Trade, S1 - Payment restrictions for international trade in Venezuela
Venezuela: Trade, S1 - Payment restrictions for international trade was 0.25 in 2014. ▼ Falling
Trade, S1 - Payment restrictions for international trade in Venezuela, 1973–2014
Source: International Monetary Fund.
Analysis
In 2014, trade, s1 - payment restrictions for international trade in Venezuela stood at 0.25. That is the lowest value across all 42 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, trade, s1 - payment restrictions for international trade in Venezuela peaked at 1 in 1996 and was at its lowest, 0.25, in 2003.
That places Venezuela 89th out of 90 countries with data for 2014, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 42 years of available data.
Trade, S1 - Payment restrictions for international trade in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.75 | — |
| 1974 | 0.6875 | -8.3% |
| 1975 | 0.6875 | +0.0% |
| 1976 | 0.75 | +9.1% |
| 1977 | 0.75 | +0.0% |
| 1978 | 0.75 | +0.0% |
| 1979 | 0.75 | +0.0% |
| 1980 | 0.8125 | +8.3% |
| 1981 | 0.8125 | +0.0% |
| 1982 | 0.8125 | +0.0% |
| 1983 | 0.5 | -38.5% |
| 1984 | 0.5625 | +12.5% |
| 1985 | 0.5625 | +0.0% |
| 1986 | 0.375 | -33.3% |
| 1987 | 0.375 | +0.0% |
| 1988 | 0.375 | +0.0% |
| 1989 | 0.875 | +133.3% |
| 1990 | 0.9375 | +7.1% |
| 1991 | 0.9375 | +0.0% |
| 1992 | 0.9375 | +0.0% |
| 1993 | 0.9375 | +0.0% |
| 1994 | 0.5625 | -40.0% |
| 1995 | 0.5625 | +0.0% |
| 1996 | 1 | +77.8% |
| 1997 | 1 | +0.0% |
| 1998 | 0.9375 | -6.2% |
| 1999 | 0.9375 | +0.0% |
| 2000 | 0.9375 | +0.0% |
| 2001 | 0.9375 | +0.0% |
| 2002 | 0.9375 | +0.0% |
| 2003 | 0.25 | -73.3% |
| 2004 | 0.25 | +0.0% |
| 2005 | 0.25 | +0.0% |
| 2006 | 0.25 | +0.0% |
| 2007 | 0.25 | +0.0% |
| 2008 | 0.3125 | +25.0% |
| 2009 | 0.25 | -20.0% |
| 2010 | 0.25 | +0.0% |
| 2011 | 0.25 | +0.0% |
| 2012 | 0.25 | +0.0% |
| 2013 | 0.25 | +0.0% |
| 2014 | 0.25 | +0.0% |
Venezuela compared with similar countries
- Venezuela's 0.25 is below the median for lower middle income countries, which is 0.625, 40% of the median. (20 countries reporting)
- Venezuela's 0.25 is below the median for Latin America & Caribbean, which is 0.9375, 27% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7321 | 0.6875 | 0.75 | 7 |
| 1980s | 0.6062 | 0.375 | 0.875 | 10 |
| 1990s | 0.875 | 0.5625 | 1 | 10 |
| 2000s | 0.4625 | 0.25 | 0.9375 | 10 |
| 2010s | 0.25 | 0.25 | 0.25 | 5 |
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 trade, s1 - payment restrictions for international trade in Venezuela?
- Trade, s1 - payment restrictions for international trade in Venezuela was 0.25 in 2014, according to International Monetary Fund.
- What is the highest trade, s1 - payment restrictions for international trade recorded in Venezuela?
- The highest recorded value was 1 in 1996.
- What is the lowest trade, s1 - payment restrictions for international trade recorded in Venezuela?
- The lowest recorded value was 0.25 in 2003.
- How does Venezuela rank for trade, s1 - payment restrictions for international trade?
- Venezuela ranks 89th out of 90 countries with data for 2014.
- Is trade, s1 - payment restrictions for international trade rising or falling in Venezuela?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from International Monetary Fund, published as part of Trade, S1 - Payment restrictions for international trade. Statizoid updates them automatically from the source API.
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About this data
The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.