Travel services in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Travel services was 38.1% in 2016. ▲ Rising
Travel services in Venezuela, Bolivarian Republic of, 1970–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
The most recent figure for travel services in Venezuela, Bolivarian Republic of is 38.1%, measured in 2016.
Compared with earlier readings it is up 1.5% on the previous year and down 28.3% over ten years.
Over the whole period, travel services in Venezuela, Bolivarian Republic of peaked at 60.4% in 1996 and was at its lowest, 25.7%, in 1981.
That places Venezuela, Bolivarian Republic of 102nd out of 198 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Travel services in Venezuela, Bolivarian Republic of, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1970 | 37.9% | — |
| 1971 | 43.6% | +15.0% |
| 1972 | 49.0% | +12.4% |
| 1973 | 51.1% | +4.2% |
| 1974 | 56.8% | +11.2% |
| 1975 | 50.8% | -10.5% |
| 1976 | 33.3% | -34.4% |
| 1977 | 34.6% | +3.9% |
| 1978 | 33.7% | -2.8% |
| 1979 | 31.1% | -7.7% |
| 1980 | 36.7% | +18.0% |
| 1981 | 25.7% | -30.0% |
| 1982 | 30.8% | +20.0% |
| 1983 | 30.0% | -2.7% |
| 1984 | 54.4% | +81.7% |
| 1985 | 54.7% | +0.6% |
| 1986 | 55.9% | +2.2% |
| 1987 | 49.6% | -11.3% |
| 1988 | 35.7% | -28.0% |
| 1989 | 43.2% | +20.9% |
| 1990 | 44.1% | +2.2% |
| 1991 | 44.3% | +0.3% |
| 1992 | 36.4% | -17.9% |
| 1993 | 45.2% | +24.2% |
| 1994 | 53.6% | +18.7% |
| 1995 | 55.0% | +2.6% |
| 1996 | 60.4% | +9.8% |
| 1997 | 46.8% | -22.6% |
| 1998 | 54.5% | +16.5% |
| 1999 | 48.0% | -12.0% |
| 2000 | 39.9% | -16.9% |
| 2001 | 49.4% | +23.8% |
| 2002 | 47.3% | -4.1% |
| 2003 | 41.6% | -12.0% |
| 2004 | 48.8% | +17.3% |
| 2005 | 51.9% | +6.3% |
| 2006 | 53.1% | +2.4% |
| 2007 | 51.2% | -3.7% |
| 2008 | 50.8% | -0.8% |
| 2009 | 50.8% | +0.1% |
| 2010 | 51.4% | +1.1% |
| 2011 | 45.7% | -11.2% |
| 2012 | 46.7% | +2.4% |
| 2013 | 46.4% | -0.7% |
| 2014 | 46.0% | -1.0% |
| 2015 | 37.5% | -18.4% |
| 2016 | 38.1% | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 42.2% | 31.1% | 56.8% | 10 |
| 1980s | 41.7% | 25.7% | 55.9% | 10 |
| 1990s | 48.8% | 36.4% | 60.4% | 10 |
| 2000s | 48.5% | 39.9% | 53.1% | 10 |
| 2010s | 44.5% | 37.5% | 51.4% | 7 |
Countries ranked near Venezuela, Bolivarian Republic of
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 travel services in Venezuela, Bolivarian Republic of?
- Travel services in Venezuela, Bolivarian Republic of was 38.1% in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 60.4% in 1996.
- What is the lowest travel services recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 25.7% in 1981.
- How does Venezuela, Bolivarian Republic of rank for travel services?
- Venezuela, Bolivarian Republic of ranks 102nd out of 198 countries with data for 2016.
- Is travel services rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 28.3%. The long-run trend across the full record is rising.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of commercial service exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.