Currency Converter

Converter Bolivar Fuerte (exchange rate VEF)

Bolivar Fuerteexchange rate
Australian Dollar0.16
Canadian Dollar0.16
Swiss Franc0.15
Yuan Renminbi0.98
Danish Krone0.92
Euro0.12
Pound Sterling0.11
Hong Kong Dollar1.23
Yen16.32
Norwegian Krone0.92
New Zealand Dollar0.20
Russian Ruble4.98
US Dollar0.16
Franc ( Euro)0.81
Peseta ( Euro)20.57
UAE Dirham0.58
Afghani8.50
Lek17.45
Armenian Dram66.36
Netherlands Antillean Guilder0.28
Kwanza0.00
Argentine Peso0.83
Shilling1.70
Aruban Guilder0.28
Azerbaijanian Manat0.12
Convertible Mark0.24
Barbados Dollar0.32
Taka12.39
Franc ( Euro)4.99
Bulgarian Lev0.24
Bahraini Dinar0.06
Burundi Franc248.13
Bermudian Dollar0.16
Brunei Dollar0.20
Boliviano1.10
Brazilian Real0.32
Bahamian Dollar0.16
Ngultrum8.79
Pula1.34
Belarussian Ruble1,381.40
Belize Dollar0.32
Franc Congolais145.93
Chilean Peso78.71
Colombian Peso293.74
Costa Rican Colon79.83
Cuban Peso0.00
Cape Verde Escudo13.63
Cyprus Pound0.07
Czech Koruna3.22
German Mark0.24
Djibouti Franc28.58
Dominican Peso6.53
Algerian Dinar12.70
( US Dollar)0.00
Kroon1.92
Egyptian Pound1.11
Nakfa0.00
Peseta ( Euro)20.57
Ethiopian Birr2.96
Mark (Euro)0.73
Fiji Dollar0.29
Falkland Islands Pound0.11
Franc (Euro)0.81
Lari0.26
Pound Sterling0.00
Ghana Cedi0.32
Gibraltar Pound0.11
Dalasi5.25
Guinea Franc1,123.02
Quetzal1.24
Guyana Dollar32.48
Lempira3.02
Croatian Kuna0.94
Gourde6.76
Forint35.89
Rupiah1,553.07
Deliver ( Euro)0.10
New Israeli Sheqel0.58
Manx pound0.00
Indian Rupee8.81
Iraqi Dinar183.06
Iranian Rial1,953.55
Iceland Krona19.62
Lira ( Euro)239.32
Pound Sterling0.00
Jamaican Dollar15.66
Jordanian Dinar0.11
Kenyan Shilling13.41
Som7.68
Riel633.79
Comoro Franc60.81
North Korean Won143.14
Won177.52
Kuwaiti Dinar0.05
Cayman Islands Dollar0.13
Tenge23.99
Kip1,220.27
Lebanese Pound239.20
Sri Lanka Rupee20.10
Liberian Dollar11.77
Loti1.52
Lithuanian Litas0.43
Franc ( Euro)4.99
Latvian Lats0.09
Libyan Dinar0.21
Moroccan Dirham1.37
Moldovan Leu1.99
Malagasy Ariary352.28
Denar7.59
Kyat147.83
Tugrik227.04
Pataca1.27
Ouguiya47.32
Maltese Lira0.05
Mauritius Rupee5.02
Rufiyaa2.45
Kwacha56.33
Mexican Peso1.97
Malaysian Ringgit0.48
Metical4.80
Namibia Dollar1.52
Naira25.16
Cordoba Oro3.96
Guilder ( Euro)0.27
Nepalese Rupee14.00
Rial Omani0.06
Balboa0.16
Nuevo Sol0.42
Kina0.35
Philippine Peso6.56
Pakistan Rupee15.67
Zloty0.52
Escudo ( Euro)24.78
Guarani663.62
Qatari Rial0.58
New Leu0.54
Serbian Dinar13.70
Rwanda Franc101.74
Saudi Riyal0.60
Solomon Islands Dollar1.15
Seychelles Rupee1.88
Sudanese Pound0.70
Swedish Krona1.06
Singapore Dollar0.20
Saint Helena Pound0.11
Slovak Koruna3.72
Leone688.35
Somali Shilling233.48
Seborga Luigino0.00
Surinam Dollar0.52
Dobra3,031.40
El Salvador Colon1.39
Syrian Pound15.50
Lilangeni1.52
Baht4.74
Somoni0.76
Manat0.00
Tunisian Dinar0.26
Pa'anga0.28
New Turkish Lira0.29
Trinidad and Tobago Dollar1.02
Tuvaluan Dollar0.00
New Taiwan Dollar4.75
Tanzanian Shilling259.00
Hryvnia1.30
Uganda Shilling414.31
Peso Uruguayo3.00
Uzbekistan Sum329.85
Dong3,327.14
Vatu14.88
Tala0.37
CFA Franc BEAC81.08
Silver0.01
Gold0.00
East Caribbean Dollar0.43
Palladium0.11
ECU - European Currency Unit ( EUR)0.12
CFA Franc BCEAO81.08
Platinum0.00
CFP Franc14.75
Special Drawing Rights (IMF)0.00
Yemeni Rial34.18
Rand1.52
Kwacha826.22
Zimbabwe Dollar0.00

