Services, Debit/Expenditure in Venezuela
Venezuela: Services, Debit/Expenditure was 9.47 billion in 2016. ▲ Rising
Services, Debit/Expenditure in Venezuela, 2005–2016
Source: International Monetary Fund.
Analysis
The most recent figure for services, debit/expenditure in Venezuela is 9.47 billion, measured in 2016.
The figure is down 31.5% on the previous year and up 58.1% over ten years.
Over the whole period, services, debit/expenditure in Venezuela peaked at 19.43 billion in 2012 and was at its lowest, 5.34 billion, in 2005.
Venezuela ranks 72nd of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Services, Debit/Expenditure in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 5.34 billion | — |
| 2006 | 5.99 billion | +12.1% |
| 2007 | 11.01 billion | +83.7% |
| 2008 | 13.27 billion | +20.6% |
| 2009 | 13.35 billion | +0.6% |
| 2010 | 14.34 billion | +7.4% |
| 2011 | 16.89 billion | +17.8% |
| 2012 | 19.43 billion | +15.0% |
| 2013 | 19.29 billion | -0.7% |
| 2014 | 17.03 billion | -11.7% |
| 2015 | 13.83 billion | -18.8% |
| 2016 | 9.47 billion | -31.5% |
Venezuela compared with similar countries
- Venezuela's 9.47 billion is above the median for lower middle income countries, which is 2.37 billion, 4.0× the median. (46 countries reporting)
- Venezuela's 9.47 billion is above the median for Latin America & Caribbean, which is 2.54 billion, 3.7× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.79 billion | 5.34 billion | 13.35 billion | 5 |
| 2010s | 15.75 billion | 9.47 billion | 19.43 billion | 7 |
Countries ranked near Venezuela
More trade data for Venezuela
- Commodity Net Export Price Index, Individual Commodities Weighted by 66.89 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 89.43 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 89.16 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 63.86 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 99.69 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 84.73 (2025)
- Imports of low carbon technology products, Percent of GDP 0.9227 (2013)
- Imports of low carbon technology products, US dollar (World), per 79.87 units per person (2013)
- Imports of low carbon technology products, US dollar (World), per 0.0092 units per US$ of GDP (2013)
- Exports of low carbon technology products, US dollar (World), gaps 20.55 million (2013)
Frequently asked questions
- What is services, debit/expenditure in Venezuela?
- Services, debit/expenditure in Venezuela was 9.47 billion in 2016, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Venezuela?
- The highest recorded value was 19.43 billion in 2012.
- What is the lowest services, debit/expenditure recorded in Venezuela?
- The lowest recorded value was 5.34 billion in 2005.
- How does Venezuela rank for services, debit/expenditure?
- Venezuela ranks 72nd out of 198 countries with data for 2016.
- Is services, debit/expenditure rising or falling in Venezuela?
- Over the last ten years it is up 58.1%. The long-run trend across the full record is rising.
- Where does this Venezuela data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.