Economic Indicators for Venezuela


LastPreviousHighestLowestUnit
Current account balance1.021.2422.07-14.59Percentage of GDP
Domestic credit provided by financial sector39.5129.7639.518.13Percentage of GDP
Consumer price Index2,740.27772.022,740.2761.39
Inflation ( exchange rates & prices )254.95121.74254.9521.07Percentage (%)
Lending interest rate21.0620.7859.908.47%
Interest rates-16.54-14.4723.10-35.31Percentage (%)
Time required to start a business230.00230.00230.00141.00Days
Time required to build a warehouse434.00434.00434.00381.00Days
Armed forces Personnel343,000.00343,000.00343,000.0049,000.00Total
Exports of goods and services16.6924.7642.9416.69Percentage (% of GDP)
Imports of goods and services31.4029.5137.2613.03Percentage (% of GDP)
GDP48237148226USD Billions
GDP Growth-3.891.3418.29-8.86Percentage (%)
Hospital beds0.990.932.700.33Per 1,000 people
Physicians1.661.931.940.83Per 1,000 people
Labor force11,423,247.0011,052,464.0013,569,412.008,131,319.00Total
Unemployment with advanced education5.765.7410.545.74Percentage (%)
Fertility rate2.192.214.792.19Total
Population29293113Thousands