The Personal Income Tax Rate in Venezuela stands at 34 percent. In Venezuela, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Venezuela. This page provides - Venezuela Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Venezuela was worth 280 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Venezuela represents 0.23 percent of the world economy. GDP in Venezuela averaged 100.20 USD Billion from 1960 until 2019, reaching an all time high of 482.36 USD Billion in 2014 and a record low of 7.78 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Venezuela GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Venezuela was estimated at 32.2 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Venezuela had a population of 7.6 million people. The population of Venezuela represents 0.42 percent of the world´s total population which arguably means that one person in every 238 people on the planet is a resident of Venezuela. This page provides - Venezuela Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Venezuela decreased to 0 USD Million in December from 246 USD Million in November of 2019. External Debt in Venezuela averaged 247.53 USD Million from 1996 until 2019, reaching an all time high of 2189 USD Million in September of 2013 and a record low of 0 USD Million in June of 2007. In Venezuela, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Venezuela External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Venezuela was last recorded at 23.15 percent. Interest Rate in Venezuela averaged 23.70 percent from 1998 until 2020, reaching an all time high of 83.73 percent in February of 2002 and a record low of 12.79 percent in April of 2006. The Central Bank of Venezuela (Banco Central de Venezuela, BCV) is not responsible for setting interest rates. This page provides the latest reported value for - Venezuela Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Crude Oil Production in Venezuela decreased to 718 BBL/D/1K in March from 865 BBL/D/1K in February of 2020. Crude Oil Production in Venezuela averaged 2361.42 BBL/D/1K from 1973 until 2020, reaching an all time high of 3453 BBL/D/1K in December of 1997 and a record low of 594 BBL/D/1K in January of 2003. This page provides the latest reported value for - Venezuela Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Confidence in Venezuela decreased to 74 points in the first quarter of 2020 from 75 points in the fourth quarter of 2019. Consumer Confidence in Venezuela averaged 70.53 points from 2011 until 2020, reaching an all time high of 89 points in the first quarter of 2012 and a record low of 57 points in the third quarter of 2016. In Venezuela, the Consumer Confidence Index is part of The Nielsen Global Survey of Consumer Confidence and Spending Intentions. The survey is conducted every quarter by the Internet and measures the level of optimism that consumers have about job prospects, personal finances and spending intentions. Twice a year, the survey also includes questions regarding consumer habits and opinions on a number of other issues, ranging from climate change to online shopping and food safety. The index levels above 100 indicate optimism and below 100 indicate pessimism. This page provides - Venezuela Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Steel Production in Venezuela remained unchanged at 2 Thousand Tonnes in March from 2 Thousand Tonnes in February of 2020. Steel Production in Venezuela averaged 249.47 Thousand Tonnes from 1980 until 2020, reaching an all time high of 479 Thousand Tonnes in March of 2007 and a record low of 0 Thousand Tonnes in January of 2020. This page has Steel Production values for Venezuela.

