Costa Rica vs Venezuela: Merchandise exports to low- and middle-income economies in Latin

Costa Rica
21.1%
in 2023
Venezuela
22.8%
in 2023
Costa Rica rank
17th
Venezuela rank
16th

Merchandise exports to low- and middle-income economies in Latin over time

  • Costa Rica
  • Venezuela
0102030196019912023

How they compare

Venezuela currently reports 22.8% against 21.1% in Costa Rica, a difference of 1.7%.

That makes Venezuela's figure about 1.1 times Costa Rica's.

The two have swapped places 14 times across 63 shared years of data; in 1960 it was Venezuela ahead.

Costa Rica ranks 17th and Venezuela ranks 16th of 203 countries.

Across the 7 decades both report, Costa Rica averaged higher in 6 and Venezuela in 1.

Head to head by decade

Decade Costa Rica Venezuela Difference Ahead
1960s 13.5% 8.0% 5.5% Costa Rica
1970s 24.2% 11.2% 13.0% Costa Rica
1980s 20.4% 13.8% 6.7% Costa Rica
1990s 18.4% 20.8% 2.4% Venezuela
2000s 19.5% 16.2% 3.4% Costa Rica
2010s 22.9% 9.4% 13.5% Costa Rica
2020s 21.8% 17.8% 4.0% Costa Rica

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports to low- and middle-income economies in latin, Costa Rica or Venezuela?
Venezuela, at 22.8% against 21.1% in Costa Rica as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in latin between Costa Rica and Venezuela?
1.7%, with Venezuela ahead.
How many years of comparable data are there for Costa Rica and Venezuela?
63 years are reported by both, from 1960 to 2023.
How do Costa Rica and Venezuela rank globally for merchandise exports to low- and middle-income economies in latin?
Costa Rica ranks 17th and Venezuela ranks 16th of 203 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Costa Rica vs Venezuela: Merchandise exports to low- and middle-income economies in Latin. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-in-latin-america-and-the-caribbean/costa-rica/venezuela-rb/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-in-latin-america-and-the-caribbean/costa-rica/venezuela-rb/">Costa Rica vs Venezuela: Merchandise exports to low- and middle-income economies in Latin</a> — Statizoid

About this data

Indicator
Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
250 places, 11,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.