Venezuela recorded a Current Account deficit of 5113 USD Million in the fourth quarter of 2015. Current Account in Venezuela averaged 2004.87 USD Million from 1990 until 2015, reaching an all time high of 15502.00 USD Million in the third quarter of 2008 and a record low of -6088.00 USD Million in the first quarter of 2015.

Current Account in Venezuela is expected to be -9000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Venezuela to stand at -8600.00 in 12 months time. In the long-term, the Venezuela Current Account is projected to trend around -8600.00 USD Million in 2020, according to our econometric models.

Venezuela Current Account
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Venezuela Trade Last Previous Highest Lowest Unit
Balance of Trade -782.00 3330.00 17732.00 -2015.00 USD Million [+]
Current Account -5113.00 -5050.00 15502.00 -6088.00 USD Million [+]
Current Account to GDP 2.00 -1.60 17.70 -9.20 percent [+]
Imports 9576.00 8778.00 17841.00 1970.00 USD Million [+]
Exports 8483.00 12108.00 30743.00 2995.00 USD Million [+]
External Debt 0.00 0.00 2189.00 0.00 USD Million [+]
Gold Reserves 161.20 161.20 372.93 150.00 Tonnes [+]
Crude Oil Production 1488.00 1511.00 3453.00 594.00 BBL/D/1K [+]
Terrorism Index 3.67 3.63 3.67 0.63 [+]
Foreign Direct Investment -558.00 736.00 3061.00 -1509.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Venezuela Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Venezuela Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Current Account - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-5113.00 -5050.00 15502.00 -6088.00 1990 - 2015 USD Million Quarterly




Country Last Previous
Argentina -7591.00 Sep/18
Australia -10688.00 Sep/18
Brazil -815.00 Dec/18
Canada -10343.00 Sep/18
China 546.00 Dec/18
Euro Area 23.25 Nov/18
France -1117.00 Dec/18
Germany 21000.00 Dec/18
India -19100.00 Sep/18
Indonesia -9148.00 Dec/18
Italy 4805.70 Nov/18
Japan 452.80 Dec/18
Mexico -5081.50 Sep/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 4819.30 Dec/18
Spain 1770.00 Nov/18
Switzerland 14596.00 Sep/18
Turkey -1437.00 Dec/18
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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