Banks Balance Sheet in Venezuela increased to 431149466.36 VEF Million in February from 415860966.66 VEF Million in January of 2020. Banks Balance Sheet in Venezuela averaged 8132648.28 VEF Million from 1999 until 2020, reaching an all time high of 431149466.36 VEF Million in February of 2020 and a record low of 0.01 VEF Million in August of 1999. This page provides - Venezuela Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Venezuela increased to 19918538930 points in March of 2020 from 16868538486 points in February of 2020. CPI Transportation in Venezuela averaged 561689278.25 points from 2008 until 2020, reaching an all time high of 19918538930 points in March of 2020 and a record low of 103.40 points in January of 2008. This page provides - Venezuela Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Venezuela was recorded at 39113.80 percent in September of 2019. Inflation Rate in Venezuela averaged 3742.55 percent from 1973 until 2019, reaching an all time high of 344509.50 percent in February of 2019 and a record low of 3.22 percent in February of 1973. In Venezuela, the main components of the consumer price index are: Food and Noon-Alcoholic Beverages (32.2 percent of the total weight); Transports (10.8 percent) and House Rental (9.8 percent). Restaurants and Hotels account for 8.8 percent; Clothing and Footwear for 7.2 percent; Miscellaneous Goods and Services for 5.8 percent and Household Equipment for 5.6 percent. Others include: Health Care (4.3 percent); Communications (3.8 percent); Leisure and Culture (3.6 percent); Alcoholic Beverages and Tobacco (3 percent); Education (2.7 percent) and Household Services (2.3 percent). The national index has a base of 100 as of December 2007. The CPI covers 10 metropolitan areas, plus 74 other localities in the rest of the country. This page provides - Venezuela Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Venezuela increased 13.30 percent in March of 2020 over the previous month. Inflation Rate Mom in Venezuela averaged 16.69 percent from 2008 until 2020, reaching an all time high of 196.60 percent in January of 2019 and a record low of 0.80 percent in April of 2012. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Venezuela Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Private Sector Credit in Venezuela increased to 13141315 VEF Million in February from 11498918.70 VEF Million in January of 2020. Private Sector Credit in Venezuela averaged 689339.48 VEF Million from 1999 until 2020, reaching an all time high of 43691030.53 VEF Million in December of 2018 and a record low of 5.83 VEF Million in July of 1999. This page provides - Venezuela Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Venezuela recorded a Government Budget deficit equal to 29.90 percent of the country's Gross Domestic Product in 2019. Government Budget in Venezuela averaged -5.79 percent of GDP from 1990 until 2019, reaching an all time high of 3.79 percent of GDP in 1991 and a record low of -29.90 percent of GDP in 2018. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Venezuela Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Venezuela recorded a Current Account surplus of 9.80 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Venezuela averaged 4.59 percent from 1980 until 2019, reaching an all time high of 17.70 percent in 2005 and a record low of -9.20 percent in 1988. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Venezuela Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gasoline Prices in Venezuela remained unchanged at 0.01 USD/100Liters in April from 0.01 USD/100Liters in March of 2020. This page provides the latest reported value for - Venezuela Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M2 in Venezuela increased to 74118876.88 VEF Million in March from 59073468.46 VEF Million in February of 2020. Money Supply M2 in Venezuela averaged 652521.66 VEF Million from 1976 until 2020, reaching an all time high of 74118876.88 VEF Million in March of 2020 and a record low of 0 VEF Million in February of 1976. Venezuela Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Venezuela Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Venezuela increased to 74118876.88 VEF Million in March from 59073468.46 VEF Million in February of 2020. Money Supply M3 in Venezuela averaged 652521.66 VEF Million from 1976 until 2020, reaching an all time high of 74118876.88 VEF Million in March of 2020 and a record low of 0 VEF Million in February of 1976. Venezuela Money Supply M3 includes M2 plus long-term time deposits in banks. This page provides - Venezuela Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Venezuela increased to 54398921.69 VEF Million in March from 45265733.59 VEF Million in February of 2020. Money Supply M0 in Venezuela averaged 817338.29 VEF Million from 1993 until 2020, reaching an all time high of 54398921.69 VEF Million in March of 2020 and a record low of 0 VEF Million in February of 1993. Venezuela Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - Venezuela Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Venezuela increased to 73964994.14 VEF Million in March from 58935301.13 VEF Million in February of 2020. Money Supply M1 in Venezuela averaged 455238.37 VEF Million from 1957 until 2020, reaching an all time high of 73964994.14 VEF Million in March of 2020 and a record low of 0 VEF Million in February of 1957. This page provides - Venezuela Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Rigs in Venezuela decreased to 12 in April from 23 in March of 2020. Crude Oil Rigs in Venezuela averaged 62.50 from 1995 until 2020, reaching an all time high of 119 in May of 1997 and a record low of 12 in January of 2003. This page provides - Venezuela Crude Oil Rigs- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Venezuela increased to 36672660863.30 points in March from 32673723806.60 points in February of 2020. Consumer Price Index CPI in Venezuela averaged 300105777.98 points from 1975 until 2020, reaching an all time high of 36672660863.30 points in March of 2020 and a record low of 0.10 points in April of 1975. The Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services in Caracas area. This page provides - Venezuela Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Venezuela decreased to 6432 USD Million in April from 7018 USD Million in March of 2020. Foreign Exchange Reserves in Venezuela averaged 12338.79 USD Million from 1962 until 2020, reaching an all time high of 43127 USD Million in December of 2008 and a record low of 514.50 USD Million in September of 1962. In Venezuela, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Venezuela Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Venezuela stands at SD with n/a outlook. Moody's credit rating for Venezuela was last set at WR with n/a outlook. Fitch's credit rating for Venezuela was last reported at RD with n/a outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Venezuela thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Venezuela as reported by major credit rating agencies.

90 day Deposit Rate in Venezuela was at 24 percent on Friday May 8. Deposit Interest Rate in Venezuela averaged 16.71 percent from 1997 until 2020, reaching an all time high of 65.93 percent in August of 1998 and a record low of 6.71 percent in May of 2003. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Venezuela.

