Share of services in total exports in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Share of services in total exports was 4.5% in 2016. ▼ Falling
Share of services in total exports in Venezuela, Bolivarian Republic of, 1970–2016
Source: United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data. Measured in % of goods and services exports.
Analysis
Venezuela, Bolivarian Republic of recorded 4.5% for share of services in total exports in 2016.
That represents a change of up 6.4% on the previous year and up 93.9% over ten years.
Over the whole period, share of services in total exports in Venezuela, Bolivarian Republic of peaked at 9.0% in 1994 and was at its lowest, 2.0%, in 2011.
That places Venezuela, Bolivarian Republic of 186th out of 198 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.
Share of services in total exports in Venezuela, Bolivarian Republic of, year by year
| Year | % of goods and services exports | Change |
|---|---|---|
| 1970 | 5.0% | — |
| 1971 | 4.5% | -10.4% |
| 1972 | 4.7% | +5.6% |
| 1973 | 4.9% | +3.4% |
| 1974 | 2.8% | -42.7% |
| 1975 | 4.0% | +41.4% |
| 1976 | 3.5% | -11.1% |
| 1977 | 5.0% | +40.9% |
| 1978 | 6.4% | +29.4% |
| 1979 | 4.0% | -37.7% |
| 1980 | 3.5% | -13.2% |
| 1981 | 3.6% | +4.3% |
| 1982 | 5.9% | +63.8% |
| 1983 | 6.8% | +15.2% |
| 1984 | 4.1% | -40.0% |
| 1985 | 5.2% | +27.3% |
| 1986 | 8.7% | +67.0% |
| 1987 | 7.6% | -13.3% |
| 1988 | 7.6% | +0.0% |
| 1989 | 6.7% | -11.9% |
| 1990 | 6.3% | -5.3% |
| 1991 | 7.5% | +19.2% |
| 1992 | 8.6% | +13.7% |
| 1993 | 8.4% | -1.8% |
| 1994 | 9.0% | +7.0% |
| 1995 | 8.1% | -9.7% |
| 1996 | 6.3% | -22.7% |
| 1997 | 5.2% | -16.7% |
| 1998 | 7.5% | +42.6% |
| 1999 | 6.1% | -18.5% |
| 2000 | 3.4% | -43.8% |
| 2001 | 4.9% | +43.9% |
| 2002 | 3.7% | -25.6% |
| 2003 | 3.1% | -14.2% |
| 2004 | 2.7% | -12.7% |
| 2005 | 2.4% | -13.9% |
| 2006 | 2.3% | -2.1% |
| 2007 | 2.6% | +12.1% |
| 2008 | 2.2% | -13.9% |
| 2009 | 3.5% | +58.3% |
| 2010 | 2.7% | -23.8% |
| 2011 | 2.0% | -25.7% |
| 2012 | 2.2% | +8.0% |
| 2013 | 2.4% | +13.0% |
| 2014 | 2.8% | +13.5% |
| 2015 | 4.2% | +52.0% |
| 2016 | 4.5% | +6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.5% | 2.8% | 6.4% | 10 |
| 1980s | 6.0% | 3.5% | 8.7% | 10 |
| 1990s | 7.3% | 5.2% | 9.0% | 10 |
| 2000s | 3.1% | 2.2% | 4.9% | 10 |
| 2010s | 3.0% | 2.0% | 4.5% | 7 |
Countries ranked near Venezuela, Bolivarian Republic of
- 183 Côte d'Ivoire 5.5% compare
- 184 Gabon 5.2% compare
- 185 Iran, Islamic Republic of 4.7% compare
- 187 Brunei Darussalam 4.3% compare
- 188 Guyana 3.9% compare
- 189 Liberia 3.1% 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 (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)
- Industry (including construction), value added (current LCU), annual -100 % change on previous year (1991)
- Industry (including construction), value added (current LCU), per 0 current LCU per US$ of GDP (2011)
- Industry (including construction), value added (current LCU), per 0 current LCU per person (2011)
- Industry (including construction), value added (constant LCU), annual -5.84 % change on previous year (2014)
Frequently asked questions
- What is share of services in total exports in Venezuela, Bolivarian Republic of?
- Share of services in total exports in Venezuela, Bolivarian Republic of was 4.5% in 2016, according to United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data.
- What is the highest share of services in total exports recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 9.0% in 1994.
- What is the lowest share of services in total exports recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 2.0% in 2011.
- How does Venezuela, Bolivarian Republic of rank for share of services in total exports?
- Venezuela, Bolivarian Republic of ranks 186th out of 198 countries with data for 2016.
- Is share of services in total exports rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 93.9%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data, published as part of Share of services in total exports. Statizoid updates them automatically from the source API.
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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.