Government Revenues in Albania increased to 103979 ALL Million in March from 71236 ALL Million in February of 2020. Government Revenues in Albania averaged 138806.73 ALL Million from 1997 until 2020, reaching an all time high of 460349 ALL Million in December of 2019 and a record low of 4096 ALL Million in January of 1997. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Albania Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Albania recorded a government budget deficit of 2207 ALL Million in March of 2020. Government Budget Value in Albania averaged -14521.07 ALL Million from 1997 until 2020, reaching an all time high of 18434 ALL Million in March of 2016 and a record low of -80883 ALL Million in August of 2009. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Albania Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Cape Verde increased to 19586 CVE Millions in the fourth quarter of 2019 from 12708.60 CVE Millions in the third quarter of 2019. Government Revenues in Cape Verde averaged 9812.31 CVE Millions from 2004 until 2019, reaching an all time high of 19586 CVE Millions in the fourth quarter of 2019 and a record low of 3861.83 CVE Millions in the first quarter of 2004. This page provides - Cape Verde Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Puerto Rico decreased 0 percent in October of 2019 over the same month in the previous year. Retail Sales YoY in Puerto Rico averaged 1.48 percent from 2006 until 2019, reaching an all time high of 43.10 percent in September of 2018 and a record low of -22.40 percent in October of 2017. In Puerto Rico, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Puerto Rico, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides the latest reported value for - Puerto Rico Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retail Sales in Mozambique increased 4.40 percent in January of 2020 over the same month in the previous year. Retail Sales Yoy in Mozambique averaged 6.57 percent from 2013 until 2020, reaching an all time high of 58.70 percent in November of 2018 and a record low of -23.90 percent in November of 2019. This page provides - Mozambique Retail Sales YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Micronesia stands at 3 percent. This page provides - Micronesia Corporate Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Nigeria decreased to 938.72 NGN Billion in the fourth quarter of 2019 from 1738.81 NGN Billion in the third quarter of 2019. Government Revenues in Nigeria averaged 872.76 NGN Billion from 2010 until 2019, reaching an all time high of 1738.81 NGN Billion in the third quarter of 2019 and a record low of 498.54 NGN Billion in the second quarter of 2015. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Nigeria Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria recorded a government budget deficit of 1135.74 NGN Billion in the fourth quarter of 2019. Government Budget Value in Nigeria averaged -496.80 NGN Billion from 2010 until 2019, reaching an all time high of 38.36 NGN Billion in the third quarter of 2010 and a record low of -1664.20 NGN Billion in the third quarter of 2017. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Nigeria Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in East Timor decreased to 39262 USD Thousand in the third quarter of 2019 from 48353 USD Thousand in the second quarter of 2019. Government Revenues in East Timor averaged 114043.22 USD Thousand from 2007 until 2019, reaching an all time high of 583425 USD Thousand in the fourth quarter of 2011 and a record low of 4368 USD Thousand in the second quarter of 2007. This page provides - East Timor Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