Bolivar Fuerte

  • iso 4217: VEF
  • Venezuela (South America)

Venezuela Retail Sales MoM

Retail Sales in Venezuela increased 22.33 percent in December of 2012 over the previous month. Retail Sales Mom in Venezuela is reported by the Banco Central de Venezuela. Historically, from 2010 until 2012, Venezuela Retail Sales MoM averaged 1.3 Percent reaching an all time high of 36.1 Percent in December of 2010 and a record low of -35.5 Percent in January of 2010. . This page includes a chart with historical data for Venezuela Retail Sales Mom.

source: Banco Central de Venezuela

Venezuela Industrial Production

Industrial Production in Venezuela decreased 2.17 percent in December of 2012 over the same month in the previous year. Industrial Production in Venezuela is reported by the Banco Central de Venezuela. Historically, from 1998 until 2012, Venezuela Industrial Production averaged 2.4 Percent reaching an all time high of 183.5 Percent in December of 2003 and a record low of -64.9 Percent in December of 2002. In Venezuela, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page includes a chart with historical data for Venezuela Industrial Production.

source: Banco Central de Venezuela

Venezuela Retail Sales YoY

Retail Sales in Venezuela increased 11.54 percent in December of 2012 over the same month in the previous year. Retail Sales YoY in Venezuela is reported by the Banco Central de Venezuela. Historically, from 2011 until 2012, Venezuela Retail Sales YoY averaged 8.2 Percent reaching an all time high of 17.1 Percent in September of 2012 and a record low of -3.3 Percent in January of 2011. In Venezuela, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page includes a chart with historical data for Retail Sales YoY in Venezuela.

source: Banco Central de Venezuela

Venezuela Changes in Inventories

Changes in Inventories in Venezuela decreased to 690 VEF Million in the fourth quarter of 2012 from 2399 VEF Million in the third quarter of 2012. Changes in Inventories in Venezuela is reported by the Banco Central De Venezuela. Historically, from 1998 until 2012, Venezuela Changes in Inventories averaged 702.85 VEF Million reaching an all time high of 2399 VEF Million in August of 2012 and a record low of -655 VEF Million in November of 2009. In Venezuela, changes in inventories are often a leading indicator for the overall performance of the economy. This page includes a chart with historical data for Venezuela Changes in Inventories.

source: Banco Central De Venezuela

Venezuela External Debt

External Debt in Venezuela decreased to 515 USD Million in March of 2013 from 620 USD Million in February of 2013. External Debt in Venezuela is reported by the Banco Central De Venezuela. Historically, from 1996 until 2013, Venezuela External Debt averaged 206.52 USD Million reaching an all time high of 950 USD Million in June of 2004 and a record low of 0 USD Million in June of 2007. In Venezuela, external debt is a part of the total debt that is owed to creditors outside the country. This page includes a chart with historical data for Venezuela External Debt.

