Venezuela Current Account Balance

1994 - 2019 | Quarterly | USD mn | CEIC Data

Key information about Venezuela Current Account Balance

  • Venezuela Current Account recorded a surplus of 2.5 USD bn in Mar 2019, compared with a surplus of 2.0 USD bn in the previous quarter.
  • Venezuela Current Account Balance: USD mn data is updated quarterly, available from Mar 1994 to Mar 2019, with an averaged value of 1.7 USD bn.
  • The data reached an all-time high of 15.7 USD bn in Sep 2008 and a record low of -6.6 USD bn in Dec 2008.
  • CEIC extends history for quarterly Current Account Balance. The Central Bank of Venezuela provides Current Account Balance in USD. Current Account Balance prior to Q1 1997 is sourced from the International Monetary Fund.
  • Foreign Direct Investment (FDI) increased by 105.0 USD mn in Mar 2019.
  • Venezuela Direct Investment Abroad expanded by 234.0 USD mn in Mar 2019.
  • Its Foreign Portfolio Investment increased by 581.0 USD mn in Mar 2019.
  • The country's Nominal GDP was reported at 20,139.5 USD bn in Dec 2017.

View Venezuela's Current Account Balance from Mar 1994 to Mar 2019 in the chart:

Venezuela Current Account Balance

What was Venezuela's Current Account Balance in Mar 2019?

Venezuela Current Account recorded a surplus of 2.5 USD bn in Mar 2019, compared with a surplus of 2.0 USD bn in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2,533.0 Mar 2019 2,046.0 Dec 2018 -6,580.0 Dec 2008 15,700.0 Sep 2008 USD mn quarterly Mar 1994 - Mar 2019

