Service imports — all countries

Service imports — Venezuela

Service imports in Venezuela in 2016 — 9,472,000,000 US$. Ranked 60 in the world out of 188. Since 1970, the indicator has risen by 1,704.2%.

2016 9.47B US$ −31.49% vs 2015
World rank 60of 188
Period maximum 19.43B US$2012
Period minimum 525M US$1970

Trend over time

1970–2016 · US$

Service imports — Venezuela, 1970–201605B10B15B20B19701975198019851990199520002005201020151970: 525,000,000 US$1971: 594,000,000 US$1972: 665,000,000 US$1973: 748,000,000 US$1974: 1,143,000,000 US$1975: 1,646,000,000 US$1976: 2,068,000,000 US$1977: 2,955,000,000 US$1978: 3,935,000,000 US$1979: 4,195,000,000 US$1980: 4,253,000,000 US$1981: 4,980,000,000 US$1982: 6,050,000,000 US$1983: 2,681,000,000 US$1984: 2,632,000,000 US$1985: 2,043,000,000 US$1986: 2,148,000,000 US$1987: 2,238,000,000 US$1988: 2,863,000,000 US$1989: 1,943,000,000 US$1990: 2,589,000,000 US$1991: 3,495,000,000 US$1992: 4,336,000,000 US$1993: 4,569,000,000 US$1994: 4,728,000,000 US$1995: 4,898,000,000 US$1996: 4,898,000,000 US$1997: 3,939,000,000 US$1998: 4,205,000,000 US$1999: 4,325,000,000 US$2000: 4,463,000,000 US$2001: 4,689,000,000 US$2002: 3,930,000,000 US$2003: 3,520,000,000 US$2004: 4,505,000,000 US$2005: 5,345,000,000 US$2006: 5,990,000,000 US$2007: 11,006,000,000 US$2008: 13,274,000,000 US$2009: 13,348,000,000 US$2010: 14,336,000,000 US$2011: 16,890,000,000 US$2012: 19,428,000,000 US$2013: 19,285,000,000 US$2014: 17,028,000,000 US$2015: 13,826,000,000 US$2016: 9,472,000,000 US$
Change over the period: +8.95B (+1,704.19%) Average annual rate: 6.49 %

Comparison, 2016

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

Venezuela 9.47B US$
World 4.98T US$
South America computed 150B US$
Service imports — Venezuela, by year Venezuela All countries CSV XLSX
Year US$ Change Change, %
2016 9.47B −4.35B −31.49%
2015 13.83B −3.2B −18.8%
2014 17.03B −2.26B −11.7%
2013 19.29B −143M −0.74%
2012 19.43B +2.54B +15.03%
2011 16.89B +2.55B +17.82%
2010 14.34B +988M +7.4%
2009 13.35B +74M +0.56%
2008 13.27B +2.27B +20.61%
2007 11.01B +5.02B +83.74%
2006 5.99B +645M +12.07%
2005 5.35B +840M +18.65%
2004 4.51B +985M +27.98%
2003 3.52B −410M −10.43%
2002 3.93B −759M −16.19%
2001 4.69B +226M +5.06%
2000 4.46B +138M +3.19%
1999 4.33B +120M +2.85%
1998 4.21B +266M +6.75%
1997 3.94B −959M −19.58%
1996 4.9B +0 +0%
1995 4.9B +170M +3.6%
1994 4.73B +159M +3.48%
1993 4.57B +233M +5.37%
1992 4.34B +841M +24.06%
1991 3.5B +906M +34.99%
1990 2.59B +646M +33.25%
1989 1.94B −920M −32.13%
1988 2.86B +625M +27.93%
1987 2.24B +90M +4.19%
1986 2.15B +105M +5.14%
1985 2.04B −589M −22.38%
1984 2.63B −49M −1.83%
1983 2.68B −3.37B −55.69%
1982 6.05B +1.07B +21.49%
1981 4.98B +727M +17.09%
1980 4.25B +58M +1.38%
1979 4.2B +260M +6.61%
1978 3.94B +980M +33.16%
1977 2.96B +887M +42.89%
1976 2.07B +422M +25.64%
1975 1.65B +503M +44.01%
1974 1.14B +395M +52.81%
1973 748M +83M +12.48%
1972 665M +71M +11.95%
1971 594M +69M +13.14%
1970 525M

About the indicator

Imports of services: what residents spend on foreign transport, travel, insurance, business and computer services. A large and inconspicuous item: the spending of a country's own tourists abroad is counted here, so countries with well-off populations and a short holiday season have large service imports even when merchandise trade is weak. For many countries the difference between exports and imports of services flips the sign of a trade balance computed on goods alone.

Important: The trips of a country's own citizens abroad are part of service imports, not a separate item. It excludes compensation paid to foreign workers and investment income.

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