source: Banco Central De Venezuela

Venezuela Employed Persons

Employed Persons in Venezuela increased to 12643093 Persons in March of 2013 from 12553056 Persons in February of 2013. Employed Persons in Venezuela is reported by the National Institute of Statistics, Venezuela. Historically, from 1999 until 2013, Venezuela Employed Persons averaged 10748600.14 Persons reaching an all time high of 12875670 Persons in December of 2012 and a record low of 8505814 Persons in February of 2000. In Venezuela, employed persons are individuals with a minimum required age who work during a certain time for a business. This page includes a chart with historical data for Venezuela Employed Persons.

source: National Institute of Statistics, Venezuela

Venezuela Core Consumer Prices

Core Consumer Prices in Venezuela increased to 423.90 Index Points in April of 2013 from 407.30 Index Points in March of 2013. Core Consumer Prices in Venezuela is reported by the Banco Central De Venezuela. Historically, from 1999 until 2013, Venezuela Core Consumer Prices averaged 117.16 Index Points reaching an all time high of 423.90 Index Points in April of 2013 and a record low of 18.20 Index Points in January of 1999. This page includes a chart with historical data for Venezuela Core Consumer Prices.

source: Banco Central De Venezuela

Venezuela Consumer Spending

Consumer Spending in Venezuela increased to 11662 VEF Million in the fourth quarter of 2012 from 11137 VEF Million in the third quarter of 2012. Consumer Spending in Venezuela is reported by the Banco Central De Venezuela. Historically, from 1998 until 2012, Venezuela Consumer Spending averaged 7765.02 VEF Million reaching an all time high of 11662 VEF Million in November of 2012 and a record low of 4886 VEF Million in February of 2003. This page includes a chart with historical data for Venezuela Consumer Spending.

source: Banco Central De Venezuela

Venezuela Consumer Price Index (CPI)

Consumer Price Index (CPI) in Venezuela increased to 367.30 Index Points in April of 2013 from 353.60 Index Points in March of 2013. Consumer Price Index (CPI) in Venezuela is reported by the Banco Central De Venezuela. Historically, from 1975 until 2013, Venezuela Consumer Price Index (CPI) averaged 43.32 Index Points reaching an all time high of 367.30 Index Points in April of 2013 and a record low of 0.10 Index Points in March of 1975. In Venezuela, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page includes a chart with historical data for Venezuela Consumer Price Index (CPI).

source: Banco Central De Venezuela

Venezuela Government Spending

Government Spending in Venezuela increased to 3507 VEF Million in the fourth quarter of 2012 from 2799 VEF Million in the third quarter of 2012. Government Spending in Venezuela is reported by the Banco Central De Venezuela. Historically, from 1998 until 2012, Venezuela Government Spending averaged 1953.31 VEF Million reaching an all time high of 3507 VEF Million in November of 2012 and a record low of 1069 VEF Million in May of 1999. This page includes a chart with historical data for Venezuela Government Spending.

source: Banco Central De Venezuela

Venezuela Government External Debt

Government External Debt in Venezuela decreased to 515 USD Million in March of 2013 from 620 USD Million in February of 2013. Government External Debt in Venezuela is reported by the Banco Central De Venezuela. Historically, from 1996 until 2013, Venezuela Government External Debt averaged 206.52 USD Million reaching an all time high of 950 USD Million in June of 2004 and a record low of 0 USD Million in June of 2007. This page includes a chart with historical data for Venezuela Government External Debt.

source: Banco Central De Venezuela

Venezuela Wages

Wages in Venezuela increased to 2172.30 Index Points in the first quarter of 2013 from 2128.20 Index Points in the fourth quarter of 2012. Wages in Venezuela is reported by the Banco Central De Venezuela. Historically, from 2002 until 2013, Venezuela Wages averaged 881.60 Index Points reaching an all time high of 2172.30 Index Points in February of 2013 and a record low of 270.60 Index Points in February of 2002. In Venezuela, wages are benchmarked using indexed salaries. This page includes a chart with historical data for Venezuela Wages.

