Venezuela Policy Rate

1990 - 2023 | Monthly | % pa | CEIC Data

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:

Venezuela Policy Rate

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) 2.75 Nov 2024 monthly Jan 2000 - Nov 2024
Algeria (% pa) 3.00 Oct 2024 monthly Jan 1963 - Oct 2024
Argentina (%) 36.59 Nov 2024 monthly Aug 1985 - Nov 2024
Armenia (% pa) 7.25 Nov 2024 monthly May 2001 - Nov 2024
Australia (% pa) 4.35 Nov 2024 monthly Aug 1990 - Nov 2024
Austria (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Azerbaijan (% pa) 7.25 Oct 2024 monthly Jan 2005 - Oct 2024
Bahrain (% pa) 5.50 Nov 2024 monthly Jan 2007 - Nov 2024
Bangladesh (% pa) 10.00 Nov 2024 monthly Sep 2009 - Nov 2024
Belarus (% pa) 9.50 Oct 2024 monthly Jul 1991 - Oct 2024
Belgium (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Bolivia (% pa) 3.01 Nov 2024 monthly Jan 2013 - Nov 2024
Botswana (% pa) 3.75 Apr 2022 monthly Aug 1976 - Apr 2022
Brazil (% pa) 11.25 Nov 2024 monthly Mar 1999 - Nov 2024
Bulgaria (% pa) 3.04 Dec 2024 monthly Feb 1991 - Dec 2024
Canada (% pa) 3.75 Nov 2024 monthly Dec 1992 - Nov 2024
Chile (% pa) 5.25 Nov 2024 monthly May 1995 - Nov 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 Nov 2024 monthly Jan 1999 - Nov 2024
Czech Republic (% pa) 3.00 Nov 2024 monthly Jan 1993 - Nov 2024
Denmark (% pa) 2.85 Nov 2024 monthly Aug 1914 - Nov 2024
Ecuador (% pa) 10.73 Nov 2024 monthly Jul 1995 - Nov 2024
Egypt (% pa) 27.75 Nov 2024 monthly Jan 1991 - Nov 2024
Estonia (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
European Union (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Finland (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
France (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Georgia (% pa) 8.00 Nov 2024 monthly Jan 2008 - Nov 2024
Germany (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Ghana (% pa) 29.50 May 2023 monthly Nov 2002 - May 2023
Greece (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Hong Kong SAR, China (% pa) 5.00 Nov 2024 monthly Jun 1992 - Nov 2024
Hungary (% pa) 6.50 Nov 2024 monthly Oct 1990 - Nov 2024
Iceland (% pa) 10.00 Nov 2024 monthly Jan 1994 - Nov 2024
India (% pa) 6.50 Nov 2024 monthly Apr 2001 - Nov 2024
Indonesia (% pa) 6.00 Nov 2024 monthly Jun 2015 - Nov 2024
Ireland (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Israel (% pa) 4.50 Nov 2024 monthly Dec 1998 - Nov 2024
Italy (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 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) 7.75 Nov 2024 monthly Dec 1965 - Nov 2024
Kazakhstan (% pa) 14.25 Nov 2024 monthly Feb 1992 - Nov 2024
Kenya (% pa) 12.00 Nov 2024 monthly Jul 2003 - Nov 2024
South Korea (% pa) 3.00 Nov 2024 monthly May 1999 - Nov 2024
Kosovo (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Kuwait (% pa) 4.00 Nov 2024 monthly Jul 1999 - Nov 2024
Kyrgyzstan (% pa) 9.00 Nov 2024 monthly Jan 1999 - Nov 2024
Laos (% pa) 7.50 May 2023 monthly Dec 1992 - May 2023
Latvia (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Lebanon (% pa) 10.00 Jan 2023 monthly Apr 1964 - Jan 2023
Lithuania (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Luxembourg (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Macau SAR, China (% pa) 5.00 Nov 2024 monthly Dec 1999 - Nov 2024
North Macedonia (% pa) 5.55 Dec 2024 monthly Jan 2002 - Dec 2024
Malawi (% pa) 26.00 Nov 2024 monthly Jan 1980 - Nov 2024
Malaysia (% pa) 3.00 Nov 2024 monthly Apr 2004 - Nov 2024
Malta (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Mauritius (% pa) 4.00 Nov 2024 monthly Dec 1999 - Nov 2024
Mexico (% pa) 10.25 Nov 2024 monthly Jan 2008 - Nov 2024
Moldova (% pa) 3.60 Nov 2024 monthly Feb 2001 - Nov 2024
Mongolia (% pa) 10.00 Nov 2024 monthly Jul 2007 - Nov 2024
Montenegro (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Morocco (% pa) 2.75 Nov 2024 monthly Jun 1995 - Nov 2024
Myanmar (% pa) 7.00 2024 yearly 1986 - 2024
Nepal (% pa) 6.50 Nov 2024 monthly Jul 2003 - Nov 2024
Netherlands (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 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 Nov 2024 monthly Jan 1991 - Nov 2024
Oman (% pa) 5.25 Nov 2024 monthly May 2007 - Nov 2024
Pakistan (% pa) 16.00 Nov 2024 monthly Feb 1992 - Nov 2024
Paraguay (% pa) 6.00 Nov 2024 monthly Jul 2010 - Nov 2024
Peru (% pa) 5.00 Nov 2024 monthly Sep 2003 - Nov 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 Nov 2024 monthly Jan 1999 - Nov 2024
Qatar (% pa) 5.40 Nov 2024 monthly Mar 2003 - Nov 2024
Romania (% pa) 6.50 Nov 2024 monthly Jan 2003 - Nov 2024
Russia (% pa) 21.00 Nov 2024 monthly Sep 2013 - Nov 2024
Saudi Arabia (% pa) 5.25 Nov 2024 monthly Jan 2000 - Nov 2024
Serbia (% pa) 5.75 Nov 2024 monthly Jan 2001 - Nov 2024
Singapore (% pa) 4.00 Jun 2023 monthly Jul 2005 - Jun 2023
Slovakia (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Slovenia (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
South Africa (% pa) 7.75 Nov 2024 monthly Nov 1999 - Nov 2024
Spain (% pa) 3.40 Nov 2024 monthly Jan 1999 - Nov 2024
Sri Lanka (% pa) 8.25 Oct 2024 monthly Jan 1997 - Oct 2024
Sweden (% pa) 2.75 Dec 2024 monthly Jan 1987 - Dec 2024
Switzerland (% pa) 0.45 Dec 2024 monthly Jun 1999 - Dec 2024
Syria (% pa) 5.00 Nov 2024 monthly Jan 1962 - Nov 2024
Taiwan (% pa) 2.00 Nov 2024 monthly Jul 1961 - Nov 2024
Tajikistan (% pa) 9.00 Nov 2024 monthly Jun 1995 - Nov 2024
Thailand (% pa) 2.25 Nov 2024 monthly May 2000 - Nov 2024
Tunisia (% pa) 8.00 Nov 2024 monthly Jan 2000 - Nov 2024
Turkey (% pa) 50.00 Nov 2024 monthly Jun 1996 - Nov 2024
Ukraine (% pa) 13.00 Nov 2024 monthly Dec 1992 - Nov 2024
United Arab Emirates (% pa) 4.65 Nov 2024 monthly Nov 2007 - Nov 2024

