Share of service in total exports in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Share of service in total exports was 27.40 billion BoP, current US$ in 2016. ◆ Volatile
Latest (2016)
27.40 billion BoP, current US$
Change on year
down 26.4%
World rank
73rd
of 198 countries
All-time high
97.87 billion BoP, current US$
in 2012
All-time low
2.64 billion BoP, current US$
in 1970
Years of data
47
1970–2016
Share of service in total exports in Venezuela, Bolivarian Republic of, 1970–2016
Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.
Analysis
The most recent figure for share of service in total exports in Venezuela, Bolivarian Republic of is 27.40 billion BoP, current US$, measured in 2016.
The figure is down 26.4% on the previous year and down 58.2% over ten years.
Over the whole period, share of service in total exports in Venezuela, Bolivarian Republic of peaked at 97.87 billion BoP, current US$ in 2012 and was at its lowest, 2.64 billion BoP, current US$, in 1970.
Venezuela, Bolivarian Republic of ranks 73rd of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in Venezuela, Bolivarian Republic of, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1970 | 2.64 billion BoP, current US$ | — |
| 1971 | 3.15 billion BoP, current US$ | +19.4% |
| 1972 | 3.20 billion BoP, current US$ | +1.6% |
| 1973 | 4.80 billion BoP, current US$ | +50.0% |
| 1974 | 11.29 billion BoP, current US$ | +135.1% |
| 1975 | 8.98 billion BoP, current US$ | -20.4% |
| 1976 | 9.34 billion BoP, current US$ | +4.0% |
| 1977 | 9.66 billion BoP, current US$ | +3.4% |
| 1978 | 9.17 billion BoP, current US$ | -5.0% |
| 1979 | 14.36 billion BoP, current US$ | +56.5% |
| 1980 | 19.27 billion BoP, current US$ | +34.2% |
| 1981 | 20.18 billion BoP, current US$ | +4.7% |
| 1982 | 16.52 billion BoP, current US$ | -18.2% |
| 1983 | 14.76 billion BoP, current US$ | -10.6% |
| 1984 | 16.07 billion BoP, current US$ | +8.9% |
| 1985 | 14.48 billion BoP, current US$ | -9.9% |
| 1986 | 8.66 billion BoP, current US$ | -40.2% |
| 1987 | 10.56 billion BoP, current US$ | +21.9% |
| 1988 | 10.22 billion BoP, current US$ | -3.3% |
| 1989 | 13.06 billion BoP, current US$ | +27.8% |
| 1990 | 17.62 billion BoP, current US$ | +35.0% |
| 1991 | 15.15 billion BoP, current US$ | -14.0% |
| 1992 | 14.19 billion BoP, current US$ | -6.4% |
| 1993 | 14.77 billion BoP, current US$ | +4.1% |
| 1994 | 16.09 billion BoP, current US$ | +9.0% |
| 1995 | 19.07 billion BoP, current US$ | +18.5% |
| 1996 | 23.69 billion BoP, current US$ | +24.3% |
| 1997 | 23.87 billion BoP, current US$ | +0.7% |
| 1998 | 17.70 billion BoP, current US$ | -25.8% |
| 1999 | 20.96 billion BoP, current US$ | +18.4% |
| 2000 | 33.52 billion BoP, current US$ | +60.0% |
| 2001 | 26.66 billion BoP, current US$ | -20.5% |
| 2002 | 26.78 billion BoP, current US$ | +0.4% |
| 2003 | 27.23 billion BoP, current US$ | +1.7% |
| 2004 | 39.66 billion BoP, current US$ | +45.7% |
| 2005 | 55.71 billion BoP, current US$ | +40.5% |
| 2006 | 65.57 billion BoP, current US$ | +17.7% |
| 2007 | 70.19 billion BoP, current US$ | +7.0% |
| 2008 | 96.05 billion BoP, current US$ | +36.8% |
| 2009 | 58.51 billion BoP, current US$ | -39.1% |
| 2010 | 66.88 billion BoP, current US$ | +14.3% |
| 2011 | 93.74 billion BoP, current US$ | +40.2% |
| 2012 | 97.87 billion BoP, current US$ | +4.4% |
| 2013 | 88.75 billion BoP, current US$ | -9.3% |
| 2014 | 74.67 billion BoP, current US$ | -15.9% |
| 2015 | 37.23 billion BoP, current US$ | -50.1% |
| 2016 | 27.40 billion BoP, current US$ | -26.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.66 billion BoP, current US$ | 2.64 billion BoP, current US$ | 14.36 billion BoP, current US$ | 10 |
| 1980s | 14.38 billion BoP, current US$ | 8.66 billion BoP, current US$ | 20.18 billion BoP, current US$ | 10 |
| 1990s | 18.31 billion BoP, current US$ | 14.19 billion BoP, current US$ | 23.87 billion BoP, current US$ | 10 |
| 2000s | 49.99 billion BoP, current US$ | 26.66 billion BoP, current US$ | 96.05 billion BoP, current US$ | 10 |
| 2010s | 69.51 billion BoP, current US$ | 27.40 billion BoP, current US$ | 97.87 billion BoP, current US$ | 7 |
Countries ranked near Venezuela, Bolivarian Republic of
- 70 Ghana 31.25 billion BoP, current US$ compare
- 71 Angola 30.56 billion BoP, current US$ compare
- 72 Iran, Islamic Republic of 28.34 billion BoP, current US$ compare
- 74 Bahrain 24.28 billion BoP, current US$ compare
- 75 Azerbaijan 24.07 billion BoP, current US$ compare
- 76 Costa Rica 23.51 billion BoP, current US$ compare
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)
- Manufacturing, value added (current US$), per unit of GDP 0 current US$ per US$ of GDP (2011)
- Manufacturing, value added (current US$), per capita 0 current US$ per person (2011)
- Manufacturing, value added (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Manufacturing, value added (current LCU), per capita 0 current LCU per person (2011)
- Manufacturing, value added (constant LCU), per capita 229.58 constant LCU per person (2014)
- Industry (including construction), value added (current US$), annual -100 % change on previous year (1991)
- Industry (including construction), value added (current US$), per 0 current US$ per US$ of GDP (2011)
- Industry (including construction), value added (current US$), per 0 current US$ per person (2011)
Frequently asked questions
- What is share of service in total exports in Venezuela, Bolivarian Republic of?
- Share of service in total exports in Venezuela, Bolivarian Republic of was 27.40 billion BoP, current US$ in 2016, according to International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data.
- What is the highest share of service in total exports recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 97.87 billion BoP, current US$ in 2012.
- What is the lowest share of service in total exports recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 2.64 billion BoP, current US$ in 1970.
- How does Venezuela, Bolivarian Republic of rank for share of service in total exports?
- Venezuela, Bolivarian Republic of ranks 73rd out of 198 countries with data for 2016.
- Is share of service in total exports rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 58.2%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as part of Share of service in total exports. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.