Venezuela - Use of IMF credit

Use of IMF credit (DOD, current US$)

The latest value for Use of IMF credit (DOD, current US$) in Venezuela was 3,662,971,000 as of 2020. Over the past 31 years, the value for this indicator has fluctuated between 3,987,037,000 in 2009 and 398,245,200 in 2001.

Definition: Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1989 998,062,500
1990 3,011,736,000
1991 3,248,972,000
1992 2,946,277,000
1993 2,679,454,000
1994 2,642,559,000
1995 2,238,591,000
1996 2,196,376,000
1997 1,617,604,000
1998 1,225,490,000
1999 1,176,120,000
2000 615,589,800
2001 398,245,200
2002 430,818,300
2003 470,889,000
2004 492,133,300
2005 452,921,400
2006 476,729,300
2007 500,765,400
2008 488,096,200
2009 3,987,037,000
2010 3,916,690,000
2011 3,904,584,000
2012 3,908,781,000
2013 3,916,614,000
2014 3,684,682,000
2015 3,524,268,000
2016 3,418,980,000
2017 3,621,938,000
2018 3,537,139,000
2019 3,516,879,000
2020 3,662,971,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt