Retail Sales in Venezuela decreased 53.50 percent in January of 2019 over the same month in the previous year. source: Banco Central De Venezuela

Retail Sales YoY in Venezuela averaged 5.74 percent from 2008 until 2019, reaching an all time high of 60.30 percent in January of 2016 and a record low of -56.20 percent in December of 2018. This page provides - Venezuela Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Retail Sales YoY - values, historical data and charts - was last updated on October of 2020.

Retail Sales YoY in Venezuela is expected to be -70.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Venezuela to stand at -62.00 in 12 months time. In the long-term, the Venezuela Retail Sales YoY is projected to trend around -50.00 percent in 2021 and -35.00 percent in 2022, according to our econometric models.

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Venezuela Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-53.50 -56.20 60.30 -56.20 2008 - 2019 percent Monthly
2007=100

Venezuela Consumer Last Previous Highest Lowest Unit
Consumer Confidence 66.00 74.00 89.00 57.00 points [+]
Retail Sales Mom -29.60 -8.70 84.50 -47.60 percent [+]
Retail Sales YoY -53.50 -56.20 60.30 -56.20 percent [+]
Consumer Spending 3819.00 5057.00 12336.00 3819.00 VEF Million [+]
Private Sector Credit 59180415.50 46004545.60 59180415.50 5.83 VEF Million [+]
Gasoline Prices 0.02 0.02 0.02 0.00 USD/Liter [+]


Venezuela Retail Sales YoY
In Venezuela, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.