|
|
General economic indicators |
| Indicators |
2002
|
2003
|
2004
|
| GDP (USD billion) |
92.9
|
83.4
|
109.3
|
| Real GDP growth (constant prices) |
-8.9
% |
-7.7
% |
17.3
% |
| GDP per capita (USD) |
4377
|
3968
|
4575
|
| Inflation rate |
22.4
% |
31.1
% |
21.7
% |
| Unemployment rate |
15.8%
|
16.8%
|
..
|
| External debt (USD billion) |
34
|
35
|
..
|
|
Bolivare rate on 12/31 (1 US$)
|
1392
|
1599.5
|
1920
|
|
| Sources : IMF -
2005
data, World bank, Oanda |
| GDP per activity sector |
2002
|
2003
|
2004
|
|
Agriculture and fishing |
4.3%
|
4.5%
|
..
|
|
Industry and mining |
39.5%
|
41.1%
|
..
|
|
Services |
56.2%
|
54.4%
|
..
|
|
| FDI inflows (USD million) |
2002
|
2003
|
2004
|
World rank |
| Foreign Direct Investments (F.D.I.) |
782
|
2659
|
1518
|
48
/ 197 |
|
| Source : UNCTAD "World Investment Report
2005
" |
| Indicators (USD billion) |
2002
|
2003
|
2004
|
| Imports of goods (f.o.b.) |
13.4
|
10.7
|
17.3
|
| Export of goods (f.o.b) |
26.8
|
27.2
|
39.4
|
| Trade balance |
13.4
|
16.5
|
22.1
|
| Balance of payments |
7.6
|
11.4
|
14.6
|
|
| Sources : World bank, IMF |
| Indicators |
2002
|
2003
|
2004
|
| Share of foreign trade in GDP |
45.8%
|
45.6%
|
54.2%
|
| Share of imports in GDP |
16.5%
|
15.0%
|
18.5%
|
| Share of exports in GDP |
29.3%
|
30.6%
|
35.7%
|
| Imports of goods and services (percent change) |
-26.7%
|
-19.6%
|
23.4%
|
| Exports of goods and services (percent change) |
-7.8%
|
-12.3%
|
9.0%
|
|
| Sources : World bank, IMF |
Trade in goods/services by major category |
|
2003
|
Imports |
Exports |
| Total Trade in Goods (USD billion): |
10.7
|
27.2
|
|
Agricultural raw materials |
2%
|
0%
|
| Food products |
17%
|
1%
|
| Hydrocarbons |
2%
|
82%
|
| Manufactured products (chemicals, machines,...) |
77%
|
13%
|
| Ores and metals |
2%
|
4%
|
| Other goods |
0%
|
0%
|
|
2003
|
Imports |
Exports |
| Total Trade in Services (USD billion): |
4
|
1
|
| Transport |
39%
|
39%
|
| Tourisme |
26%
|
42%
|
| Other services (insurance, financial services, telecommunications,...) |
35%
|
19%
|
|
|
Trade Data, by HS Code : |
|
|
|
|
Source : www.intracen.org, last available data |
Trade by partner countries |
Main clients
(% of exports) |
2004
|
|
Areas, nes
|
81.9%
|
|
USA
|
7.5%
|
|
Colombia
|
2.6%
|
|
Mexico
|
1.1%
|
|
Ecuador
|
0.7%
|
|
Main suppliers
(% of imports) |
2004
|
|
USA
|
31.2%
|
|
Colombia
|
10.6%
|
|
Brazil
|
8.4%
|
|
Mexico
|
4.7%
|
|
Spain
|
3.7%
|
|
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Last modified in
October 2005
|
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