Goods imports (BoP, current US$), per unit of GDP in Venezuela
Venezuela: Goods imports (BoP, current US$), per unit of GDP was 0.1447 BoP, current US$ per US$ of GDP in 2016. ▼ Falling
Latest (2016)
0.1447 BoP, current US$ per US$ of GDP
Change on year
down 45.6%
World rank
188th
of 199 countries
All-time high
0.2857 BoP, current US$ per US$ of GDP
in 1978
All-time low
0.0949 BoP, current US$ per US$ of GDP
in 1983
Years of data
47
1970–2016
Goods imports (BoP, current US$), per unit of GDP in Venezuela, 1970–2016
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Venezuela recorded 0.1447 BoP, current US$ per US$ of GDP for goods imports (bop, current us$), per unit of gdp in 2016.
That represents a change of down 45.6% on the previous year and down 20.9% over ten years.
Over the whole period, goods imports (bop, current us$), per unit of gdp in Venezuela peaked at 0.2857 BoP, current US$ per US$ of GDP in 1978 and was at its lowest, 0.0949 BoP, current US$ per US$ of GDP, in 1983.
That places Venezuela 188th out of 199 countries with data for 2016, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 47 years of available data.
Goods imports (BoP, current US$), per unit of GDP in Venezuela, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.1482 BoP, current US$ per US$ of GDP | — |
| 1971 | 0.146 BoP, current US$ per US$ of GDP | -1.5% |
| 1972 | 0.159 BoP, current US$ per US$ of GDP | +8.9% |
| 1973 | 0.1541 BoP, current US$ per US$ of GDP | -3.0% |
| 1974 | 0.1485 BoP, current US$ per US$ of GDP | -3.7% |
| 1975 | 0.1989 BoP, current US$ per US$ of GDP | +33.9% |
| 1976 | 0.2335 BoP, current US$ per US$ of GDP | +17.4% |
| 1977 | 0.2815 BoP, current US$ per US$ of GDP | +20.6% |
| 1978 | 0.2857 BoP, current US$ per US$ of GDP | +1.5% |
| 1979 | 0.2071 BoP, current US$ per US$ of GDP | -27.5% |
| 1980 | 0.184 BoP, current US$ per US$ of GDP | -11.1% |
| 1981 | 0.1828 BoP, current US$ per US$ of GDP | -0.7% |
| 1982 | 0.2005 BoP, current US$ per US$ of GDP | +9.7% |
| 1983 | 0.0949 BoP, current US$ per US$ of GDP | -52.7% |
| 1984 | 0.121 BoP, current US$ per US$ of GDP | +27.6% |
| 1985 | 0.1211 BoP, current US$ per US$ of GDP | +0.0% |
| 1986 | 0.13 BoP, current US$ per US$ of GDP | +7.4% |
| 1987 | 0.1847 BoP, current US$ per US$ of GDP | +42.1% |
| 1988 | 0.2006 BoP, current US$ per US$ of GDP | +8.6% |
| 1989 | 0.1684 BoP, current US$ per US$ of GDP | -16.0% |
| 1990 | 0.1412 BoP, current US$ per US$ of GDP | -16.2% |
| 1991 | 0.1907 BoP, current US$ per US$ of GDP | +35.1% |
| 1992 | 0.212 BoP, current US$ per US$ of GDP | +11.1% |
| 1993 | 0.1909 BoP, current US$ per US$ of GDP | -10.0% |
| 1994 | 0.1442 BoP, current US$ per US$ of GDP | -24.5% |
| 1995 | 0.1552 BoP, current US$ per US$ of GDP | +7.6% |
| 1996 | 0.1401 BoP, current US$ per US$ of GDP | -9.7% |
| 1997 | 0.1736 BoP, current US$ per US$ of GDP | +23.9% |
| 1998 | 0.182 BoP, current US$ per US$ of GDP | +4.8% |
| 1999 | 0.1466 BoP, current US$ per US$ of GDP | -19.5% |
| 2000 | 0.1437 BoP, current US$ per US$ of GDP | -1.9% |
| 2001 | 0.1562 BoP, current US$ per US$ of GDP | +8.7% |
| 2002 | 0.1437 BoP, current US$ per US$ of GDP | -8.0% |
| 2003 | 0.1253 BoP, current US$ per US$ of GDP | -12.8% |