source: Banco Central De Venezuela

Venezuela Unemployed Persons

Unemployed Persons in Venezuela increased to 1050085 Persons in March of 2013 from 1027994 Persons in February of 2013. Unemployed Persons in Venezuela is reported by the National Institute of Statistics, Venezuela. Historically, from 1999 until 2013, Venezuela Unemployed Persons averaged 1351715.98 Persons reaching an all time high of 2406251 Persons in February of 2003 and a record low of 760063 Persons in November of 2008. In Venezuela, unemployed persons are individuals who are without a job and actively seeking to work. This page includes a chart with historical data for Venezuela Unemployed Persons.

source: National Institute of Statistics, Venezuela

Venezuela Interbank Rate

Interbank Rate in Venezuela increased to 15.67 VEF in April of 2013 from 15.27 VEF in March of 2013. Interbank Rate in Venezuela is reported by the Banco Central De Venezuela. Historically, from 1982 until 2013, Venezuela Interbank Rate averaged 26.52 VEF reaching an all time high of 72.23 VEF in September of 1998 and a record low of 12.48 VEF in September of 1987. In Venezuela, the interbank rate is the rate of interest charged on short-term loans made between banks. This page includes a chart with historical data for Venezuela Interbank Rate.

source: Banco Central De Venezuela

Venezuela Current Account

Venezuela recorded a Current Account deficit of 598 USD Million in the fourth quarter of 2012. Current Account in Venezuela is reported by the Banco Central de Venezuela. Historically, from 1990 until 2012, Venezuela Current Account averaged 2299.04 USD Million reaching an all time high of 15502 USD Million in August of 2008 and a record low of -4922 USD Million in February of 2009. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Venezuela Current Account.

source: Banco Central de Venezuela

Venezuela Unemployment Rate

Unemployment Rate in Venezuela increased to 7.70 percent in March of 2013 from 7.60 percent in February of 2013. Unemployment Rate in Venezuela is reported by the Instituto Nacional de Estadista. Historically, from 1999 until 2013, Venezuela Unemployment Rate averaged 11.38 Percent reaching an all time high of 20.70 Percent in February of 2003 and a record low of 5.90 Percent in December of 2012. In Venezuela, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Venezuela Unemployment Rate.

source: Instituto Nacional de Estadista

Venezuela Inflation Rate

The inflation rate in Venezuela was recorded at 29.44 percent in April of 2013. Inflation Rate in Venezuela is reported by the Central Bank of Venezuela. Historically, from 1973 until 2013, Venezuela Inflation Rate averaged 26.37 Percent reaching an all time high of 115.18 Percent in September of 1996 and a record low of 3.22 Percent in January of 1973. In Venezuela, the main components of the consumer price index are: Food and Noon-Alcoholic Beverages (32.2 percent of the total weight); Transports (10.8 percent) and House Rental (9.8 percent). Restaurants and Hotels account for 8.8 percent; Clothing and Footwear for 7.2 percent; Miscellaneous Goods and Services for 5.8 percent and Household Equipment for 5.6 percent. Others include: Health Care (4.3 percent); Communications (3.8 percent); Leisure and Culture (3.6 percent); Alcoholic Beverages and Tobacco (3 percent); Education (2.7 percent) and Household Services (2.3 percent). The national index has a base of 100 as of December 2007. The CPI covers 10 metropolitan areas, plus 74 other localities in the rest of the country. This page includes a chart with historical data for Venezuela Inflation Rate.

source: Central Bank of Venezuela

Venezuela Money Supply M3

Money Supply M3 in Venezuela increased to 758128.59 VEF Million in March of 2013 from 739737.35 VEF Million in February of 2013. Money Supply M3 in Venezuela is reported by the Banco Central De Venezuela. Historically, from 1976 until 2013, Venezuela Money Supply M3 averaged 61221.94 VEF Million reaching an all time high of 758128.59 VEF Million in March of 2013 and a record low of 47.99 VEF Million in January of 1976. Venezuela Money Supply M3 includes M2 plus long-term time deposits in banks. This page includes a chart with historical data for Venezuela Money Supply M3.

