Primary income payments in Venezuela (Bolivarian Republic of)
Venezuela (Bolivarian Republic of): Primary income payments was 7.53 billion BoP, current US$ in 2016. ◆ Volatile
Primary income payments 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$.
Analysis
Venezuela (Bolivarian Republic of) recorded 7.53 billion BoP, current US$ for primary income payments in 2016.
That represents a change of down 11.6% on the previous year and down 18.8% over ten years.
Over the whole period, primary income payments in Venezuela (Bolivarian Republic of) peaked at 12.88 billion BoP, current US$ in 2012 and was at its lowest, 485.00 million BoP, current US$, in 1976.
Venezuela (Bolivarian Republic of) ranks 66th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 801.30 million BoP, current US$ | 485.00 million BoP, current US$ | 1.35 billion BoP, current US$ | 10 |
| 1980s | 3.48 billion BoP, current US$ | 1.94 billion BoP, current US$ | 4.16 billion BoP, current US$ | 10 |
| 1990s | 3.72 billion BoP, current US$ | 2.77 billion BoP, current US$ | 5.01 billion BoP, current US$ | 10 |
| 2000s | 6.44 billion BoP, current US$ | 4.07 billion BoP, current US$ | 9.62 billion BoP, current US$ | 10 |
| 2010s | 9.74 billion BoP, current US$ | 7.53 billion BoP, current US$ | 12.88 billion BoP, current US$ | 7 |
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)
- Taxes less subsidies on products (current US$), annual growth rate -100 % change on previous year (1991)
- Taxes less subsidies on products (current US$), per unit of GDP 0 current US$ per US$ of GDP (2011)
- Taxes less subsidies on products (current US$), per capita 0 current US$ per person (2011)
- Taxes less subsidies on products (current LCU), annual growth rate -100 % change on previous year (1991)
- Taxes less subsidies on products (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Taxes less subsidies on products (current LCU), per capita 0 current LCU per person (2011)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0704 (2017)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 14.21 (2017)
Frequently asked questions
- What is primary income payments in Venezuela (Bolivarian Republic of)?
- Primary income payments in Venezuela (Bolivarian Republic of) was 7.53 billion BoP, current US$ in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Venezuela (Bolivarian Republic of)?
- The highest recorded value was 12.88 billion BoP, current US$ in 2012.
- What is the lowest primary income payments recorded in Venezuela (Bolivarian Republic of)?
- The lowest recorded value was 485.00 million BoP, current US$ in 1976.
- How does Venezuela (Bolivarian Republic of) rank for primary income payments?
- Venezuela (Bolivarian Republic of) ranks 66th out of 199 countries with data for 2016.
- Is primary income payments rising or falling in Venezuela (Bolivarian Republic of)?
- Over the last ten years it is down 18.8%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.