Venezuela flipped from sending money abroad to receiving it
Personal remittances received and paid by Venezuela, US$ billion, 2008–2025: money sent home from abroad versus money sent out.
- 1. Central banks now hold more gold than Treasuries or euros
- 2. China now pays the world mostly in yuan
- 3. Migrants now send home four times all foreign aid
- 4. Tether now holds more US Treasuries than the UAE
- 5. Developing countries' interest bill has nearly tripled since 2010
- 6. Poles edge past the Japanese in income per person
- 7. In dollars, Nigeria's economy has more than halved since 2014
- 8. Argentina's monthly inflation fell from 25.5% to 1.9%
- 9. Guyana now produces more per person than America
- 10. Ukraine received four times the aid of any other country
- 11. Singapore now draws twice as much foreign investment as China
- 12. 22 governments now owe more than a year's national output
- 13. Money sent home to Guatemala nearly quadrupled in ten years
- 14. In purchasing power, Russia's economy is now bigger than Japan's
- 15. Colombians abroad now send home more than foreigners invest
- 16. 72 countries now pay China more than it lends them
- 17. Pakistan rose to first place in Chinese energy finance
- 18. Money sent home now tops half of Tajikistan's economy
- 19. Pakistan passed India in tech's share of services exports
- 20. Mongolia leapt from 2% to 58% paying utilities by phone
- 21. Smaller currencies' share of world reserves has more than doubled
- 22. Phone savers now outnumber bank savers in 32 countries
- 23. Uzbekistan now receives more than twice Ukraine's remittances
- 24. Fewer countries owe China more than the World Bank
- 25. Poorer countries now owe Saudi Arabia more than America
- 26. Cambodia's bank lending grew from 8% to 121% of GDP
- 27. Egypt tripled its ATMs per adult in ten years
- 28. Bank branches are past their peak in most countries
- 29. Guinea rose from 17th to second for investment in Africa
- 30. Navoi doubled its share of Uzbekistan's economy in ten years
- 31. Turkmenistan has paid back almost all it owed China
- 32. Foreign debt payments now top foreign investment in 87 countries
- 33. Gulf governments now owe 13% of international government bonds
- 34. Sabah and Sarawak's share of Malaysia's economy keeps shrinking
- 35. Venezuela flipped from sending money abroad to receiving it
in remittances received by Venezuela in 2025, up from US$0.13 bn in 2013.
sent abroad from Venezuela in 2013, more than eight times what came in; by 2025 outflows were US$0.49 bn.
the first year more money came in than went out; inflows have stayed above US$2.6 bn every year since 2019.
the numbers & method
| Year | Money received (bn) | Money sent abroad (bn) |
|---|---|---|
| 2008 | 0.14 | 0.84 |
| 2009 | 0.13 | 0.58 |
| 2010 | 0.14 | 0.81 |
| 2011 | 0.14 | 0.78 |
| 2012 | 0.12 | 0.90 |
| 2013 | 0.13 | 1.12 |
| 2014 | 0.13 | 0.19 |
| 2015 | 0.23 | 0.11 |
| 2016 | 0.41 | 0.05 |
| 2017 | 0.87 | 0.12 |
| 2018 | 2.10 | 0.09 |
| 2019 | 3.24 | 0.08 |
| 2020 | 2.63 | 0.08 |
| 2021 | 3.69 | 0.08 |
| 2022 | 3.87 | 0.18 |
| 2023 | 3.52 | 0.28 |
| 2024 | 3.81 | 0.47 |
| 2025 | 4.31 | 0.49 |
Claim types Fact
World Bank, World Development Indicators (last updated 8 Oct 2026; API last updated 11 Nov 2026): personal remittances, received (BX.TRF.PWKR.CD.DT) and personal remittances, paid (BM.TRF.PWKR.CD.DT), current US$, Venezuela, RB, read from the World Bank API via the progrss vault (GUIDELINES §4.11; wb-wdi anchored). Personal remittances are personal transfers plus compensation of employees, compiled by the World Bank from IMF balance of payments data. US$ million, received / paid: 2008 137 / 841; 2013 130 / 1,117; 2014 130 / 193; 2015 234 / 105; 2016 405 / 48; 2017 870 / 117; 2018 2,097 / 92; 2019 3,239 / 83; 2020 2,626 / 76; 2021 3,692 / 84; 2022 3,869 / 179; 2023 3,524 / 281; 2024 3,806 / 466; 2025 4,305 / 485. Cross-check: IMF balance of payments (data.imf.org BOP, update 7 Nov 2026), personal transfers only: received US$106 million (2013) and US$4,153 million (2025); paid US$1,069 million (2013) and US$428 million (2025). The 33-fold rise, the eightfold ratio in 2013 (1,117 / 130) and the flip year are progrss calculations. Values are in current dollars, not adjusted for inflation. Payments abroad fell 83% in 2014 (US$1,117 million to US$193 million); neither the World Bank nor the IMF series flags an estimate or method change for that year, and the IMF codes Venezuela's figures as reported. IMF figures are a cross-check only: chart images only; credit IMF, Balance of Payments (Nov 2026 update). Live re-read through vault_fetch on the World Bank API matched (web fetch refused).
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