Travel services (% of commercial service exports) in Venezuela
Venezuela: Travel services (% of commercial service exports) was 15.7% in 2025. ▼ Falling
Travel services in Venezuela, 1970–2025
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 is 15.7%, measured in 2025.
Compared with earlier readings it is down 24.2% on the previous year and down 58.3% over ten years.
Over the whole period, travel services in Venezuela peaked at 60.4% in 1996 and was at its lowest, 13.9%, in 2016.
That places Venezuela 156th out of 198 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 56 years of available data.
Travel services (% of commercial service exports) in Venezuela, 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 | 50.7% | -0.1% |
| 2010 | 50.3% | -0.8% |
| 2011 | 46.1% | -8.5% |
| 2012 | 45.7% | -0.8% |
| 2013 | 44.9% | -1.8% |
| 2014 | 46.0% | +2.5% |
| 2015 | 37.7% | -17.9% |
| 2016 | 13.9% | -63.3% |
| 2017 | 38.5% | +177.8% |
| 2018 | 31.7% | -17.7% |
| 2019 | 34.3% | +8.3% |
| 2020 | 23.2% | -32.5% |
| 2021 | 18.6% | -19.6% |
| 2022 | 16.7% | -10.3% |
| 2023 | 16.8% | +0.7% |
| 2024 | 20.7% | +23.3% |
| 2025 | 15.7% | -24.2% |
Venezuela compared with similar countries
- Venezuela's 15.7% is below the median for lower middle income countries, which is 38.7%, 41% of the median. (47 countries reporting)
- Venezuela's 15.7% is below the median for Latin America & Caribbean, which is 53.3%, 30% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Travel services (% of commercial service exports) in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +177.8% | 13.9% | 38.5% |
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 | 38.9% | 13.9% | 50.3% | 10 |
| 2020s | 18.6% | 15.7% | 23.2% | 6 |
Countries ranked near Venezuela
More private sector data for Venezuela
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Commercial service imports 5.95 billion current US$ (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Commercial service exports 1.12 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.58 current US$ per person (2025)
Frequently asked questions
- What is travel services in Venezuela?
- Travel services in Venezuela was 15.7% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Venezuela?
- The highest recorded value was 60.4% in 1996.
- What is the lowest travel services recorded in Venezuela?
- The lowest recorded value was 13.9% in 2016.
- How does Venezuela rank for travel services?
- Venezuela ranks 156th out of 198 countries with data for 2025.
- Is travel services rising or falling in Venezuela?
- Over the last ten years it is down 58.3%. The long-run trend across the full record is falling.
- Where does this Venezuela 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
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.