Venezuela | Economic Indicators


Markets Last Reference Previous Range
Currency 6.35 Jul/15 6.29 0.05 : 6.35
Government Bond 10y 10.99 percent Jul/15 10.99 0 : 1162
Stock Market 13299 Index points Jul/15 12857 0.76 : 14030
GDP Last Reference Previous Range
GDP 438 USD Billion Dec/13 381 8.61 : 438
GDP Growth Rate 6.8 percent Dec/13 0 -15.3 : 22.7
GDP Annual Growth Rate -2.3 percent Sep/14 -4.9 -26.7 : 36.1
GDP per capita 6402 USD Dec/13 6412 4323 : 7138
Gross Fixed Capital Formation 4364 VEF Million Sep/14 3784 996 : 7328
GDP per capita PPP 17615 USD Dec/13 17642 11894 : 17911
Labour Last Reference Previous Range
Unemployment Rate 7.9 percent Jan/15 5.5 5.5 : 20.7
Employed Persons 13100203 Jan/15 13607057 8505814 : 13607057
Unemployed Persons 1124799 Jan/15 796213 760063 : 2406251
Wages 1881 VEF/Month Dec/10 1478 41.36 : 1881
Population 30.21 Million Dec/14 29.78 7.58 : 30.21
Minimum Wages 7422 VEF/Month Jul/15 6747 799 : 614790
Prices Last Reference Previous Range
Inflation Rate 68.5 percent Dec/14 63.61 3.22 : 115
Inflation Rate Mom 5.3 percent Dec/14 4.7 0.8 : 6.1
Consumer Price Index CPI 826 Index Points Dec/14 790 0.1 : 826
Core Inflation Rate 60.3 percent Dec/13 60.9 20.2 : 60.9
Core Consumer Prices 594 Index Points Dec/13 582 18.2 : 594
Food Inflation 102 percent Dec/14 92.86 17.89 : 102
Money Last Reference Previous Range
Interest Rate 19.46 percent May/15 19.51 12.79 : 83.73
Interbank Rate 19.46 percent May/15 19.51 12.48 : 72.23
Money Supply M0 868454 VEF Million Mar/15 864312 334 : 868454
Money Supply M1 2161161 VEF Million Mar/15 2076601 2.68 : 2161161
Money Supply M2 2198639 VEF Million Mar/15 2115352 40.35 : 2198639
Money Supply M3 2198639 VEF Million Mar/15 2115353 47.99 : 2198639
Foreign Exchange Reserves 17608 USD Million May/15 19021 514 : 42299
Banks Balance Sheet 2555414371 VEF Thousand Jan/15 2456650185 12727237 : 2555414371
Central Bank Balance Sheet 1118195649 VEF Thousand Aug/14 1147911320 93091827 : 1147911320
Trade Last Reference Previous Range
Balance of Trade 6811 USD Million Sep/14 10243 -2015 : 17732
Exports 19057 USD Million Sep/14 20780 2995 : 30743
Imports 12246 USD Million Sep/14 10537 1970 : 17841
Current Account 899 USD Million Sep/14 3244 -4922 : 15502
Current Account to GDP 1.4 percent Dec/13 2.9 -9.2 : 17.7
External Debt 2021 USD Million Mar/15 565 0 : 2189
Remittances 836 USD Million Dec/13 803 136 : 836
Gold Reserves 368 Tonnes Mar/15 361 311 : 373
Crude Oil Production 2500 BBL/D/1K Mar/15 2500 630 : 3453
Foreign Direct Investment 12 USD Million Sep/14 547 -2040 : 3061
Government Last Reference Previous Range
Government Budget -11.5 percent of GDP Dec/13 -8.5 -11.5 : 3.79
Government Debt to GDP 49.8 percent Dec/13 45.9 26.3 : 71.9
Government Spending 2936 VEF Million Sep/14 2654 1069 : 3632
Credit Rating 23.7 :
Business Last Reference Previous Range
Industrial Production 0.81 percent Sep/13 -1.66 -64.9 : 184
Changes in Inventories 1632 VEF Million Sep/14 1370 -655 : 2399
Competitiveness Index 3.31 Points Jun/15 3.35 3.31 : 3.78
Competitiveness Rank 131 Jun/15 134 85 : 134
Corruption Index 19 Points Jun/14 20 19 : 28
Corruption Rank 161 Jun/14 160 38 : 172
Ease of Doing Business 182 Dec/14 181 175 : 182
Consumer Last Reference Previous Range
Consumer Confidence 65 Mar/15 70 65 : 89
Retail Sales Mom -2.22 percent Sep/13 5.79 -35.47 : 36.09
Retail Sales YoY 12.55 percent Sep/13 14.53 -3.3 : 20.24
Consumer Spending 11423 VEF Million Sep/14 10679 4886 : 12336
Gasoline Prices 0.02 USD/Liter Jun/15 0.02 0.01 : 0.14
Private Sector Credit 1196901504 VEF Thousand Dec/14 1144843917 5827903 : 1196901504
Taxes Last Reference Previous Range
Corporate Tax Rate 34 percent Jan/15 34 34 : 34
Personal Income Tax Rate 34 percent Jan/14 34 34 : 34
Sales Tax Rate 12 percent Jan/15 12 9 : 14
Social Security Rate 25 percent Jan/15 25 23 : 25
Social Security Rate For Companies 19 percent Jan/15 19 17 : 19
Social Security Rate For Employees 6 percent Jan/15 6 6 : 6




Economic Indicators for Venezuela including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Venezuela economy. 7/4/2015