Venezuela - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Venezuela was -14.70 as of 2014. Its highest value over the past 54 years was 24.40 in 1974, while its lowest value was -14.70 in 2014.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 12.29 |
| 1961 | 14.78 |
| 1962 | 15.77 |
| 1963 | 16.86 |
| 1964 | 12.19 |
| 1965 | 9.95 |
| 1966 | 10.53 |
| 1967 | 9.76 |
| 1968 | 5.79 |
| 1969 | 4.60 |
| 1970 | 4.46 |
| 1971 | 6.27 |
| 1972 | 3.30 |
| 1973 | 9.51 |
| 1974 | 24.40 |
| 1975 | 7.87 |
| 1976 | 0.86 |
| 1977 | -7.95 |
| 1978 | -13.17 |
| 1979 | 1.49 |
| 1980 | 7.88 |
| 1981 | 5.60 |
| 1982 | -2.96 |
| 1983 | 9.66 |
| 1984 | 7.51 |
| 1985 | 5.66 |
| 1986 | -0.42 |
| 1987 | -1.83 |
| 1988 | -6.46 |
| 1989 | 12.61 |
| 1990 | 18.64 |
| 1991 | 4.96 |
| 1992 | -2.47 |
| 1993 | -0.22 |
| 1994 | 8.29 |
| 1995 | 5.12 |
| 1996 | 14.70 |
| 1997 | 7.27 |
| 1998 | -1.76 |
| 1999 | 3.75 |
| 2000 | 11.63 |
| 2001 | 3.33 |
| 2002 | 12.29 |
| 2003 | 17.13 |
| 2004 | 17.03 |
| 2005 | 19.19 |
| 2006 | 14.37 |
| 2007 | 6.06 |
| 2008 | 9.81 |
| 2009 | -2.38 |
| 2010 | 10.92 |
| 2011 | 10.25 |
| 2012 | 1.94 |
| 2013 | -4.75 |
| 2014 | -14.70 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
