Venezuela - Exports of goods and services

Exports of goods and services (BoP, current US$)

The latest value for Exports of goods and services (BoP, current US$) in Venezuela was $94,794,000,000 as of 2011. Over the past 6 years, the value for this indicator has fluctuated between $97,183,000,000 in 2008 and $57,058,000,000 in 2005.

Definition: Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
2005 $57,058,000,000
2006 $67,122,000,000
2007 $71,795,000,000
2008 $97,183,000,000
2009 $59,821,000,000
2010 $67,594,000,000
2011 $94,794,000,000

Exports of goods and services (current US$)

The latest value for Exports of goods and services (current US$) in Venezuela was $94,764,310,000 as of 2011. Over the past 51 years, the value for this indicator has fluctuated between $112,355,000,000 in 2010 and $2,332,412,000 in 1960.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $2,332,412,000
1961 $2,558,579,000
1962 $2,880,092,000
1963 $3,078,799,000
1964 $2,444,518,000
1965 $2,479,021,000
1966 $2,457,275,000
1967 $2,544,259,000
1968 $2,566,004,000
1969 $2,544,259,000
1970 $2,718,225,000
1971 $3,242,499,000
1972 $3,254,951,000
1973 $4,878,344,000
1974 $11,246,410,000
1975 $9,055,844,000
1976 $9,361,325,000
1977 $9,829,050,000
1978 $9,490,895,000
1979 $14,473,050,000
1980 $19,319,950,000
1981 $20,266,780,000
1982 $16,997,950,000
1983 $15,334,500,000
1984 $15,001,420,000
1985 $13,973,030,000
1986 $11,675,350,000
1987 $9,720,927,000
1988 $12,017,950,000
1989 $14,380,400,000
1990 $18,552,360,000
1991 $16,220,410,000
1992 $15,408,700,000
1993 $15,664,840,000
1994 $17,447,010,000
1995 $20,300,200,000
1996 $24,924,040,000
1997 $25,115,170,000
1998 $19,108,470,000
1999 $22,447,550,000
2000 $34,844,640,000
2001 $27,944,300,000
2002 $28,269,620,000
2003 $28,308,950,000
2004 $40,705,560,000
2005 $57,708,690,000
2006 $67,003,460,000
2007 $71,713,550,000
2008 $97,273,250,000
2009 $59,531,010,000
2010 $112,355,000,000
2011 $94,764,310,000

Exports of goods and services (current LCU)

The value for Exports of goods and services (current LCU) in Venezuela was 406,473,000,000 as of 2011. As the graph below shows, over the past 51 years this indicator reached a maximum value of 406,473,000,000 in 2011 and a minimum value of 7,812,608 in 1960.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 7,812,608
1961 8,570,814
1962 9,647,350
1963 10,312,950
1964 10,752,830
1965 11,031,640
1966 10,934,880
1967 11,321,950
1968 11,418,720
1969 11,321,950
1970 12,096,100
1971 14,418,550
1972 14,321,780
1973 20,998,830
1974 48,190,860
1975 38,804,290
1976 40,159,060
1977 42,191,200
1978 40,739,670
1979 62,125,570
1980 82,930,870
1981 86,995,150
1982 72,963,680
1983 65,899,560
1984 105,271,900
1985 104,797,700
1986 94,375,710
1987 140,953,400
1988 174,260,300
1989 498,733,900
1990 870,115,100
1991 921,580,600
1992 1,053,590,000
1993 1,422,774,000
1994 2,590,934,000
1995 3,589,928,000
1996 10,401,600,000
1997 12,272,150,000
1998 10,462,960,000
1999 13,596,860,000
2000 23,692,960,000
2001 20,222,340,000
2002 32,819,610,000
2003 45,440,670,000
2004 76,987,780,000
2005 120,597,000,000
2006 143,856,000,000
2007 153,969,000,000
2008 208,846,000,000
2009 127,813,000,000
2010 290,107,000,000
2011 406,473,000,000

Exports of goods and services (constant 2000 US$)

