09, Dec 2019, EST.

Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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: Central Bank. http://www.bcv.org.ve/c2/indicadores.asp Latest actual data: 2012. BOP for 2013Q1 available on central bank website. BOP Manual used: Balance of Payments Manual, fifth edition (BPM5). Venezuela compiles and disseminates BOP/IIP in BPM5. These historical data, for publication purposes in the IFS, are converted to BPM6 by STA. WEO data are published in BPM5. Primary domestic currency: Venezuelan bol

Current Account Balance (US Dollars) for Venezuela in year 2015 is US$ -18.15 Billion. 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.

This makes Venezuela No. 177 in world rankings according to Current Account Balance (US Dollars) in year 2015. The world's average Current Account Balance (US Dollars) value is US$ 7.04 Billion; Venezuela is US$ 25.19 less than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for Venezuela was US$ 3.60 Billion Current Account Balance (US Dollars) for Venezuela in 2015 was or will be 604.45% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for Venezuela was or will be US$-12.16 Billion, which is 33.00% less than the 2015 figure.