source: Banco Central De Venezuela

Venezuela Money Supply M2

Money Supply M2 in Venezuela increased to 758127.87 VEF Million in March of 2013 from 739736.64 VEF Million in February of 2013. Money Supply M2 in Venezuela is reported by the Banco Central De Venezuela. Historically, from 1976 until 2013, Venezuela Money Supply M2 averaged 61209.65 VEF Million reaching an all time high of 758127.87 VEF Million in March of 2013 and a record low of 40.35 VEF Million in January of 1976. Venezuela Money Supply M2 includes M1 plus short-term time deposits in banks. This page includes a chart with historical data for Venezuela Money Supply M2.

source: Banco Central De Venezuela

Venezuela Money Supply M1

Money Supply M1 in Venezuela increased to 739275.03 VEF Million in March of 2013 from 721557.86 VEF Million in February of 2013. Money Supply M1 in Venezuela is reported by the Banco Central De Venezuela. Historically, from 1957 until 2013, Venezuela Money Supply M1 averaged 34180.03 VEF Million reaching an all time high of 739275.03 VEF Million in March of 2013 and a record low of 2.68 VEF Million in January of 1957. This page includes a chart with historical data for Venezuela Money Supply M1.

source: Banco Central De Venezuela

Venezuela Money Supply M0

Money Supply M0 in Venezuela decreased to 256933.91 VEF Million in March of 2013 from 263929.33 VEF Million in February of 2013. Money Supply M0 in Venezuela is reported by the Banco Central De Venezuela. Historically, from 1993 until 2013, Venezuela Money Supply M0 averaged 39487.28 VEF Million reaching an all time high of 274780.23 VEF Million in January of 2013 and a record low of 333.94 VEF Million in January of 1994. Venezuela Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page includes a chart with historical data for Venezuela Money Supply M0.

source: Banco Central De Venezuela

Venezuela Foreign Exchange Reserves

Foreign Exchange Reserves in Venezuela decreased to 26167 USD Million in April of 2013 from 27101 USD Million in March of 2013. Foreign Exchange Reserves in Venezuela is reported by the Banco Central de Venezuela. Historically, from 1962 until 2013, Venezuela Foreign Exchange Reserves averaged 11772.91 USD Million reaching an all time high of 42299 USD Million in December of 2008 and a record low of 514.50 USD Million in September of 1962. In Venezuela, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page includes a chart with historical data for Venezuela Foreign Exchange Reserves.

source: Banco Central de Venezuela

Venezuela Interest Rate

The benchmark interest rate in Venezuela was last recorded at 15.67 percent. Interest Rate in Venezuela is reported by the Banco Central de Venezuela. Historically, from 1998 until 2013, Venezuela Interest Rate averaged 23.77 Percent reaching an all time high of 83.73 Percent in February of 2002 and a record low of 12.79 Percent in April of 2006. The Central Bank of Venezuela (Banco Central de Venezuela, BCV) is not responsible for setting interest rates. This page includes a chart with historical data for Venezuela Interest Rate.

source: Banco Central de Venezuela

Venezuela Consumer Confidence

Consumer Confidence in Venezuela decreased to 72 in the first quarter of 2013 from 84 in the fourth quarter of 2012. Consumer Confidence in Venezuela is reported by the Nielsen. Historically, from 2011 until 2013, Venezuela Consumer Confidence averaged 82 reaching an all time high of 89 in June of 2012 and a record low of 72 in March of 2013. In Venezuela, the Consumer Confidence Index is part of The Nielsen Global Survey of Consumer Confidence and Spending Intentions. The survey is conducted every quarter by the Internet and measures the level of optimism that consumers have about job prospects, personal finances and spending intentions. Twice a year, the survey also includes questions regarding consumer habits and opinions on a number of other issues, ranging from climate change to online shopping and food safety. The index levels above 100 indicate optimism and below 100 indicate pessimism. This page includes a chart with historical data for Venezuela Consumer Confidence.

source: Nielsen

Venezuela Government Debt To GDP

Venezuela recorded a Government Debt to GDP of 49 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Venezuela is reported by the International Monetary Fund. Historically, from 1994 until 2012, Venezuela Government Debt To GDP averaged 42.4 Percent reaching an all time high of 71.9 Percent in December of 1994 and a record low of 26.3 Percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Venezuela Government Debt To GDP.