| 2004 | 0.1513 BoP, current US$ per US$ of GDP | +20.8% |
| 2005 | 0.1649 BoP, current US$ per US$ of GDP | +9.0% |
| 2006 | 0.1828 BoP, current US$ per US$ of GDP | +10.8% |
| 2007 | 0.2056 BoP, current US$ per US$ of GDP | +12.5% |
| 2008 | 0.162 BoP, current US$ per US$ of GDP | -21.2% |
| 2009 | 0.1261 BoP, current US$ per US$ of GDP | -22.1% |
| 2010 | 0.1061 BoP, current US$ per US$ of GDP | -15.9% |
| 2011 | 0.166 BoP, current US$ per US$ of GDP | +56.5% |
| 2012 | 0.1773 BoP, current US$ per US$ of GDP | +6.8% |
| 2013 | 0.2211 BoP, current US$ per US$ of GDP | +24.7% |
| 2014 | 0.2198 BoP, current US$ per US$ of GDP | -0.6% |
| 2015 | 0.2657 BoP, current US$ per US$ of GDP | +20.9% |
| 2016 | 0.1447 BoP, current US$ per US$ of GDP | -45.6% |
Venezuela compared with similar countries
- Venezuela's 0.1447 BoP, current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.2803 BoP, current US$ per US$ of GDP, 52% of the median. (47 countries reporting)
- Venezuela's 0.1447 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.3117 BoP, current US$ per US$ of GDP, 46% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1962 BoP, current US$ per US$ of GDP | 0.146 BoP, current US$ per US$ of GDP | 0.2857 BoP, current US$ per US$ of GDP | 10 |
| 1980s | 0.1588 BoP, current US$ per US$ of GDP | 0.0949 BoP, current US$ per US$ of GDP | 0.2006 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.1676 BoP, current US$ per US$ of GDP | 0.1401 BoP, current US$ per US$ of GDP | 0.212 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.1562 BoP, current US$ per US$ of GDP | 0.1253 BoP, current US$ per US$ of GDP | 0.2056 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.1858 BoP, current US$ per US$ of GDP | 0.1061 BoP, current US$ per US$ of GDP | 0.2657 BoP, current US$ per US$ of GDP | 7 |
Countries ranked near Venezuela
- 185 Cameroon 0.1458 BoP, current US$ per US$ of GDP compare
- 186 Colombia 0.145 BoP, current US$ per US$ of GDP compare
- 187 Bangladesh 0.1447 BoP, current US$ per US$ of GDP compare
- 189 Bolivia 0.1425 BoP, current US$ per US$ of GDP compare
- 190 Bermuda 0.1414 BoP, current US$ per US$ of GDP compare
- 191 Iran 0.1388 BoP, current US$ per US$ of GDP 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)
- 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$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is goods imports (bop, current us$), per unit of gdp in Venezuela?
- Goods imports (bop, current us$), per unit of gdp in Venezuela was 0.1447 BoP, current US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), per unit of gdp recorded in Venezuela?
- The highest recorded value was 0.2857 BoP, current US$ per US$ of GDP in 1978.
- What is the lowest goods imports (bop, current us$), per unit of gdp recorded in Venezuela?
- The lowest recorded value was 0.0949 BoP, current US$ per US$ of GDP in 1983.
- How does Venezuela rank for goods imports (bop, current us$), per unit of gdp?
- Venezuela ranks 188th out of 199 countries with data for 2016.
- Is goods imports (bop, current us$), per unit of gdp rising or falling in Venezuela?
- Over the last ten years it is down 20.9%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Goods imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.