Current account balance — all countries

Current account balance — Venezuela

Current account balance in Venezuela in 2027 — 4.8%. Ranked 29 in the world out of 189. Since 1980, the indicator has fallen by 2.6 pp.

2027 4.8% −2.3 pp vs 2026
World rank 29of 189
Period maximum 17.7%2005
Period minimum -12.8%2015

Trend over time

1980–2027 · % of GDP

Current account balance — Venezuela, 1980–2027-20-100102019801985199019952000200520102015202020251980: 7.4%1981: 5.7%1982: -4.8%1983: 6%1984: 8.7%1985: 6.2%1986: -3.3%1987: -3%1988: -9.2%1989: 5.5%1990: 17.5%1991: 3.6%1992: -6.2%1993: -3.3%1994: 4.5%1995: 2.8%1996: 12.7%1997: 4.4%1998: -4.8%1999: 2.2%2000: 10.1%2001: 1.6%2002: 8%2003: 14.1%2004: 13.8%2005: 17.7%2006: 14.8%2007: 5.8%2008: 10.2%2009: 0.2%2010: 1.8%2011: 5.2%2012: 0.7%2013: 1.8%2014: 2.3%2015: -12.8%2016: -3.4%2017: 7.5%2018: 8.4%2019: 5.9%2020: -3.2%2021: -0.9%2022: 4%2023: 5.8%2024: 4.1%2025: 2.6%2026: 7.1%2027: 4.8%
Change over the period: −2.6 pp Annual average: -0.06 pp

Comparison, 2027

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

Venezuela 4.8%
World computed 0.34%
Latin America & Caribbean computed -1.08%
South America computed -1.33%
Current account balance — Venezuela, by year Venezuela All countries CSV XLSX
Year % Change, pp
2027 4.8 −2.3 pp
2026 7.1 +4.5 pp
2025 2.6 −1.5 pp
2024 4.1 −1.7 pp
2023 5.8 +1.8 pp
2022 4 +4.9 pp
2021 -0.9 +2.3 pp
2020 -3.2 −9.1 pp
2019 5.9 −2.5 pp
2018 8.4 +0.9 pp
2017 7.5 +10.9 pp
2016 -3.4 +9.4 pp
2015 -12.8 −15.1 pp
2014 2.3 +0.5 pp
2013 1.8 +1.1 pp
2012 0.7 −4.5 pp
2011 5.2 +3.4 pp
2010 1.8 +1.6 pp
2009 0.2 −10 pp
2008 10.2 +4.4 pp
2007 5.8 −9 pp
2006 14.8 −2.9 pp
2005 17.7 +3.9 pp
2004 13.8 −0.3 pp
2003 14.1 +6.1 pp
2002 8 +6.4 pp
2001 1.6 −8.5 pp
2000 10.1 +7.9 pp
1999 2.2 +7 pp
1998 -4.8 −9.2 pp
1997 4.4 −8.3 pp
1996 12.7 +9.9 pp
1995 2.8 −1.7 pp
1994 4.5 +7.8 pp
1993 -3.3 +2.9 pp
1992 -6.2 −9.8 pp
1991 3.6 −13.9 pp
1990 17.5 +12 pp
1989 5.5 +14.7 pp
1988 -9.2 −6.2 pp
1987 -3 +0.3 pp
1986 -3.3 −9.5 pp
1985 6.2 −2.5 pp
1984 8.7 +2.7 pp
1983 6 +10.8 pp
1982 -4.8 −10.5 pp
1981 5.7 −1.7 pp
1980 7.4

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.