Venezuela Policy Rate
Key information about Venezuela Policy Rate
- Venezuela cash rate (Policy Rate: Month Avg: Venezuela: Weighted Average Nominal Interest Rate: Active Rate) was set at 53.62 % pa in May 2023, compared with 57.57 % pa in the previous Apr 2023.
- Venezuela Policy Rate averaged 22.89 % pa and is updated monthly, available from Jan 1990 to May 2023.
- The data reached an all-time high of 72.23 % pa in Sep 1998 and a record low of 13.83 % pa in Jun 2006.
The Central Bank of Venezuela provides monthly Weighted Average Nominal Interest Rate: Active Rate.
Related information about Venezuela Policy Rate
- In the latest reports, Venezuela Short Term Interest Rate: Month End: Venezuela: Interbank Rate: Weighted Average was reported at 159.46 % pa in May 2023.
- Its Long Term Interest Rate (Long Term Interest Rate: Month Avg: Venezuela: Government Bond Yield: 10 Years) was reported at 13.66 % pa in Sep 2018.
- Venezuela Exchange Rate against USD averaged 25.42 (USD/VED) in May 2023.
View Venezuela's Policy Rate from Jan 1990 to May 2023 in the chart:
What was Venezuela's Policy Rate in May 2023?
Venezuela cash rate (Policy Rate: Month Avg: Venezuela: Weighted Average Nominal Interest Rate: Active Rate) was set at 53.62 % pa in May 2023, compared with 57.57 % pa in the previous Apr 2023. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
53.62 May 2023 | 57.57 Apr 2023 | 13.83 Jun 2006 | 72.23 Sep 1998 | % pa | monthly | Jan 1990 - May 2023 |
Policy Rate by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (% pa) | 3.00 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Algeria (% pa) | 3.00 Oct 2024 | monthly | Jan 1963 - Oct 2024 |
Argentina (%) | 40.45 Oct 2024 | monthly | Aug 1985 - Oct 2024 |
Armenia (% pa) | 7.25 Oct 2024 | monthly | May 2001 - Oct 2024 |
Australia (% pa) | 4.35 Oct 2024 | monthly | Aug 1990 - Oct 2024 |
Austria (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Azerbaijan (% pa) | 7.25 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
Bahrain (% pa) | 5.75 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
Bangladesh (% pa) | 9.50 Sep 2024 | monthly | Sep 2009 - Sep 2024 |
Belarus (% pa) | 9.50 Oct 2024 | monthly | Jul 1991 - Oct 2024 |
Belgium (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Bolivia (% pa) | 3.08 Oct 2024 | monthly | Jan 2013 - Oct 2024 |
Botswana (% pa) | 3.75 Apr 2022 | monthly | Aug 1976 - Apr 2022 |
Brazil (% pa) | 10.75 Oct 2024 | monthly | Mar 1999 - Oct 2024 |
Bulgaria (% pa) | 3.43 Oct 2024 | monthly | Feb 1991 - Oct 2024 |
Canada (% pa) | 3.75 Oct 2024 | monthly | Dec 1992 - Oct 2024 |
Chile (% pa) | 5.25 Oct 2024 | monthly | May 1995 - Oct 2024 |
China (% pa) | 2.65 Jun 2023 | monthly | Jan 2016 - Jun 2023 |
Colombia (% pa) | 9.75 Nov 2024 | monthly | Apr 1995 - Nov 2024 |
Croatia (% pa) | 3.00 Dec 2022 | monthly | Dec 1992 - Dec 2022 |
Cyprus (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Czech Republic (% pa) | 3.25 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
Denmark (% pa) | 2.85 Oct 2024 | monthly | Aug 1914 - Oct 2024 |
Ecuador (% pa) | 10.73 Nov 2024 | monthly | Jul 1995 - Nov 2024 |
Egypt (% pa) | 27.75 Oct 2024 | monthly | Jan 1991 - Oct 2024 |
Estonia (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
European Union (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Finland (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
France (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Georgia (% pa) | 8.00 Oct 2024 | monthly | Jan 2008 - Oct 2024 |
Germany (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Ghana (% pa) | 29.50 May 2023 | monthly | Nov 2002 - May 2023 |
Greece (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Hong Kong SAR, China (% pa) | 5.25 Oct 2024 | monthly | Jun 1992 - Oct 2024 |
Hungary (% pa) | 6.50 Oct 2024 | monthly | Oct 1990 - Oct 2024 |
Iceland (% pa) | 10.00 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
India (% pa) | 6.50 Oct 2024 | monthly | Apr 2001 - Oct 2024 |
Indonesia (% pa) | 6.00 Oct 2024 | monthly | Jun 2015 - Oct 2024 |
Ireland (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Israel (% pa) | 4.50 Oct 2024 | monthly | Dec 1998 - Oct 2024 |
Italy (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Ivory Coast (% pa) | 2.50 Mar 2017 | monthly | Jan 1964 - Mar 2017 |
Japan (% pa) | -0.10 Jun 2023 | monthly | Nov 2008 - Jun 2023 |
Jordan (% pa) | 8.00 Oct 2024 | monthly | Dec 1965 - Oct 2024 |
Kazakhstan (% pa) | 14.25 Oct 2024 | monthly | Feb 1992 - Oct 2024 |
Kenya (% pa) | 12.00 Oct 2024 | monthly | Jul 2003 - Oct 2024 |
South Korea (% pa) | 3.25 Oct 2024 | monthly | May 1999 - Oct 2024 |
Kosovo (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Kuwait (% pa) | 4.00 Sep 2024 | monthly | Jul 1999 - Sep 2024 |
Kyrgyzstan (% pa) | 9.00 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Laos (% pa) | 7.50 May 2023 | monthly | Dec 1992 - May 2023 |
Latvia (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Lebanon (% pa) | 10.00 Jan 2023 | monthly | Apr 1964 - Jan 2023 |
