External balance on goods and services in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: External balance on goods and services was -1.38 billion constant LCU in 2025. ▼ Falling
External balance on goods and services in Venezuela, Bolivarian Republic of, 2020–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, external balance on goods and services in Venezuela, Bolivarian Republic of stood at -1.38 billion constant LCU.
The figure is up 36.3% on the previous year and down 12,293.5% over ten years.
Venezuela, Bolivarian Republic of ranks 75th of 161 countries on this measure, in the middle of the range.
External balance on goods and services in Venezuela, Bolivarian Republic of, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2020 | -11.16 million constant LCU | — |
| 2021 | -1.61 billion constant LCU | +14332.9% |
| 2022 | -1.55 billion constant LCU | -3.8% |
| 2023 | -1.94 billion constant LCU | +24.9% |
| 2024 | -2.17 billion constant LCU | +12.2% |
| 2025 | -1.38 billion constant LCU | -36.3% |
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)
- GDP (current US$), annual growth rate -17.34 % change on previous year (2025)
- GDP (current US$), per capita 3,495 current US$ per person (2025)
- GDP (current LCU), annual growth rate 232.23 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 165.46 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 578,247 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.57 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.4346 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,519 constant 2015 US$ per person (2025)
Frequently asked questions
- What is external balance on goods and services in Venezuela, Bolivarian Republic of?
- External balance on goods and services in Venezuela, Bolivarian Republic of was -1.38 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was -11.16 million constant LCU in 2020.
- What is the lowest external balance on goods and services recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -2.17 billion constant LCU in 2024.
- How does Venezuela, Bolivarian Republic of rank for external balance on goods and services?
- Venezuela, Bolivarian Republic of ranks 75th out of 161 countries with data for 2025.
- Is external balance on goods and services rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 12,293.5%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.