Money sent or brought back by migrants as a share of gdp in Venezuela
Venezuela: Money sent or brought back by migrants as a share of gdp was 0.247 in 2016. ◆ Volatile
Money sent or brought back by migrants as a share of gdp in Venezuela, 1985–2016
Source: Our World in Data.
Analysis
The most recent figure for money sent or brought back by migrants as a share of gdp in Venezuela is 0.247, measured in 2016.
Compared with earlier readings it is up 92.2% on the previous year and up 174.7% over ten years.
Over the whole period, money sent or brought back by migrants as a share of gdp in Venezuela peaked at 0.2487 in 2003 and was at its lowest, 0.0016, in 1985.
That places Venezuela 161st out of 194 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Money sent or brought back by migrants as a share of gdp in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 1985 | 0.0016 | — |
| 1986 | 0.0017 | +2.4% |
| 1987 | 0.0021 | +26.0% |
| 1988 | 0.0017 | -20.3% |
| 1989 | 0.0023 | +38.3% |
| 1990 | 0.0021 | -10.4% |
| 1991 | 0.0037 | +81.9% |
| 1992 | 0.0033 | -11.5% |
| 1993 | 0.0033 | +0.6% |
| 1994 | 0.0034 | +2.8% |
| 1995 | 0.0026 | -24.5% |
| 1996 | 0.0057 | +119.4% |
| 1997 | 0.0198 | +249.3% |
| 1998 | 0.0186 | -6.0% |
| 1999 | 0.0174 | -6.8% |
| 2000 | 0.0145 | -16.4% |
| 2001 | 0.0155 | +6.5% |
| 2002 | 0.0205 | +32.3% |
| 2003 | 0.2487 | +1116.1% |
| 2004 | 0.1272 | -48.9% |
| 2005 | 0.1017 | -20.0% |
| 2006 | 0.0899 | -11.6% |
| 2007 | 0.0655 | -27.1% |
| 2008 | 0.0434 | -33.8% |
| 2009 | 0.04 | -7.7% |
| 2010 | 0.0364 | -9.1% |
| 2011 | 0.0436 | +19.9% |
| 2012 | 0.0317 | -27.2% |
| 2013 | 0.0464 | +46.3% |
| 2014 | 0.0596 | +28.4% |
| 2015 | 0.1285 | +115.8% |
| 2016 | 0.247 | +92.2% |
Venezuela compared with similar countries
- Venezuela's 0.247 is below the median for lower middle income countries, which is 6.01, 4% of the median. (47 countries reporting)
- Venezuela's 0.247 is below the median for Latin America & Caribbean, which is 2.87, 9% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Money sent or brought back by migrants as a share of gdp in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +1116.1% | 0.0205 | 0.2487 |
| 1997 | +249.3% | 0.0057 | 0.0198 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0019 | 0.0016 | 0.0023 | 5 |
| 1990s | 0.008 | 0.0021 | 0.0198 | 10 |
| 2000s | 0.0767 | 0.0145 | 0.2487 | 10 |
| 2010s | 0.0848 | 0.0317 | 0.247 | 7 |
Countries ranked near Venezuela
More population data for Venezuela
- Population regions with projections, annual growth rate -0.5136 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.187 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.5136 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.4023 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 35,937 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.11 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.8093 % change on previous year (2100)
- Population growth rate -0.518 (2100)
- Population density 32.06 (2100)
- Projected population under age 5 1.32 million (2100)
Frequently asked questions
- What is money sent or brought back by migrants as a share of gdp in Venezuela?
- Money sent or brought back by migrants as a share of gdp in Venezuela was 0.247 in 2016, according to Our World in Data.
- What is the highest money sent or brought back by migrants as a share of gdp recorded in Venezuela?
- The highest recorded value was 0.2487 in 2003.
- What is the lowest money sent or brought back by migrants as a share of gdp recorded in Venezuela?
- The lowest recorded value was 0.0016 in 1985.
- How does Venezuela rank for money sent or brought back by migrants as a share of gdp?
- Venezuela ranks 161st out of 194 countries with data for 2016.
- Is money sent or brought back by migrants as a share of gdp rising or falling in Venezuela?
- Over the last ten years it is up 174.7%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Our World in Data, published as part of Money sent or brought back by migrants as a share of gdp. Statizoid updates them automatically from the source API.
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