Imports of goods and services in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Imports of goods and services was 25.81 billion BoP, current US$ in 2016. ◆ Volatile
Imports of goods and services in Venezuela, Bolivarian Republic of, 1970–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Venezuela, Bolivarian Republic of recorded 25.81 billion BoP, current US$ for imports of goods and services in 2016.
Compared with earlier readings it is down 45.2% on the previous year and down 34.7% over ten years.
Over the whole period, imports of goods and services in Venezuela, Bolivarian Republic of peaked at 85.34 billion BoP, current US$ in 2012 and was at its lowest, 2.24 billion BoP, current US$, in 1970.
That places Venezuela, Bolivarian Republic of 84th out of 200 countries with data for 2016, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Venezuela, Bolivarian Republic of, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1970 | 2.24 billion BoP, current US$ | — |
| 1971 | 2.49 billion BoP, current US$ | +11.3% |
| 1972 | 2.89 billion BoP, current US$ | +15.9% |
| 1973 | 3.37 billion BoP, current US$ | +16.9% |
| 1974 | 5.02 billion BoP, current US$ | +48.8% |
| 1975 | 7.11 billion BoP, current US$ | +41.6% |
| 1976 | 9.40 billion BoP, current US$ | +32.3% |
| 1977 | 13.15 billion BoP, current US$ | +39.8% |
| 1978 | 15.17 billion BoP, current US$ | +15.4% |
| 1979 | 14.20 billion BoP, current US$ | -6.4% |
| 1980 | 15.13 billion BoP, current US$ | +6.6% |
| 1981 | 17.10 billion BoP, current US$ | +13.0% |
| 1982 | 19.63 billion BoP, current US$ | +14.8% |
| 1983 | 9.09 billion BoP, current US$ | -53.7% |
| 1984 | 9.88 billion BoP, current US$ | +8.7% |
| 1985 | 9.54 billion BoP, current US$ | -3.4% |
| 1986 | 10.01 billion BoP, current US$ | +4.9% |
| 1987 | 11.11 billion BoP, current US$ | +10.9% |
| 1988 | 14.94 billion BoP, current US$ | +34.5% |
| 1989 | 9.28 billion BoP, current US$ | -37.9% |
| 1990 | 9.45 billion BoP, current US$ | +1.9% |
| 1991 | 13.69 billion BoP, current US$ | +44.9% |
| 1992 | 17.14 billion BoP, current US$ | +25.2% |
| 1993 | 16.03 billion BoP, current US$ | -6.5% |
| 1994 | 13.15 billion BoP, current US$ | -17.9% |
| 1995 | 16.91 billion BoP, current US$ | +28.5% |
| 1996 | 14.78 billion BoP, current US$ | -12.6% |
| 1997 | 18.84 billion BoP, current US$ | +27.5% |
| 1998 | 20.83 billion BoP, current US$ | +10.6% |
| 1999 | 18.68 billion BoP, current US$ | -10.3% |
| 2000 | 21.30 billion BoP, current US$ | +14.0% |
| 2001 | 23.89 billion BoP, current US$ | +12.2% |
| 2002 | 17.28 billion BoP, current US$ | -27.7% |
| 2003 | 13.99 billion BoP, current US$ | -19.0% |
| 2004 | 21.52 billion BoP, current US$ | +53.8% |
| 2005 | 29.35 billion BoP, current US$ | +36.4% |
| 2006 | 39.54 billion BoP, current US$ | +34.7% |
| 2007 | 58.37 billion BoP, current US$ | +47.6% |
| 2008 | 64.44 billion BoP, current US$ | +10.4% |
| 2009 | 54.93 billion BoP, current US$ | -14.8% |
| 2010 | 56.04 billion BoP, current US$ | +2.0% |
| 2011 | 69.43 billion BoP, current US$ | +23.9% |
| 2012 | 85.34 billion BoP, current US$ | +22.9% |
| 2013 | 76.44 billion BoP, current US$ | -10.4% |
| 2014 | 64.25 billion BoP, current US$ | -15.9% |
| 2015 | 47.10 billion BoP, current US$ | -26.7% |
| 2016 | 25.81 billion BoP, current US$ | -45.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.50 billion BoP, current US$ | 2.24 billion BoP, current US$ | 15.17 billion BoP, current US$ | 10 |
| 1980s | 12.57 billion BoP, current US$ | 9.09 billion BoP, current US$ | 19.63 billion BoP, current US$ | 10 |
| 1990s | 15.95 billion BoP, current US$ | 9.45 billion BoP, current US$ | 20.83 billion BoP, current US$ | 10 |
| 2000s | 34.46 billion BoP, current US$ | 13.99 billion BoP, current US$ | 64.44 billion BoP, current US$ | 10 |
| 2010s | 60.63 billion BoP, current US$ | 25.81 billion BoP, current US$ | 85.34 billion BoP, current US$ | 7 |
Countries ranked near Venezuela, Bolivarian Republic of
- 81 Jordan 30.45 billion BoP, current US$ compare
- 82 Azerbaijan 27.95 billion BoP, current US$ compare
- 83 Kenya 27.82 billion BoP, current US$ compare
- 85 Ethiopia 25.14 billion BoP, current US$ compare
- 86 Malta 24.96 billion BoP, current US$ compare
- 87 Macau, China 24.68 billion BoP, current US$ compare
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)
- Gross capital formation (current US$), annual growth rate 0.7182 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.0593 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 207.15 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 304.81 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 9.81 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 34,274 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -3.39 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.0284 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods and services in Venezuela, Bolivarian Republic of?
- Imports of goods and services in Venezuela, Bolivarian Republic of was 25.81 billion BoP, current US$ in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 85.34 billion BoP, current US$ in 2012.
- What is the lowest imports of goods and services recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 2.24 billion BoP, current US$ in 1970.
- How does Venezuela, Bolivarian Republic of rank for imports of goods and services?
- Venezuela, Bolivarian Republic of ranks 84th out of 200 countries with data for 2016.
- Is imports of goods and services rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 34.7%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.