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

High income
5.0%
in 2023
Venezuela
22.8%
in 2023
High income rank
13th
Venezuela rank
16th

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

  • High income
  • Venezuela
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How they compare

Venezuela currently reports 22.8% against 5.0% in High income, a difference of 17.8%.

That makes Venezuela's figure about 4.5 times High income's.

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

High income ranks 13th 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 High income Venezuela Difference Ahead
1960s 5.5% 8.0% 2.5% Venezuela
1970s 4.5% 11.2% 6.6% Venezuela
1980s 3.6% 13.8% 10.2% Venezuela
1990s 4.1% 20.8% 16.7% Venezuela
2000s 4.0% 16.2% 12.2% Venezuela
2010s 4.8% 9.4% 4.7% 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, High income or Venezuela?
Venezuela, at 22.8% against 5.0% in High income as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in latin between High income and Venezuela?
17.8%, with Venezuela ahead.
How many years of comparable data are there for High income and Venezuela?
63 years are reported by both, from 1960 to 2023.
How do High income and Venezuela rank globally for merchandise exports to low- and middle-income economies in latin?
High income ranks 13th 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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High income 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/high-income/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.