Total reserves in Venezuela
Venezuela: Total reserves was 9.79 billion includes gold, current US$ in 2017. ◆ Volatile
Total reserves in Venezuela, 1960–2017
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in includes gold, current US$.
Analysis
In 2017, total reserves in Venezuela stood at 9.79 billion includes gold, current US$.
The figure is down 3.5% on the previous year and down 71.0% over ten years.
Over the whole period, total reserves in Venezuela peaked at 43.07 billion includes gold, current US$ in 2008 and was at its lowest, 581.33 million includes gold, current US$, in 1961.
Venezuela ranks 82nd of 182 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves in Venezuela, year by year
| Year | includes gold, current US$ | Change |
|---|---|---|
| 1960 | 615.49 million includes gold, current US$ | — |
| 1961 | 581.33 million includes gold, current US$ | -5.5% |
| 1962 | 583.41 million includes gold, current US$ | +0.4% |
| 1963 | 745.53 million includes gold, current US$ | +27.8% |
| 1964 | 832.99 million includes gold, current US$ | +11.7% |
| 1965 | 819.99 million includes gold, current US$ | -1.6% |
| 1966 | 778.79 million includes gold, current US$ | -5.0% |
| 1967 | 873.90 million includes gold, current US$ | +12.2% |
| 1968 | 1.00 billion includes gold, current US$ | +14.5% |
| 1969 | 935.07 million includes gold, current US$ | -6.6% |
| 1970 | 1.05 billion includes gold, current US$ | +11.9% |
| 1971 | 1.58 billion includes gold, current US$ | +51.4% |
| 1972 | 2.03 billion includes gold, current US$ | +28.3% |
| 1973 | 3.19 billion includes gold, current US$ | +57.2% |
| 1974 | 8.12 billion includes gold, current US$ | +154.2% |
| 1975 | 9.97 billion includes gold, current US$ | +22.8% |
| 1976 | 9.63 billion includes gold, current US$ | -3.4% |
| 1977 | 9.60 billion includes gold, current US$ | -0.3% |
| 1978 | 8.61 billion includes gold, current US$ | -10.3% |
| 1979 | 13.19 billion includes gold, current US$ | +53.2% |
| 1980 | 13.36 billion includes gold, current US$ | +1.3% |
| 1981 | 12.72 billion includes gold, current US$ | -4.8% |
| 1982 | 11.81 billion includes gold, current US$ | -7.1% |
| 1983 | 12.01 billion includes gold, current US$ | +1.7% |
| 1984 | 12.43 billion includes gold, current US$ | +3.5% |
| 1985 | 14.00 billion includes gold, current US$ | +12.6% |
| 1986 | 10.92 billion includes gold, current US$ | -22.0% |
| 1987 | 11.51 billion includes gold, current US$ | +5.4% |
| 1988 | 7.79 billion includes gold, current US$ | -32.3% |
| 1989 | 8.70 billion includes gold, current US$ | +11.7% |
| 1990 | 12.73 billion includes gold, current US$ | +46.3% |
| 1991 | 14.72 billion includes gold, current US$ | +15.6% |
| 1992 | 13.38 billion includes gold, current US$ | -9.1% |
| 1993 | 13.69 billion includes gold, current US$ | +2.3% |
| 1994 | 12.46 billion includes gold, current US$ | -9.0% |
| 1995 | 10.72 billion includes gold, current US$ | -14.0% |
| 1996 | 16.02 billion includes gold, current US$ | +49.5% |
| 1997 | 17.70 billion includes gold, current US$ | +10.5% |
| 1998 | 14.73 billion includes gold, current US$ | -16.8% |
| 1999 | 15.11 billion includes gold, current US$ | +2.6% |
| 2000 | 15.90 billion includes gold, current US$ | +5.2% |
| 2001 | 12.26 billion includes gold, current US$ | -22.9% |
| 2002 | 12.11 billion includes gold, current US$ | -1.3% |
| 2003 | 20.82 billion includes gold, current US$ | +72.0% |
| 2004 | 23.41 billion includes gold, current US$ | +12.4% |
| 2005 | 29.80 billion includes gold, current US$ | +27.3% |
| 2006 | 36.72 billion includes gold, current US$ | +23.2% |
| 2007 | 33.76 billion includes gold, current US$ | -8.1% |
| 2008 | 43.07 billion includes gold, current US$ | +27.6% |
| 2009 | 34.32 billion includes gold, current US$ | -20.3% |
| 2010 | 29.67 billion includes gold, current US$ | -13.6% |
| 2011 | 27.93 billion includes gold, current US$ | -5.8% |
| 2012 | 29.47 billion includes gold, current US$ | +5.5% |
| 2013 | 20.28 billion includes gold, current US$ | -31.2% |
| 2014 | 21.45 billion includes gold, current US$ | +5.8% |
| 2015 | 15.63 billion includes gold, current US$ | -27.2% |
| 2016 | 10.15 billion includes gold, current US$ | -35.0% |
| 2017 | 9.79 billion includes gold, current US$ | -3.5% |
Venezuela compared with similar countries
- Venezuela's 9.79 billion includes gold, current US$ is above the median for lower middle income countries, which is 4.39 billion includes gold, current US$, 2.2× the median. (42 countries reporting)
- Venezuela's 9.79 billion includes gold, current US$ is above the median for Latin America & Caribbean, which is 5.92 billion includes gold, current US$, 1.7× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Total reserves in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +154.2% | 3.19 billion includes gold, current US$ | 8.12 billion includes gold, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 776.74 million includes gold, current US$ | 581.33 million includes gold, current US$ | 1.00 billion includes gold, current US$ | 10 |
| 1970s | 6.70 billion includes gold, current US$ | 1.05 billion includes gold, current US$ | 13.19 billion includes gold, current US$ | 10 |
| 1980s | 11.53 billion includes gold, current US$ | 7.79 billion includes gold, current US$ | 14.00 billion includes gold, current US$ | 10 |
| 1990s | 14.13 billion includes gold, current US$ | 10.72 billion includes gold, current US$ | 17.70 billion includes gold, current US$ | 10 |
| 2000s | 26.22 billion includes gold, current US$ | 12.11 billion includes gold, current US$ | 43.07 billion includes gold, current US$ | 10 |
| 2010s | 20.55 billion includes gold, current US$ | 9.79 billion includes gold, current US$ | 29.67 billion includes gold, current US$ | 8 |
Countries ranked near Venezuela
- 79 Mauritius 10.31 billion includes gold, current US$ compare
- 80 Honduras 10.20 billion includes gold, current US$ compare
- 81 Ecuador 9.80 billion includes gold, current US$ compare
- 83 Afghanistan 9.75 billion includes gold, current US$ compare
- 84 Paraguay 9.57 billion includes gold, current US$ compare
- 85 Bosnia and Herzegovina 9.42 billion includes gold, current US$ 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$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is total reserves in Venezuela?
- Total reserves in Venezuela was 9.79 billion includes gold, current US$ in 2017, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves recorded in Venezuela?
- The highest recorded value was 43.07 billion includes gold, current US$ in 2008.
- What is the lowest total reserves recorded in Venezuela?
- The lowest recorded value was 581.33 million includes gold, current US$ in 1961.
- How does Venezuela rank for total reserves?
- Venezuela ranks 82nd out of 182 countries with data for 2017.
- Is total reserves rising or falling in Venezuela?
- Over the last ten years it is down 71.0%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves (includes gold, current US$). Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. 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.