP, current US$ | -1.06 billion BoP, current US$ | 4.47 billion BoP, current US$ | 10 |
| 1980s | -903.57 million BoP, current US$ | -8.16 billion BoP, current US$ | 3.85 billion BoP, current US$ | 10 |
| 1990s | 896.00 million BoP, current US$ | -3.41 billion BoP, current US$ | 6.24 billion BoP, current US$ | 10 |
| 2000s | 1.09 billion BoP, current US$ | -10.81 billion BoP, current US$ | 9.45 billion BoP, current US$ | 10 |
| 2010s | -4.09 billion BoP, current US$ | -7.94 billion BoP, current US$ | -609.10 million BoP, current US$ | 7 |
Countries ranked near Venezuela
- 184 South Korea -4.53 billion BoP, current US$ compare
- 185 Kazakhstan -5.37 billion BoP, current US$ compare
- 186 Philippines -5.66 billion BoP, current US$ compare
- 188 Argentina -7.22 billion BoP, current US$ compare
- 189 Indonesia -7.85 billion BoP, current US$ compare
- 190 Vietnam -9.13 billion BoP, current US$ compare
More economy & growth data for Venezuela
- Services, value added 0 current LCU (2011)
- Exports of goods and services 14.85 billion current US$ (2025)
- 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 -0.4% (2014)
- Exports of goods and services 14.9% (2025)
- Gross fixed capital formation -5.1% (2025)
- Gross fixed capital formation 2.15 billion constant 2015 US$ (2025)
- Gross fixed capital formation 754.41 billion current LCU (2025)
Frequently asked questions
- What is reserves and related items in Venezuela?
- Reserves and related items in Venezuela was -6.35 billion BoP, current US$ in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest reserves and related items recorded in Venezuela?
- The highest recorded value was 9.45 billion BoP, current US$ in 2008.
- What is the lowest reserves and related items recorded in Venezuela?
- The lowest recorded value was -10.81 billion BoP, current US$ in 2009.
- How does Venezuela rank for reserves and related items?
- Venezuela ranks 187th out of 194 countries with data for 2016.
- Is reserves and related items rising or falling in Venezuela?
- Over the last ten years it is down 229.5%. 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 Reserves and related items (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency.Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. 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.