Exports of goods and services (BoP, current US$), per unit of GDP in Venezuela
Venezuela: Exports of goods and services (BoP, current US$), per unit of GDP was 0.254 BoP, current US$ per US$ of GDP in 2016. ▬ Flat
Latest (2016)
0.254 BoP, current US$ per US$ of GDP
Change on year
down 18.2%
World rank
137th
of 199 countries
All-time high
0.445 BoP, current US$ per US$ of GDP
in 1974
All-time low
0.1569 BoP, current US$ per US$ of GDP
in 1986
Years of data
47
1970–2016
Exports of goods and services (BoP, current US$), per unit of GDP in Venezuela, 1970–2016
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for exports of goods and services (bop, current us$), per unit of gdp in Venezuela is 0.254 BoP, current US$ per US$ of GDP, measured in 2016.
Compared with earlier readings it is down 18.2% on the previous year and down 30.6% over ten years.
Over the whole period, exports of goods and services (bop, current us$), per unit of gdp in Venezuela peaked at 0.445 BoP, current US$ per US$ of GDP in 1974 and was at its lowest, 0.1569 BoP, current US$ per US$ of GDP, in 1986.
Venezuela ranks 137th of 199 countries on this measure, in the middle of the range.
Exports of goods and services (BoP, current US$), per unit of GDP in Venezuela, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.2404 BoP, current US$ per US$ of GDP | — |
| 1971 | 0.2541 BoP, current US$ per US$ of GDP | +5.7% |
| 1972 | 0.2405 BoP, current US$ per US$ of GDP | -5.4% |
| 1973 | 0.2964 BoP, current US$ per US$ of GDP | +23.3% |
| 1974 | 0.445 BoP, current US$ per US$ of GDP | +50.1% |
| 1975 | 0.3405 BoP, current US$ per US$ of GDP | -23.5% |
| 1976 | 0.3082 BoP, current US$ per US$ of GDP | -9.5% |
| 1977 | 0.2807 BoP, current US$ per US$ of GDP | -8.9% |
| 1978 | 0.2493 BoP, current US$ per US$ of GDP | -11.2% |
| 1979 | 0.3096 BoP, current US$ per US$ of GDP | +24.2% |
| 1980 | 0.3378 BoP, current US$ per US$ of GDP | +9.1% |
| 1981 | 0.3157 BoP, current US$ per US$ of GDP | -6.5% |
| 1982 | 0.2592 BoP, current US$ per US$ of GDP | -17.9% |
| 1983 | 0.2345 BoP, current US$ per US$ of GDP | -9.5% |
| 1984 | 0.28 BoP, current US$ per US$ of GDP | +19.4% |
| 1985 | 0.2465 BoP, current US$ per US$ of GDP | -12.0% |
| 1986 | 0.1569 BoP, current US$ per US$ of GDP | -36.4% |
| 1987 | 0.2379 BoP, current US$ per US$ of GDP | +51.7% |
| 1988 | 0.1835 BoP, current US$ per US$ of GDP | -22.9% |
| 1989 | 0.3213 BoP, current US$ per US$ of GDP | +75.1% |
| 1990 | 0.3869 BoP, current US$ per US$ of GDP | +20.4% |
| 1991 | 0.3066 BoP, current US$ per US$ of GDP | -20.8% |
| 1992 | 0.2568 BoP, current US$ per US$ of GDP | -16.2% |
| 1993 | 0.2685 BoP, current US$ per US$ of GDP | +4.6% |
| 1994 | 0.3027 BoP, current US$ per US$ of GDP | +12.7% |
| 1995 | 0.2682 BoP, current US$ per US$ of GDP | -11.4% |
| 1996 | 0.3584 BoP, current US$ per US$ of GDP | +33.6% |
| 1997 | 0.2934 BoP, current US$ per US$ of GDP | -18.1% |
| 1998 | 0.2094 BoP, current US$ per US$ of GDP | -28.6% |
| 1999 | 0.2278 BoP, current US$ per US$ of GDP | +8.7% |
| 2000 | 0.2963 BoP, current US$ per US$ of GDP | +30.1% |
| 2001 | 0.2282 BoP, current US$ per US$ of GDP | -23.0% |
| 2002 | 0.2992 BoP, current US$ per US$ of GDP | +31.1% |
| 2003 | 0.3361 BoP, current US$ per US$ of GDP | +12.3% |
| 2004 | 0.3627 BoP, current US$ per US$ of GDP | +7.9% |
| 2005 | 0.3921 BoP, current US$ per US$ of GDP | +8.1% |
| 2006 | 0.3658 BoP, current US$ per US$ of GDP | -6.7% |