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

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) 1,636.250 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) 391.824 Sep 2024 monthly Jan 1981 - Sep 2024
Total Imports from USA (USD mn) 292.468 Sep 2024 monthly Jan 1981 - Sep 2024
Total Exports to China (USD mn) 13.680 Sep 2024 monthly Jan 2000 - Sep 2024
Total Imports from China (USD mn) 477.760 Sep 2024 monthly Jan 2000 - Sep 2024
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: United States (USD mn) 647.531 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Netherlands (USD mn) 210.219 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Electrical Equipment (USD mn) 19.331 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mexico (USD mn) 31.886 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mineral Product (USD mn) 577.323 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Ecuador (USD mn) 8.988 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Transportation (USD mn) 143.917 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: Germany (USD mn) 862.891 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Brazil (USD mn) 3,405.413 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: United States (USD mn) 7,699.659 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: Mineral (USD mn) 1,074.772 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
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: Current Account: Goods (USD mn) 5,680.000 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: Financial Account: Portfolio Investment: Liabilities (USD mn) 581.000 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: Current Account: Income (USD mn) -1,975.000 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: Reserves: Assets (USD mn) -325.000 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: 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
Balance of Payments: Financial Account: Portfolio Investment (USD mn) 585.000 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: Public: Total (USD mn) 91,514.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Private: Total (USD mn) 18,645.000 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) 3,349.920 Nov 2024 monthly Jan 1996 - Nov 2024
Money Supply M2 (USD mn) 3,353.660 Nov 2024 monthly Jan 1996 - Nov 2024
M2 Growth (%) 143.0 Nov 2024 monthly Jan 1997 - Nov 2024
Reserve Requirement Ratio (%) 73.0 Nov 2024 monthly Jan 2004 - Nov 2024
Foreign Exchange Reserves (USD mn) 10,414.0 Nov 2024 monthly Dec 1961 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 0.048 2017 yearly 1995 - 2017
Foreign Exchange Reserves: Months of Import (NA) 7.0 Sep 2024 monthly Jan 1981 - Sep 2024
Gold Reserves (USD mn) 4,158.498 Nov 2024 monthly Dec 1950 - Nov 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

More Indicators for Venezuela

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data