Service imports (BoP, current US$), per unit of GDP in Venezuela
Venezuela: Service imports (BoP, current US$), per unit of GDP was 0.0839 BoP, current US$ per US$ of GDP in 2016. ▬ Flat
Latest (2016)
0.0839 BoP, current US$ per US$ of GDP
Change on year
down 24.0%
World rank
117th
of 199 countries
All-time high
0.1104 BoP, current US$ per US$ of GDP
in 2015
All-time low
0.0326 BoP, current US$ per US$ of GDP
in 2006
Years of data
47
1970–2016
Service imports (BoP, current US$), per unit of GDP in Venezuela, 1970–2016
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2016, service imports (bop, current us$), per unit of gdp in Venezuela stood at 0.0839 BoP, current US$ per US$ of GDP.
The figure is down 24.0% on the previous year and up 156.9% over ten years.
Over the whole period, service imports (bop, current us$), per unit of gdp in Venezuela peaked at 0.1104 BoP, current US$ per US$ of GDP in 2015 and was at its lowest, 0.0326 BoP, current US$ per US$ of GDP, in 2006.
Venezuela ranks 117th of 199 countries on this measure, in the middle of the range.
Service imports (BoP, current US$), per unit of GDP in Venezuela, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0454 BoP, current US$ per US$ of GDP | — |
| 1971 | 0.0457 BoP, current US$ per US$ of GDP | +0.7% |
| 1972 | 0.0476 BoP, current US$ per US$ of GDP | +4.0% |
| 1973 | 0.0439 BoP, current US$ per US$ of GDP | -7.7% |
| 1974 | 0.0438 BoP, current US$ per US$ of GDP | -0.3% |
| 1975 | 0.0599 BoP, current US$ per US$ of GDP | +36.9% |
| 1976 | 0.0658 BoP, current US$ per US$ of GDP | +9.8% |
| 1977 | 0.0816 BoP, current US$ per US$ of GDP | +24.0% |
| 1978 | 0.1001 BoP, current US$ per US$ of GDP | +22.6% |
| 1979 | 0.0868 BoP, current US$ per US$ of GDP | -13.2% |
| 1980 | 0.0719 BoP, current US$ per US$ of GDP | -17.1% |
| 1981 | 0.0751 BoP, current US$ per US$ of GDP | +4.4% |
| 1982 | 0.0893 BoP, current US$ per US$ of GDP | +19.0% |
| 1983 | 0.0397 BoP, current US$ per US$ of GDP | -55.6% |
| 1984 | 0.044 BoP, current US$ per US$ of GDP | +10.8% |
| 1985 | 0.033 BoP, current US$ per US$ of GDP | -25.0% |
| 1986 | 0.0355 BoP, current US$ per US$ of GDP | +7.7% |
| 1987 | 0.0466 BoP, current US$ per US$ of GDP | +31.3% |
| 1988 | 0.0475 BoP, current US$ per US$ of GDP | +2.0% |
| 1989 | 0.0446 BoP, current US$ per US$ of GDP | -6.1% |
| 1990 | 0.0533 BoP, current US$ per US$ of GDP | +19.3% |
| 1991 | 0.0654 BoP, current US$ per US$ of GDP | +22.8% |
| 1992 | 0.0718 BoP, current US$ per US$ of GDP | +9.8% |
| 1993 | 0.0761 BoP, current US$ per US$ of GDP | +6.0% |
| 1994 | 0.0809 BoP, current US$ per US$ of GDP | +6.3% |
| 1995 | 0.0633 BoP, current US$ per US$ of GDP | -21.8% |
| 1996 | 0.0694 BoP, current US$ per US$ of GDP | +9.7% |
| 1997 | 0.0459 BoP, current US$ per US$ of GDP | -33.9% |
| 1998 | 0.046 BoP, current US$ per US$ of GDP | +0.3% |
| 1999 | 0.0441 BoP, current US$ per US$ of GDP | -4.1% |
| 2000 | 0.0381 BoP, current US$ per US$ of GDP | -13.7% |
| 2001 | 0.0381 BoP, current US$ per US$ of GDP | +0.1% |
| 2002 | 0.0423 BoP, current US$ per US$ of GDP | +10.9% |
| 2003 | 0.0421 BoP, current US$ per US$ of GDP | -0.5% |
