Latin America & the Caribbean (IDA & IBRD countries) vs Venezuela, Bolivarian Republic of: Merchandise exports by the reporting economy (current US$), annual

Latin America & the Caribbean (IDA & IBRD countries)
-1.32 % change on previous year
in 2023
Venezuela, Bolivarian Republic of
78.34 % change on previous year
in 2023
Latin America & the Caribbean (IDA & IBRD countries) rank
5th
Venezuela, Bolivarian Republic of rank
4th

Merchandise exports by the reporting economy (current US$), annual over time

  • Latin America & the Caribbean (IDA & IBRD countries)
  • Venezuela, Bolivarian Republic of
-50050100196119922023

How they compare

Venezuela, Bolivarian Republic of currently reports 78.34 % change on previous year against -1.32 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries), a difference of 79.66 % change on previous year.

That makes Venezuela, Bolivarian Republic of's figure about 59.4 times Latin America & the Caribbean (IDA & IBRD countries)'s.

The two have swapped places 25 times across 61 shared years of data; in 1961 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.

Latin America & the Caribbean (IDA & IBRD countries) ranks 5th and Venezuela, Bolivarian Republic of ranks 4th of 44 groups.

Across the 7 decades both report, Latin America & the Caribbean (IDA & IBRD countries) averaged higher in 5 and Venezuela, Bolivarian Republic of in 2.

Head to head by decade

Decade Latin America & the Caribbean (IDA & IBRD countries) Venezuela, Bolivarian Republic of Difference Ahead
1960s 5.72 % change on previous year 2.08 % change on previous year 3.64 % change on previous year Latin America & the Caribbean (IDA & IBRD countries)
1970s 22.72 % change on previous year 32.72 % change on previous year 10 % change on previous year Venezuela, Bolivarian Republic of
1980s 5.63 % change on previous year 3.13 % change on previous year 2.5 % change on previous year Latin America & the Caribbean (IDA & IBRD countries)
1990s 10.83 % change on previous year 4.72 % change on previous year 6.12 % change on previous year Latin America & the Caribbean (IDA & IBRD countries)
2000s 9.83 % change on previous year 18.21 % change on previous year 8.37 % change on previous year Venezuela, Bolivarian Republic of
2010s 5 % change on previous year -6.81 % change on previous year 11.82 % change on previous year Latin America & the Caribbean (IDA & IBRD countries)
2020s 8.35 % change on previous year 4.67 % change on previous year 3.68 % change on previous year Latin America & the Caribbean (IDA & IBRD countries)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports by the reporting economy (current us$), annual, Latin America & the Caribbean (IDA & IBRD countries) or Venezuela, Bolivarian Republic of?
Venezuela, Bolivarian Republic of, at 78.34 % change on previous year against -1.32 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries) as of 2023.
What is the difference in merchandise exports by the reporting economy (current us$), annual between Latin America & the Caribbean (IDA & IBRD countries) and Venezuela, Bolivarian Republic of?
79.66 % change on previous year, with Venezuela, Bolivarian Republic of ahead.
How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Venezuela, Bolivarian Republic of?
61 years are reported by both, from 1961 to 2023.
How do Latin America & the Caribbean (IDA & IBRD countries) and Venezuela, Bolivarian Republic of rank globally for merchandise exports by the reporting economy (current us$), annual?
Latin America & the Caribbean (IDA & IBRD countries) ranks 5th and Venezuela, Bolivarian Republic of ranks 4th of 44 groups.
Where does this data come from?
Statizoid (derived), published as Merchandise exports by the reporting economy (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & the Caribbean (IDA & IBRD countries) vs Venezuela, Bolivarian Republic of: Merchandise exports by the reporting economy (current US$), annual. Statizoid, drawing on Statizoid (derived). Retrieved 17 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-by-the-reporting-economy-current-us-annual-growth-rate/latin-america-and-the-caribbean-ida-and-ibrd-countries/venezuela-rb/

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About this data

Indicator
Merchandise exports by the reporting economy (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
253 places, 13,157 data points, 1961–2023
Last refreshed

The year-on-year percentage change in Merchandise exports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.