Venezuela recorded a Current Account surplus of 2533 USD Million in the first quarter of 2019. Current Account in Venezuela averaged 1700.56 USD Million from 1990 until 2019, reaching an all time high of 15700 USD Million in the third quarter of 2008 and a record low of -6580 USD Million in the fourth quarter of 2008. source: Banco Central De Venezuela
Current Account in Venezuela is expected to be 2300.00 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 1500.00 in 12 months time. In the long-term, the Venezuela Current Account is projected to trend around 1000.00 USD Million in 2020, according to our econometric models.