Venezuela: Foreign exchange reserves
* indicates monthly or quarterly data series
The most recent value is 10.87 billion U.S. Dollar as of September 2024, an increase compared to the previous value of 10.77 billion U.S. Dollar. Historically, the average for Venezuela from January 1960 to September 2024 is 11.45 billion U.S. Dollar. The minimum of 0.4 billion U.S. Dollar was recorded in November 1960, while the maximum of 42.3 billion U.S. Dollar was reached in December 2008.
Click on the following link to see the values of: Foreign exchange reserves around the world.
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* indicates monthly or quarterly data series
- Measure: billion U.S. Dollar
- Source: Central Bank of Venezuela
Recent values | Venezuela: Foreign exchange reserves, billion currency units |
---|---|
2024  Sep | 10.87 |
2024  Aug | 10.77 |
2024  Jul | 10.54 |
2024  Jun | 10.31 |
2024  May | 10.13 |
2024  Apr | 10.01 |
2024  Mar | 9.8 |
2024  Feb | 9.79 |
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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Terms of trade | 101.49 | 2021 | percent |
Trade openness | 48.09 | 2014 | percent |
Financial openness | -1.931 | 2021 | index points |
Exports, percent of GDP | 16.69 | 2014 | percent |
Exports, billion dollars | 80.52 | 2014 | billion U.S. dollars |
Growth of exports | -4.66 | 2014 | percent |
Imports, percent of GDP | 31.40 | 2014 | percent |
Imports, billion dollars | 151.45 | 2014 | billion U.S. dollars |
Foreign Direct Investment, percent of GDP | 0.24 | 2014 | percent |
Foreign Direct Investment, billion dollars | 0.94 | 2022 | billion U.S. dollars |
Portfolio investment inflows, equities | 5.00 | 2015 | million dollars (current) |
Current account, percent of GDP | 8.44 | 2018 | percent |
Current account, in dollars | -3.87 | 2016 | billion U.S. dollars |
Trade balance, percent of GDP | -14.70 | 2014 | percent |
Trade balance, in dollars | 2.87 | 2016 | billion U.S. dollars |
Reserves | 9.79 | 2017 | billion U.S. dollars |
Remittances, percent of GDP | 0.03 | 2014 | percent |
Remittances | 279.00 | 2016 | million U.S. dollars |
Net errors and omissions | -2,794.00 | 2016 | million USD |
External debt | 33.74 | 2014 | percent |
Short-term external debt | 30.42 | 2021 | percent |
Short-term debt to reserves | 451.25 | 2017 | percent |
Foreign exchange reserves | 10.87 | 9/2024 | billion |