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Country or Region: Venezuela (Venezuela (Bolivarian Republic of)) › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Venezuela indicators, › See Current Account Balance (US Dollars) 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. Source: Ministry of Finance Latest actual data: 2010 BOP Manual used: BPM 6 Primary domestic currency: Venezuelan bolívares Data last updated: 03/2011

Current Account Balance (US Dollars) for Venezuela in year 2010 is US$ 14.378 Billion

This makes Venezuela No. 23 in world rankings according to Current Account Balance (US Dollars) in year 2010. The world's average Current Account Balance (US Dollars) value is US$ 6.76 Billion; Venezuela is US$ 7.62 more than the average.

In the previous year, 2009, Current Account Balance (US Dollars) for Venezuela was US$ 8.56 Billion Current Account Balance (US Dollars) for Venezuela in 2010 was or will be 67.95% more than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (US Dollars) for Venezuela was or will be US$20.66 Billion, which is 43.66% more than the 2010 figure.