| 2004 | 0.0401 BoP, current US$ per US$ of GDP | -4.8% |
| 2005 | 0.0367 BoP, current US$ per US$ of GDP | -8.3% |
| 2006 | 0.0326 BoP, current US$ per US$ of GDP | -11.1% |
| 2007 | 0.0478 BoP, current US$ per US$ of GDP | +46.3% |
| 2008 | 0.042 BoP, current US$ per US$ of GDP | -12.1% |
| 2009 | 0.0405 BoP, current US$ per US$ of GDP | -3.7% |
| 2010 | 0.0365 BoP, current US$ per US$ of GDP | -9.9% |
| 2011 | 0.0534 BoP, current US$ per US$ of GDP | +46.4% |
| 2012 | 0.0522 BoP, current US$ per US$ of GDP | -2.1% |
| 2013 | 0.0746 BoP, current US$ per US$ of GDP | +42.8% |
| 2014 | 0.0793 BoP, current US$ per US$ of GDP | +6.2% |
| 2015 | 0.1104 BoP, current US$ per US$ of GDP | +39.3% |
| 2016 | 0.0839 BoP, current US$ per US$ of GDP | -24.0% |
Venezuela compared with similar countries
- Venezuela's 0.0839 BoP, current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0787 BoP, current US$ per US$ of GDP, 1.1× the median. (47 countries reporting)
- Venezuela's 0.0839 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.1035 BoP, current US$ per US$ of GDP, 81% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0621 BoP, current US$ per US$ of GDP | 0.0438 BoP, current US$ per US$ of GDP | 0.1001 BoP, current US$ per US$ of GDP | 10 |
| 1980s | 0.0527 BoP, current US$ per US$ of GDP | 0.033 BoP, current US$ per US$ of GDP | 0.0893 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0616 BoP, current US$ per US$ of GDP | 0.0441 BoP, current US$ per US$ of GDP | 0.0809 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.04 BoP, current US$ per US$ of GDP | 0.0326 BoP, current US$ per US$ of GDP | 0.0478 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.07 BoP, current US$ per US$ of GDP | 0.0365 BoP, current US$ per US$ of GDP | 0.1104 BoP, current US$ per US$ of GDP | 7 |
Countries ranked near Venezuela
- 114 Portugal 0.089 BoP, current US$ per US$ of GDP compare
- 115 Israel 0.0871 BoP, current US$ per US$ of GDP compare
- 116 Costa Rica 0.0839 BoP, current US$ per US$ of GDP compare
- 118 Romania 0.0838 BoP, current US$ per US$ of GDP compare
- 119 Samoa 0.0835 BoP, current US$ per US$ of GDP compare
- 120 Poland 0.0835 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$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is service imports (bop, current us$), per unit of gdp in Venezuela?
- Service imports (bop, current us$), per unit of gdp in Venezuela was 0.0839 BoP, current US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), per unit of gdp recorded in Venezuela?
- The highest recorded value was 0.1104 BoP, current US$ per US$ of GDP in 2015.
- What is the lowest service imports (bop, current us$), per unit of gdp recorded in Venezuela?
- The lowest recorded value was 0.0326 BoP, current US$ per US$ of GDP in 2006.
- How does Venezuela rank for service imports (bop, current us$), per unit of gdp?
- Venezuela ranks 117th out of 199 countries with data for 2016.
- Is service imports (bop, current us$), per unit of gdp rising or falling in Venezuela?
- Over the last ten years it is up 156.9%. 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 Service imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.