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 Jan 2025 monthly Jan 2000 - Jan 2025
Algeria (% pa) 3.00 Jan 2025 monthly Jan 1963 - Jan 2025
Argentina (%) 28.72 Jan 2025 monthly Aug 1985 - Jan 2025
Armenia (% pa) 7.00 Jan 2025 monthly May 2001 - Jan 2025
Australia (% pa) 4.35 Jan 2025 monthly Aug 1990 - Jan 2025
Austria (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Azerbaijan (% pa) 7.25 Dec 2024 monthly Jan 2005 - Dec 2024
Bahrain (% pa) 5.25 Jan 2025 monthly Jan 2007 - Jan 2025
Bangladesh (% pa) 10.00 Dec 2024 monthly Sep 2009 - Dec 2024
Belarus (% pa) 9.50 Jan 2025 monthly Jul 1991 - Jan 2025
Belgium (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Bolivia (% pa) 3.09 Jan 2025 monthly Jan 2013 - Jan 2025
Botswana (% pa) 3.75 Apr 2022 monthly Aug 1976 - Apr 2022
Brazil (% pa) 13.25 Jan 2025 monthly Mar 1999 - Jan 2025
Bulgaria (% pa) 2.82 Feb 2025 monthly Feb 1991 - Feb 2025
Canada (% pa) 3.00 Jan 2025 monthly Dec 1992 - Jan 2025
Chile (% pa) 5.00 Jan 2025 monthly May 1995 - Jan 2025
China (% pa) 2.65 Jun 2023 monthly Jan 2016 - Jun 2023
Colombia (% pa) 9.50 Jan 2025 monthly Apr 1995 - Jan 2025
Croatia (% pa) 3.00 Dec 2022 monthly Dec 1992 - Dec 2022
Cyprus (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Czech Republic (% pa) 3.00 Jan 2025 monthly Jan 1993 - Jan 2025
Denmark (% pa) 2.35 Jan 2025 monthly Aug 1914 - Jan 2025
Ecuador (% pa) 9.80 Jan 2025 monthly Jul 1995 - Jan 2025
Egypt (% pa) 27.75 Jan 2025 monthly Jan 1991 - Jan 2025
Estonia (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
European Union (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Finland (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
France (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Georgia (% pa) 8.00 Jan 2025 monthly Jan 2008 - Jan 2025
Germany (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Ghana (% pa) 29.50 May 2023 monthly Nov 2002 - May 2023
Greece (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Hong Kong SAR, China (% pa) 4.75 Jan 2025 monthly Jun 1992 - Jan 2025
Hungary (% pa) 6.50 Jan 2025 monthly Oct 1990 - Jan 2025
Iceland (% pa) 10.00 Jan 2025 monthly Jan 1994 - Jan 2025
India (% pa) 6.50 Jan 2025 monthly Apr 2001 - Jan 2025
Indonesia (% pa) 5.75 Jan 2025 monthly Jun 2015 - Jan 2025
Ireland (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Israel (% pa) 4.50 Jan 2025 monthly Dec 1998 - Jan 2025
Italy (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
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) 7.50 Jan 2025 monthly Dec 1965 - Jan 2025
Kazakhstan (% pa) 15.25 Jan 2025 monthly Feb 1992 - Jan 2025
Kenya (% pa) 11.25 Jan 2025 monthly Jul 2003 - Jan 2025
South Korea (% pa) 3.00 Jan 2025 monthly May 1999 - Jan 2025
Kosovo (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Kuwait (% pa) 4.00 Jan 2025 monthly Jul 1999 - Jan 2025
Kyrgyzstan (% pa) 9.00 Jan 2025 monthly Jan 1999 - Jan 2025
Laos (% pa) 7.50 May 2023 monthly Dec 1992 - May 2023
Latvia (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Lebanon (% pa) 10.00 Jan 2023 monthly Apr 1964 - Jan 2023
Lithuania (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Luxembourg (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Macau SAR, China (% pa) 4.75 Jan 2025 monthly Dec 1999 - Jan 2025
North Macedonia (% pa) 5.35 Feb 2025 monthly Jan 2002 - Feb 2025
Malawi (% pa) 26.00 Jan 2025 monthly Jan 1980 - Jan 2025
Malaysia (% pa) 3.00 Jan 2025 monthly Apr 2004 - Jan 2025
Malta (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Mauritius (% pa) 4.50 Feb 2025 monthly Dec 1999 - Feb 2025
Mexico (% pa) 10.00 Jan 2025 monthly Jan 2008 - Jan 2025
Moldova (% pa) 5.60 Jan 2025 monthly Feb 2001 - Jan 2025
Mongolia (% pa) 10.00 Jan 2025 monthly Jul 2007 - Jan 2025
Montenegro (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Morocco (% pa) 2.50 Jan 2025 monthly Jun 1995 - Jan 2025
Myanmar (% pa) 7.00 2024 yearly 1986 - 2024
Nepal (% pa) 6.50 Jan 2025 monthly Jul 2003 - Jan 2025
Netherlands (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
New Zealand (% pa) 5.50 May 2023 monthly Mar 1999 - May 2023
Nigeria (% pa) 27.50 Jan 2025 monthly Dec 2006 - Jan 2025
Norway (% pa) 4.50 Jan 2025 monthly Jan 1991 - Jan 2025
Oman (% pa) 5.00 Feb 2025 monthly May 2007 - Feb 2025
Pakistan (% pa) 13.00 Jan 2025 monthly Feb 1992 - Jan 2025
Paraguay (% pa) 6.00 Jan 2025 monthly Jul 2010 - Jan 2025
Peru (% pa) 4.75 Jan 2025 monthly Sep 2003 - Jan 2025
Philippines (% pa) 7.00 May 2024 monthly Jun 2016 - May 2024
Poland (% pa) 5.75 Jan 2025 monthly Jan 2005 - Jan 2025
Portugal (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Qatar (% pa) 5.10 Jan 2025 monthly Mar 2003 - Jan 2025
Romania (% pa) 6.50 Jan 2025 monthly Jan 2003 - Jan 2025
Russia (% pa) 21.00 Jan 2025 monthly Sep 2013 - Jan 2025
Saudi Arabia (% pa) 5.00 Jan 2025 monthly Jan 2000 - Jan 2025
Serbia (% pa) 5.75 Jan 2025 monthly Jan 2001 - Jan 2025
Singapore (% pa) 4.00 Jun 2023 monthly Jul 2005 - Jun 2023
Slovakia (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Slovenia (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
South Africa (% pa) 7.50 Jan 2025 monthly Nov 1999 - Jan 2025
Spain (% pa) 3.15 Jan 2025 monthly Jan 1999 - Jan 2025
Sri Lanka (% pa) 7.50 Jan 2025 monthly Jan 1997 - Jan 2025
Sweden (% pa) 2.50 Jan 2025 monthly Jan 1987 - Jan 2025
Switzerland (% pa) 0.45 Feb 2025 monthly Jun 1999 - Feb 2025
Syria (% pa) 5.00 Dec 2024 monthly Jan 1962 - Dec 2024
Taiwan (% pa) 2.00 Jan 2025 monthly Jul 1961 - Jan 2025
Tajikistan (% pa) 9.00 Jan 2025 monthly Jun 1995 - Jan 2025
Thailand (% pa) 2.25 Jan 2025 monthly May 2000 - Jan 2025
Tunisia (% pa) 8.00 Jan 2025 monthly Jan 2000 - Jan 2025
Turkey (% pa) 45.00 Jan 2025 monthly Jun 1996 - Jan 2025
Ukraine (% pa) 14.50 Jan 2025 monthly Dec 1992 - Jan 2025
United Arab Emirates (% pa) 4.40 Jan 2025 monthly Nov 2007 - Jan 2025

