Money sent or brought back by migrants as a share of GDP in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Money sent or brought back by migrants as a share of GDP was 0.2% in 2016. ◆ Volatile

Latest (2016)
0.2%
Change on year
up 92.2%
World rank
161st
of 194 countries
All-time high
0.2%
in 2003
All-time low
0.0%
in 1985
Years of data
32
1985–2016

Money sent or brought back by migrants as a share of GDP in Venezuela, Bolivarian Republic of, 1985–2016

00.050.10.150.20.251985200020161985: 0.002 % of GDP1986: 0.002 % of GDP1987: 0.002 % of GDP1988: 0.002 % of GDP1989: 0.002 % of GDP1990: 0.002 % of GDP1991: 0.004 % of GDP1992: 0.003 % of GDP1993: 0.003 % of GDP1994: 0.003 % of GDP1995: 0.003 % of GDP1996: 0.006 % of GDP1997: 0.02 % of GDP1998: 0.019 % of GDP1999: 0.017 % of GDP2000: 0.015 % of GDP2001: 0.015 % of GDP2002: 0.02 % of GDP2003: 0.249 % of GDP2004: 0.127 % of GDP2005: 0.102 % of GDP2006: 0.09 % of GDP2007: 0.066 % of GDP2008: 0.043 % of GDP2009: 0.04 % of GDP2010: 0.036 % of GDP2011: 0.044 % of GDP2012: 0.032 % of GDP2013: 0.046 % of GDP2014: 0.06 % of GDP2015: 0.129 % of GDP2016: 0.247 % of GDP

Source: World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for money sent or brought back by migrants as a share of gdp in Venezuela, Bolivarian Republic of is 0.2%, 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, Bolivarian Republic of peaked at 0.2% in 2003 and was at its lowest, 0.0%, in 1985.

That places Venezuela, Bolivarian Republic of 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, Bolivarian Republic of, year by year

Annual values for Money sent or brought back by migrants as a share of GDP in Venezuela, Bolivarian Republic of, 1985 to 2016.
Year % of GDP Change
1985 0.0%
1986 0.0% +2.4%
1987 0.0% +26.0%
1988 0.0% -20.3%
1989 0.0% +38.3%
1990 0.0% -10.4%
1991 0.0% +81.9%
1992 0.0% -11.5%
1993 0.0% +0.6%
1994 0.0% +2.8%
1995 0.0% -24.5%
1996 0.0% +119.4%
1997 0.0% +249.3%
1998 0.0% -6.0%
1999 0.0% -6.8%
2000 0.0% -16.4%
2001 0.0% +6.5%
2002 0.0% +32.3%
2003 0.2% +1116.1%
2004 0.1% -48.9%
2005 0.1% -20.0%
2006 0.1% -11.6%
2007 0.1% -27.1%
2008 0.0% -33.8%
2009 0.0% -7.7%
2010 0.0% -9.1%
2011 0.0% +19.9%
2012 0.0% -27.2%
2013 0.0% +46.3%
2014 0.1% +28.4%
2015 0.1% +115.8%
2016 0.2% +92.2%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0% 0.0% 0.0% 5
1990s 0.0% 0.0% 0.0% 10
2000s 0.1% 0.0% 0.2% 10
2010s 0.1% 0.0% 0.2% 7

Countries ranked near Venezuela, Bolivarian Republic of

  1. 158 Finland 0.3% compare
  2. 159 Macau, China 0.3% compare
  3. 160 Iraq 0.2% compare
  4. 162 South Africa 0.2% compare
  5. 163 Greece 0.2% compare
  6. 164 Brazil 0.2% compare

See the full ranking of 194 places →

More population data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is money sent or brought back by migrants as a share of gdp in Venezuela, Bolivarian Republic of?
Money sent or brought back by migrants as a share of gdp in Venezuela, Bolivarian Republic of was 0.2% in 2016, according to World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data.
What is the highest money sent or brought back by migrants as a share of gdp recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 0.2% in 2003.
What is the lowest money sent or brought back by migrants as a share of gdp recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 0.0% in 1985.
How does Venezuela, Bolivarian Republic of rank for money sent or brought back by migrants as a share of gdp?
Venezuela, Bolivarian Republic of 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, Bolivarian Republic of?
Over the last ten years it is up 174.7%. The long-run trend across the full record is volatile.
Where does this Venezuela, Bolivarian Republic of data come from?
The figures come from World Bank staff estimates based on IMF and OECD data (2026) – processed by 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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Money sent or brought back by migrants as a share of GDP in Venezuela, Bolivarian Republic of. Statizoid, drawing on World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Retrieved 04 September 2026, from https://population.statizoid.com/stat/money-sent-or-brought-back-by-migrants-as-a-share-of-gdp/venezuela-rb/

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About this data

Indicator
Money sent or brought back by migrants as a share of GDP
Unit
% of GDP
Source
World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed

Money sent or brought back by migrants refers to remittances a country has received in this year.