Venezuela - Net current transfers from abroad

Net current transfers from abroad (current US$)

The latest value for Net current transfers from abroad (current US$) in Venezuela was ($464,812,200.00) as of 2010. Over the past 45 years, the value for this indicator has fluctuated between $138,000,000.00 in 1996 and ($639,000,000.00) in 1982.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.

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

See also:

Year Value
1965 ($44,000,000.00)
1966 ($53,000,000.00)
1967 ($48,000,000.00)
1968 ($80,000,000.00)
1969 ($97,000,000.00)
1970 ($92,000,060.00)
1971 ($83,000,000.00)
1972 ($94,999,870.00)
1973 ($111,000,100.00)
1974 ($199,000,000.00)
1975 ($172,999,900.00)
1976 ($232,000,100.00)
1977 ($283,000,100.00)
1978 ($407,000,100.00)
1979 ($407,000,300.00)
1980 ($439,000,300.00)
1981 ($409,000,200.00)
1982 ($639,000,000.00)
1983 ($211,000,100.00)
1984 ($157,999,700.00)
1985 ($142,000,100.00)
1986 ($124,999,900.00)
1987 ($91,000,380.00)
1988 ($147,000,000.00)
1989 ($265,000,200.00)
1990 ($301,999,800.00)
1991 ($363,999,700.00)
1992 ($374,000,000.00)
1993 ($368,000,000.00)
1994 ($84,000,000.00)
1995 $109,000,200.00
1996 $138,000,000.00
1997 ($97,000,000.00)
1998 ($201,000,000.00)
1999 ($67,000,000.00)
2000 ($170,000,000.00)
2001 ($148,000,000.00)
2002 ($157,000,000.00)
2003 $20,000,000.00
2004 ($72,000,000.00)
2005 ($62,000,000.00)
2006 ($78,000,000.00)
2007 ($431,000,000.00)
2008 ($608,000,000.00)
2009 ($323,000,000.00)
2010 ($464,812,200.00)

Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in Venezuela was -1,200,173,000.00 as of 2010. As the graph below shows, over the past 45 years this indicator reached a maximum value of 57,591,820.00 in 1996 and a minimum value of -1,305,376,000.00 in 2008.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

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

Year Value
1965 -195,800.00
1966 -235,850.00
1967 -213,600.00
1968 -356,000.00
1969 -431,650.00
1970 -409,400.30
1971 -369,079.40
1972 -417,999.40
1973 -477,800.10
1974 -852,715.00
1975 -741,304.40
1976 -995,254.80
1977 -1,214,778.00
1978 -1,747,048.00
1979 -1,747,049.00
1980 -1,884,409.00
1981 -1,755,633.00
1982 -2,742,908.00
1983 -906,766.40
1984 -1,108,757.00
1985 -1,065,001.00
1986 -1,010,415.00
1987 -1,319,506.00
1988 -2,131,500.00
1989 -9,190,604.00
1990 -14,163,940.00
1991 -20,681,040.00
1992 -25,572,740.00
1993 -33,423,970.00
1994 -12,474,250.00
1995 19,275,810.00
1996 57,591,820.00
1997 -47,397,600.00
1998 -110,058,800.00
1999 -40,583,040.00
2000 -115,593,200.00
2001 -107,102,600.00
2002 -182,269,200.00
2003 32,103,400.00
2004 -136,176,000.00
2005 -129,564,500.00
2006 -167,466,000.00
2007 -925,357,000.00
2008 -1,305,376,000.00
2009 -693,481,000.00
2010 -1,200,173,000.00

Net current transfers from abroad (constant LCU)

The value for Net current transfers from abroad (constant LCU) in Venezuela was -92,946,370.00 as of 2010. As the graph below shows, over the past 36 years this indicator reached a maximum value of 84,021,880.00 in 1996 and a minimum value of -278,616,900.00 in 1982.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.

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

Year Value
1974 -167,199,500.00
1975 -142,785,400.00
1976 -182,335,200.00
1977 -206,543,000.00
1978 -268,766,900.00
1979 -235,202,800.00
1980 -224,854,800.00
1981 -188,620,100.00
1982 -278,616,900.00
1983 -85,474,670.00
1984 -93,212,870.00
1985 -79,849,500.00
1986 -66,971,770.00
1987 -66,155,640.00
1988 -85,574,250.00
1989 -218,926,300.00
1990 -244,972,200.00
1991 -268,975,600.00
1992 -254,962,100.00
1993 -245,849,500.00
1994 -57,236,060.00
1995 57,676,670.00
1996 84,021,880.00
1997 -47,397,600.00
1998 -85,683,460.00
1999 -26,678,850.00
2000 -64,867,360.00
2001 -53,304,010.00
2002 -70,310,580.00
2003 9,459,618.00
2004 -32,416,900.00
2005 -26,282,170.00
2006 -29,799,130.00
2007 -145,698,800.00
2008 -163,106,300.00
2009 -67,488,570.00
2010 -92,946,370.00

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts