Imports of goods and services (BoP, current US$), per unit of GDP in Venezuela
Venezuela: Imports of goods and services (BoP, current US$), per unit of GDP was 0.2285 BoP, current US$ per US$ of GDP in 2016. ▬ Flat
Latest (2016)
0.2285 BoP, current US$ per US$ of GDP
Change on year
down 39.2%
World rank
176th
of 199 countries
All-time high
0.3858 BoP, current US$ per US$ of GDP
in 1978
All-time low
0.1346 BoP, current US$ per US$ of GDP
in 1983
Years of data
47
1970–2016
Imports of goods and services (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 0.2285 BoP, current US$ per US$ of GDP for imports of goods and services (bop, current us$), per unit of gdp in 2016.
Compared with earlier readings it is down 39.2% on the previous year and up 6.0% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Venezuela peaked at 0.3858 BoP, current US$ per US$ of GDP in 1978 and was at its lowest, 0.1346 BoP, current US$ per US$ of GDP, in 1983.
That places Venezuela 176th out of 199 countries with data for 2016, putting it in the bottom quarter.
Imports of goods and services (BoP, current US$), per unit of GDP in Venezuela, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.1936 BoP, current US$ per US$ of GDP | — |
| 1971 | 0.1917 BoP, current US$ per US$ of GDP | -1.0% |
| 1972 | 0.2065 BoP, current US$ per US$ of GDP | +7.7% |
| 1973 | 0.1981 BoP, current US$ per US$ of GDP | -4.1% |
| 1974 | 0.1923 BoP, current US$ per US$ of GDP | -2.9% |
| 1975 | 0.2588 BoP, current US$ per US$ of GDP | +34.6% |
| 1976 | 0.2993 BoP, current US$ per US$ of GDP | +15.7% |
| 1977 | 0.3631 BoP, current US$ per US$ of GDP | +21.3% |
| 1978 | 0.3858 BoP, current US$ per US$ of GDP | +6.2% |
| 1979 | 0.2939 BoP, current US$ per US$ of GDP | -23.8% |
| 1980 | 0.2559 BoP, current US$ per US$ of GDP | -12.9% |
| 1981 | 0.2579 BoP, current US$ per US$ of GDP | +0.8% |
| 1982 | 0.2899 BoP, current US$ per US$ of GDP | +12.4% |
| 1983 | 0.1346 BoP, current US$ per US$ of GDP | -53.6% |
| 1984 | 0.165 BoP, current US$ per US$ of GDP | +22.6% |
| 1985 | 0.154 BoP, current US$ per US$ of GDP | -6.7% |
| 1986 | 0.1655 BoP, current US$ per US$ of GDP | +7.4% |
| 1987 | 0.2313 BoP, current US$ per US$ of GDP | +39.8% |
| 1988 | 0.2481 BoP, current US$ per US$ of GDP | +7.3% |
| 1989 | 0.2131 BoP, current US$ per US$ of GDP | -14.1% |
| 1990 | 0.1944 BoP, current US$ per US$ of GDP | -8.7% |
| 1991 | 0.2561 BoP, current US$ per US$ of GDP | +31.7% |
| 1992 | 0.2837 BoP, current US$ per US$ of GDP | +10.8% |
| 1993 | 0.267 BoP, current US$ per US$ of GDP | -5.9% |
| 1994 | 0.2251 BoP, current US$ per US$ of GDP | -15.7% |
| 1995 | 0.2184 BoP, current US$ per US$ of GDP | -3.0% |
| 1996 | 0.2095 BoP, current US$ per US$ of GDP | -4.1% |
| 1997 | 0.2195 BoP, current US$ per US$ of GDP | +4.8% |
| 1998 | 0.228 BoP, current US$ per US$ of GDP | +3.9% |
| 1999 | 0.1907 BoP, current US$ per US$ of GDP | -16.4% |
| 2000 | 0.1818 BoP, current US$ per US$ of GDP | -4.7% |
| 2001 | 0.1944 BoP, current US$ per US$ of GDP | +6.9% |
| 2002 | 0.186 BoP, current US$ per US$ of GDP | -4.3% |
| 2003 | 0.1674 BoP, current US$ per US$ of GDP | -10.0% |
| 2004 | 0.1914 BoP, current US$ per US$ of GDP | +14.3% |
| 2005 | 0.2017 BoP, current US$ per US$ of GDP | +5.4% |
| 2006 | 0.2155 BoP, current US$ per US$ of GDP | +6.8% |
| 2007 | 0.2534 BoP, current US$ per US$ of GDP | +17.6% |
| 2008 | 0.204 BoP, current US$ per US$ of GDP | -19.5% |
| 2009 | 0.1666 BoP, current US$ per US$ of GDP | -18.3% |
| 2010 | 0.1425 BoP, current US$ per US$ of GDP | -14.4% |
| 2011 | 0.2194 BoP, current US$ per US$ of GDP | +53.9% |
| 2012 | 0.2295 BoP, current US$ per US$ of GDP | +4.6% |
| 2013 | 0.2957 BoP, current US$ per US$ of GDP | +28.8% |
| 2014 | 0.2991 BoP, current US$ per US$ of GDP | +1.1% |
| 2015 | 0.3761 BoP, current US$ per US$ of GDP | +25.7% |
| 2016 | 0.2285 BoP, current US$ per US$ of GDP | -39.2% |
Venezuela compared with similar countries
- Venezuela's 0.2285 BoP, current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.3549 BoP, current US$ per US$ of GDP, 64% of the median. (47 countries reporting)
- Venezuela's 0.2285 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.4141 BoP, current US$ per US$ of GDP, 55% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2583 BoP, current US$ per US$ of GDP | 0.1917 BoP, current US$ per US$ of GDP | 0.3858 BoP, current US$ per US$ of GDP | 10 |
| 1980s | 0.2115 BoP, current US$ per US$ of GDP | 0.1346 BoP, current US$ per US$ of GDP | 0.2899 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.2293 BoP, current US$ per US$ of GDP | 0.1907 BoP, current US$ per US$ of GDP | 0.2837 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.1962 BoP, current US$ per US$ of GDP | 0.1666 BoP, current US$ per US$ of GDP | 0.2534 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.2558 BoP, current US$ per US$ of GDP | 0.1425 BoP, current US$ per US$ of GDP | 0.3761 BoP, current US$ per US$ of GDP | 7 |
Countries ranked near Venezuela
- 173 Kenya 0.2311 BoP, current US$ per US$ of GDP compare
- 174 Papua New Guinea 0.2299 BoP, current US$ per US$ of GDP compare
- 175 Uruguay 0.2286 BoP, current US$ per US$ of GDP compare
- 177 Japan 0.225 BoP, current US$ per US$ of GDP compare
- 178 Sudan 0.224 BoP, current US$ per US$ of GDP compare
- 179 Sri Lanka 0.224 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$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is imports of goods and services (bop, current us$), per unit of gdp in Venezuela?
- Imports of goods and services (bop, current us$), per unit of gdp in Venezuela was 0.2285 BoP, current US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Venezuela?
- The highest recorded value was 0.3858 BoP, current US$ per US$ of GDP in 1978.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Venezuela?
- The lowest recorded value was 0.1346 BoP, current US$ per US$ of GDP in 1983.
- How does Venezuela rank for imports of goods and services (bop, current us$), per unit of gdp?
- Venezuela ranks 176th out of 199 countries with data for 2016.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Venezuela?
- Over the last ten years it is up 6.0%. The long-run trend across the full record is flat.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.