Venezuela recorded 388 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Venezuela reported 10 Coronavirus Deaths. This page includes a chart with historical data for Venezuela Coronavirus Cases.

Venezuela recorded 10 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Venezuela reported 388 Coronavirus Cases. This page includes a chart with historical data for Venezuela Coronavirus Deaths.

Venezuela recorded 190 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Venezuela reported 10 Coronavirus Deaths. This page includes a chart with historical data for Venezuela Coronavirus Recovered.

Exports of Furniture & Related Products in China increased to 3906200 USD THO in April from 3491100 USD THO in March of 2020. Exports of Furniture & Related Products in China averaged 2205106.02 USD THO from 1996 until 2020, reaching an all time high of 6348500 USD THO in February of 2020 and a record low of 81294 USD THO in February of 1996. This page includes a chart with historical data for China Exports of Furniture & Related Products.

Exports - Textile Yarn, Fabrics And Related Products in China increased to 14620700 USD THO in April from 8922300 USD THO in March of 2020. Exports - Textile Yarn, Fabrics And Related Produc in China averaged 7822278.80 USD THO from 2006 until 2020, reaching an all time high of 14620700 USD THO in April of 2020 and a record low of 8051 USD THO in May of 2014. This page includes a chart with historical data for China Exports of Textile Yarn, Fabrics And Related Prod.

Imports - Textile Yarn, Fabrics & Related Products in China decreased to 1138600 USD THO in April from 1511900 USD THO in March of 2020. Imports - Textile Yarn, Fabrics & Related Products in China averaged 1495153.37 USD THO from 2014 until 2020, reaching an all time high of 2462600 USD THO in February of 2020 and a record low of 890500 USD THO in February of 2018. This page includes a chart with historical data for China Imports of Textile Yarn, Fabrics & Related Produc.

Imports of Jewellery & Related Articles in Italy increased to 218.19 EUR Million in January from 203.19 EUR Million in December of 2019. Imports of Jewellery & Related Articles in Italy averaged 117.50 EUR Million from 1991 until 2020, reaching an all time high of 512.08 EUR Million in May of 2018 and a record low of 11.50 EUR Million in August of 1992. This page includes a chart with historical data for Italy Imports of Jewellery & Related Articles.

Imports: Forestry, Logging & Related Service Activities in Italy increased to 18.58 EUR Million in January from 18.09 EUR Million in December of 2019. Imports: Forestry, Logging & Related Service Activ in Italy averaged 52.03 EUR Million from 1991 until 2020, reaching an all time high of 4822.67 EUR Million in June of 2013 and a record low of 14.20 EUR Million in August of 1992. This page includes a chart with historical data for Italy Imports of Forestry, Logging & Related Service Ac.

Imports: Agriculture, Hunting & Related Service Activities in Italy increased to 1219.77 EUR Million in January from 1082.82 EUR Million in December of 2019. Imports: Agriculture, Hunting & Related Service Ac in Italy averaged 756.63 EUR Million from 1991 until 2020, reaching an all time high of 1278.95 EUR Million in October of 2019 and a record low of 282.30 EUR Million in August of 1992. This page includes a chart with historical data for Italy Imports of Agriculture, Hunting & Related Service.

Imports of Total Energy-related Petroluem Products in the United States decreased to 10111078 USD THO in March from 11916459 USD THO in February of 2020. Imports of Total Energy-related Petroluem Products in the United States averaged 21280816.90 USD THO from 2002 until 2020, reaching an all time high of 52397754 USD THO in July of 2008 and a record low of 5320599 USD THO in February of 2002. This page includes a chart with historical data for the United States Imports of Total Energy-related Petroluem Products.

Imports - Textile Supplies & Related Materials (Census Basis) in the United States decreased to 1091.78 USD Million in March from 1099.51 USD Million in February of 2020. Imports - Textile Supplies & Related Materials (Ce in the United States averaged 927.70 USD Million from 1989 until 2020, reaching an all time high of 1411.15 USD Million in December of 2018 and a record low of 442.38 USD Million in September of 1989. This page includes a chart with historical data for the United States Imports of Textile Supplies & Related Materials.

Imports of Wine & Related Products in the United States decreased to 938.78 USD Million in March from 1059.61 USD Million in February of 2020. Imports of Wine & Related Products in the United States averaged 525.22 USD Million from 1989 until 2020, reaching an all time high of 1194 USD Million in January of 2020 and a record low of 135.01 USD Million in October of 1992. This page includes a chart with historical data for the United States Imports of Wine & Related Products.

