Communications, computer, etc. in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Communications, computer, etc. was 16.0% in 2016. ▲ Rising
Communications, computer, etc. in Venezuela, Bolivarian Republic of, 1970–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
Venezuela, Bolivarian Republic of recorded 16.0% for communications, computer, etc. in 2016.
Compared with earlier readings it is down 18.5% on the previous year and down 27.4% over ten years.
Over the whole period, communications, computer, etc. in Venezuela, Bolivarian Republic of peaked at 31.4% in 2000 and was at its lowest, 6.9%, in 1972.
That places Venezuela, Bolivarian Republic of 129th out of 197 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Communications, computer, etc. in Venezuela, Bolivarian Republic of, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1970 | 8.6% | — |
| 1971 | 8.8% | +1.7% |
| 1972 | 6.9% | -21.2% |
| 1973 | 11.7% | +69.7% |
| 1974 | 7.7% | -34.5% |
| 1975 | 11.6% | +51.1% |
| 1976 | 20.2% | +74.1% |
| 1977 | 15.9% | -21.6% |
| 1978 | 14.0% | -11.9% |
| 1979 | 12.9% | -8.1% |
| 1980 | 9.5% | -25.9% |
| 1981 | 15.6% | +63.7% |
| 1982 | 8.5% | -45.2% |
| 1983 | 21.4% | +150.8% |
| 1984 | 7.0% | -67.5% |
| 1985 | 11.8% | +69.1% |
| 1986 | 10.0% | -15.0% |
| 1987 | 9.5% | -5.3% |
| 1988 | 11.1% | +17.4% |
| 1989 | 13.5% | +21.4% |
| 1990 | 19.4% | +43.4% |
| 1991 | 15.4% | -20.5% |
| 1992 | 18.6% | +20.8% |
| 1993 | 20.0% | +7.5% |
| 1994 | 13.1% | -34.6% |
| 1995 | 14.8% | +13.3% |
| 1996 | 12.3% | -16.8% |
| 1997 | 28.8% | +133.0% |
| 1998 | 26.8% | -6.7% |
| 1999 | 28.7% | +6.9% |
| 2000 | 31.4% | +9.3% |
| 2001 | 26.3% | -16.1% |
| 2002 | 26.2% | -0.6% |
| 2003 | 26.2% | +0.1% |
| 2004 | 22.6% | -13.6% |
| 2005 | 21.5% | -5.1% |
| 2006 | 22.0% | +2.3% |
| 2007 | 15.5% | -29.6% |
| 2008 | 16.5% | +6.5% |
| 2009 | 19.2% | +16.5% |
| 2010 | 23.6% | +23.1% |
| 2011 | 26.9% | +13.9% |
| 2012 | 27.9% | +3.8% |
| 2013 | 24.6% | -11.7% |
| 2014 | 26.6% | +8.0% |
| 2015 | 19.6% | -26.5% |
| 2016 | 16.0% | -18.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.8% | 6.9% | 20.2% | 10 |
| 1980s | 11.8% | 7.0% | 21.4% | 10 |
| 1990s | 19.8% | 12.3% | 28.8% | 10 |
| 2000s | 22.7% | 15.5% | 31.4% | 10 |
| 2010s | 23.6% | 16.0% | 27.9% | 7 |
Countries ranked near Venezuela, Bolivarian Republic of
More economy & growth data for Venezuela, Bolivarian Republic of
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Gross capital formation (current US$), annual growth rate 0.7182 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.0593 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 207.15 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 304.81 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 9.81 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 34,274 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -3.39 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.0284 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is communications, computer, etc. in Venezuela, Bolivarian Republic of?
- Communications, computer, etc. in Venezuela, Bolivarian Republic of was 16.0% in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest communications, computer, etc. recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 31.4% in 2000.
- What is the lowest communications, computer, etc. recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 6.9% in 1972.
- How does Venezuela, Bolivarian Republic of rank for communications, computer, etc.?
- Venezuela, Bolivarian Republic of ranks 129th out of 197 countries with data for 2016.
- Is communications, computer, etc. rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 27.4%. The long-run trend across the full record is rising.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Communications, computer, etc. (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.