Venezuela recorded a Current Account surplus of 1687 USD Million in the fourth quarter of 2018. Current Account in Venezuela averaged 1673.43 USD Million from 1990 until 2018, 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.
Current Account in Venezuela is expected to be -8600.00 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 -9800.00 in 12 months time. In the long-term, the Venezuela Current Account is projected to trend around -9000.00 USD Million in 2020, according to our econometric models.