Heavily indebted poor countries (HIPC) vs Venezuela: Merchandise exports to low- and middle-income economies in Latin

Heavily indebted poor countries (HIPC)
4.4%
in 2023
Venezuela
22.8%
in 2023
Heavily indebted poor countries (HIPC) rank
18th
Venezuela rank
16th

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

  • Heavily indebted poor countries (HIPC)
  • Venezuela
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How they compare

Venezuela currently reports 22.8% against 4.4% in Heavily indebted poor countries (HIPC), a difference of 18.4%.

That makes Venezuela's figure about 5.1 times Heavily indebted poor countries (HIPC)'s.

The two have swapped places 2 times across 63 shared years of data; in 1960 it was Venezuela ahead.

Heavily indebted poor countries (HIPC) ranks 18th and Venezuela ranks 16th of 47 groups.

Venezuela has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Heavily indebted poor countries (HIPC) Venezuela Difference Ahead
1960s 1.6% 8.0% 6.5% Venezuela
1970s 3.7% 11.2% 7.4% Venezuela
1980s 4.1% 13.8% 9.7% Venezuela
1990s 4.4% 20.8% 16.3% Venezuela
2000s 5.9% 16.2% 10.3% Venezuela
2010s 6.6% 9.4% 2.8% Venezuela
2020s 4.7% 17.8% 13.1% Venezuela

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, Heavily indebted poor countries (HIPC) or Venezuela?
Venezuela, at 22.8% against 4.4% in Heavily indebted poor countries (HIPC) as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in latin between Heavily indebted poor countries (HIPC) and Venezuela?
18.4%, with Venezuela ahead.
How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Venezuela?
63 years are reported by both, from 1960 to 2023.
How do Heavily indebted poor countries (HIPC) and Venezuela rank globally for merchandise exports to low- and middle-income economies in latin?
Heavily indebted poor countries (HIPC) ranks 18th and Venezuela ranks 16th of 47 groups.
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.

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Heavily indebted poor countries (HIPC) 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/heavily-indebted-poor-countries-hipc/venezuela-rb/

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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.