Terms of trade adjustment (constant LCU), annual growth rate in Venezuela

Venezuela: Terms of trade adjustment (constant LCU), annual growth rate was -43.35 % change on previous year in 2025. ◆ Volatile

Latest (2025)
-43.35 % change on previous year
Change on year
down 572.9%
World rank
145th
of 178 countries
All-time high
121.31 % change on previous year
in 2014
All-time low
-166.78 % change on previous year
in 1986
Years of data
28
1975–2025

Terms of trade adjustment (constant LCU), annual growth rate in Venezuela, 1975–2025

-200-10001001975200020251975: 13.1 % change on previous year1976: 6.8 % change on previous year1977: 9.6 % change on previous year1978: -12.1 % change on previous year1979: 7.3 % change on previous year1980: 63.2 % change on previous year1981: 42.4 % change on previous year1982: -36.1 % change on previous year1983: -12.1 % change on previous year1984: 18.5 % change on previous year1985: -29.6 % change on previous year1986: -166.8 % change on previous year1987: 3.5 % change on previous year1988: -15.4 % change on previous year1989: 41.1 % change on previous year1990: -15.1 % change on previous year2013: -47.7 % change on previous year2014: 121.3 % change on previous year2015: -28.8 % change on previous year2016: -30 % change on previous year2017: -30.9 % change on previous year2018: 2.7 % change on previous year2019: -1.7 % change on previous year2020: -100 % change on previous year2022: 48 % change on previous year2023: 73.4 % change on previous year2024: 9.2 % change on previous year2025: -43.3 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for terms of trade adjustment (constant lcu), annual growth rate in Venezuela is -43.35 % change on previous year, measured in 2025.

That represents a change of down 572.9% on the previous year and down 50.5% over ten years.

Over the whole period, terms of trade adjustment (constant lcu), annual growth rate in Venezuela peaked at 121.31 % change on previous year in 2014 and was at its lowest, -166.78 % change on previous year, in 1986.

Venezuela ranks 145th of 178 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Terms of trade adjustment (constant LCU), annual growth rate in Venezuela, year by year

Annual values for Terms of trade adjustment (constant LCU), annual growth rate in Venezuela, 1975 to 2025.
Year % change on previous year Change
1975 13.11 % change on previous year
1976 6.84 % change on previous year -47.8%
1977 9.58 % change on previous year +40.1%
1978 -12.13 % change on previous year -226.5%
1979 7.32 % change on previous year -160.3%
1980 63.21 % change on previous year +764.0%
1981 42.43 % change on previous year -32.9%
1982 -36.09 % change on previous year -185.1%
1983 -12.15 % change on previous year -66.3%
1984 18.5 % change on previous year -252.3%
1985 -29.65 % change on previous year -260.2%
1986 -166.78 % change on previous year +462.5%
1987 3.5 % change on previous year -102.1%
1988 -15.38 % change on previous year -539.5%
1989 41.07 % change on previous year -367.0%
1990 -15.11 % change on previous year -136.8%
2013 -47.67 % change on previous year +215.5%
2014 121.31 % change on previous year -354.5%
2015 -28.81 % change on previous year -123.7%
2016 -29.98 % change on previous year +4.1%
2017 -30.88 % change on previous year +3.0%
2018 2.67 % change on previous year -108.6%
2019 -1.73 % change on previous year -164.8%
2020 -100 % change on previous year +5683.7%
2022 47.98 % change on previous year -148.0%
2023 73.38 % change on previous year +52.9%
2024 9.17 % change on previous year -87.5%
2025 -43.35 % change on previous year -572.9%

Venezuela compared with similar countries

  • Venezuela's -43.35 % change on previous year is below the median for lower middle income countries, which is 9.41 % change on previous year. (45 countries reporting)
  • Venezuela's -43.35 % change on previous year is below the median for Latin America & Caribbean, which is 34.64 % change on previous year. (23 countries reporting)

Biggest year-on-year movements

Years where Terms of trade adjustment (constant LCU), annual growth rate in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 -5683.7% -1.73 % change on previous year -100 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.95 % change on previous year -12.13 % change on previous year 13.11 % change on previous year 5
1980s -9.13 % change on previous year -166.78 % change on previous year 63.21 % change on previous year 10
1990s -15.11 % change on previous year -15.11 % change on previous year -15.11 % change on previous year 1
2010s -2.16 % change on previous year -47.67 % change on previous year 121.31 % change on previous year 7
2020s -2.56 % change on previous year -100 % change on previous year 73.38 % change on previous year 5

Countries ranked near Venezuela

  1. 142 Cyprus -40.08 % change on previous year compare
  2. 143 Hong Kong -40.29 % change on previous year compare
  3. 144 Iraq -42.66 % change on previous year compare
  4. 146 Iran -44.31 % change on previous year compare
  5. 147 Cote d'Ivoire -44.94 % change on previous year compare
  6. 148 Belgium -45.91 % change on previous year compare

See the full ranking of 178 places →

More economy & growth data for Venezuela

All data for Venezuela →

Frequently asked questions

What is terms of trade adjustment (constant lcu), annual growth rate in Venezuela?
Terms of trade adjustment (constant lcu), annual growth rate in Venezuela was -43.35 % change on previous year in 2025, according to Statizoid (derived).
What is the highest terms of trade adjustment (constant lcu), annual growth rate recorded in Venezuela?
The highest recorded value was 121.31 % change on previous year in 2014.
What is the lowest terms of trade adjustment (constant lcu), annual growth rate recorded in Venezuela?
The lowest recorded value was -166.78 % change on previous year in 1986.
How does Venezuela rank for terms of trade adjustment (constant lcu), annual growth rate?
Venezuela ranks 145th out of 178 countries with data for 2025.
Is terms of trade adjustment (constant lcu), annual growth rate rising or falling in Venezuela?
Over the last ten years it is down 50.5%. The long-run trend across the full record is volatile.
Where does this Venezuela data come from?
The figures come from Statizoid (derived), published as part of Terms of trade adjustment (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Terms of trade adjustment (constant LCU), annual growth rate in Venezuela. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/terms-of-trade-adjustment-constant-lcu-annual-growth-rate/venezuela-rb/

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How this figure is calculated

The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Terms of trade adjustment (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
178 places, 7,062 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.