source: Ministry of Planning and Finance, Government of Venezuela

Venezuela GDP Growth Rate

The Gross Domestic Product (GDP) in Venezuela expanded 1.19 percent in the third quarter of 2012 over the previous quarter. GDP Growth Rate in Venezuela is reported by the Banco Central de Venezuela. Historically, from 1997 until 2012, Venezuela GDP Growth Rate averaged 0.8 Percent reaching an all time high of 22.7 Percent in June of 2003 and a record low of -15.3 Percent in March of 2003. Venezuela is a state-controlled economy and the fifth biggest in Latin America. From 1997 to 2012, the country has been growing at an average rate of 0.75 percent on a quarter over quarter basis, mostly due to exports of oil. Venezuela has the largest proven oil reserves in the world. Oil accounts for 96 percent of total exports and for 12 percent of the GDP. Yet, in order to reach its full growth potential, the country needs to reduce its dependence on oil revenue; increase competition in the energy sector; improve its infrastructure and reduce the levels of poverty and inequality. This page includes a chart with historical data for Venezuela GDP Growth Rate.

source: Banco Central de Venezuela

Venezuela Balance of Trade

Venezuela recorded a trade surplus of 6785 USD Million in the fourth quarter of 2012. Balance of Trade in Venezuela is reported by the Banco Central de Venezuela. Historically, from 1997 until 2012, Venezuela Balance of Trade averaged 5564.7 USD Million reaching an all time high of 19335.0 USD Million in September of 2008 and a record low of -4013.0 USD Million in December of 2008. Venezuela has been recording trade surpluses since 1997 due to shipments of oil (96 percent of total exports). Main imports are: electronics, chemicals, agricultural products and livestock and base metals. Main trading partners are: United States (40 percent of total exports and 26 percent of imports) and China (11 percent of exports and 15 percent of imports). Others include: Brazil, India, Cuba and Colombia. This page includes a chart with historical data for Venezuela Balance of Trade.

source: Banco Central de Venezuela

Venezuela Imports

Imports in Venezuela increased to 17841 USD Million in the fourth quarter of 2012 from 14694 USD Million in the third quarter of 2012. Imports in Venezuela is reported by the Banco Central de Venezuela. Historically, from 1997 until 2012, Venezuela Imports averaged 7172.6 USD Million reaching an all time high of 17841.0 USD Million in December of 2012 and a record low of 2099.0 USD Million in June of 2003. Venezuela main imports are: electronics (32 percent of total imports), chemical products (18 percent), agricultural products and livestock (11 percent), base metals (8 percent) and food, beverages and tobacco (6 percent). Main import partners are: United States (26 percent of total imports), China (15 percent) and Brazil (9 percent). Others include: Colombia, Argentina and Mexico. This page includes a chart with historical data for Venezuela Imports.

source: Banco Central de Venezuela

Venezuela Exports

Exports in Venezuela increased to 24626 USD Million in the fourth quarter of 2012 from 23310 USD Million in the third quarter of 2012. Exports in Venezuela is reported by the Banco Central de Venezuela. Historically, from 1997 until 2012, Venezuela Exports averaged 12737.2 USD Million reaching an all time high of 31760.0 USD Million in September of 2008 and a record low of 3566.0 USD Million in March of 1999. Venezuela is the world´s tenth biggest exporter and the thirteenth largest producer of oil. Shipments of oil account for 96 percent of total exports. Main export partners are: United States (40 percent of total exports), China (11 percent) and India (6 percent). Others include: Cuba, Colombia and Brazil. This page includes a chart with historical data for Venezuela Exports.