Lithuania (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Luxembourg (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Macau SAR, China (% pa) | 5.25 Oct 2024 | monthly | Dec 1999 - Oct 2024 |
North Macedonia (% pa) | 5.80 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
Malawi (% pa) | 26.00 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Malaysia (% pa) | 3.00 Oct 2024 | monthly | Apr 2004 - Oct 2024 |
Malta (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Mauritius (% pa) | 4.00 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
Mexico (% pa) | 10.50 Sep 2024 | monthly | Jan 2008 - Sep 2024 |
Moldova (% pa) | 3.60 Oct 2024 | monthly | Feb 2001 - Oct 2024 |
Mongolia (% pa) | 10.00 Oct 2024 | monthly | Jul 2007 - Oct 2024 |
Montenegro (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Morocco (% pa) | 2.75 Oct 2024 | monthly | Jun 1995 - Oct 2024 |
Myanmar (% pa) | 7.00 2024 | yearly | 1986 - 2024 |
Nepal (% pa) | 6.50 Sep 2024 | monthly | Jul 2003 - Sep 2024 |
Netherlands (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
New Zealand (% pa) | 5.50 May 2023 | monthly | Mar 1999 - May 2023 |
Nigeria (% pa) | 27.25 Oct 2024 | monthly | Dec 2006 - Oct 2024 |
Norway (% pa) | 4.50 Aug 2024 | monthly | Jan 1991 - Aug 2024 |
Oman (% pa) | 5.50 Oct 2024 | monthly | May 2007 - Oct 2024 |
Pakistan (% pa) | 18.50 Oct 2024 | monthly | Feb 1992 - Oct 2024 |
Paraguay (% pa) | 6.00 Oct 2024 | monthly | Jul 2010 - Oct 2024 |
Peru (% pa) | 5.25 Oct 2024 | monthly | Sep 2003 - Oct 2024 |
Philippines (% pa) | 7.00 May 2024 | monthly | Jun 2016 - May 2024 |
Poland (% pa) | 5.75 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
Portugal (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Qatar (% pa) | 5.70 Oct 2024 | monthly | Mar 2003 - Oct 2024 |
Romania (% pa) | 6.50 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
Russia (% pa) | 21.00 Oct 2024 | monthly | Sep 2013 - Oct 2024 |
Saudi Arabia (% pa) | 5.50 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Serbia (% pa) | 5.75 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
Singapore (% pa) | 4.00 Jun 2023 | monthly | Jul 2005 - Jun 2023 |
Slovakia (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Slovenia (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
South Africa (% pa) | 8.00 Oct 2024 | monthly | Nov 1999 - Oct 2024 |
Spain (% pa) | 3.40 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Sri Lanka (% pa) | 8.25 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
Sweden (% pa) | 3.25 Oct 2024 | monthly | Jan 1987 - Oct 2024 |
Switzerland (% pa) | 0.94 Oct 2024 | monthly | Jun 1999 - Oct 2024 |
Syria (% pa) | 5.00 Sep 2024 | monthly | Jan 1962 - Sep 2024 |
Taiwan (% pa) | 2.00 Oct 2024 | monthly | Jul 1961 - Oct 2024 |
Tajikistan (% pa) | 9.00 Oct 2024 | monthly | Jun 1995 - Oct 2024 |
Thailand (% pa) | 2.25 Oct 2024 | monthly | May 2000 - Oct 2024 |
Tunisia (% pa) | 8.00 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Turkey (% pa) | 50.00 Oct 2024 | monthly | Jun 1996 - Oct 2024 |
Ukraine (% pa) | 13.00 Oct 2024 | monthly | Dec 1992 - Oct 2024 |
United Arab Emirates (% pa) | 4.90 Oct 2024 | monthly | Nov 2007 - Oct 2024 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doVenezuela 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) | 1,636.250 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 14,897.401 2023 | yearly | 1995 - 2023 |
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) | 439,780.789 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 366,403.144 2023 | yearly | 1995 - 2023 |
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: Mineral Product (USD mn) | 577.323 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Exports: ytd: Metal (USD mn) | 227.068 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: Colombia (USD mn) | 240.059 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Exports: ytd: Ecuador (USD mn) | 8.988 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Exports: ytd: Electrical Equipment (USD mn) | 19.331 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Exports: ytd: United States (USD mn) | 647.531 Oct 2014 | monthly | Jan 1998 - Oct 2014 |
Imports: ytd: Colombia (USD mn) | 1,758.351 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: Agricultural (Vegetal) (USD mn) | 4,399.031 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: 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: 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 |
Import Value Index (2015=100) | 23.312 2021 | yearly | 1980 - 2021 |
Export Value Index (2015=100) | 9.582 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: Capital Account (USD mn) | 0.000 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: 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: Portfolio Investment (USD mn) | 585.000 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: Financial Account: Portfolio Investment: Assets (USD mn) | 4.000 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: Current Account: Services (USD mn) | -1,663.000 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 |
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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