| Venezuela |
|
Economic forecasts - General economic indicators - Investments - Foreign trade
| Indicators | 2007 | 2008 |
| GDP (USD billion) | 226.922 | 285.232 |
| GDP (constant prices, annual % change) | 8 | 6 |
| GDP per capita (USD) | 8 252 | 10 169 |
| Inflation rate (consumer prices, annual % change) | 18 | 19 |
Source : IMF - World Economic Outlook Database
| Indicators | 2004 | 2005 | 2006 |
| GDP (USD billion)(1) | 112.8 | 143.443 | 181.608 |
| GDP (constants prices, annual % change)(1) | 18.3 | 10.3 | 10.3 |
| GPD per capita (USD)(1) | 4353.528 | 5427.296 | 6736.205 |
| Inflation (consumer prices, annual % change)(1) | 21.7 | 16 | 13.7 |
| Unemployment rate (%)(2) | |||
| External debt (USD billion)(3) | 39315.24 | 44201.34 | .. |
| Official exchange rate per USD (period average)(3) | 1891.333 | 2089.75 | 2147 |
Source : (1) IMF - World Economic Outlook Database,
(2) ILO - Key Indicators of the Labour Market, (3) World Bank - World Development Indicators
| GDP per activity sector | 2004 | 2005 | 2006 |
Source : World Bank - World Development Indicators
| Foreign Direct Investments | 2004 | 2005 | 2006 | World rank (*) 2006 |
| FDI inflows (USD million) | 1,483 | 2,583 | -543 | 124/141 |
Source : UNCTAD - World Investment Report
Note : (*) World Rank = UNCTAD Inward FDI Performance Index.
It is a measure of the extend to which a host country receives inward FDI relative to its economic size.
It is calculated as a ratio of the country's share in global FDI inflows to its share in global GDP.
| Indicators (USD billion) | 2004 | 2005 | 2006 |
| Imports of goods | 17.02 | 23.69 | 32.23 |
| Exports of goods | 39.67 | 55.47 | 65.21 |
| Trade balance | 22.65 | 31.78 | 32.98 |
| Current account | 15.52 | 25.53 | 27.17 |
Source : World Bank - World Development Indicators
| Indicators (%) | 2004 | 2005 | 2006 |
| Share of foreign trade in GDP | 52.6 | 57.1 | 52.9 |
| Share of imports of goods and services in GDP | 17.2 | 17.4 | 14.4 |
| Share of exports of goods and services in GDP | 35.4 | 39.7 | 38.5 |
| Imports of goods and services (annual % change) | 57.7 | 26.5 | 28.2 |
| Exports of goods and services (annual % change) | 11.8 | 5.2 | 8.5 |
Source : World Bank - World Development Indicators
| 2005 | Imports | Exports |
| Total Trade in Goods (USD billion): | 23.69 | 55.47 |
| Agricultural raw materials | 1.7 | 0.1 |
| Food products | 14.8 | 0.8 |
| Hydrocarbons | 1.3 | 84.6 |
| Manufactured products (chemicals, machines,...) | 80.2 | 11.6 |
| Ores and metals | 1.8 | 2.9 |
Source : World Bank - World Development Indicators
| 2005 | Imports | Exports |
| Total Trade in Services (USD billion): | 4.3 | 1 |
| Transport | 42.1 | 35.1 |
| Tourism | 25.2 | 47.3 |
Source : World Bank - World Development Indicators
| Trade Data, by HS Code | |
| Import Statistics | Export Statistics |
Source : www.intracen.org, last available data
| Main Customers (% of exports) |
|
| USA | 48,80% |
| Neth. Antilles | 6,10% |
| Main suppliers (% of imports) |
|
| USA | 24,20% |
| Brazil | 8,00% |
| Colombia | 7,90% |
| China | 5,40% |
Source : Comtrade, 2006.
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Last update : January 2008
Next update : October 2008