Venezuela VE: DEC Alternative Conversion Factor: per USD

1960 - 2017 | Yearly | VEF/USD | World Bank

Venezuela VE: DEC Alternative Conversion Factor: per USD data was reported at 6.284 VEF/USD in 2014. This records an increase from the previous number of 6.053 VEF/USD for 2013. Venezuela VE: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 0.015 VEF/USD from Dec 1960 (Median) to 2014, with 55 observations. The data reached an all-time high of 6.284 VEF/USD in 2014 and a record low of 0.003 VEF/USD in 1963. Venezuela VE: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Exchange Rates and Real Effective Exchange Rates. The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.; ; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; ; In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.

View Venezuela's Venezuela VE: DEC Alternative Conversion Factor: per USD from 1960 to 2017 in the chart:

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Venezuela Venezuela VE: DEC Alternative Conversion Factor: per USD
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Venezuela Venezuela VE: DEC Alternative Conversion Factor: per USD

What was Venezuela's Venezuela VE: DEC Alternative Conversion Factor: per USD in 2017?

Last Previous Min Max Unit Frequency Range
9.97 2017 9.30 2016 0.00 1963 9.97 2017 VEF/USD yearly 1960 - 2017

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Venezuela Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 8,601.265 2024 yearly 1980 - 2024
Forecast: Nominal GDP Per Capita (USD) 4,121.901 2025 yearly 1980 - 2025
Forecast: Real GDP Growth (%) 6.542 2023 yearly 1980 - 2023
GDP Deflator Growth (%) 748.1 2017 yearly 1998 - 2017
GDP per Capita (USD) 640,750.491 2017 yearly 1960 - 2017
Gross Fixed Capital Formation (USD mn) 3,315,395.379 2017 yearly 1995 - 2017
Gross National Product (GNP) (USD mn) 17,922,461.992 2017 yearly 1960 - 2017
Gross Savings Rate (%) -17.8 2017 yearly 1970 - 2017
Investment: % of GDP (%) -3.7 2017 yearly 1950 - 2017
Nominal GDP (USD mn) 20,139,533.8 2017 yearly 1995 - 2017
Nominal GDP Growth (%) 615.154 2017 yearly 1998 - 2017
Private Consumption Expenditure (USD mn) 20,232,283.931 2017 yearly 1964 - 2017
Private Consumption: % of GDP (%) 100.5 2017 yearly 1950 - 2017
Public Consumption Expenditure (USD mn) 1,812,251.289 2017 yearly 1964 - 2017
Public Consumption: % of GDP (%) 9.0 2017 yearly 1950 - 2017
Real GDP Growth (%) -26.8 Mar 2019 quarterly Mar 1998 - Mar 2019
Total Trade of Goods & Services: % of Nominal GDP (%) 67.150 2017 yearly 1950 - 2017
Production Last Frequency Range
Gold Production (kg) 480.000 2022 yearly 1990 - 2022
Industrial Production Index Growth (%) -20.6 Jan 2019 monthly Jan 1998 - Jan 2019
Minerals Production (Metric Ton) 66,888,599.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 2,850.000 2016 yearly 1999 - 2016
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.9 2012 yearly 1998 - 2012
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
Government Debt: % of GDP (%) 3.5 2016 yearly 1997 - 2016
National Government Debt (USD mn) 105,131.7 2016 yearly 1996 - 2016
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 15,011,108.000 Dec 2018 monthly Jan 1999 - Dec 2018
Forecast: Population (Person mn) 26.459 2024 yearly 1980 - 2024
Forecast: Unemployment Rate (%) 35.554 2018 yearly 1999 - 2018
Labour Force Participation Rate (%) 67.9 Dec 2018 monthly Jan 1999 - Dec 2018
Labour Productivity Growth (%) -32.37 2019 yearly 1992 - 2019
Unemployment Rate (%) 6.35 Dec 2018 monthly Jan 1999 - Dec 2018
Population (Person mn) 34.1 2024 yearly 1950 - 2024
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 1,500.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 3,000.000 2019 yearly 2005 - 2019
Motor Vehicles Sales (Unit) 279 May 2017 monthly Jan 2007 - May 2017
Motor Vehicles Sales Growth (%) 10.3 May 2017 monthly Jan 2008 - May 2017
Retail Sales Growth (%) -53.5 Jan 2019 monthly Jan 2005 - Jan 2019

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