Venezuela - Trade in services (% of GDP)

Trade in services (% of GDP) in Venezuela was 3.97 as of 2014. Its highest value over the past 44 years was 11.61 in 1978, while its lowest value was 3.97 in 2014.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1970 5.74
1971 5.71
1972 5.90
1973 5.84
1974 5.62
1975 7.34
1976 7.67
1977 9.55
1978 11.61
1979 9.92
1980 8.37
1981 8.65
1982 10.47
1983 5.57
1984 5.53
1985 4.58
1986 4.93
1987 6.46
1988 6.14
1989 6.61
1990 7.77
1991 8.84
1992 9.38
1993 9.86
1994 10.81
1995 8.50
1996 9.19
1997 6.12
1998 6.17
1999 5.80
2000 4.82
2001 4.94
2002 5.33
2003 5.26
2004 5.00
2005 4.60
2006 4.11
2007 5.59
2008 4.89
2009 4.70
2010 4.12
2011 5.94
2012 5.66
2013 5.80
2014 3.97

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments