OECD members vs Venezuela: Merchandise imports from low- and middle-income economies in Latin
Merchandise imports from low- and middle-income economies in Latin over time
- OECD members
- Venezuela
How they compare
Venezuela currently reports 27.1% against 6.2% in OECD members, a difference of 20.9%.
That makes Venezuela's figure about 4.4 times OECD members's.
The two have swapped places 1 time across 64 shared years of data; in 1960 it was OECD members ahead.
OECD members ranks 8th and Venezuela ranks 9th of 47 groups.
Across the 7 decades both report, OECD members averaged higher in 1 and Venezuela in 6.
Head to head by decade
| Decade | OECD members | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 5.8% | 2.5% | 3.3% | OECD members |
| 1970s | 4.2% | 6.5% | 2.3% | Venezuela |
| 1980s | 4.6% | 9.5% | 4.9% | Venezuela |
| 1990s | 4.4% | 16.6% | 12.2% | Venezuela |
| 2000s | 5.0% | 30.9% | 25.9% | Venezuela |
| 2010s | 5.7% | 30.7% | 25.1% | Venezuela |
| 2020s | 5.9% | 28.2% | 22.3% | 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, OECD members or Venezuela?
- Venezuela, at 27.1% against 6.2% in OECD members as of 2023.
- What is the difference in merchandise imports from low- and middle-income economies in latin between OECD members and Venezuela?
- 20.9%, with Venezuela ahead.
- How many years of comparable data are there for OECD members and Venezuela?
- 64 years are reported by both, from 1960 to 2023.
- How do OECD members and Venezuela rank globally for merchandise imports from low- and middle-income economies in latin?
- OECD members ranks 8th 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.