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.

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.

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.

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.

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.

Aid workers warn that millions face long-term damage to health as food crisis continues

Colombia seeks $1bn in funds as UN aid appeal falls well short of target

With the exodus set to continue, the strains on Bogotá and other governments are set to intensify

Oil price collapse and crumbling health system put Latin American nation at risk

The need for an effective fight against coronavirus trumps other considerations

Maduro regime rejects latest Washington plan despite fears of humanitarian catastrophe from Covid-19

All attempts to remove President Nicolás Maduro from power have failed

Work dries up under lockdown but returning home could be more perilous than staying put

Tareck El-Aissami has little experience — and a $10m US bounty on his head

Maduro’s economic rescue plan offers little hope to people struggling to get by 

Creditor group says restrictions on trading could be forcing bonds into ‘rogue’ hands

Regime claims 8 people died in plot connected to foiled coup attempt launched from Colombia

Donald Trump denies Washington played role in alleged attempt to assassinate Maduro

Venezuela’s president airs video of former US soldier accused of taking part in thwarted plot

Former Navy Seal who trained some of ragtag crew tells FT plan was ‘half-cocked’ and ‘inept’

Treasury also licenses Chevron to operate in crisis-hit nation for a further 3 months

Luke Denman, 34, and Airan Berry, 41, were charged with 'terrorism, conspiracy, illicit trafficking of weapons of war and (criminal) association' for their alleged role in a failed Venezuelan coup.

Will it be third-time lucky, or does bad luck strike in threes? Jose Mourinho is close to signing Colombia striker Radamel Falcao but there is the possibility he will follow in Fernando Torres' footsteps.

U.S. Southern Command tweeted video and images from the incident on Friday. They say the SU-30 Flanker 'aggressively shadowed' a U.S. EP-3 aircraft.

Venezuela and Peru began their Copa America with a nervous draw on Saturday in a match marked by two Peruvian goals chalked off after consultation with the Video Assistant Referee.

Brazil were jeered at home in the Copa America for the second time in a row as they were held to a stalemate by Venezuela. The hosts followed a lethargic win over Bolivia with a scoreless draw. 

VAR stole the show as Brazil and Venezuela drew 0-0 at the Copa America. Brazil found the net three times, but all of their goals were disallowed - two upon the advice of the video assistant.

An impressive double from striker Darwin Machis helped Venezuela book their place in the Copa America quarter-finals with a comfortable 3-1 win over Bolivia on Saturday.