Trade, S2 - Restrictions on payments for service imports (payments) in Venezuela
Venezuela: Trade, S2 - Restrictions on payments for service imports (payments) was 0.5 in 2014. ▼ Falling
Trade, S2 - Restrictions on payments for service imports in Venezuela, 1973–2014
Source: International Monetary Fund.
Analysis
Venezuela recorded 0.5 for trade, s2 - restrictions on payments for service imports in 2014. 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, s2 - restrictions on payments for service imports in Venezuela peaked at 2 in 1973 and was at its lowest, 0.5, in 1994.
That places Venezuela 86th 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, S2 - Restrictions on payments for service imports (payments) in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 2 | — |
| 1974 | 1.5 | -25.0% |
| 1975 | 1.5 | +0.0% |
| 1976 | 1.5 | +0.0% |
| 1977 | 1.5 | +0.0% |
| 1978 | 1.5 | +0.0% |
| 1979 | 1.5 | +0.0% |
| 1980 | 1.5 | +0.0% |
| 1981 | 1.5 | +0.0% |
| 1982 | 1.5 | +0.0% |
| 1983 | 1 | -33.3% |
| 1984 | 1 | +0.0% |
| 1985 | 1 | +0.0% |
| 1986 | 1 | +0.0% |
| 1987 | 1 | +0.0% |
| 1988 | 1 | +0.0% |
| 1989 | 2 | +100.0% |
| 1990 | 2 | +0.0% |
| 1991 | 2 | +0.0% |
| 1992 | 2 | +0.0% |
| 1993 | 2 | +0.0% |
| 1994 | 0.5 | -75.0% |
| 1995 | 0.5 | +0.0% |
| 1996 | 2 | +300.0% |
| 1997 | 2 | +0.0% |
| 1998 | 2 | +0.0% |
| 1999 | 2 | +0.0% |
| 2000 | 2 | +0.0% |
| 2001 | 2 | +0.0% |
| 2002 | 2 | +0.0% |
| 2003 | 0.5 | -75.0% |
| 2004 | 0.5 | +0.0% |
| 2005 | 0.5 | +0.0% |
| 2006 | 0.5 | +0.0% |
| 2007 | 0.5 | +0.0% |
| 2008 | 0.5 | +0.0% |
| 2009 | 0.5 | +0.0% |
| 2010 | 0.5 | +0.0% |
| 2011 | 0.5 | +0.0% |
| 2012 | 0.5 | +0.0% |
| 2013 | 0.5 | +0.0% |
| 2014 | 0.5 | +0.0% |
Venezuela compared with similar countries
- Venezuela's 0.5 is below the median for lower middle income countries, which is 1.25, 40% of the median. (20 countries reporting)
- Venezuela's 0.5 is below the median for Latin America & Caribbean, which is 2, 25% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.57 | 1.5 | 2 | 7 |
| 1980s | 1.25 | 1 | 2 | 10 |
| 1990s | 1.7 | 0.5 | 2 | 10 |
| 2000s | 0.95 | 0.5 | 2 | 10 |
| 2010s | 0.5 | 0.5 | 0.5 | 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, s2 - restrictions on payments for service imports in Venezuela?
- Trade, s2 - restrictions on payments for service imports in Venezuela was 0.5 in 2014, according to International Monetary Fund.
- What is the highest trade, s2 - restrictions on payments for service imports recorded in Venezuela?
- The highest recorded value was 2 in 1973.
- What is the lowest trade, s2 - restrictions on payments for service imports recorded in Venezuela?
- The lowest recorded value was 0.5 in 1994.
- How does Venezuela rank for trade, s2 - restrictions on payments for service imports?
- Venezuela ranks 86th out of 90 countries with data for 2014.
- Is trade, s2 - restrictions on payments for service imports 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, S2 - Restrictions on payments for service imports. 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.