Service imports in Venezuela, República Bolivariana de
Venezuela, República Bolivariana de: Service imports was 9.47 billion BoP, current US$ in 2016. ◆ Volatile
Service imports in Venezuela, República Bolivariana de, 1970–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service imports in Venezuela, República Bolivariana de is 9.47 billion BoP, current US$, measured in 2016.
Compared with earlier readings it is down 31.5% on the previous year and up 58.1% over ten years.
Over the whole period, service imports in Venezuela, República Bolivariana de peaked at 19.43 billion BoP, current US$ in 2012 and was at its lowest, 525.00 million BoP, current US$, in 1970.
That places Venezuela, República Bolivariana de 71st out of 199 countries with data for 2016, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.85 billion BoP, current US$ | 525.00 million BoP, current US$ | 4.20 billion BoP, current US$ | 10 |
| 1980s | 3.18 billion BoP, current US$ | 1.94 billion BoP, current US$ | 6.05 billion BoP, current US$ | 10 |
| 1990s | 4.20 billion BoP, current US$ | 2.59 billion BoP, current US$ | 4.90 billion BoP, current US$ | 10 |
| 2000s | 7.01 billion BoP, current US$ | 3.52 billion BoP, current US$ | 13.35 billion BoP, current US$ | 10 |
| 2010s | 15.75 billion BoP, current US$ | 9.47 billion BoP, current US$ | 19.43 billion BoP, current US$ | 7 |
Countries ranked near Venezuela, República Bolivariana de
- 68 Slovenia 10.78 billion BoP, current US$ compare
- 69 Azerbaijan, Republic of 10.25 billion BoP, current US$ compare
- 70 Libya 10.05 billion BoP, current US$ compare
- 72 Bulgaria 9.42 billion BoP, current US$ compare
- 73 Algeria 9.13 billion BoP, current US$ compare
- 74 Costa Rica 8.64 billion BoP, current US$ compare
More economy & growth data for Venezuela, República Bolivariana de
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- 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)
- Gdp worldbank constant usd, annual growth rate 1.57 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.4346 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2011)
- Manufacturing value added to gdp, per capita 0 units per person (2011)
- Gdp worldbank constant usd, per capita 1,519 units per person (2025)
- External balance on goods and services as a percent of gdp 4.79 (2025)
Frequently asked questions
- What is service imports in Venezuela, República Bolivariana de?
- Service imports in Venezuela, República Bolivariana de was 9.47 billion BoP, current US$ in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service imports recorded in Venezuela, República Bolivariana de?
- The highest recorded value was 19.43 billion BoP, current US$ in 2012.
- What is the lowest service imports recorded in Venezuela, República Bolivariana de?
- The lowest recorded value was 525.00 million BoP, current US$ in 1970.
- How does Venezuela, República Bolivariana de rank for service imports?
- Venezuela, República Bolivariana de ranks 71st out of 199 countries with data for 2016.
- Is service imports rising or falling in Venezuela, República Bolivariana de?
- Over the last ten years it is up 58.1%. The long-run trend across the full record is volatile.
- Where does this Venezuela, República Bolivariana de data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of services are services provided by non-residents to residents. 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.