Belize vs Venezuela: Merchandise imports from low- and middle-income economies … Latin

Belize
24.6%
in 2023
Venezuela
27.1%
in 2023
Belize rank
12th
Venezuela rank
9th

Merchandise imports from low- and middle-income economies … Latin over time

  • Belize
  • Venezuela
010203040196019912023

How they compare

Venezuela currently reports 27.1% against 24.6% in Belize, a difference of 2.5%.

That makes Venezuela's figure about 1.1 times Belize's.

The two have swapped places 5 times across 60 shared years of data; in 1963 it was Belize ahead.

Belize ranks 12th and Venezuela ranks 9th of 206 countries.

Across the 7 decades both report, Belize averaged higher in 4 and Venezuela in 3.

Head to head by decade

Decade Belize Venezuela Difference Ahead
1960s 9.5% 2.7% 6.8% Belize
1970s 13.8% 6.5% 7.3% Belize
1980s 16.1% 9.7% 6.4% Belize
1990s 19.8% 16.6% 3.2% Belize
2000s 26.3% 30.9% 4.5% Venezuela
2010s 25.1% 30.7% 5.6% Venezuela
2020s 26.5% 28.2% 1.7% Venezuela

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports from low- and middle-income economies in latin, Belize or Venezuela?
Venezuela, at 27.1% against 24.6% in Belize as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in latin between Belize and Venezuela?
2.5%, with Venezuela ahead.
How many years of comparable data are there for Belize and Venezuela?
60 years are reported by both, from 1963 to 2023.
How do Belize and Venezuela rank globally for merchandise imports from low- and middle-income economies in latin?
Belize ranks 12th and Venezuela ranks 9th of 206 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belize vs Venezuela: Merchandise imports from low- and middle-income economies in Latin. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 08 November 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-in-latin-america-and-the/belize/venezuela-rb/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,628 data points, 1960–2023
Last refreshed

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