Annual growth of imports of goods and services in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Annual growth of imports of goods and services was 8.8% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Venezuela (Bolivarian Republic of), 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Venezuela (Bolivarian Republic of) recorded 8.8% for annual growth of imports of goods and services in 2024.
Compared with earlier readings it is down 57.7% on the previous year and up 147.5% over ten years.
Over the whole period, annual growth of imports of goods and services in Venezuela (Bolivarian Republic of) peaked at 57.7% in 2004 and was at its lowest, -52.7%, in 2020.
Venezuela (Bolivarian Republic of) ranks 43rd of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Venezuela (Bolivarian Republic of), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 12.4% | — |
| 2001 | 14.1% | +13.8% |
| 2002 | -25.2% | -278.7% |
| 2003 | -20.9% | -17.2% |
| 2004 | 57.7% | -376.1% |
| 2005 | 35.2% | -39.0% |
| 2006 | 34.8% | -1.2% |
| 2007 | 33.0% | -5.0% |
| 2008 | 1.4% | -95.9% |
| 2009 | -19.6% | -1536.1% |
| 2010 | -2.9% | -85.2% |
| 2011 | 15.4% | -632.5% |
| 2012 | 24.4% | +58.5% |
| 2013 | -9.7% | -139.7% |
| 2014 | -18.5% | +91.3% |
| 2015 | -23.1% | +24.7% |
| 2016 | -50.1% | +116.7% |
| 2017 | -34.7% | -30.8% |
| 2018 | 0.3% | -100.9% |
| 2019 | -22.2% | -7500.0% |
| 2020 | -52.7% | +137.3% |
| 2021 | 50.3% | -195.5% |
| 2022 | 10.7% | -78.7% |
| 2023 | 20.8% | +93.6% |
| 2024 | 8.8% | -57.7% |
Biggest year-on-year movements
Years where Annual growth of imports 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 |
|---|---|---|---|
| 2019 | -7500.0% | 0.3% | -22.2% |
| 2009 | -1536.1% | 1.4% | -19.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.3% | -25.2% | 57.7% | 10 |
| 2010s | -12.1% | -50.1% | 24.4% | 10 |
| 2020s | 7.6% | -52.7% | 50.3% | 5 |
Countries ranked near Venezuela (Bolivarian Republic of)
More economy & growth data for Venezuela (Bolivarian Republic of)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 5.01 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -17.94 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 -50 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth -35.55 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency 1.97 million million SLC (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 4.86 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices -5.21 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 161,016 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 14,501 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 0 million SLC (2024)
Frequently asked questions
- What is annual growth of imports of goods and services in Venezuela (Bolivarian Republic of)?
- Annual growth of imports of goods and services in Venezuela (Bolivarian Republic of) was 8.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 57.7% in 2004.
- What is the lowest annual growth of imports of goods and services recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was -52.7% in 2020.
- How does Venezuela (Bolivarian Republic of) rank for annual growth of imports of goods and services?
- Venezuela (Bolivarian Republic of) ranks 43rd out of 186 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Venezuela (Bolivarian Republic of)?
- Over the last ten years it is up 147.5%. 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 imports of goods and services (%). Statizoid updates them automatically from the source API.
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