Financial account balance (assets less liabilities), Net (net) in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Financial account balance (assets less liabilities), Net (net) was -6.67 billion in 2016. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Venezuela, Bolivarian Republic of, 2005–2016
Source: International Monetary Fund.
Analysis
Venezuela, Bolivarian Republic of recorded -6.67 billion for financial account balance (assets less liabilities), net (net) in 2016.
Compared with earlier readings it is up 70.1% on the previous year and down 127.5% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Venezuela, Bolivarian Republic of peaked at 29.39 billion in 2008 and was at its lowest, -22.30 billion, in 2015.
That places Venezuela, Bolivarian Republic of 179th out of 197 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial account balance (assets less liabilities), Net (net) in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 21.85 billion | — |
| 2006 | 24.25 billion | +11.0% |
| 2007 | 12.67 billion | -47.7% |
| 2008 | 29.39 billion | +131.8% |
| 2009 | -2.38 billion | -108.1% |
| 2010 | 1.64 billion | -169.2% |
| 2011 | 14.86 billion | +804.1% |
| 2012 | 463.82 million | -96.9% |
| 2013 | 1.19 billion | +155.7% |
| 2014 | 1.70 billion | +43.3% |
| 2015 | -22.30 billion | -1411.6% |
| 2016 | -6.67 billion | -70.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.16 billion | -2.38 billion | 29.39 billion | 5 |
| 2010s | -1.30 billion | -22.30 billion | 14.86 billion | 7 |
Countries ranked near Venezuela, Bolivarian Republic of
More external debt data for Venezuela, Bolivarian Republic of
- Other investment, Debt instruments 191.50 billion US dollar (2016)
- Other investment, Debt instruments (Assets, Positions, US dollar) -4.07 % change on previous year (2016)
- Other investment, Debt instruments, Deposit taking corporations 842.00 million US dollar (2016)
- Other investment, Debt instruments (Assets, Positions, US dollar) 6,225 US dollar per person (2016)
- Other investment, Debt instruments (Assets, Positions, US dollar) 1.7 US dollar per US$ of GDP (2016)
- Liabilities, International Liquidity, Liabilities to Nonresidents 801.48 million (2015)
- Net lending (+) / net borrowing (-), General government, Percent of -5.5 (2030)
- Other investment, Debt instruments, Deposit taking corporations -7.57 % change on previous year (2016)
- Primary net lending (+) / net borrowing (-), General government -4.54 (2030)
- Other investment, Debt instruments, Deposit taking corporations 27.37 US dollar per person (2016)
Frequently asked questions
- What is financial account balance (assets less liabilities), net (net) in Venezuela, Bolivarian Republic of?
- Financial account balance (assets less liabilities), net (net) in Venezuela, Bolivarian Republic of was -6.67 billion in 2016, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 29.39 billion in 2008.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -22.30 billion in 2015.
- How does Venezuela, Bolivarian Republic of rank for financial account balance (assets less liabilities), net (net)?
- Venezuela, Bolivarian Republic of ranks 179th out of 197 countries with data for 2016.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 127.5%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.