External balance on goods and services in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: External balance on goods and services was 790.65 billion current LCU in 2025. ◆ Volatile
External balance on goods and services in Venezuela, Bolivarian Republic of, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for external balance on goods and services in Venezuela, Bolivarian Republic of is 790.65 billion current LCU, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 120.2% on the previous year and up 3,529,700,000,000.0% over ten years.
Over the whole period, external balance on goods and services in Venezuela, Bolivarian Republic of peaked at 790.65 billion current LCU in 2025 and was at its lowest, -11.16 million current LCU, in 2020.
That places Venezuela, Bolivarian Republic of 20th 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 in Venezuela, Bolivarian Republic of, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 0 current LCU | — |
| 1961 | 0 current LCU | +26.6% |
| 1962 | 0 current LCU | +16.6% |
| 1963 | 0.0001 current LCU | +16.5% |
| 1964 | 0 current LCU | -20.0% |
| 1965 | 0 current LCU | -13.1% |
| 1966 | 0 current LCU | +10.3% |
| 1967 | 0 current LCU | -2.3% |
| 1968 | 0 current LCU | -35.7% |
| 1969 | 0 current LCU | -18.5% |
| 1970 | 0 current LCU | +9.1% |
| 1971 | 0 current LCU | +54.2% |
| 1972 | 0 current LCU | -43.2% |
| 1973 | 0.0001 current LCU | +242.8% |
| 1974 | 0.0003 current LCU | +293.1% |
| 1975 | 0.0001 current LCU | -66.1% |
| 1976 | 0 current LCU | -87.5% |
| 1977 | -0.0001 current LCU | -1166.6% |
| 1978 | -0.0002 current LCU | +79.7% |
| 1979 | 0 current LCU | -113.9% |
| 1980 | 0.0002 current LCU | +546.9% |
| 1981 | 0.0002 current LCU | -20.3% |
| 1982 | -0.0001 current LCU | -153.9% |
| 1983 | 0.0003 current LCU | -425.8% |
| 1984 | 0.0003 current LCU | +12.4% |
| 1985 | 0.0003 current LCU | -16.6% |
| 1986 | -0 current LCU | -107.7% |
| 1987 | -0.0001 current LCU | +525.0% |
| 1988 | -0.0006 current LCU | +343.7% |
| 1989 | 0.0019 current LCU | -437.6% |
| 1990 | 0.0042 current LCU | +123.0% |
| 1991 | 0 current LCU | -100.0% |
| 1992 | 0 current LCU | — |
| 1993 | 0 current LCU | — |
| 1994 | 0 current LCU | — |
| 1995 | 0 current LCU | — |
| 1996 | 0 current LCU | — |
| 1997 | 0 current LCU | — |
| 1998 | 0 current LCU | — |
| 1999 | 0 current LCU | — |
| 2000 | 0 current LCU | — |
| 2001 | 0 current LCU | — |
| 2002 | 0 current LCU | — |
| 2003 | 0 current LCU | — |
| 2004 | 0 current LCU | — |
| 2005 | 0 current LCU | — |
| 2006 | 0 current LCU | — |
| 2007 | 0 current LCU | — |
| 2008 | 0 current LCU | — |
| 2009 | 0 current LCU | — |
| 2010 | 0 current LCU | — |
| 2011 | 0 current LCU | — |
| 2012 | 1.46 current LCU | — |
| 2013 | -0.51 current LCU | -134.9% |
| 2014 | 10.97 current LCU | -2251.0% |
| 2015 | 22.4 current LCU | +104.2% |
| 2016 | 75.4 current LCU | +236.6% |
| 2017 | 837 current LCU | +1010.1% |
| 2018 | 1.92 million current LCU | +229649.1% |
| 2019 | 364.69 million current LCU | +18864.7% |
| 2020 | -11.16 million current LCU | -103.1% |
| 2021 | 2.73 billion current LCU | -24533.8% |
| 2022 | 29.85 billion current LCU | +994.1% |
| 2023 | 243.22 billion current LCU | +714.9% |
| 2024 | 358.98 billion current LCU | +47.6% |
| 2025 | 790.65 billion current LCU | +120.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 current LCU | 0 current LCU | 0.0001 current LCU | 10 |
| 1970s | 0 current LCU | -0.0002 current LCU | 0.0003 current LCU | 10 |
| 1980s | 0.0002 current LCU | -0.0006 current LCU | 0.0019 current LCU | 10 |
| 1990s | 0.0004 current LCU | 0 current LCU | 0.0042 current LCU | 10 |
| 2000s | 0 current LCU | 0 current LCU | 0 current LCU | 10 |
| 2010s | 36.66 million current LCU | -0.51 current LCU | 364.69 million current LCU | 10 |
| 2020s | 237.57 billion current LCU | -11.16 million current LCU | 790.65 billion current LCU | 6 |
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)
- GNI, Atlas method (current US$), annual growth rate 0.9747 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.1 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 3,858 current US$ per person (2025)
- GNI (current US$), annual growth rate -19.34 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9839 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 3,439 current US$ per person (2025)
- GNI (current LCU), annual growth rate 224.21 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 162.8 current LCU per US$ of GDP (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 790.65 billion current 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 790.65 billion current LCU in 2025.
- What is the lowest external balance on goods and services recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -11.16 million current LCU in 2020.
- How does Venezuela, Bolivarian Republic of rank for external balance on goods and services?
- Venezuela, Bolivarian Republic of ranks 20th out of 192 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 up 3,529,700,000,000.0%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.