Net errors and omissions (BoP, current US$), annual growth rate in Venezuela
Venezuela: Net errors and omissions (BoP, current US$), annual growth rate was -24.07 % change on previous year in 2016. ◆ Volatile
Net errors and omissions (BoP, current US$), annual growth rate in Venezuela, 1971–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Venezuela recorded -24.07 % change on previous year for net errors and omissions (bop, current us$), annual growth rate in 2016.
That represents a change of down 180.1% on the previous year and down 162.6% over ten years.
Over the whole period, net errors and omissions (bop, current us$), annual growth rate in Venezuela peaked at 851.83 % change on previous year in 1988 and was at its lowest, -447.94 % change on previous year, in 2000.
Venezuela ranks 111th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$), annual growth rate in Venezuela, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -207.25 % change on previous year | — |
| 1972 | 771.62 % change on previous year | -472.3% |
| 1973 | -195.57 % change on previous year | -125.3% |
| 1974 | 1.47 % change on previous year | -100.8% |
| 1975 | 187.18 % change on previous year | +12601.5% |
| 1976 | 393.14 % change on previous year | +110.0% |
| 1977 | 13.97 % change on previous year | -96.4% |
| 1978 | -33.23 % change on previous year | -337.9% |
| 1979 | -65.58 % change on previous year | +97.3% |
| 1980 | -315.75 % change on previous year | +381.5% |
| 1981 | -88.13 % change on previous year | -72.1% |
| 1982 | -11.5 % change on previous year | -86.9% |
| 1983 | 88.34 % change on previous year | -868.2% |
| 1984 | -285.25 % change on previous year | -422.9% |
| 1985 | 15.03 % change on previous year | -105.3% |
| 1986 | 6.59 % change on previous year | -56.1% |
| 1987 | 51.65 % change on previous year | +683.3% |
| 1988 | 851.83 % change on previous year | +1549.3% |
| 1989 | -47.48 % change on previous year | -105.6% |
| 1990 | -208.44 % change on previous year | +339.0% |
| 1991 | 13.86 % change on previous year | -106.7% |
| 1992 | 67.41 % change on previous year | +386.3% |
| 1993 | -8.91 % change on previous year | -113.2% |
| 1994 | 47.77 % change on previous year | -636.3% |
| 1995 | -75.44 % change on previous year | -257.9% |
| 1996 | -80.93 % change on previous year | +7.3% |
| 1997 | -70.4 % change on previous year | -13.0% |
| 1998 | -9.34 % change on previous year | -86.7% |
| 1999 | 67.87 % change on previous year | -826.5% |
| 2000 | -447.94 % change on previous year | -760.0% |
| 2001 | -23.14 % change on previous year | -94.8% |
| 2002 | 22.76 % change on previous year | -198.4% |
| 2003 | 71.43 % change on previous year | +213.9% |
| 2004 | -214.84 % change on previous year | -400.8% |
| 2005 | -43.55 % change on previous year | -79.7% |
| 2006 | 38.46 % change on previous year | -188.3% |
| 2007 | 64.27 % change on previous year | +67.1% |
| 2008 | -141.52 % change on previous year | -320.2% |
| 2009 | -46.96 % change on previous year | -66.8% |
| 2010 | -33.02 % change on previous year | -29.7% |
| 2011 | 60.29 % change on previous year | -282.6% |
| 2012 | -43.28 % change on previous year | -171.8% |
| 2013 | -61.07 % change on previous year | +41.1% |
| 2014 | 5.82 % change on previous year | -109.5% |
| 2015 | 30.04 % change on previous year | +416.0% |
| 2016 | -24.07 % change on previous year | -180.1% |
Venezuela compared with similar countries
- Venezuela's -24.07 % change on previous year is below the median for lower middle income countries, which is 9.65 % change on previous year. (47 countries reporting)
- Venezuela's -24.07 % change on previous year is below the median for Latin America & Caribbean, which is 9.74 % change on previous year. (36 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions (BoP, current US$), annual growth rate in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +12601.5% | 1.47 % change on previous year | 187.18 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 96.19 % change on previous year | -207.25 % change on previous year | 771.62 % change on previous year | 9 |
| 1980s | 26.53 % change on previous year | -315.75 % change on previous year | 851.83 % change on previous year | 10 |
| 1990s | -25.66 % change on previous year | -208.44 % change on previous year | 67.87 % change on previous year | 10 |
| 2000s | -72.1 % change on previous year | -447.94 % change on previous year | 71.43 % change on previous year | 10 |
| 2010s | -9.33 % change on previous year | -61.07 % change on previous year | 60.29 % change on previous year | 7 |
Countries ranked near Venezuela
- 108 Burkina Faso -12.37 % change on previous year compare
- 109 Gambia -15.17 % change on previous year compare
- 110 Indonesia -21.36 % change on previous year compare
- 112 Togo -24.88 % change on previous year compare
- 113 Mexico -25.47 % change on previous year compare
- 114 Curacao -26.1 % change on previous year compare
More economy & growth data for Venezuela
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is net errors and omissions (bop, current us$), annual growth rate in Venezuela?
- Net errors and omissions (bop, current us$), annual growth rate in Venezuela was -24.07 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest net errors and omissions (bop, current us$), annual growth rate recorded in Venezuela?
- The highest recorded value was 851.83 % change on previous year in 1988.
- What is the lowest net errors and omissions (bop, current us$), annual growth rate recorded in Venezuela?
- The lowest recorded value was -447.94 % change on previous year in 2000.
- How does Venezuela rank for net errors and omissions (bop, current us$), annual growth rate?
- Venezuela ranks 111th out of 197 countries with data for 2016.
- Is net errors and omissions (bop, current us$), annual growth rate rising or falling in Venezuela?
- Over the last ten years it is down 162.6%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Net errors and omissions (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net errors and omissions Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.