Remittances in Venezuela
Venezuela: Remittances was 0.247 in 2016. ◆ Volatile
Remittances in Venezuela, 1985–2016
Source: Our World in Data.
Analysis
The most recent figure for remittances in Venezuela is 0.247, measured in 2016.
That represents a change of up 92.2% on the previous year and up 174.7% over ten years.
Over the whole period, remittances in Venezuela peaked at 0.2487 in 2003 and was at its lowest, 0.0016, in 1985.
That places Venezuela 161st out of 194 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1985 | 0.0016 | — |
| 1986 | 0.0017 | +2.4% |
| 1987 | 0.0021 | +26.0% |
| 1988 | 0.0017 | -20.3% |
| 1989 | 0.0023 | +38.3% |
| 1990 | 0.0021 | -10.4% |
| 1991 | 0.0037 | +81.9% |
| 1992 | 0.0033 | -11.5% |
| 1993 | 0.0033 | +0.6% |
| 1994 | 0.0034 | +2.8% |
| 1995 | 0.0026 | -24.5% |
| 1996 | 0.0057 | +119.4% |
| 1997 | 0.0198 | +249.3% |
| 1998 | 0.0186 | -6.0% |
| 1999 | 0.0174 | -6.8% |
| 2000 | 0.0145 | -16.4% |
| 2001 | 0.0155 | +6.5% |
| 2002 | 0.0205 | +32.3% |
| 2003 | 0.2487 | +1116.1% |
| 2004 | 0.1272 | -48.9% |
| 2005 | 0.1017 | -20.0% |
| 2006 | 0.0899 | -11.6% |
| 2007 | 0.0655 | -27.1% |
| 2008 | 0.0434 | -33.8% |
| 2009 | 0.04 | -7.7% |
| 2010 | 0.0364 | -9.1% |
| 2011 | 0.0436 | +19.9% |
| 2012 | 0.0317 | -27.2% |
| 2013 | 0.0464 | +46.3% |
| 2014 | 0.0596 | +28.4% |
| 2015 | 0.1285 | +115.8% |
| 2016 | 0.247 | +92.2% |
Venezuela compared with similar countries
- Venezuela's 0.247 is below the median for lower middle income countries, which is 6.01, 4% of the median. (47 countries reporting)
- Venezuela's 0.247 is below the median for Latin America & Caribbean, which is 2.87, 9% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Remittances 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 | +1116.1% | 0.0205 | 0.2487 |
| 1997 | +249.3% | 0.0057 | 0.0198 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0019 | 0.0016 | 0.0023 | 5 |
| 1990s | 0.008 | 0.0021 | 0.0198 | 10 |
| 2000s | 0.0767 | 0.0145 | 0.2487 | 10 |
| 2010s | 0.0848 | 0.0317 | 0.247 | 7 |
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 remittances in Venezuela?
- Remittances in Venezuela was 0.247 in 2016, according to Our World in Data.
- What is the highest remittances recorded in Venezuela?
- The highest recorded value was 0.2487 in 2003.
- What is the lowest remittances recorded in Venezuela?
- The lowest recorded value was 0.0016 in 1985.
- How does Venezuela rank for remittances?
- Venezuela ranks 161st out of 194 countries with data for 2016.
- Is remittances rising or falling in Venezuela?
- Over the last ten years it is up 174.7%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (Our World in Data).