Service exports (BoP, current US$), per unit of GDP in Venezuela
Venezuela: Service exports (BoP, current US$), per unit of GDP was 0.0114 BoP, current US$ per US$ of GDP in 2016. ▼ Falling
Latest (2016)
0.0114 BoP, current US$ per US$ of GDP
Change on year
down 12.8%
World rank
189th
of 199 countries
All-time high
0.0272 BoP, current US$ per US$ of GDP
in 1994
All-time low
0.0047 BoP, current US$ per US$ of GDP
in 2010
Years of data
47
1970–2016
Service exports (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 0.0114 BoP, current US$ per US$ of GDP for service exports (bop, current us$), per unit of gdp in 2016.
Compared with earlier readings it is down 12.8% on the previous year and up 34.8% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Venezuela peaked at 0.0272 BoP, current US$ per US$ of GDP in 1994 and was at its lowest, 0.0047 BoP, current US$ per US$ of GDP, in 2010.
That places Venezuela 189th out of 199 countries with data for 2016, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 47 years of available data.
Service exports (BoP, current US$), per unit of GDP in Venezuela, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.012 BoP, current US$ per US$ of GDP | — |
| 1971 | 0.0114 BoP, current US$ per US$ of GDP | -5.2% |
| 1972 | 0.0114 BoP, current US$ per US$ of GDP | -0.2% |
| 1973 | 0.0145 BoP, current US$ per US$ of GDP | +27.5% |
| 1974 | 0.0125 BoP, current US$ per US$ of GDP | -14.1% |
| 1975 | 0.0135 BoP, current US$ per US$ of GDP | +8.2% |
| 1976 | 0.0109 BoP, current US$ per US$ of GDP | -19.4% |
| 1977 | 0.0139 BoP, current US$ per US$ of GDP | +28.2% |
| 1978 | 0.016 BoP, current US$ per US$ of GDP | +14.9% |
| 1979 | 0.0124 BoP, current US$ per US$ of GDP | -22.5% |
| 1980 | 0.0117 BoP, current US$ per US$ of GDP | -5.5% |
| 1981 | 0.0114 BoP, current US$ per US$ of GDP | -2.6% |
| 1982 | 0.0154 BoP, current US$ per US$ of GDP | +34.7% |
| 1983 | 0.016 BoP, current US$ per US$ of GDP | +4.2% |
| 1984 | 0.0115 BoP, current US$ per US$ of GDP | -28.2% |
| 1985 | 0.0129 BoP, current US$ per US$ of GDP | +11.9% |
| 1986 | 0.0137 BoP, current US$ per US$ of GDP | +6.4% |
| 1987 | 0.018 BoP, current US$ per US$ of GDP | +31.5% |
| 1988 | 0.0139 BoP, current US$ per US$ of GDP | -22.9% |
| 1989 | 0.0214 BoP, current US$ per US$ of GDP | +54.4% |
| 1990 | 0.0244 BoP, current US$ per US$ of GDP | +14.0% |
| 1991 | 0.0231 BoP, current US$ per US$ of GDP | -5.5% |
| 1992 | 0.022 BoP, current US$ per US$ of GDP | -4.8% |
| 1993 | 0.0226 BoP, current US$ per US$ of GDP | +2.7% |
| 1994 | 0.0272 BoP, current US$ per US$ of GDP | +20.6% |
| 1995 | 0.0218 BoP, current US$ per US$ of GDP | -20.0% |
| 1996 | 0.0225 BoP, current US$ per US$ of GDP | +3.4% |
| 1997 | 0.0154 BoP, current US$ per US$ of GDP | -31.8% |
| 1998 | 0.0156 BoP, current US$ per US$ of GDP | +1.8% |
| 1999 | 0.0138 BoP, current US$ per US$ of GDP | -11.4% |
| 2000 | 0.0101 BoP, current US$ per US$ of GDP | -26.9% |
| 2001 | 0.0112 BoP, current US$ per US$ of GDP | +10.9% |
| 2002 | 0.0109 BoP, current US$ per US$ of GDP | -2.5% |
| 2003 | 0.0105 BoP, current US$ per US$ of GDP | -3.7% |
| 2004 | 0.0099 BoP, current US$ per US$ of GDP | -5.7% |
| 2005 | 0.0093 BoP, current US$ per US$ of GDP | -7.0% |
| 2006 | 0.0084 BoP, current US$ per US$ of GDP | -8.8% |
| 2007 | 0.0081 BoP, current US$ per US$ of GDP | -3.8% |
| 2008 | 0.0069 BoP, current US$ per US$ of GDP | -14.7% |
| 2009 | 0.0065 BoP, current US$ per US$ of GDP | -6.1% |
| 2010 | 0.0047 BoP, current US$ per US$ of GDP | -27.7% |
| 2011 | 0.006 BoP, current US$ per US$ of GDP | +28.5% |
| 2012 | 0.0058 BoP, current US$ per US$ of GDP | -3.8% |
| 2013 | 0.0086 BoP, current US$ per US$ of GDP | +47.6% |
| 2014 | 0.0099 BoP, current US$ per US$ of GDP | +15.7% |
| 2015 | 0.0131 BoP, current US$ per US$ of GDP | +31.7% |
| 2016 | 0.0114 BoP, current US$ per US$ of GDP | -12.8% |
Venezuela compared with similar countries
- Venezuela's 0.0114 BoP, current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0631 BoP, current US$ per US$ of GDP, 18% of the median. (47 countries reporting)
- Venezuela's 0.0114 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.1133 BoP, current US$ per US$ of GDP, 10% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0128 BoP, current US$ per US$ of GDP | 0.0109 BoP, current US$ per US$ of GDP | 0.016 BoP, current US$ per US$ of GDP | 10 |
| 1980s | 0.0146 BoP, current US$ per US$ of GDP | 0.0114 BoP, current US$ per US$ of GDP | 0.0214 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0208 BoP, current US$ per US$ of GDP | 0.0138 BoP, current US$ per US$ of GDP | 0.0272 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0092 BoP, current US$ per US$ of GDP | 0.0065 BoP, current US$ per US$ of GDP | 0.0112 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0085 BoP, current US$ per US$ of GDP | 0.0047 BoP, current US$ per US$ of GDP | 0.0131 BoP, current US$ per US$ of GDP | 7 |
Countries ranked near Venezuela
- 186 Cote d'Ivoire 0.0139 BoP, current US$ per US$ of GDP compare
- 187 Iran 0.0126 BoP, current US$ per US$ of GDP compare
- 188 Niger 0.0126 BoP, current US$ per US$ of GDP compare
- 190 Zimbabwe 0.011 BoP, current US$ per US$ of GDP compare
- 191 Tajikistan 0.0095 BoP, current US$ per US$ of GDP compare
- 192 Liberia 0.0089 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$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is service exports (bop, current us$), per unit of gdp in Venezuela?
- Service exports (bop, current us$), per unit of gdp in Venezuela was 0.0114 BoP, current US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Venezuela?
- The highest recorded value was 0.0272 BoP, current US$ per US$ of GDP in 1994.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Venezuela?
- The lowest recorded value was 0.0047 BoP, current US$ per US$ of GDP in 2010.
- How does Venezuela rank for service exports (bop, current us$), per unit of gdp?
- Venezuela ranks 189th out of 199 countries with data for 2016.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Venezuela?
- Over the last ten years it is up 34.8%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.