Venezuela, RB's international tourism, receipts for travel items (current US$) was US$473 million in 2016, the latest year in the World Bank's World Development Indicators. That is down 38.41% from US$768 million in 2006 (4.73% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$473 million | 2016 |
| Five years earlier | US$740 million | 2011 |
| Ten years earlier | US$768 million | 2006 |
| Highest | US$1.03 billion | 2008 |
| Lowest | US$331 million | 2003 |
| Average since 2007 | US$807 million | 2007–2016 |
| First recorded | US$849 million |
What the numbers say
In 2016, Venezuela, RB's international tourism, receipts for travel items (current US$) fell 17.7% on 2015 (from US$575 million to US$473 million).
Across the 20 yearly changes before that (1996 to 2015), the average change was +1.1% and a typical year strayed about 25.6% 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 51.7% in 2004 and the biggest yearly fall was 36.9% 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$45.81 million a year. A straight line explains 65% 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.
| Value | Year | |
|---|---|---|
| Venezuela, RB | US$473 million | 2016 |
| World | US$1.47 trillion | 2019 |
| Latin America & Caribbean | US$102.12 billion | 2019 |
| Lower middle income | US$139.93 billion | 2019 |
Closest to Venezuela, RB in the 2016 ranking
- New Caledonia — 2nd of 4: US$159 million
- Yemen, Rep. — 3rd of 4: US$100 million
- Congo, Rep. — 4th of 4: US$41 million
What this measures
International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 22 values
| Year | International tourism, receipts for travel items (current US$) |
|---|---|
| 2016 | 473,000,000 |
| 2015 | 575,000,000 |
| 2014 | 836,000,000 |
| 2013 | 858,000,000 |
| 2012 | 844,000,000 |
| 2011 | 740,000,000 |
| 2010 | 831,000,000 |
| 2009 | 988,000,000 |
| 2008 | 1,030,000,000 |
| 2007 | 895,000,000 |
International tourism, receipts for travel items (current US$) in nearby economies
- Antigua and Barbuda — US$386 million (2020)
- Argentina — US$1.62 billion (2020)
- Aruba — US$1.08 billion (2020)
- Bahamas, The — US$1 billion (2020)
- Barbados — US$1.13 billion (2018)
- Belize — US$247 million (2020)
- Bolivia — US$191 million (2020)
- Brazil — US$3.04 billion (2020)
- Chile
More private sector & trade data for Venezuela, RB
- Merchandise trade (% of GDP) — 22.48% (2025)
- Merchandise imports (current US$) — US$13.81 billion (2025)
- Merchandise exports (current US$) — US$8.6 billion (2025)
- Merchandise imports from high-income economies (% of total merchandise imports) — 32.73% (2023)
- Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 40.17% (2023)
- Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) — 34.35% (2023)
- Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) — 27.1% (2023)
Reading data like this
Questions people ask
- What is Venezuela, RB's international tourism, receipts for travel items (current US$)?
- US$473 million in 2016, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is down 44.29% from US$849 million in 1995 (2.75% a year on average, compounded). The highest value was US$1.03 billion in 2008 and the lowest US$331 million in 2003.
- Is the latest change in international tourism, receipts for travel items (current US$) unusual for Venezuela, RB?
- In 2016, Venezuela, RB's international tourism, receipts for travel items (current US$) fell 17.7% on 2015 (from US$575 million to US$473 million). Across the 20 yearly changes before that (1996 to 2015), the average change was +1.1% and a typical year strayed about 25.6% 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.
Source
World Bank, World Development Indicators, indicator ST.INT.TVLR.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.
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