Venezuela: Growth of exports

The latest value from 2014 is -4.66 percent, an increase from -6.17 percent in 2013. In comparison, the world average is 4.41 percent, based on data from 157 countries. Historically, the average for Venezuela from 1974 to 2014 is 1.59 percent. The minimum value, -20.13 percent, was reached in 1975 while the maximum of 105.07 percent was recorded in 1974. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.