Spending by a country’s residents while travelling abroad, per unit in Venezuela

Venezuela: Spending by a country’s residents while travelling abroad, per unit was 0.0259 current US$ per US$ of GDP in 2016. ▼ Falling

Latest (2016)
0.0259 current US$ per US$ of GDP
Change on year
down 0.3%
World rank
86th
of 194 countries
All-time high
0.0331 current US$ per US$ of GDP
in 1996
All-time low
0.0075 current US$ per US$ of GDP
in 2010
Years of data
22
1995–2016

Spending by a country’s residents while travelling abroad, per unit in Venezuela, 1995–2016

0.010.020.031995200520161995: 0.024 current US$ per US$ of GDP1996: 0.033 current US$ per US$ of GDP1997: 0.014 current US$ per US$ of GDP1998: 0.014 current US$ per US$ of GDP1999: 0.015 current US$ per US$ of GDP2000: 0.014 current US$ per US$ of GDP2001: 0.014 current US$ per US$ of GDP2002: 0.017 current US$ per US$ of GDP2003: 0.016 current US$ per US$ of GDP2004: 0.014 current US$ per US$ of GDP2005: 0.013 current US$ per US$ of GDP2006: 0.01 current US$ per US$ of GDP2007: 0.01 current US$ per US$ of GDP2008: 0.009 current US$ per US$ of GDP2009: 0.009 current US$ per US$ of GDP2010: 0.007 current US$ per US$ of GDP2011: 0.013 current US$ per US$ of GDP2012: 0.012 current US$ per US$ of GDP2013: 0.021 current US$ per US$ of GDP2014: 0.019 current US$ per US$ of GDP2015: 0.026 current US$ per US$ of GDP2016: 0.026 current US$ per US$ of GDP

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

The most recent figure for spending by a country’s residents while travelling abroad, per unit in Venezuela is 0.0259 current US$ per US$ of GDP, measured in 2016.

Compared with earlier readings it is down 0.3% on the previous year and up 162.5% over ten years.

Over the whole period, spending by a country’s residents while travelling abroad, per unit in Venezuela peaked at 0.0331 current US$ per US$ of GDP in 1996 and was at its lowest, 0.0075 current US$ per US$ of GDP, in 2010.

That places Venezuela 86th out of 194 countries with data for 2016, putting it in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Spending by a country’s residents while travelling abroad, per unit in Venezuela, year by year

Annual values for Spending by a country’s residents while travelling abroad, per unit of GDP in Venezuela, 1995 to 2016.
Year current US$ per US$ of GDP Change
1995 0.0239 current US$ per US$ of GDP —
1996 0.0331 current US$ per US$ of GDP +38.4%
1997 0.0136 current US$ per US$ of GDP -58.9%
1998 0.0144 current US$ per US$ of GDP +6.1%
1999 0.0151 current US$ per US$ of GDP +4.8%
2000 0.0141 current US$ per US$ of GDP -7.1%
2001 0.014 current US$ per US$ of GDP -0.6%
2002 0.0166 current US$ per US$ of GDP +19.1%
2003 0.0157 current US$ per US$ of GDP -5.8%
2004 0.0143 current US$ per US$ of GDP -9.0%
2005 0.0127 current US$ per US$ of GDP -11.2%
2006 0.0098 current US$ per US$ of GDP -22.2%
2007 0.0099 current US$ per US$ of GDP +1.0%
2008 0.0087 current US$ per US$ of GDP -12.7%
2009 0.0092 current US$ per US$ of GDP +5.4%
2010 0.0075 current US$ per US$ of GDP -18.2%
2011 0.0126 current US$ per US$ of GDP +68.5%
2012 0.0123 current US$ per US$ of GDP -2.1%
2013 0.021 current US$ per US$ of GDP +69.7%
2014 0.0192 current US$ per US$ of GDP -8.5%
2015 0.0259 current US$ per US$ of GDP +35.3%
2016 0.0259 current US$ per US$ of GDP -0.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.02 current US$ per US$ of GDP 0.0136 current US$ per US$ of GDP 0.0331 current US$ per US$ of GDP 5
2000s 0.0125 current US$ per US$ of GDP 0.0087 current US$ per US$ of GDP 0.0166 current US$ per US$ of GDP 10
2010s 0.0178 current US$ per US$ of GDP 0.0075 current US$ per US$ of GDP 0.0259 current US$ per US$ of GDP 7

Countries ranked near Venezuela

  1. 83 Portugal 0.0271 current US$ per US$ of GDP compare
  2. 84 Belize 0.0267 current US$ per US$ of GDP compare
  3. 85 Rwanda 0.0262 current US$ per US$ of GDP compare
  4. 87 North Macedonia 0.0258 current US$ per US$ of GDP compare
  5. 88 Czechia 0.0257 current US$ per US$ of GDP compare
  6. 89 Germany 0.0257 current US$ per US$ of GDP compare

See the full ranking of 194 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is spending by a country’s residents while travelling abroad, per unit in Venezuela?
Spending by a country’s residents while travelling abroad, per unit in Venezuela was 0.0259 current US$ per US$ of GDP in 2016, according to Statizoid (derived).
What is the highest spending by a country’s residents while travelling abroad, per unit recorded in Venezuela?
The highest recorded value was 0.0331 current US$ per US$ of GDP in 1996.
What is the lowest spending by a country’s residents while travelling abroad, per unit recorded in Venezuela?
The lowest recorded value was 0.0075 current US$ per US$ of GDP in 2010.
How does Venezuela rank for spending by a country’s residents while travelling abroad, per unit?
Venezuela ranks 86th out of 194 countries with data for 2016.
Is spending by a country’s residents while travelling abroad, per unit rising or falling in Venezuela?
Over the last ten years it is up 162.5%. The long-run trend across the full record is falling.
Where does this Venezuela data come from?
The figures come from Statizoid (derived), published as part of Spending by a country’s residents while travelling abroad, per unit of GDP. Statizoid updates them automatically from the source API.

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Spending by a country’s residents while travelling abroad, per unit in Venezuela. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/spending-by-a-country-s-residents-while-travelling-abroad-per-unit-of-gdp/venezuela-rb/

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How this figure is calculated

Spending by a country’s residents while travelling abroad divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Spending by a country’s residents while travelling abroad ÷ GDP (current US$)

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
Spending by a country’s residents while travelling abroad, per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 4,539 data points, 1995–2024
Last refreshed

Spending by a country’s residents while travelling abroad divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.