Current Account Balance by Country Comparison

country/region Last Frequency Range
Albania (USD mn) -145.1 Mar 2023 quarterly Mar 1993 - Mar 2023
Algeria (USD mn) -2,970.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Argentina (USD mn) 3,490.2 Jun 2024 quarterly Mar 1976 - Jun 2024
Armenia (USD mn) -168.6 Jun 2024 quarterly Mar 1993 - Jun 2024
Australia (USD mn) -7,068.6 Jun 2024 quarterly Sep 1959 - Jun 2024
Austria (USD mn) 5,171.8 Mar 2023 quarterly Mar 1970 - Mar 2023
Azerbaijan (USD mn) 895.5 Jun 2024 quarterly Mar 2013 - Jun 2024
Bahrain (USD mn) 671.7 Jun 2024 quarterly Mar 2018 - Jun 2024
Bangladesh (USD mn) -188.8 Jul 2024 monthly Jul 1997 - Jul 2024
Belarus (USD mn) -1,726.9 Mar 2023 quarterly Mar 1996 - Mar 2023
Belgium (USD mn) -1,705.2 Dec 2022 monthly Jan 1995 - Dec 2022
Bolivia (USD mn) 39.0 Jun 2024 quarterly Mar 1988 - Jun 2024
Bosnia and Herzegovina (USD mn) -271.0 Jun 2024 quarterly Mar 2001 - Jun 2024
Botswana (USD mn) -44.3 Dec 2022 quarterly Mar 2004 - Dec 2022
Brazil (USD mn) -6,525.5 Sep 2024 monthly Jan 1995 - Sep 2024
Brunei (USD mn) -615.1 Dec 2020 quarterly Mar 2001 - Dec 2020
Bulgaria (USD mn) 351.4 Apr 2023 monthly Jan 1996 - Apr 2023
Cambodia (USD mn) -574.0 Jun 2024 quarterly Mar 1994 - Jun 2024
Canada (USD mn) -4,560.8 Mar 2023 quarterly Mar 1957 - Mar 2023
Chile (USD mn) -1,816.9 Jun 2024 quarterly Mar 2003 - Jun 2024
China (USD mn) 54,525.3 Jun 2024 quarterly Mar 1998 - Jun 2024
Colombia (USD mn) -1,630.4 Jun 2024 quarterly Mar 1996 - Jun 2024
Croatia (USD mn) -1,465.3 Dec 2022 quarterly Mar 1993 - Dec 2022
Cyprus (USD mn) -178.0 Dec 2022 quarterly Mar 2001 - Dec 2022
Czech Republic (USD mn) 782.0 Apr 2023 monthly Jan 2003 - Apr 2023
Denmark (USD mn) 5,296.0 Apr 2023 monthly Jan 2005 - Apr 2023
Ecuador (USD mn) 2,407.1 Jun 2024 quarterly Mar 1993 - Jun 2024
Egypt (USD mn) -3,711.1 Jun 2024 quarterly Dec 1993 - Jun 2024
Estonia (USD mn) 94.3 Apr 2023 monthly Jan 1999 - Apr 2023
European Union (USD mn) 135,819.1 Jun 2024 quarterly Mar 1999 - Jun 2024
Finland (USD mn) -1,912.9 Apr 2023 monthly Jan 1980 - Apr 2023
France (USD mn) -706.4 Aug 2024 monthly Jan 1999 - Aug 2024
Georgia (USD mn) -200.5 Mar 2023 quarterly Mar 1995 - Mar 2023
Germany (USD mn) 20,552.3 Aug 2024 monthly Jan 1991 - Aug 2024
Ghana (USD mn) 998.5 Jun 2024 quarterly Mar 2005 - Jun 2024
Greece (USD mn) 717.7 Aug 2024 monthly Jan 2000 - Aug 2024
Hong Kong SAR, China (USD mn) 12,924.5 Jun 2024 quarterly Mar 1999 - Jun 2024
Hungary (USD mn) 2,080.3 Jun 2024 quarterly Dec 1989 - Jun 2024
Iceland (USD mn) -71.2 Mar 2023 quarterly Mar 1976 - Mar 2023
India (USD mn) -9,739.2 Jun 2024 quarterly Jun 1949 - Jun 2024
Indonesia (USD mn) -2,150.2 Sep 2024 quarterly Mar 1981 - Sep 2024
Iran (USD mn) 14,204.8 2023 yearly 1997 - 2023
Ireland (USD mn) 14,845.9 Mar 2023 quarterly Mar 1981 - Mar 2023
Israel (USD mn) 4,962.6 Jun 2024 quarterly Mar 1992 - Jun 2024
Italy (USD mn) -1,662.6 Apr 2023 monthly Jan 1970 - Apr 2023
Ivory Coast (USD mn) -4,378.2 2023 yearly 1975 - 2023
Japan (USD mn) 14,232.0 Apr 2023 monthly Jan 1996 - Apr 2023
Jordan (USD mn) -1,007.6 Mar 2023 quarterly Mar 1977 - Mar 2023
Kazakhstan (USD mn) -662.8 Jun 2024 quarterly Dec 1997 - Jun 2024
