Venezuela, RB's service imports (current US$, BoP) was US$6.06 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 58.05% from US$14.45 billion in 2015 (8.32% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$6.06 billion | 2025 |
| Five years earlier | US$4.65 billion | 2020 |
| Ten years earlier | US$14.45 billion | 2015 |
| Highest | US$19.3 billion | 2012 |
| Lowest | US$525 million | 1970 |
| Average since 2016 | US$6.78 billion | 2016–2025 |
| First recorded | US$525 million |
What the numbers say
In 2025, Venezuela, RB's service imports (current US$, BoP) rose 1.8% on 2024 (from US$5.95 billion to US$6.06 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +2.8% and a typical year strayed about 21.7% from that (the standard deviation). This year's change was 0.0 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 83.8% in 2007 and the biggest yearly fall was 55.7% in 1983. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about US$442.86 million a year. A straight line explains 56% 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
In 2025, Venezuela, RB had the 79th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Venezuela, RB | US$6.06 billion | 2025 |
| World | US$8.75 trillion | 2025 |
| Latin America & Caribbean | US$378.65 billion | 2025 |
| Lower middle income | US$424.83 billion | 2025 |
Closest to Venezuela, RB in the 2025 ranking
What this measures
Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 56 values
| Year | Service imports (current US$, BoP) |
|---|---|
| 2025 | 6,059,000,000 |
| 2024 | 5,954,000,000 |
| 2023 | 5,703,000,000 |
| 2022 | 5,552,000,000 |
| 2021 | 5,617,000,000 |
| 2020 | 4,647,000,000 |
| 2019 | 7,177,000,000 |
| 2018 | 7,431,000,000 |
| 2017 | 9,931,000,000 |
| 2016 | 9,691,000,000 |
| 2015 |
Service imports (current US$, BoP) in nearby economies
- Antigua and Barbuda — US$614.46 million (2025)
- Argentina — US$29.94 billion (2025)
- Aruba — US$1.18 billion (2023)
- Bahamas, The — US$2.47 billion (2024)
- Barbados — US$686.96 million (2017)
- Belize — US$351.61 million (2025)
- Bolivia — US$2.36 billion (2025)
- Brazil — US$105.06 billion (2025)
- Chile — US$21.95 billion (2025)
- Colombia — US$20.01 billion (2025)
- Costa Rica
More economic policy & debt data for Venezuela, RB
- Final consumption expenditure (current US$) — US$88.98 billion (2025)
- Final consumption expenditure (current LCU) — 14.72 trillion (2025)
- Final consumption expenditure (% of GDP) — 89.28% (2025)
- Gross national expenditure (current US$) — US$94.88 billion (2025)
- Gross national expenditure (current LCU) — 15.7 trillion (2025)
- Gross national expenditure (% of GDP) — 95.21% (2025)
- Exports of goods and services (current US$) — US$14.85 billion (2025)
- Exports of goods and services (current LCU) — 2.46 trillion (2025)
- Exports of goods and services (% of GDP) — 14.9% (2025)
Reading data like this
Questions people ask
- What is Venezuela, RB's service imports (current US$, BoP)?
- US$6.06 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 1,054% from US$525 million in 1970 (4.55% a year on average, compounded). The highest value was US$19.3 billion in 2012 and the lowest US$525 million in 1970.
- How does Venezuela, RB rank?
- 79th highest of 136 economies with data for 2025.
- Is the latest change in service imports (current US$, BoP) unusual for Venezuela, RB?
- In 2025, Venezuela, RB's service imports (current US$, BoP) rose 1.8% on 2024 (from US$5.95 billion to US$6.06 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +2.8% and a typical year strayed about 21.7% from that (the standard deviation). This year's change was 0.0 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 BM.GSR.NFSV.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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