source: Banco Central de Venezuela

Venezuela GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Venezuela expanded 5.48 percent in the fourth quarter of 2012 over the same quarter of the previous year. GDP Annual Growth Rate in Venezuela is reported by the Banco Central de Venezuela. Historically, from 1998 until 2012, Venezuela GDP Annual Growth Rate averaged 2.9 Percent reaching an all time high of 36.1 Percent in March of 2004 and a record low of -26.7 Percent in March of 2003. The biggest sector of Venezuela´s economy is services. Financing, insurance, real estate and business services; communication, transport and warehousing; trade, repairs, restaurants and hotels; community, personal, household and government services account for 60 percent of the GDP. Manufacturing and mining create 16 percent of the wealth and oil exploitation 12.3 percent. Construction and water and electricity distribution account for the remaining 12 percent of GDP. This page includes a chart with historical data for Venezuela GDP Annual Growth Rate.

source: Banco Central de Venezuela

Venezuela Current Account to GDP

Venezuela recorded a Current Account surplus of 7.10 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Venezuela is reported by the World Bank. Historically, from 1980 until 2012, Venezuela Current Account to GDP averaged 5.26 Percent reaching an all time high of 17.70 Percent in December of 2005 and a record low of -9.20 Percent in December of 1988. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Venezuela Current Account to GDP.

source: World Bank

Venezuela Government Budget

Venezuela recorded a Government Budget deficit equal to 8.50 percent of the country's Gross Domestic Product in 2012. Government Budget in Venezuela is reported by the Ministry of Planning and Finance, Government of Venezuela. Historically, from 1990 until 2012, Venezuela Government Budget averaged -1.53 Percent of GDP reaching an all time high of 3.79 Percent of GDP in December of 1991 and a record low of -8.50 Percent of GDP in December of 2012. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Venezuela Government Budget.

source: Ministry of Planning and Finance, Government of Venezuela

Venezuela GDP

The Gross Domestic Product (GDP) in Venezuela was worth 316.48 billion US dollars in 2011. The GDP value of Venezuela represents 0.51 percent of the world economy. GDP in Venezuela is reported by the The World Bank Group. Historically, from 1960 until 2011, Venezuela GDP averaged 79.57 USD Billion reaching an all time high of 387.85 USD Billion in December of 2010 and a record low of 8.61 USD Billion in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page includes a chart with historical data for Venezuela GDP.

source: The World Bank Group

Venezuela GDP per capita PPP

The Gross Domestic Product per capita in Venezuela was last recorded at 12748.74 US dollars in 2011, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Venezuela, when adjusted by Purchasing Power Parity is equivalent to 58 percent of the world's average. GDP per capita PPP in Venezuela is reported by the World Bank. Historically, from 1980 until 2011, Venezuela GDP per capita PPP averaged 8329.71 USD reaching an all time high of 12895.32 USD in December of 2008 and a record low of 5535.64 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Venezuela GDP per capita PPP.

source: World Bank

Venezuela | Credit Rating

Standard & Poor's credit rating for Venezuela stands at B+. Moody's rating for Venezuela sovereign debt is B2. Fitch's credit rating for Venezuela is B+. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Venezuela thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Venezuela as reported by major credit rating agencies.

source:

Venezuela Population

The total population in Venezuela was last recorded at 29.3 million people in 2011 from 7.6 million in 1960, changing 286 percent during the last 50 years. Population in Venezuela is reported by the World Bank. Historically, from 1960 until 2011, Venezuela Population averaged 17.8 Million reaching an all time high of 29.3 Million in December of 2011 and a record low of 7.6 Million in December of 1960. The population of Venezuela represents 0.42 percent of the world´s total population which arguably means that one person in every 238 people on the planet is a resident of Venezuela. This page includes a chart with historical data for Venezuela Population.

source: World Bank

Venezuela GDP per capita

The Gross Domestic Product per capita in Venezuela was last recorded at 5671.91 US dollars in 2011. The GDP per Capita in Venezuela is equivalent to 46 percent of the world's average. GDP per capita in Venezuela is reported by the World Bank. Historically, from 1960 until 2011, Venezuela GDP per capita averaged 5478.8 USD reaching an all time high of 6521.5 USD in December of 1977 and a record low of 3966.5 USD in December of 2003. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Venezuela GDP per capita.

source: World Bank

datas from tradingeconomics.com

21 May 2013 ► Converter Bolivar Fuerte ► Free online currency conversion based on exchange rates. Currency converter