Annual growth of exports of goods and services (%) in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Annual growth of exports of goods and services (%) was 13.5% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Venezuela (Bolivarian Republic of), 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of exports of goods and services in Venezuela (Bolivarian Republic of) stood at 13.5%.
The figure is down 17.9% on the previous year and up 390.3% over ten years.
Over the whole period, annual growth of exports of goods and services in Venezuela (Bolivarian Republic of) peaked at 31.5% in 2022 and was at its lowest, -59.6%, in 2020.
That places Venezuela (Bolivarian Republic of) 33rd out of 186 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services (%) in Venezuela (Bolivarian Republic of), year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.8% | — |
| 2001 | -3.5% | -160.9% |
| 2002 | -4.0% | +11.6% |
| 2003 | -10.4% | +162.2% |
| 2004 | 13.7% | -231.8% |
| 2005 | 3.8% | -72.5% |
| 2006 | -3.0% | -180.0% |
| 2007 | -7.6% | +150.3% |
| 2008 | -1.0% | -87.0% |
| 2009 | -13.7% | +1291.3% |
| 2010 | -12.9% | -5.9% |
| 2011 | 4.7% | -136.2% |
| 2012 | 1.6% | -65.8% |
| 2013 | -6.2% | -487.0% |
| 2014 | -4.7% | -24.5% |
| 2015 | -0.9% | -81.5% |
| 2016 | -11.7% | +1259.8% |
| 2017 | -0.0% | -99.6% |
| 2018 | -10.8% | +24457.3% |
| 2019 | -11.5% | +6.5% |
| 2020 | -59.6% | +418.3% |
| 2021 | -37.3% | -37.4% |
| 2022 | 31.5% | -184.4% |
| 2023 | 16.5% | -47.7% |
| 2024 | 13.5% | -17.9% |
Biggest year-on-year movements
Years where Annual growth of exports of goods and services (%) in Venezuela (Bolivarian Republic of) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | -24457.3% | -0.0% | -10.8% |
| 2009 | -1291.3% | -1.0% | -13.7% |
| 2016 | -1259.8% | -0.9% | -11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.0% | -13.7% | 13.7% | 10 |
| 2010s | -5.2% | -12.9% | 4.7% | 10 |
| 2020s | -7.1% | -59.6% | 31.5% | 5 |
Countries ranked near Venezuela (Bolivarian Republic of)
More economy & growth data for Venezuela (Bolivarian Republic of)
- Gross Domestic Product — Value Standard Local Currency 1.97 million million SLC (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 71.24 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 33.82 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 62.95 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 27.34 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, annual growth 62.93 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 27.32 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth -35.55 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 -50 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate -4.86 % change on previous year (2024)
Frequently asked questions
- What is annual growth of exports of goods and services in Venezuela (Bolivarian Republic of)?
- Annual growth of exports of goods and services in Venezuela (Bolivarian Republic of) was 13.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 31.5% in 2022.
- What is the lowest annual growth of exports of goods and services recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was -59.6% in 2020.
- How does Venezuela (Bolivarian Republic of) rank for annual growth of exports of goods and services?
- Venezuela (Bolivarian Republic of) ranks 33rd out of 186 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Venezuela (Bolivarian Republic of)?
- Over the last ten years it is up 390.3%. The long-run trend across the full record is volatile.
- Where does this Venezuela (Bolivarian Republic of) data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
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