The current account balance as a share of the GDP in Venezuela was forecast to continuously decrease between 2024 and 2025 by in total 0.7 percentage points. The share is estimated to amount to 3.35 percent in 2025. This indicator expresses the current account balance as a share of the gross domestic product. With regards to the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items. The gross domestic product, on the other hand, refers to the total value of final goods and services produced during a year.
Find more key insights for the current account balance as a share of the GDP in countries like Guyana, Suriname, and Colombia.
Current account balance as a share of the GDP of Venezuela from 2003 to 2025
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IMF. (October 22, 2024). Current account balance as a share of the GDP of Venezuela from 2003 to 2025 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1392593/current-account-balance-as-a-share-of-the-gdp-venezuela/
IMF. "Current account balance as a share of the GDP of Venezuela from 2003 to 2025." Chart. October 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1392593/current-account-balance-as-a-share-of-the-gdp-venezuela/
IMF. (2024). Current account balance as a share of the GDP of Venezuela from 2003 to 2025. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1392593/current-account-balance-as-a-share-of-the-gdp-venezuela/
IMF. "Current Account Balance as a Share of The Gdp of Venezuela from 2003 to 2025." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1392593/current-account-balance-as-a-share-of-the-gdp-venezuela/
IMF, Current account balance as a share of the GDP of Venezuela from 2003 to 2025 Statista, https://www.statista.com/statistics/1392593/current-account-balance-as-a-share-of-the-gdp-venezuela/ (last visited November 21, 2024)
Current account balance as a share of the GDP of Venezuela from 2003 to 2025 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392593/current-account-balance-as-a-share-of-the-gdp-venezuela/