Kenya (USD mn) -266.0 Jun 2024 monthly Jan 2002 - Jun 2024
South Korea (USD mn) 8,186.7 Sep 2024 monthly Jan 1980 - Sep 2024
Kosovo (USD mn) -400.8 Jun 2024 quarterly Mar 2009 - Jun 2024
Kuwait (USD mn) 11,086.1 Mar 2024 quarterly Mar 2012 - Mar 2024
Kyrgyzstan (USD mn) -1,294.6 Dec 2022 quarterly Mar 1993 - Dec 2022
Laos (USD mn) -172.6 Jun 2024 quarterly Mar 1994 - Jun 2024
Latvia (USD mn) 23.0 Apr 2023 monthly Jan 2000 - Apr 2023
Lebanon (USD mn) -227.4 Dec 2023 monthly Jan 2002 - Dec 2023
Lithuania (USD mn) 310.9 Aug 2024 monthly Jan 2001 - Aug 2024
Luxembourg (USD mn) 2,694.4 Jun 2024 quarterly Mar 1995 - Jun 2024
Macau SAR, China (USD mn) 16,954.8 2023 yearly 2002 - 2023
North Macedonia (USD mn) 108.9 Mar 2023 monthly Jan 2001 - Mar 2023
Malawi (USD mn) -1,752.1 2021 yearly 1977 - 2021
Malaysia (USD mn) 635.1 Jun 2024 quarterly Mar 1999 - Jun 2024
Malta (USD mn) 437.6 Jun 2024 quarterly Mar 1995 - Jun 2024
Mauritius (USD mn) -183.0 Sep 2023 quarterly Mar 2017 - Sep 2023
Mexico (USD mn) -14,282.0 Mar 2023 quarterly Mar 1980 - Mar 2023
Moldova (USD mn) -697.9 Jun 2024 quarterly Mar 1994 - Jun 2024
Mongolia (USD mn) -524.3 Sep 2024 monthly Jan 2009 - Sep 2024
Montenegro (USD mn) -278.9 Mar 2023 quarterly Mar 2004 - Mar 2023
Morocco (USD mn) -1,332.0 Jun 2024 quarterly Mar 2014 - Jun 2024
Mozambique (USD mn) -603.0 Jun 2024 quarterly Mar 1996 - Jun 2024
Myanmar (USD mn) 295.8 Mar 2024 quarterly Mar 1976 - Mar 2024
Nepal (USD mn) 313.5 Jul 2024 quarterly Oct 2000 - Jul 2024
Netherlands (USD mn) 27,762.5 Mar 2023 quarterly Mar 1967 - Mar 2023
New Zealand (USD mn) -5,231.7 Mar 2023 quarterly Jun 1971 - Mar 2023
Nigeria (USD mn) 5,142.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Norway (USD mn) 27,310.5 Mar 2023 quarterly Mar 1981 - Mar 2023
Oman (USD mn) 2,637.2 2023 yearly 1974 - 2023
Pakistan (USD mn) -62.0 Jun 2024 quarterly Mar 1976 - Jun 2024
Palestinian Territory (USD mn) -801.1 Jun 2024 quarterly Mar 2011 - Jun 2024
Panama (USD mn) 434.7 Jun 2024 quarterly Mar 1998 - Jun 2024
Paraguay (USD mn) 37.7 Jun 2024 quarterly Mar 2008 - Jun 2024
Peru (USD mn) 1,684.6 Jun 2024 quarterly Mar 1977 - Jun 2024
Philippines (USD mn) -368.4 Mar 2024 monthly Jan 1999 - Mar 2024
Poland (USD mn) -3,111.0 Aug 2024 monthly Jan 2000 - Aug 2024
Portugal (USD mn) -33.0 Aug 2024 monthly Jan 1996 - Aug 2024
Qatar (USD mn) 11,023.4 Jun 2024 quarterly Mar 2011 - Jun 2024
Romania (USD mn) -3,110.9 Aug 2024 monthly Jun 2002 - Aug 2024
Russia (USD mn) 7,000.0 Sep 2024 monthly Jan 2012 - Sep 2024
Saudi Arabia (USD mn) 4,324.3 Jun 2024 quarterly Mar 2006 - Jun 2024
Serbia (USD mn) -605.3 Aug 2024 monthly Jan 2013 - Aug 2024
Singapore (USD mn) 25,549.4 Jun 2024 quarterly Mar 1986 - Jun 2024
Slovakia (USD mn) -277.0 Aug 2024 monthly Jan 1997 - Aug 2024
Slovenia (USD mn) 359.8 Apr 2023 monthly Jan 1994 - Apr 2023
South Africa (USD mn) -932.5 Mar 2023 quarterly Mar 1960 - Mar 2023
Spain (USD mn) 6,198.7 Aug 2024 monthly Jan 1990 - Aug 2024
Sri Lanka (USD mn) 414.9 Jun 2024 quarterly Mar 1977 - Jun 2024
Sudan (USD mn) -1,752.8 Dec 2022 quarterly Mar 1977 - Dec 2022
Sweden (USD mn) 14,404.3 Jun 2024 quarterly Mar 1975 - Jun 2024
Switzerland (USD mn) 17,338.7 Mar 2023 quarterly Mar 1983 - Mar 2023

