External balance on goods and services (current LCU) in Venezuela
Venezuela: External balance on goods and services (current LCU) was 790.65 billion current LCU in 2025. ◆ Volatile
External balance on goods and services in Venezuela, 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 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 peaked at 790.65 billion current LCU in 2025 and was at its lowest, -11.16 million current LCU, in 2020.
That places Venezuela 20th out of 193 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) in Venezuela, 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% |
Venezuela compared with similar countries
- Venezuela's 790.65 billion current LCU is above the median for lower middle income countries, which is -57.12 billion current LCU. (45 countries reporting)
- Venezuela's 790.65 billion current LCU is above the median for Latin America & Caribbean, which is -509.00 million current LCU. (29 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current LCU) 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 |
|---|---|---|---|
| 2018 | +229649.1% | 837 current LCU | 1.92 million current LCU |
| 2021 | +24533.8% | -11.16 million current LCU | 2.73 billion current LCU |
| 2019 | +18864.7% | 1.92 million current LCU | 364.69 million current LCU |
| 2014 | +2251.0% | -0.51 current LCU | 10.97 current LCU |
| 1977 | -1166.6% | 0 current LCU | -0.0001 current LCU |
| 2017 | +1010.1% | 75.4 current LCU | 837 current LCU |
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
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 in Venezuela?
- External balance on goods and services in Venezuela 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?
- 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?
- The lowest recorded value was -11.16 million current LCU in 2020.
- How does Venezuela rank for external balance on goods and services?
- Venezuela ranks 20th out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Venezuela?
- 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 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.