Foreign Reserves, Months Import Cover, Goods in Venezuela
Venezuela: Foreign Reserves, Months Import Cover, Goods was 0.1465 in 2013. ◆ Volatile
Foreign Reserves, Months Import Cover, Goods in Venezuela, 2000–2013
Source: World Bank staff calculations based on Datastream data.
Analysis
In 2013, foreign reserves, months import cover, goods in Venezuela stood at 0.1465. That is the lowest value across all 14 years on record.
The figure is down 23.9% on the previous year and down 92.7% over ten years.
Over the whole period, foreign reserves, months import cover, goods in Venezuela peaked at 2.01 in 2003 and was at its lowest, 0.1465, in 2013.
Venezuela ranks 98th of 116 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign Reserves, Months Import Cover, Goods in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.9311 | — |
| 2001 | 0.595 | -36.1% |
| 2002 | 0.7656 | +28.7% |
| 2003 | 2.01 | +162.3% |
| 2004 | 1.26 | -37.3% |
| 2005 | 1.12 | -10.7% |
| 2006 | 0.9912 | -11.9% |
| 2007 | 0.5884 | -40.6% |
| 2008 | 0.7185 | +22.1% |
| 2009 | 0.5654 | -21.3% |
| 2010 | 0.3976 | -29.7% |
| 2011 | 0.2306 | -42.0% |
| 2012 | 0.1925 | -16.5% |
| 2013 | 0.1465 | -23.9% |
Venezuela compared with similar countries
- Venezuela's 0.1465 is below the median for lower middle income countries, which is 0.4996, 29% of the median. (18 countries reporting)
- Venezuela's 0.1465 is below the median for Latin America & Caribbean, which is 0.5234, 28% of the median. (21 countries reporting)
Biggest year-on-year movements
Years where Foreign Reserves, Months Import Cover, Goods in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +162.3% | 0.7656 | 2.01 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9548 | 0.5654 | 2.01 | 10 |
| 2010s | 0.2418 | 0.1465 | 0.3976 | 4 |
Countries ranked near Venezuela
More reference data data for Venezuela
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 6.85 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.29 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2667 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.29 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.49 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.91 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 38.02 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 53.46 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.45 (2050)
Frequently asked questions
- What is foreign reserves, months import cover, goods in Venezuela?
- Foreign reserves, months import cover, goods in Venezuela was 0.1465 in 2013, according to World Bank staff calculations based on Datastream data.
- What is the highest foreign reserves, months import cover, goods recorded in Venezuela?
- The highest recorded value was 2.01 in 2003.
- What is the lowest foreign reserves, months import cover, goods recorded in Venezuela?
- The lowest recorded value was 0.1465 in 2013.
- How does Venezuela rank for foreign reserves, months import cover, goods?
- Venezuela ranks 98th out of 116 countries with data for 2013.
- Is foreign reserves, months import cover, goods rising or falling in Venezuela?
- Over the last ten years it is down 92.7%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from World Bank staff calculations based on Datastream data, published as part of Foreign Reserves, Months Import Cover, Goods. Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The stock of international reserves is expressed as the number of months of financing-coverage it represents for the given country's imports of merchandise goods.