External balance on goods and services in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): External balance on goods and services was 4.78 billion current US$ in 2025. β Volatile
External balance on goods and services in Venezuela (Bolivarian Republic of), 1960β2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for external balance on goods and services in Venezuela (Bolivarian Republic of) is 4.78 billion current US$, measured in 2025.
The figure is down 45.2% on the previous year and down 81.9% over ten years.
Over the whole period, external balance on goods and services in Venezuela (Bolivarian Republic of) peaked at 49.00 billion current US$ in 2014 and was at its lowest, -5.40 billion current US$, in 2013.
That places Venezuela (Bolivarian Republic of) 45th out of 192 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 986.21 million current US$ | 473.11 million current US$ | 1.62 billion current US$ | 10 |
| 1970s | 487.48 million current US$ | -5.18 billion current US$ | 6.37 billion current US$ | 10 |
| 1980s | 2.14 billion current US$ | -3.89 billion current US$ | 6.53 billion current US$ | 10 |
| 1990s | 906.20 million current US$ | 0 current US$ | 9.06 billion current US$ | 10 |
| 2000s | 0 current US$ | 0 current US$ | 0 current US$ | 10 |
| 2010s | 21.06 billion current US$ | -5.40 billion current US$ | 49.00 billion current US$ | 10 |
| 2020s | 4.47 billion current US$ | -34.13 million current US$ | 8.72 billion current US$ | 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)
- Taxes less subsidies on products (current LCU), annual growth rate -100 % change on previous year (1991)
- Taxes less subsidies on products (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Taxes less subsidies on products (current LCU), per capita 0 current LCU per person (2011)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0704 (2017)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 14.21 (2017)
- Domestic currency per US dollar (End-of-period (EoP)) 9.97 (2017)
- US dollar per domestic currency (End-of-period (EoP)) 0.1003 (2017)
- Gdp worldbank constant usd, annual growth rate 1.57 % change on previous year (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 4.78 billion current US$ 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 49.00 billion current US$ in 2014.
- What is the lowest external balance on goods and services recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was -5.40 billion current US$ in 2013.
- How does Venezuela (Bolivarian Republic of) rank for external balance on goods and services?
- Venezuela (Bolivarian Republic of) ranks 45th 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 down 81.9%. 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 US$). 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 indicator is expressed in United States dollars.