Exports of goods, services and primary income (BoP, current US$) in Venezuela

Venezuela: Exports of goods, services and primary income (BoP, current US$) was -26.25 % change on previous year in 2016. ◆ Volatile

Latest (2016)
-26.25 % change on previous year
Change on year
up 46.9%
World rank
196th
of 198 countries
All-time high
126.77 % change on previous year
in 1974
All-time low
-49.48 % change on previous year
in 2015
Years of data
46
1971–2016

Exports of goods, services and primary income (BoP, current US$) in Venezuela, 1971–2016

-50050100150197119932016

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Venezuela recorded -26.25 % change on previous year for exports of goods, services and primary income (bop, current us$) in 2016.

Compared with earlier readings it is up 46.9% on the previous year and down 213.6% over ten years.

Over the whole period, exports of goods, services and primary income (bop, current us$) in Venezuela peaked at 126.77 % change on previous year in 1974 and was at its lowest, -49.48 % change on previous year, in 2015.

That places Venezuela 196th out of 198 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.

Exports of goods, services and primary income (BoP, current US$) in Venezuela, year by year

Annual values for Exports of goods, services and primary income (BoP, current US$), annual growth rate in Venezuela, 1971 to 2016.
Year % change on previous year Change
1971 17.86 % change on previous year
1972 2.37 % change on previous year -86.8%
1973 54.45 % change on previous year +2201.2%
1974 126.77 % change on previous year +132.8%
1975 -15.7 % change on previous year -112.4%
1976 2.81 % change on previous year -117.9%
1977 5.5 % change on previous year +95.6%
1978 -0.8404 % change on previous year -115.3%
1979 50.21 % change on previous year -6074.1%
1980 36.35 % change on previous year -27.6%
1981 10.29 % change on previous year -71.7%
1982 -17.93 % change on previous year -274.3%
1983 -13.82 % change on previous year -22.9%
1984 8.76 % change on previous year -163.4%
1985 -8.86 % change on previous year -201.1%
1986 -34.53 % change on previous year +289.8%
1987 14.48 % change on previous year -141.9%
1988 -1.38 % change on previous year -109.5%
1989 22.55 % change on previous year -1732.1%
1990 37.85 % change on previous year +67.9%
1991 -13.55 % change on previous year -135.8%
1992 -7.73 % change on previous year -42.9%
1993 3.49 % change on previous year -145.1%
1994 8.97 % change on previous year +157.2%
1995 17.16 % change on previous year +91.3%
1996 18.74 % change on previous year +9.2%
1997 2.78 % change on previous year -85.2%
1998 -21.72 % change on previous year -881.1%
1999 13.78 % change on previous year -163.4%
2000 53.58 % change on previous year +288.8%
2001 -18.84 % change on previous year -135.2%
2002 -4.5 % change on previous year -76.1%
2003 1.94 % change on previous year -143.2%
2004 43.55 % change on previous year +2140.3%
2005 42.9 % change on previous year -1.5%
2006 23.1 % change on previous year -46.2%
2007 9.1 % change on previous year -60.6%
2008 28.68 % change on previous year +215.3%
2009 -40.48 % change on previous year -241.2%
2010 11.95 % change on previous year -129.5%
2011 38.59 % change on previous year +222.8%
2012 4.23 % change on previous year -89.0%
2013 -8.47 % change on previous year -300.2%
2014 -15.63 % change on previous year +84.6%
2015 -49.48 % change on previous year +216.5%
2016 -26.25 % change on previous year -46.9%

Venezuela compared with similar countries

  • Venezuela's -26.25 % change on previous year is below the median for lower middle income countries, which is 8.59 % change on previous year. (47 countries reporting)
  • Venezuela's -26.25 % change on previous year is below the median for Latin America & Caribbean, which is 4.17 % change on previous year. (36 countries reporting)

Biggest year-on-year movements

Years where Exports of goods, services and primary income (BoP, current US$) in Venezuela 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.

YearChange FromTo
1979 +6074.1% -0.8404 % change on previous year 50.21 % change on previous year
1973 +2201.2% 2.37 % change on previous year 54.45 % change on previous year
2004 +2140.3% 1.94 % change on previous year 43.55 % change on previous year
1989 +1732.1% -1.38 % change on previous year 22.55 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 27.05 % change on previous year -15.7 % change on previous year 126.77 % change on previous year 9
1980s 1.59 % change on previous year -34.53 % change on previous year 36.35 % change on previous year 10
1990s 5.98 % change on previous year -21.72 % change on previous year 37.85 % change on previous year 10
2000s 13.9 % change on previous year -40.48 % change on previous year 53.58 % change on previous year 10
2010s -6.44 % change on previous year -49.48 % change on previous year 38.59 % change on previous year 7

Countries ranked near Venezuela

  1. 193 Haiti -21.91 % change on previous year compare
  2. 194 Armenia -21.98 % change on previous year compare
  3. 195 South Sudan -23.27 % change on previous year
  4. 197 Gabon -35.72 % change on previous year compare
  5. 198 Yemen -49.37 % change on previous year compare

See the full ranking of 243 places →

More economy & growth data for Venezuela

All data for Venezuela →

Frequently asked questions

What is exports of goods, services and primary income (bop, current us$) in Venezuela?
Exports of goods, services and primary income (bop, current us$) in Venezuela was -26.25 % change on previous year in 2016, according to Statizoid (derived).
What is the highest exports of goods, services and primary income (bop, current us$) recorded in Venezuela?
The highest recorded value was 126.77 % change on previous year in 1974.
What is the lowest exports of goods, services and primary income (bop, current us$) recorded in Venezuela?
The lowest recorded value was -49.48 % change on previous year in 2015.
How does Venezuela rank for exports of goods, services and primary income (bop, current us$)?
Venezuela ranks 196th out of 198 countries with data for 2016.
Is exports of goods, services and primary income (bop, current us$) rising or falling in Venezuela?
Over the last ten years it is down 213.6%. The long-run trend across the full record is volatile.
Where does this Venezuela data come from?
The figures come from Statizoid (derived), published as part of Exports of goods, services and primary income (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Exports of goods, services and primary income (BoP, current US$) in Venezuela. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/exports-of-goods-services-and-primary-income-bop-current-us-annual-growth-rate/venezuela-rb/

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How this figure is calculated

The year-on-year percentage change in Exports of goods, services and primary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Exports of goods, services and primary income (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
243 places, 9,304 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Exports of goods, services and primary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.