Commercial service exports (current US$), per unit of GDP in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Commercial service exports (current US$), per unit of GDP was 0.011 current US$ per US$ of GDP in 2016. ▼ Falling
Commercial service exports (current US$), per unit of GDP in Venezuela, Bolivarian Republic of, 1970–2016
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for commercial service exports (current us$), per unit of gdp in Venezuela, Bolivarian Republic of is 0.011 current US$ per US$ of GDP, measured in 2016.
That represents a change of down 10.2% on the previous year and up 39.6% over ten years.
Over the whole period, commercial service exports (current us$), per unit of gdp in Venezuela, Bolivarian Republic of peaked at 0.0251 current US$ per US$ of GDP in 1994 and was at its lowest, 0.0041 current US$ per US$ of GDP, in 2010.
That places Venezuela, Bolivarian Republic of 186th out of 198 countries with data for 2016, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 47 years of available data.
Commercial service exports (current US$), per unit of GDP in Venezuela, Bolivarian Republic of, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0114 current US$ per US$ of GDP | — |
| 1971 | 0.0108 current US$ per US$ of GDP | -5.6% |
| 1972 | 0.0107 current US$ per US$ of GDP | -1.1% |
| 1973 | 0.0137 current US$ per US$ of GDP | +28.3% |
| 1974 | 0.0118 current US$ per US$ of GDP | -13.7% |
| 1975 | 0.0129 current US$ per US$ of GDP | +9.2% |
| 1976 | 0.0103 current US$ per US$ of GDP | -20.0% |
| 1977 | 0.0134 current US$ per US$ of GDP | +29.9% |
| 1978 | 0.0155 current US$ per US$ of GDP | +15.6% |
| 1979 | 0.0119 current US$ per US$ of GDP | -23.4% |
| 1980 | 0.0112 current US$ per US$ of GDP | -5.4% |
| 1981 | 0.011 current US$ per US$ of GDP | -2.0% |
| 1982 | 0.0148 current US$ per US$ of GDP | +34.9% |
| 1983 | 0.0153 current US$ per US$ of GDP | +3.4% |
| 1984 | 0.011 current US$ per US$ of GDP | -28.3% |
| 1985 | 0.0123 current US$ per US$ of GDP | +11.6% |
| 1986 | 0.0131 current US$ per US$ of GDP | +7.0% |
| 1987 | 0.0175 current US$ per US$ of GDP | +33.1% |
| 1988 | 0.0135 current US$ per US$ of GDP | -22.5% |
| 1989 | 0.0207 current US$ per US$ of GDP | +52.9% |
| 1990 | 0.0231 current US$ per US$ of GDP | +11.7% |
| 1991 | 0.0216 current US$ per US$ of GDP | -6.8% |
| 1992 | 0.0202 current US$ per US$ of GDP | -6.2% |
| 1993 | 0.0207 current US$ per US$ of GDP | +2.5% |
| 1994 | 0.0251 current US$ per US$ of GDP | +21.2% |
| 1995 | 0.0199 current US$ per US$ of GDP | -20.6% |
| 1996 | 0.0207 current US$ per US$ of GDP | +4.0% |
| 1997 | 0.0139 current US$ per US$ of GDP | -33.0% |
| 1998 | 0.0141 current US$ per US$ of GDP | +1.6% |
| 1999 | 0.0124 current US$ per US$ of GDP | -12.5% |
| 2000 | 0.0091 current US$ per US$ of GDP | -26.7% |
| 2001 | 0.0101 current US$ per US$ of GDP | +11.9% |
| 2002 | 0.0099 current US$ per US$ of GDP | -2.6% |
| 2003 | 0.0095 current US$ per US$ of GDP | -3.7% |
| 2004 | 0.0091 current US$ per US$ of GDP | -3.8% |
| 2005 | 0.0086 current US$ per US$ of GDP | -5.9% |
| 2006 | 0.0079 current US$ per US$ of GDP | -8.5% |
| 2007 | 0.0076 current US$ per US$ of GDP | -3.7% |
| 2008 | 0.0064 current US$ per US$ of GDP | -15.4% |
| 2009 | 0.0059 current US$ per US$ of GDP | -8.2% |
| 2010 | 0.0041 current US$ per US$ of GDP | -30.2% |
| 2011 | 0.0051 current US$ per US$ of GDP | +24.5% |
| 2012 | 0.0049 current US$ per US$ of GDP | -5.2% |
| 2013 | 0.0072 current US$ per US$ of GDP | +47.3% |
| 2014 | 0.0085 current US$ per US$ of GDP | +18.4% |
| 2015 | 0.0122 current US$ per US$ of GDP | +44.6% |
| 2016 | 0.011 current US$ per US$ of GDP | -10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0122 current US$ per US$ of GDP | 0.0103 current US$ per US$ of GDP | 0.0155 current US$ per US$ of GDP | 10 |
| 1980s | 0.014 current US$ per US$ of GDP | 0.011 current US$ per US$ of GDP | 0.0207 current US$ per US$ of GDP | 10 |
| 1990s | 0.0192 current US$ per US$ of GDP | 0.0124 current US$ per US$ of GDP | 0.0251 current US$ per US$ of GDP | 10 |
| 2000s | 0.0084 current US$ per US$ of GDP | 0.0059 current US$ per US$ of GDP | 0.0101 current US$ per US$ of GDP | 10 |
| 2010s | 0.0076 current US$ per US$ of GDP | 0.0041 current US$ per US$ of GDP | 0.0122 current US$ per US$ of GDP | 7 |
Countries ranked near Venezuela, Bolivarian Republic of
- 183 Iran, Islamic Republic of 0.0124 current US$ per US$ of GDP compare
- 184 Mauritania 0.0114 current US$ per US$ of GDP compare
- 185 Niger 0.0112 current US$ per US$ of GDP compare
- 187 Zimbabwe 0.0106 current US$ per US$ of GDP compare
- 188 Yemen 0.0099 current US$ per US$ of GDP compare
- 189 Tajikistan 0.0093 current US$ per US$ of GDP 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$), annual growth rate -40.13 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports (current us$), per unit of gdp in Venezuela, Bolivarian Republic of?
- Commercial service exports (current us$), per unit of gdp in Venezuela, Bolivarian Republic of was 0.011 current US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest commercial service exports (current us$), per unit of gdp recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 0.0251 current US$ per US$ of GDP in 1994.
- What is the lowest commercial service exports (current us$), per unit of gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.0041 current US$ per US$ of GDP in 2010.
- How does Venezuela, Bolivarian Republic of rank for commercial service exports (current us$), per unit of gdp?
- Venezuela, Bolivarian Republic of ranks 186th out of 198 countries with data for 2016.
- Is commercial service exports (current us$), per unit of gdp rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 39.6%. The long-run trend across the full record is falling.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Commercial service exports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Commercial service exports (current US$) ÷ GDP (current US$)
Computed from
- Commercial service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Commercial service exports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.