External balance on goods and services (current LCU), annual growth in Venezuela
Venezuela: External balance on goods and services (current LCU), annual growth was 120.25 % change on previous year in 2025. ◆ Volatile
External balance on goods and services (current LCU), annual growth in Venezuela, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Venezuela recorded 120.25 % change on previous year for external balance on goods and services (current lcu), annual growth in 2025.
That represents a change of up 152.6% on the previous year and up 15.4% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in Venezuela peaked at 994.09 % change on previous year in 2022 and was at its lowest, -525 % change on previous year, in 1987.
That places Venezuela 10th out of 192 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU), annual growth in Venezuela, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 26.61 % change on previous year | — |
| 1962 | 16.62 % change on previous year | -37.5% |
| 1963 | 16.53 % change on previous year | -0.5% |
| 1964 | -19.97 % change on previous year | -220.8% |
| 1965 | -13.09 % change on previous year | -34.5% |
| 1966 | 10.26 % change on previous year | -178.4% |
| 1967 | -2.33 % change on previous year | -122.7% |
| 1968 | -35.72 % change on previous year | +1435.3% |
| 1969 | -18.51 % change on previous year | -48.2% |
| 1970 | 9.09 % change on previous year | -149.1% |
| 1971 | 54.17 % change on previous year | +496.0% |
| 1972 | -43.24 % change on previous year | -179.8% |
| 1973 | 242.84 % change on previous year | -661.6% |
| 1974 | 293.06 % change on previous year | +20.7% |
| 1975 | -66.08 % change on previous year | -122.5% |
| 1976 | -87.5 % change on previous year | +32.4% |
| 1978 | -79.69 % change on previous year | -8.9% |
| 1979 | 113.91 % change on previous year | -242.9% |
| 1980 | 546.88 % change on previous year | +380.1% |
| 1981 | -20.29 % change on previous year | -103.7% |
| 1982 | -153.94 % change on previous year | +658.7% |
| 1983 | 425.84 % change on previous year | -376.6% |
| 1984 | 12.39 % change on previous year | -97.1% |
| 1985 | -16.62 % change on previous year | -234.1% |
| 1986 | -107.74 % change on previous year | +548.3% |
| 1987 | -525 % change on previous year | +387.3% |
| 1988 | -343.72 % change on previous year | -34.5% |
| 1989 | 437.57 % change on previous year | -227.3% |
| 1990 | 123.04 % change on previous year | -71.9% |
| 1991 | -100 % change on previous year | -181.3% |
| 2013 | -134.93 % change on previous year | +34.9% |
| 2015 | 104.19 % change on previous year | -177.2% |
| 2016 | 236.61 % change on previous year | +127.1% |
| 2020 | -103.06 % change on previous year | -143.6% |
| 2022 | 994.09 % change on previous year | -1064.6% |
| 2023 | 714.89 % change on previous year | -28.1% |
| 2024 | 47.6 % change on previous year | -93.3% |
| 2025 | 120.25 % change on previous year | +152.6% |
Venezuela compared with similar countries
- Venezuela's 120.25 % change on previous year is above the median for lower middle income countries, which is -7.66 % change on previous year. (45 countries reporting)
- Venezuela's 120.25 % change on previous year is above the median for Latin America & Caribbean, which is -3.73 % change on previous year. (28 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current LCU), annual growth 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.
| Year | Change | From | To |
|---|---|---|---|
| 1968 | -1435.3% | -2.33 % change on previous year | -35.72 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -2.18 % change on previous year | -35.72 % change on previous year | 26.61 % change on previous year | 9 |
| 1970s | 48.51 % change on previous year | -87.5 % change on previous year | 293.06 % change on previous year | 9 |
| 1980s | 25.54 % change on previous year | -525 % change on previous year | 546.88 % change on previous year | 10 |
| 1990s | 11.52 % change on previous year | -100 % change on previous year | 123.04 % change on previous year | 2 |
| 2010s | 68.62 % change on previous year | -134.93 % change on previous year | 236.61 % change on previous year | 3 |
| 2020s | 354.75 % change on previous year | -103.06 % change on previous year | 994.09 % change on previous year | 5 |
Countries ranked near Venezuela
- 7 Estonia 234.5 % change on previous year compare
- 8 Faroe Islands 228.14 % change on previous year compare
- 9 Zambia 155.74 % change on previous year compare
- 11 Eswatini 101.19 % change on previous year compare
- 12 United States Virgin Islands 100.77 % change on previous year compare
- 13 Qatar 96.58 % change on previous year 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)
- SDRs holdings, US dollar, annual growth rate 2.6 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0458 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 159.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.29 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0334 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 116.8 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0477 units per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services (current lcu), annual growth in Venezuela?
- External balance on goods and services (current lcu), annual growth in Venezuela was 120.25 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in Venezuela?
- The highest recorded value was 994.09 % change on previous year in 2022.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in Venezuela?
- The lowest recorded value was -525 % change on previous year in 1987.
- How does Venezuela rank for external balance on goods and services (current lcu), annual growth?
- Venezuela ranks 10th out of 192 countries with data for 2025.
- Is external balance on goods and services (current lcu), annual growth rising or falling in Venezuela?
- Over the last ten years it is up 15.4%. 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 External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services 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
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.