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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) 1,636.250 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) 558.679 Oct 2024 monthly Jan 1981 - Oct 2024
Total Imports from USA (USD mn) 282.931 Oct 2024 monthly Jan 1981 - Oct 2024
Total Exports to China (USD mn) 37.745 Oct 2024 monthly Jan 2000 - Oct 2024
Total Imports from China (USD mn) 483.009 Oct 2024 monthly Jan 2000 - Oct 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: Colombia (USD mn) 240.059 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: 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: Mineral (USD mn) 1,074.772 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Colombia (USD mn) 1,758.351 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: United States (USD mn) 7,699.659 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Paper (USD mn) 610.290 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: 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: 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: 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: 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: Direct Investment (USD mn) -129.000 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: Liabilities (USD mn) 110,250.000 Mar 2019 quarterly Mar 1997 - Mar 2019
IIP: Assets (USD mn) 220,971.000 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) 3,380.029 Dec 2024 monthly Jan 1996 - Dec 2024
Money Supply M2 (USD mn) 3,383.614 Dec 2024 monthly Jan 1996 - Dec 2024
M2 Growth (%) 153.1 Dec 2024 monthly Jan 1997 - Dec 2024
Reserve Requirement Ratio (%) 73.0 Jan 2025 monthly Jan 2004 - Jan 2025
Foreign Exchange Reserves (USD mn) 10,397.0 Jan 2025 monthly Dec 1961 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 0.048 2017 yearly 1995 - 2017
Foreign Exchange Reserves: Months of Import (NA) 6.4 Oct 2024 monthly Jan 1981 - Oct 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
International Reserve: Total (USD mn) 10,397.000 Jan 2025 monthly Jan 1996 - Jan 2025

More Indicators for Venezuela

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