East Timor recorded a government budget deficit of 192396 USD Thousand in the third quarter of 2019. Government Budget Value in East Timor averaged -306987.02 USD Thousand from 2007 until 2019, reaching an all time high of 169589 USD Thousand in the second quarter of 2008 and a record low of -1410245 USD Thousand in the fourth quarter of 2016. This page provides - East Timor Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourism Revenues in Sri Lanka decreased to 135 USD Million in March from 391 USD Million in February of 2020. Tourism Revenues in Sri Lanka averaged 192.84 USD Million from 2009 until 2020, reaching an all time high of 475.20 USD Million in December of 2018 and a record low of 19.30 USD Million in May of 2009. This page provides - Sri Lanka Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Sri Lanka decreased to 1898808 LKR Million in 2019 from 1932459 LKR Million in 2018. Government Revenues in Sri Lanka averaged 500316.30 LKR Million from 1980 until 2019, reaching an all time high of 1932459 LKR Million in 2018 and a record low of 15642 LKR Million in 1980. This page provides - Sri Lanka Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Sri Lanka recorded a government budget deficit of 1016483 LKR Million in 2019. Government Budget Value in Sri Lanka averaged -230990.98 LKR Million from 1980 until 2019, reaching an all time high of -10483 LKR Million in 1984 and a record low of -1016483 LKR Million in 2019. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Sri Lanka Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Azerbaijan increased to 7810.90 AZN Million in March from 3613.20 AZN Million in February of 2020. Government Revenues in Azerbaijan averaged 8464.96 AZN Million from 2008 until 2020, reaching an all time high of 24199.60 AZN Million in December of 2019 and a record low of 973 AZN Million in January of 2010. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Azerbaijan Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Azerbaijan recorded a government budget surplus of 2556.10 AZN Million in March of 2020. Government Budget Value in Azerbaijan averaged 418.40 AZN Million from 2005 until 2020, reaching an all time high of 2556.10 AZN Million in March of 2020 and a record low of -1186 AZN Million in July of 2016. Azerbaijan Government Budget is the cumulative value. This page provides - Azerbaijan Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourism Revenues in Mauritius increased to 5434 MUR Million in October from 4362 MUR Million in September of 2019. Tourism Revenues in Mauritius averaged 9205.02 MUR Million from 1995 until 2019, reaching an all time high of 44378 MUR Million in December of 2012 and a record low of 3055 MUR Million in September of 2014. In Mauritius, tourism revenues refer to monthly tourism earnings. From 1995 to 2013 yearly data is reported. From 2014 to date, monthly data is reported. This page provides - Mauritius Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mauritius recorded a government budget deficit of 6060 MUR Million in March of 2020. Government Budget Value in Mauritius averaged -419.68 MUR Million from 2008 until 2020, reaching an all time high of 3156.50 MUR Million in September of 2008 and a record low of -6060 MUR Million in March of 2020. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Mauritius Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Mauritius decreased to 3334.40 MUR Million in March from 7316.50 MUR Million in February of 2020. Government Revenues in Mauritius averaged 6907.32 MUR Million from 2008 until 2020, reaching an all time high of 14748.10 MUR Million in June of 2019 and a record low of 3176.20 MUR Million in February of 2009. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Mauritius Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports of Crude Materials, Inedible Except Fuels in Australia decreased to 235 AUD Million in March from 290 AUD Million in February of 2020. Imports of Crude Materials, Inedible Except Fuels in Australia averaged 181.37 AUD Million from 1988 until 2020, reaching an all time high of 463 AUD Million in January of 2018 and a record low of 82 AUD Million in December of 1990. This page includes a chart with historical data for Australia Imports of Crude Materials, Inedible Except Fuels.

Imports of Coal, Coke & Briquettes in Australia remained unchanged at 16 AUD Million in March from 16 AUD Million in February of 2020. Imports of Coal, Coke & Briquettes in Australia averaged 3.27 AUD Million from 1988 until 2020, reaching an all time high of 32 AUD Million in March of 2017 and a record low of 0 AUD Million in February of 1988. This page includes a chart with historical data for Australia Imports of Coal, Coke & Briquettes.

Imports from Venezuela in Australia decreased to 165.50 AUD THO in March from 227.70 AUD THO in February of 2020. Imports from Venezuela in Australia averaged 203.08 AUD THO from 1988 until 2020, reaching an all time high of 10000 AUD THO in January of 1991 and a record low of 0 AUD THO in February of 1988. This page includes a chart with historical data for Australia Imports from Venezuela.

Imports from St Pierre and Miquelon in Australia remained unchanged at 0 AUD Million in March from 0 AUD Million in February of 2020. This page includes a chart with historical data for Australia Imports from St Pierre And Miquelon.

Retail Sales in Puerto Rico increased 1.40 percent in September of 2016 over the previous month. Retail Sales MoM in Puerto Rico averaged 0.10 percent from 2005 until 2016, reaching an all time high of 6.14 percent in April of 2005 and a record low of -4.74 percent in October of 2008. In Puerto Rico, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Puerto Rico, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides the latest reported value for - Puerto Rico Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Retail Sales in Mozambique decreased 19 percent in January of 2020 over the previous month. Retail Sales Mom in Mozambique averaged 0.87 percent from 2012 until 2020, reaching an all time high of 40.40 percent in November of 2018 and a record low of -25.10 percent in January of 2017. This page provides - Mozambique Retail Sales MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Vietnam increased to 1424914 VND Billion in 2018 from 1288665 VND Billion in 2017. Government Revenues in Vietnam averaged 335914.91 VND Billion from 1985 until 2018, reaching an all time high of 1424914 VND Billion in 2018 and a record low of 19 VND Billion in 1985. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Vietnam Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vietnam recorded a government budget deficit of 191500 VND Billion in 2018. Government Budget Value in Vietnam averaged -41421.07 VND Billion from 1984 until 2018, reaching an all time high of 13000 VND Billion in 2006 and a record low of -191500 VND Billion in 2018. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Vietnam Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports - Urea, Whether Or Not In Aqueous Solution in Mexico increased to 43648 USD THO in March from 15488 USD THO in February of 2020. Imports - Urea, Whether Or Not In Aqueous Solution in Mexico averaged 39171.27 USD THO from 2014 until 2020, reaching an all time high of 89351 USD THO in June of 2019 and a record low of 5999 USD THO in November of 2015. This page includes a chart with historical data for Mexico Imports of Urea, Whether Or Not In Aqueous Soluti.