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Venezuela Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.9 2012 yearly 1998 - 2012
National Government Debt (USD mn) 105,131.7 2016 yearly 1996 - 2016
Government Debt: % of GDP (%) 3.5 2016 yearly 1997 - 2016
Forecast: Government Expenditure (VED bn) 437.177 2023 yearly 2018 - 2023
Forecast: Government Net Debt (VED bn) 4,250.801 2023 yearly 2018 - 2023
Forecast: Government Revenue (VED bn) 314.569 2023 yearly 2019 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 14.278 2024 yearly 1983 - 2024
Trade Balance (USD mn) -3,437.1 Oct 2014 monthly Jan 1994 - Oct 2014
Total Exports (USD mn) 196.9 Oct 2014 monthly Jan 1994 - Oct 2014
Total Exports Growth (%) 37.5 Oct 2014 monthly Jan 1995 - Oct 2014
Aluminum: Exports (USD th) 25,910.884 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,928.464 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 3,700.976 2022 yearly 1995 - 2022
Total Imports (USD mn) 3,634.0 Oct 2014 monthly Jan 1994 - Oct 2014
Total Imports Growth (%) -12.8 Oct 2014 monthly Jan 1995 - Oct 2014
Imports: Medicament (USD th) 381,424.669 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 162,048.898 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 607.571 Jul 2024 monthly Jan 1981 - Jul 2024
Total Imports from USA (USD mn) 265.986 Jul 2024 monthly Jan 1981 - Jul 2024
Total Exports to China (USD mn) 35.081 Jul 2024 monthly Jan 2000 - Jul 2024
Total Imports from China (USD mn) 531.361 Jul 2024 monthly Jan 2000 - Jul 2024
Exports: ytd: Netherlands (USD mn) 210.219 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mexico (USD mn) 31.886 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Transportation (USD mn) 143.917 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Metal (USD mn) 227.068 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mineral Product (USD mn) 577.323 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Electrical Equipment (USD mn) 19.331 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Chemical Product (USD mn) 1,016.192 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: United States (USD mn) 647.531 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Ecuador (USD mn) 8.988 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Colombia (USD mn) 240.059 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Colombia (USD mn) 1,758.351 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Food, Beverages and Tobacco (USD mn) 2,281.712 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Agricultural (Vegetal) (USD mn) 4,399.031 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Plastic and Manufacturing Product (USD mn) 1,562.038 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Germany (USD mn) 862.891 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Mineral (USD mn) 1,074.772 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Brazil (USD mn) 3,405.413 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: China (USD mn) 4,614.360 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Paper (USD mn) 610.290 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: United States (USD mn) 7,699.659 Oct 2014 monthly Jan 1998 - Oct 2014
Export Value Index (2015=100) 9.582 2021 yearly 1980 - 2021
Import Value Index (2015=100) 23.312 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 234.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Current Account Balance (USD mn) 2,533.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Current Account Balance: % of GDP (%) 0.0 2017 yearly 1970 - 2017
Foreign Direct Investment (USD mn) 105.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Foreign Direct Investment: % of GDP (%) -0.0 2017 yearly 1970 - 2017
Foreign Portfolio Investment (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Foreign Portfolio Investment: % of GDP (%) -0.0 2017 yearly 1997 - 2017
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Mar 2019 quarterly Mar 1997 - Mar 2019
Foreign Portfolio Investment: Debt Securities (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt (USD mn) 110,159.0 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: % of GDP (%) 0.6 2017 yearly 1997 - 2017
External Debt: Short Term (USD mn) 44,489.0 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Short Term: % of GDP (%) 0.2 2017 yearly 1997 - 2017
Forecast: Current Account Balance (USD bn) 3.682 2025 yearly 1980 - 2025
Net International Investment Position (USD mn) 110,721.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Goods (USD mn) 5,680.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment: Liabilities (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account (USD mn) -1,617.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Capital Account (USD mn) 0.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Other Investment (USD mn) -2,073.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Direct Investment (USD mn) -129.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Income (USD mn) -1,975.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Reserves: Assets (USD mn) -325.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Services (USD mn) -1,663.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment (USD mn) 585.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Net Errors and Omissions (USD mn) -620.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment: Assets (USD mn) 4.000 Mar 2019 quarterly Mar 1997 - Mar 2019
International Investment Position (IIP) (USD mn) 110,721.000 Mar 2019 quarterly Mar 1997 - Mar 2019
IIP: Assets (USD mn) 220,971.000 Mar 2019 quarterly Mar 1997 - Mar 2019
IIP: Liabilities (USD mn) 110,250.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Private: Total (USD mn) 18,645.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Public: Total (USD mn) 91,514.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.3 Jul 2018 monthly Jan 2004 - Jul 2018
Household Debt: % of GDP (%) 3.4 2017 yearly 2004 - 2017
Non-Performing Loans (USD mn) 6.427 Mar 2023 monthly Jan 2004 - Mar 2023
Money Supply M1 (USD mn) 3,388.944 Oct 2024 monthly Jan 1996 - Oct 2024
Money Supply M2 (USD mn) 3,392.563 Oct 2024 monthly Jan 1996 - Oct 2024
M2 Growth (%) 152.0 Oct 2024 monthly Jan 1997 - Oct 2024
Reserve Requirement Ratio (%) 73.0 Oct 2024 monthly Jan 2004 - Oct 2024
Foreign Exchange Reserves (USD mn) 10,778.0 Oct 2024 monthly Dec 1961 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 0.048 2017 yearly 1995 - 2017
Foreign Exchange Reserves: Months of Import (NA) 6.0 Jul 2024 monthly Jan 1981 - Jul 2024
Gold Reserves (USD mn) 4,497.791 Sep 2024 monthly Dec 1950 - Sep 2024
Total Deposits (USD mn) 159.256 Mar 2023 monthly Jan 2005 - Mar 2023
Total Deposits Growth (%) 344.5 Mar 2023 monthly Jan 2006 - Mar 2023
Domestic Credit (USD mn) 279,943.9 Aug 2014 monthly Jan 1966 - Aug 2014
Domestic Credit Growth (%) 70.2 Aug 2014 monthly Jan 1967 - Aug 2014
Household Debt (USD mn) 27.5 Mar 2023 monthly Jan 2004 - Mar 2023
Total Loans (USD mn) 881.730 Mar 2023 monthly Jan 2004 - Mar 2023
Total Loans Growth (%) 1,260.58 Mar 2023 monthly Jan 2005 - Mar 2023
Private Debt: % of Nominal GDP (%) 39.51 2014 yearly 1960 - 2014
International Reserve: Total (USD mn) 10,778.000 Oct 2024 monthly Jan 1996 - Oct 2024

More Indicators for Venezuela

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