IDA & IBRD total vs Venezuela: Merchandise exports to low- and middle-income economies in Latin

IDA & IBRD total
4.9%
in 2023
Venezuela
22.8%
in 2023
IDA & IBRD total rank
16th
Venezuela rank
16th

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

  • IDA & IBRD total
  • Venezuela
0102030196019912023

How they compare

Venezuela currently reports 22.8% against 4.9% in IDA & IBRD total, a difference of 17.9%.

That makes Venezuela's figure about 4.6 times IDA & IBRD total's.

Across all 63 years both countries report, Venezuela has been ahead every year.

IDA & IBRD total ranks 16th 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 IDA & IBRD total Venezuela Difference Ahead
1960s 3.9% 8.0% 4.1% Venezuela
1970s 5.2% 11.2% 6.0% Venezuela
1980s 4.9% 13.8% 8.8% Venezuela
1990s 4.6% 20.8% 16.2% Venezuela
2000s 4.0% 16.2% 12.2% Venezuela
2010s 4.5% 9.4% 4.9% Venezuela
2020s 4.6% 17.8% 13.2% 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, IDA & IBRD total or Venezuela?
Venezuela, at 22.8% against 4.9% in IDA & IBRD total as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in latin between IDA & IBRD total and Venezuela?
17.9%, with Venezuela ahead.
How many years of comparable data are there for IDA & IBRD total and Venezuela?
63 years are reported by both, from 1960 to 2023.
How do IDA & IBRD total and Venezuela rank globally for merchandise exports to low- and middle-income economies in latin?
IDA & IBRD total ranks 16th 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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IDA & IBRD total 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/ida-and-ibrd-total/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.