Venezuela, RB: International tourism, receipts (current US$)

Key figures

What the numbers say

In 2016, Venezuela, RB's international tourism, receipts (current US$) fell 16.5% on 2015 (from US$654 million to US$546 million).

Across the 20 yearly changes before that (1996 to 2015), the average change was +0.8% and a typical year strayed about 24.5% from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 46.6% in 2004 and the biggest yearly fall was 39.3% in 1997. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2007 to 2016 the straight-line trend is downward, about US$45.33 million a year. A straight line explains 66% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

Closest to Venezuela, RB in the 2016 ranking

• Barbados — 1st of 5: US$1.07 billion
• French Polynesia — 2nd of 5: US$782 million
• Eritrea — 4th of 5: US$48 million
• Congo, Rep. — 5th of 5: US$42.9 million

What this measures

International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars.

Limitations: Tourism can be either domestic or international. The data refers to international tourism, where the traveler's country of residence differs from the visiting country. International tourism consists of inbound (arrival) and outbound (departures) tourism. The data are from the World Tourism Organization (WTO), a United Nations agency. The data on inbound and outbound tourists refer to the number of arrivals and departures, not to the number of people traveling. Thus a person who makes several trips to a country during a given period is counted each time as a new arrival. The data on inbound tourism show the arrivals of nonresident tourists (overnight visitors) at national borders.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 22 values

International tourism, receipts (current US$) in nearby economies

• Argentina — US$1.7 billion (2020)
• Aruba — US$1.08 billion (2020)
• Bahamas, The — US$1.01 billion (2020)
• Barbados — US$1.07 billion (2016)
• Bolivia — US$243 million (2020)
• Brazil — US$3.1 billion (2020)
• British Virgin Islands — US$484 million (2015)
• Cayman Islands — US$964 million (2019)
• Chile — US$1.03 billion (2020)
• Colombia

More private sector & trade data for Venezuela, RB

• Merchandise trade (% of GDP) — 22.48% (2025)
• Merchandise imports (current US$) — US$13.81 billion (2025)
• Merchandise exports (current US$) — US$8.6 billion (2025)
• Merchandise imports from high-income economies (% of total merchandise imports) — 32.73% (2023)
• Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 40.17% (2023)
• Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) — 34.35% (2023)
• Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) — 27.1% (2023)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Venezuela, RB's international tourism, receipts (current US$)?

US$546 million in 2016, according to the World Bank (World Development Indicators).

How has it changed since 1995?

It is down 45.13% from US$995 million in 1995 (2.82% a year on average, compounded). The highest value was US$1.1 billion in 2008 and the lowest US$378 million in 2003.

Is the latest change in international tourism, receipts (current US$) unusual for Venezuela, RB?

In 2016, Venezuela, RB's international tourism, receipts (current US$) fell 16.5% on 2015 (from US$654 million to US$546 million). Across the 20 yearly changes before that (1996 to 2015), the average change was +0.8% and a typical year strayed about 24.5% from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator ST.INT.RCPT.CD, licensed CC BY 4.0. Original source: Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.