Primary income payments (BoP, current US$), per unit of GDP in Venezuela
Venezuela: Primary income payments (BoP, current US$), per unit of GDP was 0.0666 BoP, current US$ per US$ of GDP in 2016. ▬ Flat
Primary income payments (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 0.0666 BoP, current US$ per US$ of GDP for primary income payments (bop, current us$), per unit of gdp in 2016.
Compared with earlier readings it is down 2.0% on the previous year and up 31.9% over ten years.
Over the whole period, primary income payments (bop, current us$), per unit of gdp in Venezuela peaked at 0.0907 BoP, current US$ per US$ of GDP in 1989 and was at its lowest, 0.0154 BoP, current US$ per US$ of GDP, in 1976.
Venezuela ranks 74th of 199 countries on this measure, in the middle of the range.
Primary income payments (BoP, current US$), per unit of GDP in Venezuela, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0525 BoP, current US$ per US$ of GDP | — |
| 1971 | 0.0598 BoP, current US$ per US$ of GDP | +14.0% |
| 1972 | 0.0384 BoP, current US$ per US$ of GDP | -35.8% |
| 1973 | 0.0538 BoP, current US$ per US$ of GDP | +40.1% |
| 1974 | 0.038 BoP, current US$ per US$ of GDP | -29.3% |
| 1975 | 0.0233 BoP, current US$ per US$ of GDP | -38.7% |
| 1976 | 0.0154 BoP, current US$ per US$ of GDP | -33.8% |
| 1977 | 0.0192 BoP, current US$ per US$ of GDP | +24.2% |
| 1978 | 0.0258 BoP, current US$ per US$ of GDP | +34.6% |
| 1979 | 0.0279 BoP, current US$ per US$ of GDP | +8.3% |
| 1980 | 0.0327 BoP, current US$ per US$ of GDP | +17.2% |
| 1981 | 0.0453 BoP, current US$ per US$ of GDP | +38.5% |
| 1982 | 0.0605 BoP, current US$ per US$ of GDP | +33.3% |
| 1983 | 0.0535 BoP, current US$ per US$ of GDP | -11.5% |
| 1984 | 0.0695 BoP, current US$ per US$ of GDP | +29.9% |
| 1985 | 0.0669 BoP, current US$ per US$ of GDP | -3.7% |
| 1986 | 0.0556 BoP, current US$ per US$ of GDP | -17.0% |
| 1987 | 0.064 BoP, current US$ per US$ of GDP | +15.2% |
| 1988 | 0.0569 BoP, current US$ per US$ of GDP | -11.2% |
| 1989 | 0.0907 BoP, current US$ per US$ of GDP | +59.6% |
| 1990 | 0.0706 BoP, current US$ per US$ of GDP | -22.2% |
| 1991 | 0.0517 BoP, current US$ per US$ of GDP | -26.7% |
| 1992 | 0.0555 BoP, current US$ per US$ of GDP | +7.3% |
| 1993 | 0.0552 BoP, current US$ per US$ of GDP | -0.5% |
| 1994 | 0.0604 BoP, current US$ per US$ of GDP | +9.5% |
| 1995 | 0.0492 BoP, current US$ per US$ of GDP | -18.5% |
| 1996 | 0.0468 BoP, current US$ per US$ of GDP | -4.9% |
| 1997 | 0.0575 BoP, current US$ per US$ of GDP | +22.8% |
| 1998 | 0.0549 BoP, current US$ per US$ of GDP | -4.6% |
| 1999 | 0.038 BoP, current US$ per US$ of GDP | -30.7% |
| 2000 | 0.0379 BoP, current US$ per US$ of GDP | -0.4% |
| 2001 | 0.0376 BoP, current US$ per US$ of GDP | -0.7% |
| 2002 | 0.0455 BoP, current US$ per US$ of GDP | +21.1% |
| 2003 | 0.0486 BoP, current US$ per US$ of GDP | +6.8% |
| 2004 | 0.0509 BoP, current US$ per US$ of GDP | +4.7% |
| 2005 | 0.0437 BoP, current US$ per US$ of GDP | -14.2% |
| 2006 | 0.0505 BoP, current US$ per US$ of GDP | +15.8% |
| 2007 | 0.0418 BoP, current US$ per US$ of GDP | -17.3% |
| 2008 | 0.0288 BoP, current US$ per US$ of GDP | -31.0% |
| 2009 | 0.0211 BoP, current US$ per US$ of GDP | -27.0% |
| 2010 | 0.0202 BoP, current US$ per US$ of GDP | -3.9% |
| 2011 | 0.0351 BoP, current US$ per US$ of GDP | +73.3% |
| 2012 | 0.0346 BoP, current US$ per US$ of GDP | -1.3% |
| 2013 | 0.0423 BoP, current US$ per US$ of GDP | +22.1% |
| 2014 | 0.043 BoP, current US$ per US$ of GDP | +1.8% |
| 2015 | 0.068 BoP, current US$ per US$ of GDP | +58.0% |
| 2016 | 0.0666 BoP, current US$ per US$ of GDP | -2.0% |
Venezuela compared with similar countries
- Venezuela's 0.0666 BoP, current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0412 BoP, current US$ per US$ of GDP, 1.6× the median. (47 countries reporting)
- Venezuela's 0.0666 BoP, current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.0565 BoP, current US$ per US$ of GDP, 1.2× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0354 BoP, current US$ per US$ of GDP | 0.0154 BoP, current US$ per US$ of GDP | 0.0598 BoP, current US$ per US$ of GDP | 10 |
| 1980s | 0.0596 BoP, current US$ per US$ of GDP | 0.0327 BoP, current US$ per US$ of GDP | 0.0907 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.054 BoP, current US$ per US$ of GDP | 0.038 BoP, current US$ per US$ of GDP | 0.0706 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0406 BoP, current US$ per US$ of GDP | 0.0211 BoP, current US$ per US$ of GDP | 0.0509 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0443 BoP, current US$ per US$ of GDP | 0.0202 BoP, current US$ per US$ of GDP | 0.068 BoP, current US$ per US$ of GDP | 7 |
Countries ranked near Venezuela
- 71 New Zealand 0.0683 BoP, current US$ per US$ of GDP compare
- 72 Oman 0.0678 BoP, current US$ per US$ of GDP compare
- 73 Lithuania 0.0674 BoP, current US$ per US$ of GDP compare
- 75 Seychelles 0.066 BoP, current US$ per US$ of GDP compare
- 76 Papua New Guinea 0.065 BoP, current US$ per US$ of GDP compare
- 77 Azerbaijan 0.0644 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$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is primary income payments (bop, current us$), per unit of gdp in Venezuela?
- Primary income payments (bop, current us$), per unit of gdp in Venezuela was 0.0666 BoP, current US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest primary income payments (bop, current us$), per unit of gdp recorded in Venezuela?
- The highest recorded value was 0.0907 BoP, current US$ per US$ of GDP in 1989.
- What is the lowest primary income payments (bop, current us$), per unit of gdp recorded in Venezuela?
- The lowest recorded value was 0.0154 BoP, current US$ per US$ of GDP in 1976.
- How does Venezuela rank for primary income payments (bop, current us$), per unit of gdp?
- Venezuela ranks 74th out of 199 countries with data for 2016.
- Is primary income payments (bop, current us$), per unit of gdp rising or falling in Venezuela?
- Over the last ten years it is up 31.9%. 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 Primary income payments (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Primary income payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Primary income payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.