ICT service exports (BoP, current US$), annual growth rate in Venezuela

Venezuela: ICT service exports (BoP, current US$), annual growth rate was -31.91 % change on previous year in 2016. ◆ Volatile

Latest (2016)
-31.91 % change on previous year
Change on year
down 401.4%
World rank
167th
of 189 countries
All-time high
138.46 % change on previous year
in 1992
All-time low
-82.35 % change on previous year
in 1996
Years of data
26
1990–2016

ICT service exports (BoP, current US$), annual growth rate in Venezuela, 1990–2016

-100-500501001501990200320161990: 0 % change on previous year1991: 44.4 % change on previous year1992: 138.5 % change on previous year1993: 0 % change on previous year1994: -6.5 % change on previous year1995: 17.2 % change on previous year1996: -82.4 % change on previous year1998: -24.9 % change on previous year1999: -10.2 % change on previous year2000: -13.2 % change on previous year2001: -26.3 % change on previous year2002: -35.6 % change on previous year2003: -8.5 % change on previous year2004: 7 % change on previous year2005: 50 % change on previous year2006: 52.2 % change on previous year2007: -22.9 % change on previous year2008: 0 % change on previous year2009: 2.5 % change on previous year2010: 4.8 % change on previous year2011: -11.5 % change on previous year2012: -1.3 % change on previous year2013: 9.2 % change on previous year2014: 2.4 % change on previous year2015: 10.6 % change on previous year2016: -31.9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2016, ict service exports (bop, current us$), annual growth rate in Venezuela stood at -31.91 % change on previous year.

Compared with earlier readings it is down 401.4% on the previous year and down 161.2% over ten years.

Over the whole period, ict service exports (bop, current us$), annual growth rate in Venezuela peaked at 138.46 % change on previous year in 1992 and was at its lowest, -82.35 % change on previous year, in 1996.

Venezuela ranks 167th of 189 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

ICT service exports (BoP, current US$), annual growth rate in Venezuela, year by year

Annual values for ICT service exports (BoP, current US$), annual growth rate in Venezuela, 1990 to 2016.
Year % change on previous year Change
1990 0 % change on previous year —
1991 44.44 % change on previous year —
1992 138.46 % change on previous year +211.5%
1993 0 % change on previous year -100.0%
1994 -6.45 % change on previous year —
1995 17.24 % change on previous year -367.2%
1996 -82.35 % change on previous year -577.6%
1998 -24.85 % change on previous year -69.8%
1999 -10.24 % change on previous year -58.8%
2000 -13.16 % change on previous year +28.5%
2001 -26.26 % change on previous year +99.6%
2002 -35.62 % change on previous year +35.6%
2003 -8.51 % change on previous year -76.1%
2004 6.98 % change on previous year -182.0%
2005 50 % change on previous year +616.7%
2006 52.17 % change on previous year +4.3%
2007 -22.86 % change on previous year -143.8%
2008 0 % change on previous year -100.0%
2009 2.47 % change on previous year —
2010 4.82 % change on previous year +95.2%
2011 -11.49 % change on previous year -338.5%
2012 -1.3 % change on previous year -88.7%
2013 9.21 % change on previous year -809.2%
2014 2.41 % change on previous year -73.8%
2015 10.59 % change on previous year +339.4%
2016 -31.91 % change on previous year -401.4%

Venezuela compared with similar countries

  • Venezuela's -31.91 % change on previous year is below the median for Latin America & Caribbean, which is 4 % change on previous year. (35 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 8.47 % change on previous year -82.35 % change on previous year 138.46 % change on previous year 9
2000s 0.5215 % change on previous year -35.62 % change on previous year 52.17 % change on previous year 10
2010s -2.53 % change on previous year -31.91 % change on previous year 10.59 % change on previous year 7

Countries ranked near Venezuela

  1. 164 Djibouti -22.38 % change on previous year compare
  2. 165 Angola -28.45 % change on previous year compare
  3. 166 Mozambique -31.5 % change on previous year compare
  4. 168 Sint Maarten (Dutch part) -32.91 % change on previous year compare
  5. 169 Macao -33.26 % change on previous year compare
  6. 170 Guyana -33.49 % change on previous year compare

See the full ranking of 236 places →

More economy & growth data for Venezuela

All data for Venezuela →

Frequently asked questions

What is ict service exports (bop, current us$), annual growth rate in Venezuela?
Ict service exports (bop, current us$), annual growth rate in Venezuela was -31.91 % change on previous year in 2016, according to Statizoid (derived).
What is the highest ict service exports (bop, current us$), annual growth rate recorded in Venezuela?
The highest recorded value was 138.46 % change on previous year in 1992.
What is the lowest ict service exports (bop, current us$), annual growth rate recorded in Venezuela?
The lowest recorded value was -82.35 % change on previous year in 1996.
How does Venezuela rank for ict service exports (bop, current us$), annual growth rate?
Venezuela ranks 167th out of 189 countries with data for 2016.
Is ict service exports (bop, current us$), annual growth rate rising or falling in Venezuela?
Over the last ten years it is down 161.2%. 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 ICT service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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ICT service exports (BoP, current US$), annual growth rate in Venezuela. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://economy.statizoid.com/stat/ict-service-exports-bop-current-us-annual-growth-rate/venezuela-rb/

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How this figure is calculated

The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
ICT service exports (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
236 places, 6,085 data points, 1961–2025
Last refreshed

The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.