Commercial service exports (current US$), annual growth rate in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Commercial service exports (current US$), annual growth rate was -18.98 % change on previous year in 2016. ◆ Volatile
Commercial service exports (current US$), annual growth rate in Venezuela, Bolivarian Republic of, 1971–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2016, commercial service exports (current us$), annual growth rate in Venezuela, Bolivarian Republic of stood at -18.98 % change on previous year.
Compared with earlier readings it is down 20.7% on the previous year and down 223.1% over ten years.
Over the whole period, commercial service exports (current us$), annual growth rate in Venezuela, Bolivarian Republic of peaked at 56.38 % change on previous year in 1973 and was at its lowest, -36.43 % change on previous year, in 1984.
That places Venezuela, Bolivarian Republic of 191st out of 198 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports (current US$), annual growth rate in Venezuela, Bolivarian Republic of, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.06 % change on previous year | — |
| 1972 | 6.43 % change on previous year | +6.1% |
| 1973 | 56.38 % change on previous year | +777.0% |
| 1974 | 32.19 % change on previous year | -42.9% |
| 1975 | 14.94 % change on previous year | -53.6% |
| 1976 | -8.47 % change on previous year | -156.7% |
| 1977 | 49.69 % change on previous year | -686.4% |
| 1978 | 25.57 % change on previous year | -48.5% |
| 1979 | -5.91 % change on previous year | -123.1% |
| 1980 | 15.71 % change on previous year | -365.7% |
| 1981 | 9.95 % change on previous year | -36.6% |
| 1982 | 37.72 % change on previous year | +278.9% |
| 1983 | 3.09 % change on previous year | -91.8% |
| 1984 | -36.43 % change on previous year | -1279.7% |
| 1985 | 15.5 % change on previous year | -142.6% |
| 1986 | 4.47 % change on previous year | -71.1% |
| 1987 | 5.67 % change on previous year | +26.7% |
| 1988 | -2.86 % change on previous year | -150.5% |
| 1989 | 10.55 % change on previous year | -468.9% |
| 1990 | 24.75 % change on previous year | +134.6% |
| 1991 | 2.49 % change on previous year | -89.9% |
| 1992 | 5.99 % change on previous year | +140.4% |
| 1993 | 1.88 % change on previous year | -68.6% |
| 1994 | 17.93 % change on previous year | +851.6% |
| 1995 | 5.18 % change on previous year | -71.1% |
| 1996 | -5.18 % change on previous year | -200.1% |
| 1997 | -18.46 % change on previous year | +256.0% |
| 1998 | 8.13 % change on previous year | -144.1% |
| 1999 | -6.12 % change on previous year | -175.3% |
| 2000 | -12.39 % change on previous year | +102.3% |
| 2001 | 17.44 % change on previous year | -240.8% |
| 2002 | -26.4 % change on previous year | -251.4% |
| 2003 | -13.3 % change on previous year | -49.6% |
| 2004 | 29.31 % change on previous year | -320.3% |
| 2005 | 21.79 % change on previous year | -25.7% |
| 2006 | 15.42 % change on previous year | -29.3% |
| 2007 | 20.97 % change on previous year | +36.0% |
| 2008 | 16.02 % change on previous year | -23.6% |
| 2009 | -4.14 % change on previous year | -125.9% |
| 2010 | -16.82 % change on previous year | +306.1% |
| 2011 | 0.2474 % change on previous year | -101.5% |
| 2012 | 11.41 % change on previous year | +4513.6% |
| 2013 | 2.38 % change on previous year | -79.1% |
| 2014 | -1.62 % change on previous year | -168.1% |
| 2015 | -15.72 % change on previous year | +869.1% |
| 2016 | -18.98 % change on previous year | +20.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.65 % change on previous year | -8.47 % change on previous year | 56.38 % change on previous year | 9 |
| 1980s | 6.34 % change on previous year | -36.43 % change on previous year | 37.72 % change on previous year | 10 |
| 1990s | 3.66 % change on previous year | -18.46 % change on previous year | 24.75 % change on previous year | 10 |
| 2000s | 6.47 % change on previous year | -26.4 % change on previous year | 29.31 % change on previous year | 10 |
| 2010s | -5.59 % change on previous year | -18.98 % change on previous year | 11.41 % change on previous year | 7 |
Countries ranked near Venezuela, Bolivarian Republic of
- 188 Tajikistan -14.51 % change on previous year compare
- 189 Togo -16.89 % change on previous year compare
- 190 Nicaragua -17.87 % change on previous year compare
- 192 Qatar -20.29 % change on previous year compare
- 193 Mauritania -31.13 % change on previous year compare
- 194 Haiti -32.74 % change on previous year compare
More private sector data for Venezuela, Bolivarian Republic of
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.58 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0863 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -40.13 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports (current us$), annual growth rate in Venezuela, Bolivarian Republic of?
- Commercial service exports (current us$), annual growth rate in Venezuela, Bolivarian Republic of was -18.98 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest commercial service exports (current us$), annual growth rate recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 56.38 % change on previous year in 1973.
- What is the lowest commercial service exports (current us$), annual growth rate recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was -36.43 % change on previous year in 1984.
- How does Venezuela, Bolivarian Republic of rank for commercial service exports (current us$), annual growth rate?
- Venezuela, Bolivarian Republic of ranks 191st out of 198 countries with data for 2016.
- Is commercial service exports (current us$), annual growth rate rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 223.1%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Statizoid (derived), published as part of Commercial service exports (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Commercial service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.