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Following is detailed information about macroeconomic and
trade ratios of Venezuela's economy.
| 2000 |
|
| Population (millions) |
24.2 |
| GNI per capita (US$) |
4,310 |
| GNI (US$
billions) |
104.1 |
|
1980 |
1990 |
1999 |
2000 |
| GDP (US$
billions) |
69.4 |
48.6 |
103.3 |
120.5 |
| Exports of goods and
services / GDP |
28.8 |
39.4 |
21.6 |
29.4 |
| Interest
payments / GDP |
2.1 |
6.2 |
2.2 |
2.0 |
| Total
debt / GDP |
42.3 |
68.3 |
34.7 |
31.3 |
| Inflation
- consumer prices (% change) |
21.8 |
40.8 |
23.6 |
13.4 |
|
|
|
|
|
| (average annual
growth) |
1980-90 |
1990-00 |
1999 |
2000 |
2000-04 |
| GDP |
1.1 |
1.6 |
-6.1 |
3.2 |
2.7 |
| GDP per capita |
-1.4 |
-0.6 |
-7.9 |
1.2 |
0.9 |
| Exports of goods and services |
2.8 |
5.2 |
-10.8 |
5.8 |
2.9 |
| (% of GDP) |
1980 |
1990 |
1999 |
2000 |
| Agriculture |
4.8 |
5.4 |
5.0 |
5.0 |
| Industry |
46.4 |
50.2 |
36.4 |
36.4 |
|
Manufacturing |
16.0 |
20.5 |
14.4 |
14.4 |
| Services |
48.8 |
44.4 |
58.6 |
58.6 |
| Private consumption |
54.9 |
62.1 |
69.1 |
63.1 |
| Government
consumption |
11.8 |
8.4 |
7.5 |
7.0 |
| Imports of goods and services |
21.8 |
20.2 |
16.4 |
17.0 |
|
|
|
|
|
| (average annual
growth) |
1980-90 |
1990-00 |
1999 |
2000 |
| Agriculture |
3.1 |
1.4 |
-2.1 |
2.2 |
| Industry |
1.7 |
2.9 |
-8.8 |
2.6 |
|
Manufacturing |
4.4 |
0.9 |
-8.7 |
3.5 |
| Services |
0.5 |
0.4 |
-3.0 |
3.4 |
| Private consumption |
1.2 |
0.4 |
-4.3 |
4.6 |
| Government
consumption |
2.0 |
-0.3 |
3.0 |
5.6 |
| Domestic investment |
-5.3 |
4.4 |
-15.1 |
10.0 |
| Imports of goods and services |
-1.8 |
6.1 |
-14.6 |
19.5 |
| (US$ millions) |
1980 |
1990 |
1999 |
2000 |
| Total exports (fob) |
19,275 |
17,497 |
20,819 |
32,401 |
|
Oil |
18,301 |
13,953 |
16,419 |
27,993 |
|
Aluminum |
280 |
640 |
692 |
.. |
|
Manufactures |
209 |
1,669 |
1,907 |
1,941 |
| Total imports (cif) |
10,636 |
6,543 |
11,015 |
17,113 |
|
Food |
.. |
.. |
.. |
.. |
|
Fuel and energy |
.. |
.. |
.. |
.. |
|
Capital goods |
2,549 |
2,231 |
2,121 |
2,043 |
| (US$ millions) |
1980 |
1990 |
1999 |
2000 |
| Exports of goods and services |
19,968 |
18,806 |
22,059 |
35,646 |
| Imports of goods and services |
15,130 |
9,451 |
16,922 |
20,990 |
| Resource balance |
4,838 |
9,355 |
5,137 |
14,656 |
| Reserves (including
gold) |
15,588 |
12,466 |
15,164 |
15,882 |
| Conversion rate (local/US$) |
4.3 |
46.9 |
605.7 |
680.0 |
| EXTERNAL DEBT AND INVESTMENT |
| (US$ millions) |
1980 |
1990 |
1999 |
2000 |
| Total debt |
29,344 |
33,170 |
35,852 |
37,681 |
| Total debt service |
6,037 |
4,990 |
5,631 |
5,847 |
| Foreign direct
investment |
55 |
451 |
3,187 |
.. |
* Source: World Bank
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