Current account balance (World Bank) — all countries

Current account balance (World Bank) — Venezuela

Current account balance (World Bank) in Venezuela in 2016 — -3.43%. Ranked 103 in the world out of 188. Since 1970, the indicator has fallen by 2.53 pp.

2016 -3.43% +9.39 pp vs 2015
World rank 103of 188
Period maximum 22.07%1974
Period minimum -14.59%1978

Trend over time

1970–2016 · % of GDP

Current account balance (World Bank) — Venezuela, 1970–2016-20-10010203019701975198019851990199520002005201020151970: -0.9%1971: -0.08%1972: -0.72%1973: 5.15%1974: 22.07%1975: 7.9%1976: 0.81%1977: -8.78%1978: -14.59%1979: 0.72%1980: 8%1981: 6.03%1982: -6.27%1983: 6.55%1984: 7.77%1985: 5.37%1986: -3.71%1987: -2.89%1988: -9.65%1989: 4.96%1990: 17.03%1991: 3.25%1992: -6.21%1993: -3.32%1994: 4.35%1995: 2.6%1996: 12.64%1997: 4.35%1998: -4.85%1999: 2.16%2000: 10.12%2001: 1.61%2002: 8.18%2003: 14.11%2004: 13.8%2005: 17.49%2006: 14.42%2007: 5.84%2008: 9.91%2009: 0.13%2010: 1.42%2011: 5.16%2012: 0.7%2013: 1.78%2014: 2.29%2015: -12.82%2016: -3.43%
Change over the period: −2.53 pp Annual average: -0.05 pp

Comparison, 2016

How the value compares with the world and the groups this territory belongs to: Venezuela

Venezuela -3.43%
World computed 0.26%
Latin America & Caribbean computed -2.22%
South America computed -2.11%
Current account balance (World Bank) — Venezuela, by year Venezuela All countries CSV XLSX
Year % Change, pp
2016 -3.43 +9.39 pp
2015 -12.82 −15.1 pp
2014 2.29 +0.51 pp
2013 1.78 +1.09 pp
2012 0.7 −4.47 pp
2011 5.16 +3.74 pp
2010 1.42 +1.29 pp
2009 0.13 −9.78 pp
2008 9.91 +4.06 pp
2007 5.84 −8.58 pp
2006 14.42 −3.07 pp
2005 17.49 +3.69 pp
2004 13.8 −0.31 pp
2003 14.11 +5.93 pp
2002 8.18 +6.57 pp
2001 1.61 −8.5 pp
2000 10.12 +7.96 pp
1999 2.16 +7.01 pp
1998 -4.85 −9.2 pp
1997 4.35 −8.29 pp
1996 12.64 +10.03 pp
1995 2.6 −1.75 pp
1994 4.35 +7.67 pp
1993 -3.32 +2.89 pp
1992 -6.21 −9.45 pp
1991 3.25 −13.78 pp
1990 17.03 +12.07 pp
1989 4.96 +14.61 pp
1988 -9.65 −6.75 pp
1987 -2.89 +0.82 pp
1986 -3.71 −9.08 pp
1985 5.37 −2.4 pp
1984 7.77 +1.22 pp
1983 6.55 +12.82 pp
1982 -6.27 −12.3 pp
1981 6.03 −1.97 pp
1980 8 +7.27 pp
1979 0.72 +15.31 pp
1978 -14.59 −5.81 pp
1977 -8.78 −9.59 pp
1976 0.81 −7.1 pp
1975 7.9 −14.16 pp
1974 22.07 +16.92 pp
1973 5.15 +5.87 pp
1972 -0.72 −0.64 pp
1971 -0.08 +0.81 pp
1970 -0.9

About the indicator

The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.