Commercial service imports (current US$), per unit of GDP in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Commercial service imports (current US$), per unit of GDP was 0.0803 current US$ per US$ of GDP in 2016. ▼ Falling
Commercial service imports (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 imports (current us$), per unit of gdp in Venezuela, Bolivarian Republic of is 0.0803 current US$ per US$ of GDP, measured in 2016.
That represents a change of down 24.5% on the previous year and up 154.8% over ten years.
Over the whole period, commercial service imports (current us$), per unit of gdp in Venezuela, Bolivarian Republic of peaked at 0.1063 current US$ per US$ of GDP in 2015 and was at its lowest, 0.0315 current US$ per US$ of GDP, in 2006.
That places Venezuela, Bolivarian Republic of 120th out of 198 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Commercial service imports (current US$), per unit of GDP in Venezuela, Bolivarian Republic of, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0439 current US$ per US$ of GDP | — |
| 1971 | 0.0428 current US$ per US$ of GDP | -2.4% |
| 1972 | 0.0461 current US$ per US$ of GDP | +7.6% |
| 1973 | 0.0427 current US$ per US$ of GDP | -7.4% |
| 1974 | 0.0425 current US$ per US$ of GDP | -0.3% |
| 1975 | 0.0589 current US$ per US$ of GDP | +38.6% |
| 1976 | 0.0651 current US$ per US$ of GDP | +10.4% |
| 1977 | 0.0804 current US$ per US$ of GDP | +23.5% |
| 1978 | 0.0989 current US$ per US$ of GDP | +23.0% |
| 1979 | 0.0854 current US$ per US$ of GDP | -13.6% |
| 1980 | 0.0711 current US$ per US$ of GDP | -16.8% |
| 1981 | 0.0745 current US$ per US$ of GDP | +4.8% |
| 1982 | 0.0874 current US$ per US$ of GDP | +17.3% |
| 1983 | 0.039 current US$ per US$ of GDP | -55.3% |
| 1984 | 0.0435 current US$ per US$ of GDP | +11.6% |
| 1985 | 0.032 current US$ per US$ of GDP | -26.5% |
| 1986 | 0.0346 current US$ per US$ of GDP | +8.3% |
| 1987 | 0.046 current US$ per US$ of GDP | +32.8% |
| 1988 | 0.0467 current US$ per US$ of GDP | +1.6% |
| 1989 | 0.0438 current US$ per US$ of GDP | -6.3% |
| 1990 | 0.0503 current US$ per US$ of GDP | +15.0% |
| 1991 | 0.0624 current US$ per US$ of GDP | +24.1% |
| 1992 | 0.0692 current US$ per US$ of GDP | +10.8% |
| 1993 | 0.0734 current US$ per US$ of GDP | +6.1% |
| 1994 | 0.0784 current US$ per US$ of GDP | +6.9% |
| 1995 | 0.0609 current US$ per US$ of GDP | -22.3% |
| 1996 | 0.0664 current US$ per US$ of GDP | +8.9% |
| 1997 | 0.0442 current US$ per US$ of GDP | -33.3% |
| 1998 | 0.0435 current US$ per US$ of GDP | -1.6% |
| 1999 | 0.042 current US$ per US$ of GDP | -3.5% |
| 2000 | 0.0364 current US$ per US$ of GDP | -13.4% |
| 2001 | 0.0368 current US$ per US$ of GDP | +1.0% |
| 2002 | 0.0414 current US$ per US$ of GDP | +12.6% |
| 2003 | 0.039 current US$ per US$ of GDP | -5.8% |
| 2004 | 0.038 current US$ per US$ of GDP | -2.5% |
| 2005 | 0.0356 current US$ per US$ of GDP | -6.3% |
| 2006 | 0.0315 current US$ per US$ of GDP | -11.5% |
| 2007 | 0.0465 current US$ per US$ of GDP | +47.7% |
| 2008 | 0.0406 current US$ per US$ of GDP | -12.8% |
| 2009 | 0.0393 current US$ per US$ of GDP | -3.3% |
| 2010 | 0.0352 current US$ per US$ of GDP | -10.4% |
| 2011 | 0.0513 current US$ per US$ of GDP | +45.7% |
| 2012 | 0.0493 current US$ per US$ of GDP | -3.8% |
| 2013 | 0.0719 current US$ per US$ of GDP | +45.8% |
| 2014 | 0.0765 current US$ per US$ of GDP | +6.3% |
| 2015 | 0.1063 current US$ per US$ of GDP | +39.0% |
| 2016 | 0.0803 current US$ per US$ of GDP | -24.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0607 current US$ per US$ of GDP | 0.0425 current US$ per US$ of GDP | 0.0989 current US$ per US$ of GDP | 10 |
| 1980s | 0.0519 current US$ per US$ of GDP | 0.032 current US$ per US$ of GDP | 0.0874 current US$ per US$ of GDP | 10 |
| 1990s | 0.0591 current US$ per US$ of GDP | 0.042 current US$ per US$ of GDP | 0.0784 current US$ per US$ of GDP | 10 |
| 2000s | 0.0385 current US$ per US$ of GDP | 0.0315 current US$ per US$ of GDP | 0.0465 current US$ per US$ of GDP | 10 |
| 2010s | 0.0673 current US$ per US$ of GDP | 0.0352 current US$ per US$ of GDP | 0.1063 current US$ per US$ of GDP | 7 |
Countries ranked near Venezuela, Bolivarian Republic of
- 117 Morocco 0.0827 current US$ per US$ of GDP compare
- 118 Uganda 0.0809 current US$ per US$ of GDP compare
- 119 Belarus 0.0808 current US$ per US$ of GDP compare
- 121 Samoa 0.0793 current US$ per US$ of GDP compare
- 122 Benin 0.0782 current US$ per US$ of GDP compare
- 123 Papua New Guinea 0.0778 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$), annual growth rate -40.13 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports (current us$), per unit of gdp in Venezuela, Bolivarian Republic of?
- Commercial service imports (current us$), per unit of gdp in Venezuela, Bolivarian Republic of was 0.0803 current US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest commercial service imports (current us$), per unit of gdp recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 0.1063 current US$ per US$ of GDP in 2015.
- What is the lowest commercial service imports (current us$), per unit of gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.0315 current US$ per US$ of GDP in 2006.
- How does Venezuela, Bolivarian Republic of rank for commercial service imports (current us$), per unit of gdp?
- Venezuela, Bolivarian Republic of ranks 120th out of 198 countries with data for 2016.
- Is commercial service imports (current us$), per unit of gdp rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 154.8%. 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 imports (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Commercial service imports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Commercial service imports (current US$) ÷ GDP (current US$)
Computed from
- Commercial service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Commercial service imports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.