Middle income vs Venezuela: Merchandise imports from low- and middle-income economies in Latin
Merchandise imports from low- and middle-income economies in Latin over time
- Middle income
- Venezuela
How they compare
Venezuela currently reports 27.1% against 6.0% in Middle income, a difference of 21.1%.
That makes Venezuela's figure about 4.5 times Middle income's.
The two have swapped places 5 times across 64 shared years of data; in 1960 it was Middle income ahead.
Middle income ranks 9th and Venezuela ranks 9th of 47 groups.
Across the 7 decades both report, Middle income averaged higher in 1 and Venezuela in 6.
Head to head by decade
| Decade | Middle income | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 3.2% | 2.5% | 0.6% | Middle income |
| 1970s | 4.3% | 6.5% | 2.2% | Venezuela |
| 1980s | 4.9% | 9.5% | 4.6% | Venezuela |
| 1990s | 4.6% | 16.6% | 12.0% | Venezuela |
| 2000s | 4.9% | 30.9% | 26.0% | Venezuela |
| 2010s | 5.4% | 30.7% | 25.4% | Venezuela |
| 2020s | 5.8% | 28.2% | 22.4% | 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, Middle income or Venezuela?
- Venezuela, at 27.1% against 6.0% in Middle income as of 2023.
- What is the difference in merchandise imports from low- and middle-income economies in latin between Middle income and Venezuela?
- 21.1%, with Venezuela ahead.
- How many years of comparable data are there for Middle income and Venezuela?
- 64 years are reported by both, from 1960 to 2023.
- How do Middle income and Venezuela rank globally for merchandise imports from low- and middle-income economies in latin?
- Middle income ranks 9th and Venezuela ranks 9th of 47 groups.
- 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.
Individual pages
About this data
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.