Imports - Works Of Art, Collectors' Pieces & Antiques in Mexico increased to 7159 USD THO in March from 2934 USD THO in February of 2020. Imports - Works Of Art, Collectors' Pieces & Antiq in Mexico averaged 4654.92 USD THO from 2014 until 2020, reaching an all time high of 32971 USD THO in November of 2016 and a record low of 573 USD THO in September of 2014. This page includes a chart with historical data for Mexico Imports of Works of Art, Collectors Pieces & Ant.

Government Revenues in Dominican Republic decreased to 51213 DOP Millions in February from 63610.80 DOP Millions in January of 2020. Government Revenues in Dominican Republic averaged 18426.67 DOP Millions from 1992 until 2020, reaching an all time high of 133800.70 DOP Millions in January of 2015 and a record low of 1123.10 DOP Millions in February of 1992. This page provides - Dominican Republic Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Dominican Republic recorded a government budget deficit of 8452.60 DOP Millions in February of 2020. Government Budget Value in Dominican Republic averaged -1673.16 DOP Millions from 1992 until 2020, reaching an all time high of 108873.70 DOP Millions in January of 2015 and a record low of -37095.10 DOP Millions in December of 2013. This page provides - Dominican Republic Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Austria recorded a government budget deficit of 1966 EUR Million in March of 2020. Government Budget Value in Austria averaged -576.47 EUR Million from 2003 until 2020, reaching an all time high of 5384 EUR Million in January of 2003 and a record low of -7614 EUR Million in December of 2008. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Austria Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Austria decreased to 5899 EUR Million in March from 9196 EUR Million in February of 2020. Government Revenues in Austria averaged 7217.60 EUR Million from 2003 until 2020, reaching an all time high of 67515 EUR Million in November of 2017 and a record low of 1966 EUR Million in January of 2003. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Austria Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

IP Addresses in Venezuela decreased to 2571911 IP in the first quarter of 2017 from 2585378 IP in the fourth quarter of 2016. IP Addresses in Venezuela averaged 2160293.62 IP from 2007 until 2017, reaching an all time high of 2925726 IP in the second quarter of 2015 and a record low of 950807 IP in the third quarter of 2007. This page includes a chart with historical data for VenezuelaIP Addresses.

Precipitation in Venezuela decreased to 55.96 mm in December from 105.78 mm in November of 2015. Precipitation in Venezuela averaged 163.86 mm from 1901 until 2015, reaching an all time high of 432.54 mm in June of 1986 and a record low of 9.06 mm in February of 1979. This page includes a chart with historical data for Venezuela Average Precipitation.

Temperature in Venezuela decreased to 26.52 celsius in December from 26.96 celsius in November of 2015. Temperature in Venezuela averaged 25.04 celsius from 1824 until 2015, reaching an all time high of 27.81 celsius in March of 2010 and a record low of 22.78 celsius in January of 1861. This page includes a chart with historical data for Venezuela Average Temperature.

Military Expenditure in Venezuela increased to 465 USD Million in 2017 from 389 USD Million in 2016. Military Expenditure in Venezuela averaged 846.67 USD Million from 1955 until 2017, reaching an all time high of 1852 USD Million in 2007 and a record low of 200 USD Million in 1961.

The Gross Domestic Product per capita in Venezuela was last recorded at 17131.39 US dollars in 2014, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Venezuela, when adjusted by Purchasing Power Parity is equivalent to 96 percent of the world's average. GDP per capita PPP in Venezuela averaged 14557.84 USD from 1960 until 2014, reaching an all time high of 18224.70 USD in 2008 and a record low of 11383.41 USD in 1989. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Venezuela GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Venezuela scored 41.83 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Venezuela averaged 12.69 Points from 2007 until 2019, reaching an all time high of 45.09 Points in 2017 and a record low of 3.30 Points in 2016. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Venezuela Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Venezuela is the 133 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Venezuela averaged 119 from 2007 until 2019, reaching an all time high of 134 in 2014 and a record low of 85 in 2007. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Venezuela Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gold Reserves in Venezuela remained unchanged at 161.22 Tonnes in the fourth quarter of 2019 from 161.22 Tonnes in the third quarter of 2019. Gold Reserves in Venezuela averaged 319.36 Tonnes from 2000 until 2019, reaching an all time high of 372.93 Tonnes in the third quarter of 2011 and a record low of 150 Tonnes in the second quarter of 2018. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides the latest reported value for - Venezuela Gold Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Venezuela is ranked 188 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Venezuela remained unchanged at 188 in 2019 from 188 in 2018. Ease of Doing Business in Venezuela averaged 182.33 from 2008 until 2019, reaching an all time high of 188 in 2017 and a record low of 175 in 2010. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Venezuela.

