Remittances, annual growth rate in Venezuela

Venezuela: Remittances, annual growth rate was 92.17 % change on previous year in 2016. ◆ Volatile

Latest (2016)
92.17 % change on previous year
Change on year
down 20.4%
World rank
4th
of 189 countries
All-time high
249.27 % change on previous year
in 1997
All-time low
-48.88 % change on previous year
in 2004
Years of data
30
1986–2016

Remittances, annual growth rate in Venezuela, 1986–2016

01002001986200120161986: 2.4 % change on previous year1987: 26 % change on previous year1988: -20.3 % change on previous year1989: 38.3 % change on previous year1990: -10.4 % change on previous year1991: 81.9 % change on previous year1992: -11.5 % change on previous year1993: 0.631 % change on previous year1994: 2.8 % change on previous year1995: -24.5 % change on previous year1996: 119.4 % change on previous year1997: 249.3 % change on previous year1998: -6 % change on previous year1999: -6.8 % change on previous year2000: -16.4 % change on previous year2001: 6.5 % change on previous year2002: 32.3 % change on previous year2004: -48.9 % change on previous year2005: -20 % change on previous year2006: -11.6 % change on previous year2007: -27.1 % change on previous year2008: -33.8 % change on previous year2009: -7.7 % change on previous year2010: -9.1 % change on previous year2011: 19.9 % change on previous year2012: -27.2 % change on previous year2013: 46.3 % change on previous year2014: 28.4 % change on previous year2015: 115.8 % change on previous year2016: 92.2 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Venezuela recorded 92.17 % change on previous year for remittances, annual growth rate in 2016.

The figure is down 20.4% on the previous year and up 895.8% over ten years.

Over the whole period, remittances, annual growth rate in Venezuela peaked at 249.27 % change on previous year in 1997 and was at its lowest, -48.88 % change on previous year, in 2004.

That places Venezuela 4th out of 189 countries with data for 2016, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Remittances, annual growth rate in Venezuela, year by year

Annual values for Remittances, annual growth rate in Venezuela, 1986 to 2016.
Year % change on previous year Change
1986 2.39 % change on previous year —
1987 26 % change on previous year +985.6%
1988 -20.25 % change on previous year -177.9%
1989 38.33 % change on previous year -289.3%
1990 -10.43 % change on previous year -127.2%
1991 81.87 % change on previous year -884.8%
1992 -11.53 % change on previous year -114.1%
1993 0.6314 % change on previous year -105.5%
1994 2.77 % change on previous year +338.9%
1995 -24.51 % change on previous year -984.6%
1996 119.41 % change on previous year -587.1%
1997 249.27 % change on previous year +108.8%
1998 -6.02 % change on previous year -102.4%
1999 -6.77 % change on previous year +12.5%
2000 -16.37 % change on previous year +141.6%
2001 6.52 % change on previous year -139.9%
2002 32.31 % change on previous year +395.4%
2004 -48.88 % change on previous year -251.3%
2005 -20.02 % change on previous year -59.0%
2006 -11.58 % change on previous year -42.1%
2007 -27.11 % change on previous year +134.1%
2008 -33.85 % change on previous year +24.9%
2009 -7.69 % change on previous year -77.3%
2010 -9.14 % change on previous year +18.8%
2011 19.89 % change on previous year -317.8%
2012 -27.22 % change on previous year -236.8%
2013 46.28 % change on previous year -270.0%
2014 28.35 % change on previous year -38.7%
2015 115.75 % change on previous year +308.3%
2016 92.17 % change on previous year -20.4%

Venezuela compared with similar countries

  • Venezuela's 92.17 % change on previous year is above the median for lower middle income countries, which is -0.8794 % change on previous year. (47 countries reporting)
  • Venezuela's 92.17 % change on previous year is above the median for Latin America & Caribbean, which is -1.88 % change on previous year. (35 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 11.62 % change on previous year -20.25 % change on previous year 38.33 % change on previous year 4
1990s 39.47 % change on previous year -24.51 % change on previous year 249.27 % change on previous year 10
2000s -14.07 % change on previous year -48.88 % change on previous year 32.31 % change on previous year 9
2010s 38.01 % change on previous year -27.22 % change on previous year 115.75 % change on previous year 7

Countries ranked near Venezuela

  1. 1 Chad 179.43 % change on previous year compare
  2. 2 Congo 169.2 % change on previous year compare
  3. 3 Nauru 144.29 % change on previous year compare
  4. 5 Botswana 84.43 % change on previous year compare
  5. 6 Yemen 52.52 % change on previous year compare
  6. 7 Kiribati 51.59 % change on previous year compare

See the full ranking of 189 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is remittances, annual growth rate in Venezuela?
Remittances, annual growth rate in Venezuela was 92.17 % change on previous year in 2016, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in Venezuela?
The highest recorded value was 249.27 % change on previous year in 1997.
What is the lowest remittances, annual growth rate recorded in Venezuela?
The lowest recorded value was -48.88 % change on previous year in 2004.
How does Venezuela rank for remittances, annual growth rate?
Venezuela ranks 4th out of 189 countries with data for 2016.
Is remittances, annual growth rate rising or falling in Venezuela?
Over the last ten years it is up 895.8%. The long-run trend across the full record is volatile.
Where does this Venezuela data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

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Remittances, annual growth rate in Venezuela. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/venezuela-rb/

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How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.