| 2007 | 0.3128 BoP, current US$ per US$ of GDP | -14.5% |
| 2008 | 0.3109 BoP, current US$ per US$ of GDP | -0.6% |
| 2009 | 0.1839 BoP, current US$ per US$ of GDP | -40.8% |
| 2010 | 0.1748 BoP, current US$ per US$ of GDP | -5.0% |
| 2011 | 0.3022 BoP, current US$ per US$ of GDP | +72.9% |
| 2012 | 0.269 BoP, current US$ per US$ of GDP | -11.0% |
| 2013 | 0.3519 BoP, current US$ per US$ of GDP | +30.8% |
| 2014 | 0.3575 BoP, current US$ per US$ of GDP | +1.6% |
| 2015 | 0.3103 BoP, current US$ per US$ of GDP | -13.2% |
| 2016 | 0.254 BoP, current US$ per US$ of GDP | -18.2% |
Venezuela compared with similar countries
- Venezuela's 0.254 BoP, current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.2334 BoP, current US$ per US$ of GDP, 1.1× the median. (47 countries reporting)
- Venezuela's 0.254 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.3885 BoP, current US$ per US$ of GDP, 65% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2965 BoP, current US$ per US$ of GDP | 0.2404 BoP, current US$ per US$ of GDP | 0.445 BoP, current US$ per US$ of GDP | 10 |
| 1980s | 0.2573 BoP, current US$ per US$ of GDP | 0.1569 BoP, current US$ per US$ of GDP | 0.3378 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.2879 BoP, current US$ per US$ of GDP | 0.2094 BoP, current US$ per US$ of GDP | 0.3869 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.3088 BoP, current US$ per US$ of GDP | 0.1839 BoP, current US$ per US$ of GDP | 0.3921 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.2885 BoP, current US$ per US$ of GDP | 0.1748 BoP, current US$ per US$ of GDP | 0.3575 BoP, current US$ per US$ of GDP | 7 |
Countries ranked near Venezuela
- 134 Samoa 0.2735 BoP, current US$ per US$ of GDP compare
- 135 Honduras 0.272 BoP, current US$ per US$ of GDP compare
- 136 Iran 0.2713 BoP, current US$ per US$ of GDP compare
- 138 New Zealand 0.2527 BoP, current US$ per US$ of GDP compare
- 139 Cote d'Ivoire 0.2527 BoP, current US$ per US$ of GDP compare
- 140 Angola 0.2511 BoP, current US$ per US$ of GDP compare
More economy & growth data for Venezuela
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0216 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 91.64 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.45 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0135 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 57.47 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is exports of goods and services (bop, current us$), per unit of gdp in Venezuela?
- Exports of goods and services (bop, current us$), per unit of gdp in Venezuela was 0.254 BoP, current US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest exports of goods and services (bop, current us$), per unit of gdp recorded in Venezuela?
- The highest recorded value was 0.445 BoP, current US$ per US$ of GDP in 1974.
- What is the lowest exports of goods and services (bop, current us$), per unit of gdp recorded in Venezuela?
- The lowest recorded value was 0.1569 BoP, current US$ per US$ of GDP in 1986.
- How does Venezuela rank for exports of goods and services (bop, current us$), per unit of gdp?
- Venezuela ranks 137th out of 199 countries with data for 2016.
- Is exports of goods and services (bop, current us$), per unit of gdp rising or falling in Venezuela?
- Over the last ten years it is down 30.6%. The long-run trend across the full record is flat.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Exports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.