Core Consumer Prices in Venezuela increased to 594.30 Index Points in December from 582.30 Index Points in November of 2013. Core Consumer Prices in Venezuela averaged 133.58 Index Points from 1999 until 2013, reaching an all time high of 594.30 Index Points in December of 2013 and a record low of 18.20 Index Points in January of 1999. Core Consumer Prices in Venezuela is reported by the Banco Central De Venezuela. This page provides - Venezuela Core Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Inflation Rate in Venezuela increased 60.30 percent in December of 2013 over the same month in the previous year. Core Inflation Rate in Venezuela averaged 30.44 percent from 2008 until 2013, reaching an all time high of 60.90 percent in November of 2013 and a record low of 20.20 percent in October of 2012. Core Inflation Rate in Venezuela is reported by the Banco Central De Venezuela. In Venezuela, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides - Venezuela Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Venezuela increased to 8627 USD Million in the first quarter of 2019 from 8257 USD Million in the fourth quarter of 2018. Exports in Venezuela averaged 11127.28 USD Million from 1992 until 2019, reaching an all time high of 31468 USD Million in the third quarter of 2008 and a record low of 2995 USD Million in the first quarter of 1992. Venezuela is the world´s tenth biggest exporter and the thirteenth largest producer of oil. Shipments of oil account for 96 percent of total exports. Main export partners are: United States (40 percent of total exports), China (11 percent) and India (6 percent). Others include: Cuba, Colombia and Brazil. This page provides - Venezuela Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Venezuela decreased to 2497 USD Million in the first quarter of 2019 from 3370 USD Million in the fourth quarter of 2018. Imports in Venezuela averaged 6579.49 USD Million from 1992 until 2019, reaching an all time high of 19338 USD Million in the fourth quarter of 2012 and a record low of 1970 USD Million in the third quarter of 1994. Venezuela main imports are: electronics (32 percent of total imports), chemical products (18 percent), agricultural products and livestock (11 percent), base metals (8 percent) and food, beverages and tobacco (6 percent). Main import partners are: United States (26 percent of total imports), China (15 percent) and Brazil (9 percent). Others include: Colombia, Argentina and Mexico. This page provides - Venezuela Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Venezuela contracted 16.60 percent in the fourth quarter of 2017 over the same quarter of the previous year. GDP Annual Growth Rate in Venezuela averaged 1.62 percent from 1998 until 2017, reaching an all time high of 36.10 percent in the first quarter of 2004 and a record low of -26.70 percent in the first quarter of 2003. The biggest sector of Venezuela´s economy is services. Financing, insurance, real estate and business services; communication, transport and warehousing; trade, repairs, restaurants and hotels; community, personal, household and government services account for 60 percent of the GDP. Manufacturing and mining create 16 percent of the wealth and oil exploitation 12.3 percent. Construction and water and electricity distribution account for the remaining 12 percent of GDP. This page provides - Venezuela GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Venezuela contracted 23.70 percent in the first quarter of 2019 over the previous quarter. GDP Growth Rate in Venezuela averaged -0.08 percent from 1997 until 2019, reaching an all time high of 26.20 percent in the second quarter of 2003 and a record low of -24.40 percent in the first quarter of 2003. Venezuela is a state-controlled economy and the fifth biggest in Latin America. From 1997 to 2012, the country has been growing at an average rate of 0.75 percent on a quarter over quarter basis, mostly due to exports of oil. Venezuela has the largest proven oil reserves in the world. Oil accounts for 96 percent of total exports and for 12 percent of the GDP. Yet, in order to reach its full growth potential, the country needs to reduce its dependence on oil revenue; increase competition in the energy sector; improve its infrastructure and reduce the levels of poverty and inequality. This page provides - Venezuela GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Spending in Venezuela decreased to 3819 VEF Million in the first quarter of 2019 from 5057 VEF Million in the fourth quarter of 2018. Consumer Spending in Venezuela averaged 7953.87 VEF Million from 1998 until 2019, reaching an all time high of 12336 VEF Million in the fourth quarter of 2013 and a record low of 3819 VEF Million in the first quarter of 2019. This page provides - Venezuela Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Venezuela recorded a Current Account surplus of 2533 USD Million in the first quarter of 2019. Current Account in Venezuela averaged 1700.56 USD Million from 1990 until 2019, reaching an all time high of 15700 USD Million in the third quarter of 2008 and a record low of -6580 USD Million in the fourth quarter of 2008. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Venezuela Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Venezuela decreased 20.60 percent in January of 2019 over the same month in the previous year. Industrial Production in Venezuela averaged -3.02 percent from 1998 until 2019, reaching an all time high of 183.50 percent in December of 2003 and a record low of -64.90 percent in December of 2002. In Venezuela, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Venezuela Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.