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Venezuela (Venezuela (Bolivarian Republic of)) Current Account Balance (% GDP) Statistics

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Country or Region: Venezuela (Venezuela (Bolivarian Republic of)) › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Venezuela indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Bolivar Fuerte
Currency Symbol: VEF

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Venezuela (Venezuela (Bolivarian Republic of)), Year 2010 - In Detail

Current Account Balance (% GDP) for Venezuela in year 2010 is 4.946 %

This makes Venezuela No. 28 in world rankings according to Current Account Balance (% GDP) in year 2010. The world's average Current Account Balance (% GDP) value is -2.68 %; Venezuela is 7.63 more than the average.

In the previous year, 2009, Current Account Balance (% GDP) for Venezuela was 2.63 % Current Account Balance (% GDP) for Venezuela in 2010 was or will be 88.13% more than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (% GDP) for Venezuela was or will be 7.02 %, which is 41.91% more than the 2010 figure.

* Source: IMF
Current Account Balance (% GDP) for Venezuela, in other Years
Year %
  2016 2.009
  2015 3.502
  2014 4.192
  2013 4.629
  2012 6.294
  2011 7.019
2010 4.946
  2009 2.629
  2008 12.035
  2007 8.841
  2006 14.827
  2005 17.716
  2004 13.758
  2003 14.137
  2002 8.181
  2001 1.613
  2000 10.118
  1999 2.156
  1998 -4.852
  1997 4.347
  1996 12.744
  1995 2.759
  1994 4.495
  1993 -3.329
  1992 -6.213
  1991 3.604
  1990 17.465
  1989 5.46
  1988 -9.174
  1987 -6.236
  1986 -3.264
  1985 6.209
  1984 8.724
  1983 6.028
  1982 -4.847
  1981 5.66
  1980 7.411