Central Bank Balance Sheet in Venezuela decreased to 3358111.28 VES Thousand in February from 3388742.29 VES Thousand in January of 2020. Central Bank Balance Sheet in Venezuela averaged 94283.98 VES Thousand from 2006 until 2020, reaching an all time high of 3388742.29 VES Thousand in January of 2020 and a record low of 0 VES Thousand in July of 2006. This page provides - Venezuela Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Central Bank Balance Sheet in Iceland increased to 966671 ISK Million in March from 853520 ISK Million in February of 2020. Central Bank Balance Sheet in Iceland averaged 538959.14 ISK Million from 1994 until 2020, reaching an all time high of 1638738 ISK Million in February of 2012 and a record low of 57829 ISK Million in January of 1994. This page provides - Iceland Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Central Bank Balance Sheet in Ireland increased to 123808 EUR Million in March from 120335 EUR Million in February of 2020. Central Bank Balance Sheet in Ireland averaged 49146.16 EUR Million from 1985 until 2020, reaching an all time high of 208431 EUR Million in February of 2011 and a record low of 3704.30 EUR Million in January of 1986. This page provides the latest reported value for - Ireland Central Bank Balance Sheet - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The stocks of goods held by firms in Venezuela decreased by 543 VEF Million in the first quarter of 2019. Changes in Inventories in Venezuela averaged 569.89 VEF Million from 1998 until 2019, reaching an all time high of 2399 VEF Million in the third quarter of 2012 and a record low of -1404 VEF Million in the fourth quarter of 2017. In Venezuela, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Venezuela Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Iceland decreased by 5984 ISK Million in the fourth quarter of 2019. Changes in Inventories in Iceland averaged 312.26 ISK Million from 1997 until 2019, reaching an all time high of 19361 ISK Million in the first quarter of 2012 and a record low of -11152 ISK Million in the second quarter of 2012. In Iceland, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Iceland Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Ireland increased by 791 EUR Million in the fourth quarter of 2019. Changes in Inventories in Ireland averaged 326.93 EUR Million from 1995 until 2019, reaching an all time high of 3604 EUR Million in the third quarter of 2017 and a record low of -1209 EUR Million in the fourth quarter of 2018. In Ireland, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides the latest reported value for - Ireland Changes in Inventories - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The stocks of goods held by firms in Belarus increased by 485.40 BYN Million in the fourth quarter of 2019. Changes in Inventories in Belarus averaged 289.88 BYN Million from 2014 until 2019, reaching an all time high of 1373.50 BYN Million in the third quarter of 2019 and a record low of -284.90 BYN Million in the second quarter of 2015. In Belarus, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Belarus Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in Venezuela increased to 33.18 percent in March from 29.20 percent in February of 2020. Interbank Rate in Venezuela averaged 25.57 percent from 1982 until 2020, reaching an all time high of 72.23 percent in September of 1998 and a record low of 12.48 percent in September of 1987. In Venezuela, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - Venezuela Commercial Bank Loan Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in Ireland increased to -0.27 percent in April from -0.36 percent in March of 2020. Interbank Rate in Ireland averaged 4.80 percent from 1984 until 2020, reaching an all time high of 22.50 percent in November of 1992 and a record low of -0.43 percent in August of 2019. In Ireland, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - Ireland Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iceland Three Month Interbank Rate was at 2.18 percent on Friday May 8. Interbank Rate in Iceland averaged 7.89 percent from 1998 until 2020, reaching an all time high of 18.47 percent in October of 2008 and a record low of 2.18 percent in March of 2020. In Iceland, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - Iceland Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Belarus increased 3.60 percent in March of 2020 over the same month in the previous year. Food Inflation in Belarus averaged 9.54 percent from 2014 until 2020, reaching an all time high of 22.90 percent in September of 2014 and a record low of 2.30 percent in June of 2018. This page provides the latest reported value for - Belarus Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cost of food in Venezuela increased 1972 percent in March of 2020 over the same month in the previous year. Food Inflation in Venezuela averaged 16354.72 percent from 2009 until 2020, reaching an all time high of 371545.60 percent in February of 2019 and a record low of 17.89 percent in August of 2012. This page provides - Venezuela Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate In the Euro Area was last recorded at 0 percent. Interest Rate in the Euro Area averaged 1.86 percent from 1998 until 2020, reaching an all time high of 4.75 percent in October of 2000 and a record low of 0 percent in March of 2016. This page provides - Ireland Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.