Personal remittances, paid (current US$), per unit of GDP in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Personal remittances, paid (current US$), per unit of GDP was 0.0005 current US$ per US$ of GDP in 2016. ◆ Volatile
Personal remittances, paid (current US$), per unit of GDP in Venezuela, Bolivarian Republic of, 1970–2016
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2016, personal remittances, paid (current us$), per unit of gdp in Venezuela, Bolivarian Republic of stood at 0.0005 current US$ per US$ of GDP. That is the lowest value across all 47 years on record.
That represents a change of down 43.0% on the previous year and down 65.9% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Venezuela, Bolivarian Republic of peaked at 0.0144 current US$ per US$ of GDP in 1990 and was at its lowest, 0.0005 current US$ per US$ of GDP, in 2016.
That places Venezuela, Bolivarian Republic of 187th out of 195 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$), per unit of GDP in Venezuela, Bolivarian Republic of, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0075 current US$ per US$ of GDP | — |
| 1971 | 0.0062 current US$ per US$ of GDP | -18.1% |
| 1972 | 0.0064 current US$ per US$ of GDP | +4.5% |
| 1973 | 0.0062 current US$ per US$ of GDP | -3.4% |
| 1974 | 0.0052 current US$ per US$ of GDP | -16.3% |
| 1975 | 0.0052 current US$ per US$ of GDP | +0.6% |
| 1976 | 0.0054 current US$ per US$ of GDP | +3.2% |
| 1977 | 0.0064 current US$ per US$ of GDP | +18.4% |
| 1978 | 0.0095 current US$ per US$ of GDP | +47.7% |
| 1979 | 0.0081 current US$ per US$ of GDP | -14.9% |
| 1980 | 0.0071 current US$ per US$ of GDP | -12.2% |
| 1981 | 0.0058 current US$ per US$ of GDP | -18.3% |
| 1982 | 0.0091 current US$ per US$ of GDP | +57.2% |
| 1983 | 0.0028 current US$ per US$ of GDP | -69.5% |
| 1984 | 0.0035 current US$ per US$ of GDP | +25.5% |
| 1985 | 0.0035 current US$ per US$ of GDP | +0.8% |
| 1986 | 0.0031 current US$ per US$ of GDP | -12.7% |
| 1987 | 0.0045 current US$ per US$ of GDP | +46.4% |
| 1988 | 0.0035 current US$ per US$ of GDP | -21.7% |
| 1989 | 0.0085 current US$ per US$ of GDP | +141.3% |
| 1990 | 0.0144 current US$ per US$ of GDP | +70.6% |
| 1991 | 0.0127 current US$ per US$ of GDP | -12.2% |
| 1992 | 0.0142 current US$ per US$ of GDP | +12.1% |
| 1993 | 0.0121 current US$ per US$ of GDP | -14.5% |
| 1994 | 0.0104 current US$ per US$ of GDP | -14.1% |
| 1995 | 0.0026 current US$ per US$ of GDP | -74.8% |
| 1996 | 0.0041 current US$ per US$ of GDP | +56.7% |
| 1997 | 0.0025 current US$ per US$ of GDP | -40.2% |
| 1998 | 0.0029 current US$ per US$ of GDP | +16.2% |
| 1999 | 0.002 current US$ per US$ of GDP | -30.3% |
| 2000 | 0.0028 current US$ per US$ of GDP | +42.0% |
| 2001 | 0.0033 current US$ per US$ of GDP | +16.9% |
| 2002 | 0.0041 current US$ per US$ of GDP | +24.8% |
| 2003 | 0.0025 current US$ per US$ of GDP | -39.4% |
| 2004 | 0.0019 current US$ per US$ of GDP | -23.9% |
| 2005 | 0.0015 current US$ per US$ of GDP | -23.8% |
| 2006 | 0.0014 current US$ per US$ of GDP | -3.4% |
| 2007 | 0.0029 current US$ per US$ of GDP | +105.2% |
| 2008 | 0.0027 current US$ per US$ of GDP | -7.4% |
| 2009 | 0.0018 current US$ per US$ of GDP | -33.7% |
| 2010 | 0.002 current US$ per US$ of GDP | +16.0% |
| 2011 | 0.0025 current US$ per US$ of GDP | +20.7% |
| 2012 | 0.0024 current US$ per US$ of GDP | -2.2% |
| 2013 | 0.0043 current US$ per US$ of GDP | +78.7% |
| 2014 | 0.0009 current US$ per US$ of GDP | -79.2% |
| 2015 | 0.0008 current US$ per US$ of GDP | -6.7% |
| 2016 | 0.0005 current US$ per US$ of GDP | -43.0% |
Venezuela, Bolivarian Republic of compared with similar countries
- Venezuela, Bolivarian Republic of's 0.0005 current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0053 current US$ per US$ of GDP, 9% of the median. (47 countries reporting)
- Venezuela, Bolivarian Republic of's 0.0005 current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0083 current US$ per US$ of GDP, 6% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0066 current US$ per US$ of GDP | 0.0052 current US$ per US$ of GDP | 0.0095 current US$ per US$ of GDP | 10 |
| 1980s | 0.0051 current US$ per US$ of GDP | 0.0028 current US$ per US$ of GDP | 0.0091 current US$ per US$ of GDP | 10 |
| 1990s | 0.0078 current US$ per US$ of GDP | 0.002 current US$ per US$ of GDP | 0.0144 current US$ per US$ of GDP | 10 |
| 2000s | 0.0025 current US$ per US$ of GDP | 0.0014 current US$ per US$ of GDP | 0.0041 current US$ per US$ of GDP | 10 |
| 2010s | 0.0019 current US$ per US$ of GDP | 0.0005 current US$ per US$ of GDP | 0.0043 current US$ per US$ of GDP | 7 |
Countries ranked near Venezuela, Bolivarian Republic of
- 184 Mexico 0.0006 current US$ per US$ of GDP compare
- 185 Philippines 0.0006 current US$ per US$ of GDP compare
- 186 Algeria 0.0005 current US$ per US$ of GDP compare
- 188 Ethiopia 0.0005 current US$ per US$ of GDP compare
- 189 Spain 0.0004 current US$ per US$ of GDP compare
- 190 Nigeria 0.0004 current US$ per US$ of GDP 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)
- 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$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is personal remittances, paid (current us$), per unit of gdp in Venezuela, Bolivarian Republic of?
- Personal remittances, paid (current us$), per unit of gdp in Venezuela, Bolivarian Republic of was 0.0005 current US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 0.0144 current US$ per US$ of GDP in 1990.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.0005 current US$ per US$ of GDP in 2016.
- How does Venezuela, Bolivarian Republic of rank for personal remittances, paid (current us$), per unit of gdp?
- Venezuela, Bolivarian Republic of ranks 187th out of 195 countries with data for 2016.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 65.9%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.