Goods imports (BoP, current US$), annual growth rate in Venezuela
Venezuela: Goods imports (BoP, current US$), annual growth rate was -50.9 % change on previous year in 2016. ◆ Volatile
Goods imports (BoP, current US$), annual growth rate in Venezuela, 1971–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2016, goods imports (bop, current us$), annual growth rate in Venezuela stood at -50.9 % change on previous year.
Compared with earlier readings it is down 72.3% on the previous year and down 228.0% over ten years.
Over the whole period, goods imports (bop, current us$), annual growth rate in Venezuela peaked at 62.42 % change on previous year in 2004 and was at its lowest, -52.82 % change on previous year, in 1983.
That places Venezuela 199th out of 199 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports (BoP, current US$), annual growth rate in Venezuela, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.68 % change on previous year | — |
| 1972 | 17.19 % change on previous year | +60.9% |
| 1973 | 18.18 % change on previous year | +5.7% |
| 1974 | 47.6 % change on previous year | +161.8% |
| 1975 | 40.92 % change on previous year | -14.0% |
| 1976 | 34.33 % change on previous year | -16.1% |
| 1977 | 38.94 % change on previous year | +13.4% |
| 1978 | 10.2 % change on previous year | -73.8% |
| 1979 | -10.95 % change on previous year | -207.3% |
| 1980 | 8.73 % change on previous year | -179.7% |
| 1981 | 11.46 % change on previous year | +31.3% |
| 1982 | 12.05 % change on previous year | +5.2% |
| 1983 | -52.82 % change on previous year | -538.3% |
| 1984 | 13.06 % change on previous year | -124.7% |
| 1985 | 3.52 % change on previous year | -73.1% |
| 1986 | 4.87 % change on previous year | +38.3% |
| 1987 | 12.76 % change on previous year | +162.3% |
| 1988 | 36.19 % change on previous year | +183.5% |
| 1989 | -39.3 % change on previous year | -208.6% |
| 1990 | -6.42 % change on previous year | -83.7% |
| 1991 | 48.57 % change on previous year | -856.2% |
| 1992 | 25.62 % change on previous year | -47.3% |
| 1993 | -10.52 % change on previous year | -141.1% |
| 1994 | -26.49 % change on previous year | +151.9% |
| 1995 | 42.53 % change on previous year | -260.6% |
| 1996 | -17.71 % change on previous year | -141.6% |
| 1997 | 50.79 % change on previous year | -386.9% |
| 1998 | 11.56 % change on previous year | -77.2% |
| 1999 | -13.62 % change on previous year | -217.9% |
| 2000 | 17.27 % change on previous year | -226.8% |
| 2001 | 14.05 % change on previous year | -18.6% |
| 2002 | -30.47 % change on previous year | -316.8% |
| 2003 | -21.55 % change on previous year | -29.3% |
| 2004 | 62.42 % change on previous year | -389.7% |
| 2005 | 41.08 % change on previous year | -34.2% |
| 2006 | 39.77 % change on previous year | -3.2% |
| 2007 | 41.2 % change on previous year | +3.6% |
| 2008 | 8.02 % change on previous year | -80.5% |
| 2009 | -18.73 % change on previous year | -333.4% |
| 2010 | 0.2838 % change on previous year | -101.5% |
| 2011 | 26 % change on previous year | +9061.3% |
| 2012 | 25.45 % change on previous year | -2.1% |
| 2013 | -13.3 % change on previous year | -152.2% |
| 2014 | -17.37 % change on previous year | +30.6% |
| 2015 | -29.53 % change on previous year | +70.0% |
| 2016 | -50.9 % change on previous year | +72.3% |
Venezuela compared with similar countries
- Venezuela's -50.9 % change on previous year is below the median for lower middle income countries, which is 5.37 % change on previous year. (47 countries reporting)
- Venezuela's -50.9 % change on previous year is below the median for Latin America & Caribbean, which is 6.34 % change on previous year. (36 countries reporting)
Biggest year-on-year movements
Years where Goods imports (BoP, current US$), annual growth rate in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +9061.3% | 0.2838 % change on previous year | 26 % change on previous year |
| 1991 | +856.2% | -6.42 % change on previous year | 48.57 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.01 % change on previous year | -10.95 % change on previous year | 47.6 % change on previous year | 9 |
| 1980s | 1.05 % change on previous year | -52.82 % change on previous year | 36.19 % change on previous year | 10 |
| 1990s | 10.43 % change on previous year | -26.49 % change on previous year | 50.79 % change on previous year | 10 |
| 2000s | 15.31 % change on previous year | -30.47 % change on previous year | 62.42 % change on previous year | 10 |
| 2010s | -8.48 % change on previous year | -50.9 % change on previous year | 26 % change on previous year | 7 |
Countries ranked near Venezuela
- 196 Niger -22.63 % change on previous year compare
- 197 Armenia -24.83 % change on previous year compare
- 198 South Sudan -44.3 % change on previous year
More economy & growth data for Venezuela
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0216 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 91.64 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.45 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0135 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 57.47 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is goods imports (bop, current us$), annual growth rate in Venezuela?
- Goods imports (bop, current us$), annual growth rate in Venezuela was -50.9 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), annual growth rate recorded in Venezuela?
- The highest recorded value was 62.42 % change on previous year in 2004.
- What is the lowest goods imports (bop, current us$), annual growth rate recorded in Venezuela?
- The lowest recorded value was -52.82 % change on previous year in 1983.
- How does Venezuela rank for goods imports (bop, current us$), annual growth rate?
- Venezuela ranks 199th out of 199 countries with data for 2016.
- Is goods imports (bop, current us$), annual growth rate rising or falling in Venezuela?
- Over the last ten years it is down 228.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Goods imports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Goods imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Goods imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.