The latest value for Exports of goods and services (constant 2000 US$) in Venezuela was 23,844,790,000 as of 2011. Over the past 37 years, the value for this indicator has fluctuated between 36,990,750,000 in 1998 and 14,889,630,000 in 1983.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2000 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1974 28,186,080,000
1975 22,513,130,000
1976 22,304,670,000
1977 20,919,930,000
1978 19,862,770,000
1979 21,455,960,000
1980 17,942,010,000
1981 16,929,510,000
1982 15,366,100,000
1983 14,889,630,000
1984 17,257,080,000
1985 16,542,380,000
1986 18,582,260,000
1987 18,329,140,000
1988 19,058,730,000
1989 20,155,350,000
1990 23,037,540,000
1991 24,014,450,000
1992 23,526,510,000
1993 26,355,100,000
1994 28,480,440,000
1995 30,271,820,000
1996 32,643,140,000
1997 35,726,040,000
1998 36,990,750,000
1999 32,925,910,000
2000 34,844,640,000
2001 33,607,870,000
2002 32,276,840,000
2003 28,925,290,000
2004 32,883,920,000
2005 34,123,480,000
2006 33,093,910,000
2007 30,594,790,000
2008 30,293,930,000
2009 26,149,250,000
2010 22,782,010,000
2011 23,844,790,000

Exports of goods and services (annual % growth)

The value for Exports of goods and services (annual % growth) in Venezuela was 4.66 as of 2011. As the graph below shows, over the past 36 years this indicator reached a maximum value of 15.90 in 1984 and a minimum value of -20.13 in 1975.

Definition: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 -20.13
1976 -0.93
1977 -6.21
1978 -5.05
1979 8.02
1980 -16.38
1981 -5.64
1982 -9.23
1983 -3.10
1984 15.90
1985 -4.14
1986 12.33
1987 -1.36
1988 3.98
1989 5.75
1990 14.30
1991 4.24
1992 -2.03
1993 12.02
1994 8.06
1995 6.29
1996 7.83
1997 9.44
1998 3.54
1999 -10.99
2000 5.83
2001 -3.55
2002 -3.96
2003 -10.38
2004 13.69
2005 3.77
2006 -3.02
2007 -7.55
2008 -0.98
2009 -13.68
2010 -12.88
2011 4.66

Exports of goods and services (constant LCU)

The value for Exports of goods and services (constant LCU) in Venezuela was 8,190,856,000 as of 2011. As the graph below shows, over the past 37 years this indicator reached a maximum value of 12,706,590,000 in 1998 and a minimum value of 5,114,697,000 in 1983.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1974 9,682,120,000
1975 7,733,421,000
1976 7,661,815,000
1977 7,186,148,000
1978 6,823,005,000
1979 7,370,277,000
1980 6,163,209,000
1981 5,815,410,000
1982 5,278,366,000
1983 5,114,697,000
1984 5,927,933,000
1985 5,682,428,000
1986 6,383,141,000
1987 6,296,190,000
1988 6,546,811,000
1989 6,923,509,000
1990 7,913,560,000
1991 8,249,136,000
1992 8,081,527,000
1993 9,053,166,000
1994 9,783,238,000
1995 10,398,590,000
1996 11,213,150,000
1997 12,272,150,000
1998 12,706,590,000
1999 11,310,290,000
2000 11,969,390,000
2001 11,544,550,000
2002 11,087,330,000
2003 9,936,047,000
2004 11,295,860,000
2005 11,721,660,000
2006 11,368,000,000
2007 10,509,530,000
2008 10,406,180,000
2009 8,982,455,000
2010 7,825,785,000
2011 8,190,856,000

Exports of goods and services (% of GDP)

Exports of goods and services (% of GDP) in Venezuela was 29.94 as of 2011. Its highest value over the past 51 years was 39.66 in 2005, while its lowest value was 18.07 in 2009.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 27.10
1961 28.67
1962 29.17
1963 28.87
1964 26.82
1965 25.82
1966 24.34
1967 24.29
1968 22.37
1969 21.33
1970 20.92
1971 22.41
1972 20.44
1973 25.09
1974 38.66
1975 28.83
1976 25.81
1977 23.22
1978 20.41
1979 25.96
1980 28.78
1981 26.84
1982 22.16
1983 19.51
1984 26.81
1985 24.12
1986 19.82
1987 21.44
1988 20.57
1989 34.12
1990 39.45
1991 31.35
1992 26.35
1993 26.96
1994 30.86
1995 27.11
1996 36.51
1997 29.26
1998 20.92
1999 22.91
2000 29.74
2001 22.74
2002 30.43
2003 33.85
2004 36.20
2005 39.66
2006 36.52
2007 31.13
2008 30.82
2009 18.07
2010 28.53
2011 29.94

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments