Guatemala vs Venezuela: Merchandise imports from low- and middle-income economies in Latin

Guatemala
29.2%
in 2023
Venezuela
27.1%
in 2023
Guatemala rank
8th
Venezuela rank
9th

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

  • Guatemala
  • Venezuela
010203040196019912023

How they compare

Guatemala currently reports 29.2% against 27.1% in Venezuela, a difference of 2.1%.

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

The two have swapped places 6 times across 64 shared years of data; in 1960 it was Guatemala ahead.

Guatemala ranks 8th and Venezuela ranks 9th of 206 countries.

Across the 7 decades both report, Guatemala averaged higher in 5 and Venezuela in 2.

Head to head by decade

Decade Guatemala Venezuela Difference Ahead
1960s 16.1% 2.5% 13.5% Guatemala
1970s 23.5% 6.5% 17.0% Guatemala
1980s 23.5% 9.5% 14.0% Guatemala
1990s 23.4% 16.6% 6.8% Guatemala
2000s 26.4% 30.9% 4.5% Venezuela
2010s 28.8% 30.7% 1.9% Venezuela
2020s 28.7% 28.2% 0.5% Guatemala

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, Guatemala or Venezuela?
Guatemala, at 29.2% against 27.1% in Venezuela as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in latin between Guatemala and Venezuela?
2.1%, with Guatemala ahead.
How many years of comparable data are there for Guatemala and Venezuela?
64 years are reported by both, from 1960 to 2023.
How do Guatemala and Venezuela rank globally for merchandise imports from low- and middle-income economies in latin?
Guatemala ranks 8th 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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Guatemala vs Venezuela: Merchandise imports from low- and middle-income economies in Latin. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-in-latin-america-and-the/guatemala/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.