Net secondary income (Net current transfers from abroad) in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Net secondary income (Net current transfers from abroad) was -219.03 million constant LCU in 2012. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Venezuela, Bolivarian Republic of, 1974–2012
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2012, net secondary income (net current transfers from abroad) in Venezuela, Bolivarian Republic of stood at -219.03 million constant LCU.
The figure is down 5.6% on the previous year and down 211.5% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Venezuela, Bolivarian Republic of peaked at 72.01 million constant LCU in 1996 and was at its lowest, -251.36 million constant LCU, in 2007.
That places Venezuela, Bolivarian Republic of 101st out of 125 countries with data for 2012, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Venezuela, Bolivarian Republic of, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1974 | -143.31 million constant LCU | — |
| 1975 | -122.38 million constant LCU | -14.6% |
| 1976 | -156.28 million constant LCU | +27.7% |
| 1977 | -177.03 million constant LCU | +13.3% |
| 1978 | -230.36 million constant LCU | +30.1% |
| 1979 | -201.59 million constant LCU | -12.5% |
| 1980 | -192.72 million constant LCU | -4.4% |
| 1981 | -161.66 million constant LCU | -16.1% |
| 1982 | -238.80 million constant LCU | +47.7% |
| 1983 | -73.26 million constant LCU | -69.3% |
| 1984 | -79.89 million constant LCU | +9.1% |
| 1985 | -68.44 million constant LCU | -14.3% |
| 1986 | -57.40 million constant LCU | -16.1% |
| 1987 | -56.70 million constant LCU | -1.2% |
| 1988 | -73.34 million constant LCU | +29.4% |
| 1989 | -187.64 million constant LCU | +155.8% |
| 1990 | -209.96 million constant LCU | +11.9% |
| 1991 | -230.54 million constant LCU | +9.8% |
| 1992 | -218.53 million constant LCU | -5.2% |
| 1993 | -210.72 million constant LCU | -3.6% |
| 1994 | -49.06 million constant LCU | -76.7% |
| 1995 | 49.43 million constant LCU | -200.8% |
| 1996 | 72.01 million constant LCU | +45.7% |
| 1997 | -47.40 million constant LCU | -165.8% |
| 1998 | -85.68 million constant LCU | +80.8% |
| 1999 | -26.68 million constant LCU | -68.9% |
| 2000 | -64.87 million constant LCU | +143.1% |
| 2001 | -53.30 million constant LCU | -17.8% |
| 2002 | -70.31 million constant LCU | +31.9% |
| 2003 | 9.46 million constant LCU | -113.5% |
| 2004 | -32.42 million constant LCU | -442.7% |
| 2005 | -26.28 million constant LCU | -18.9% |
| 2006 | -29.80 million constant LCU | +13.4% |
| 2007 | -251.36 million constant LCU | +743.5% |
| 2008 | -242.03 million constant LCU | -3.7% |
| 2009 | -138.38 million constant LCU | -42.8% |
| 2010 | -176.50 million constant LCU | +27.5% |
| 2011 | -207.44 million constant LCU | +17.5% |
| 2012 | -219.03 million constant LCU | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -171.82 million constant LCU | -230.36 million constant LCU | -122.38 million constant LCU | 6 |
| 1980s | -118.99 million constant LCU | -238.80 million constant LCU | -56.70 million constant LCU | 10 |
| 1990s | -95.71 million constant LCU | -230.54 million constant LCU | 72.01 million constant LCU | 10 |
| 2000s | -89.93 million constant LCU | -251.36 million constant LCU | 9.46 million constant LCU | 10 |
| 2010s | -200.99 million constant LCU | -219.03 million constant LCU | -176.50 million constant LCU | 3 |
Countries ranked near Venezuela, Bolivarian Republic of
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)
- Services, value added (current US$), annual growth rate -100 % change on previous year (1991)
- Services, value added (current US$), per unit of GDP 0 current US$ per US$ of GDP (2011)
- Services, value added (current US$), per capita 0 current US$ per person (2011)
- Services, value added (current LCU), annual growth rate -100 % change on previous year (1991)
- Services, value added (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Services, value added (current LCU), per capita 0 current LCU per person (2011)
- Services, value added (constant LCU), per capita 1,026 constant LCU per person (2014)
- GDP deflator (base year varies by country), annual growth rate 227.09 % change on previous year (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Venezuela, Bolivarian Republic of?
- Net secondary income (net current transfers from abroad) in Venezuela, Bolivarian Republic of was -219.03 million constant LCU in 2012, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 72.01 million constant LCU in 1996.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -251.36 million constant LCU in 2007.
- How does Venezuela, Bolivarian Republic of rank for net secondary income (net current transfers from abroad)?
- Venezuela, Bolivarian Republic of ranks 101st out of 125 countries with data for 2012.
- Is net secondary income (net current transfers from abroad) rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 211.5%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.