Venezuela - Net current transfers from abroad (constant LCU)

The value for Net current transfers from abroad (constant LCU) in Venezuela was -219,028,200 as of 2012. As the graph below shows, over the past 38 years this indicator reached a maximum value of 72,014,230 in 1996 and a minimum value of -251,363,800 in 2007.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1974 -143,304,900
1975 -122,379,800
1976 -156,277,500
1977 -177,025,800
1978 -230,357,200
1979 -201,589,700
1980 -192,720,600
1981 -161,664,200
1982 -238,799,500
1983 -73,259,400
1984 -79,891,730
1985 -68,438,140
1986 -57,400,770
1987 -56,701,270
1988 -73,344,750
1989 -187,639,300
1990 -209,962,900
1991 -230,536,000
1992 -218,525,200
1993 -210,714,900
1994 -49,056,400
1995 49,434,040
1996 72,014,230
1997 -47,397,600
1998 -85,683,460
1999 -26,678,850
2000 -64,867,360
2001 -53,304,010
2002 -70,310,580
2003 9,459,618
2004 -32,416,900
2005 -26,282,170
2006 -29,799,130
2007 -251,363,800
2008 -242,025,000
2009 -138,379,800
2010 -176,499,900
2011 -207,436,400
2012 -219,028,200

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts