Remittances paid — all countries

Remittances paid — Venezuela

Remittances paid in Venezuela in 2016 — 54,000,000 US$. Ranked 137 in the world out of 180. Since 1970, the indicator has fallen by 37.9%.

2016 54M US$ −48.57% vs 2015
World rank 137of 180
Period maximum 1.12B US$2013
Period minimum 54M US$2016

Trend over time

1970–2016 · US$

Remittances paid — Venezuela, 1970–20160500M1B1.5B19701975198019851990199520002005201020151970: 87,000,000 US$1971: 80,000,000 US$1972: 90,000,000 US$1973: 106,000,000 US$1974: 136,000,000 US$1975: 144,000,000 US$1976: 170,000,000 US$1977: 232,000,000 US$1978: 372,000,000 US$1979: 389,000,000 US$1980: 418,000,000 US$1981: 383,000,000 US$1982: 615,000,000 US$1983: 187,000,000 US$1984: 208,000,000 US$1985: 217,000,000 US$1986: 185,000,000 US$1987: 215,000,000 US$1988: 211,000,000 US$1989: 368,000,000 US$1990: 701,000,000 US$1991: 677,000,000 US$1992: 858,000,000 US$1993: 729,000,000 US$1994: 609,000,000 US$1995: 203,000,000 US$1996: 290,000,000 US$1997: 211,000,000 US$1998: 261,000,000 US$1999: 195,000,000 US$2000: 331,000,000 US$2001: 406,000,000 US$2002: 383,000,000 US$2003: 209,000,000 US$2004: 214,000,000 US$2005: 211,000,000 US$2006: 257,000,000 US$2007: 662,000,000 US$2008: 841,000,000 US$2009: 582,000,000 US$2010: 805,000,000 US$2011: 782,000,000 US$2012: 899,000,000 US$2013: 1,117,000,000 US$2014: 193,000,000 US$2015: 105,000,000 US$2016: 54,000,000 US$
Change over the period: −33M (−37.93%) Average annual rate: -1.03 %

Comparison, 2016

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

Venezuela 54M US$
World 383B US$
South America computed 3.69B US$
Remittances paid — Venezuela, by year Venezuela All countries CSV XLSX
Year US$ Change Change, %
2016 54M −51M −48.57%
2015 105M −88M −45.6%
2014 193M −924M −82.72%
2013 1.12B +218M +24.25%
2012 899M +117M +14.96%
2011 782M −23M −2.86%
2010 805M +223M +38.32%
2009 582M −259M −30.8%
2008 841M +179M +27.04%
2007 662M +405M +157.59%
2006 257M +46M +21.8%
2005 211M −3M −1.4%
2004 214M +5M +2.39%
2003 209M −174M −45.43%
2002 383M −23M −5.67%
2001 406M +75M +22.66%
2000 331M +136M +69.74%
1999 195M −66M −25.29%
1998 261M +50M +23.7%
1997 211M −79M −27.24%
1996 290M +87M +42.86%
1995 203M −406M −66.67%
1994 609M −120M −16.46%
1993 729M −129M −15.03%
1992 858M +181M +26.74%
1991 677M −24M −3.42%
1990 701M +333M +90.49%
1989 368M +157M +74.41%
1988 211M −4M −1.86%
1987 215M +30M +16.22%
1986 185M −32M −14.75%
1985 217M +9M +4.33%
1984 208M +21M +11.23%
1983 187M −428M −69.59%
1982 615M +232M +60.57%
1981 383M −35M −8.37%
1980 418M +29M +7.46%
1979 389M +17M +4.57%
1978 372M +140M +60.34%
1977 232M +62M +36.47%
1976 170M +26M +18.06%
1975 144M +8M +5.88%
1974 136M +30M +28.3%
1973 106M +16M +17.78%
1972 90M +10M +12.5%
1971 80M −7M −8.05%
1970 87M

About the indicator

Personal remittances sent from a country abroad. This is the mirror side of remittances received, and together the two divide the world into countries that take in labor migrants and countries that send them. The largest senders are the United States and the Gulf states, and for the latter the flow is enormous relative to the size of the economy: incomers make up the majority of those working there.

Important: Remittances sent and received should match at the world level, but they do not: some countries do not record the flow, and part of the transfers goes outside the statistics.

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