Travel services in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Travel services was 20.0% in 2016. ▼ Falling
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 imports.
Analysis
The most recent figure for travel services in Venezuela, Bolivarian Republic of is 20.0%, measured in 2016.
That represents a change of up 26.6% on the previous year and down 6.0% over ten years.
Over the whole period, travel services in Venezuela, Bolivarian Republic of peaked at 49.4% in 1982 and was at its lowest, 14.1%, in 2008.
That places Venezuela, Bolivarian Republic of 103rd 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.
Travel services in Venezuela, Bolivarian Republic of, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1970 | 28.2% | — |
| 1971 | 25.5% | -9.5% |
| 1972 | 28.3% | +10.7% |
| 1973 | 27.2% | -3.6% |
| 1974 | 26.0% | -4.4% |
| 1975 | 25.7% | -1.3% |
| 1976 | 30.2% | +17.4% |
| 1977 | 36.5% | +20.8% |
| 1978 | 42.4% | +16.4% |
| 1979 | 42.1% | -0.7% |
| 1980 | 47.6% | +12.9% |
| 1981 | 48.0% | +0.9% |
| 1982 | 49.4% | +2.9% |
| 1983 | 40.7% | -17.7% |
| 1984 | 40.8% | +0.2% |
| 1985 | 30.1% | -26.2% |
| 1986 | 25.9% | -14.0% |
| 1987 | 23.0% | -11.1% |
| 1988 | 18.1% | -21.5% |
| 1989 | 33.6% | +85.7% |
| 1990 | 41.8% | +24.5% |
| 1991 | 36.8% | -12.1% |
| 1992 | 34.2% | -7.1% |
| 1993 | 47.3% | +38.4% |
| 1994 | 42.6% | -10.0% |
| 1995 | 36.3% | -14.6% |
| 1996 | 47.7% | +31.3% |
| 1997 | 19.9% | -58.3% |
| 1998 | 22.4% | +12.7% |
| 1999 | 25.2% | +12.6% |
| 2000 | 24.8% | -1.7% |
| 2001 | 24.5% | -1.1% |
| 2002 | 25.5% | +4.0% |
| 2003 | 26.4% | +3.3% |
| 2004 | 25.2% | -4.4% |
| 2005 | 24.6% | -2.2% |
| 2006 | 21.3% | -13.7% |
| 2007 | 14.4% | -32.3% |
| 2008 | 14.1% | -1.9% |
| 2009 | 14.6% | +3.7% |
| 2010 | 14.5% | -0.6% |
| 2011 | 15.9% | +9.4% |
| 2012 | 14.4% | -9.7% |
| 2013 | 17.4% | +20.8% |
| 2014 | 14.8% | -14.9% |
| 2015 | 15.8% | +6.8% |
| 2016 | 20.0% | +26.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.2% | 25.5% | 42.4% | 10 |
| 1980s | 35.7% | 18.1% | 49.4% | 10 |
| 1990s | 35.4% | 19.9% | 47.7% | 10 |
| 2000s | 21.5% | 14.1% | 26.4% | 10 |
| 2010s | 16.1% | 14.4% | 20.0% | 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 20.0% 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 49.4% in 1982.
- What is the lowest travel services recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 14.1% in 2008.
- How does Venezuela, Bolivarian Republic of rank for travel services?
- Venezuela, Bolivarian Republic of ranks 103rd 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 6.0%. The long-run trend across the full record is falling.
- 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 imports). Statizoid updates them automatically from the source API.
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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 imports which are commercial services provided by non-residents to residents.