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.

Venezuela Current Account
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Venezuela Trade Last Previous Highest Lowest Unit
Balance of Trade 4616.00 5491.00 18496.00 -3154.00 USD Million [+]
Current Account 1687.00 2367.00 15700.00 -6580.00 USD Million [+]
Current Account to GDP 6.00 6.10 17.70 -9.20 percent [+]
Imports 3641.00 3121.00 19338.00 1970.00 USD Million [+]
Exports 8257.00 8612.00 31468.00 2995.00 USD Million [+]
External Debt 2.00 0.00 2189.00 0.00 USD Million [+]
Gold Reserves 161.20 161.20 372.93 150.00 Tonnes [+]
Crude Oil Production 1047.00 1050.00 3453.00 594.00 BBL/D/1K [+]
Terrorism Index 3.67 3.63 3.67 0.63 [+]
Foreign Direct Investment 197.00 14.00 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1687.00 2367.00 15700.00 -6580.00 1990 - 2018 USD Million Quarterly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 490.00 Mar/19
Euro Area 19.20 Apr/19
France 343.00 May/19
Germany 16500.00 May/19
India -4600.00 Mar/19
Indonesia -6966.00 Mar/19
Italy 3913.80 Apr/19
Japan 1594.84 May/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea 4949.40 May/19
Spain -413.00 Apr/19
Switzerland 17215.95 Mar/19
Turkey 151.00 May/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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