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

Paraguay
33.5%
in 2023
Venezuela
27.1%
in 2023
Paraguay rank
6th
Venezuela rank
9th

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

  • Paraguay
  • Venezuela
0204060196019912023

How they compare

Paraguay currently reports 33.5% against 27.1% in Venezuela, a difference of 6.4%.

That makes Paraguay's figure about 1.2 times Venezuela's.

Across all 64 years both countries report, Paraguay has been ahead every year.

Paraguay ranks 6th and Venezuela ranks 9th of 206 countries.

Paraguay has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Paraguay Venezuela Difference Ahead
1960s 26.1% 2.5% 23.5% Paraguay
1970s 37.7% 6.5% 31.2% Paraguay
1980s 46.3% 9.5% 36.8% Paraguay
1990s 42.6% 16.6% 26.0% Paraguay
2000s 48.6% 30.9% 17.7% Paraguay
2010s 40.7% 30.7% 10.0% Paraguay
2020s 34.5% 28.2% 6.3% Paraguay

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, Paraguay or Venezuela?
Paraguay, at 33.5% against 27.1% in Venezuela as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in latin between Paraguay and Venezuela?
6.4%, with Paraguay ahead.
How many years of comparable data are there for Paraguay and Venezuela?
64 years are reported by both, from 1960 to 2023.
How do Paraguay and Venezuela rank globally for merchandise imports from low- and middle-income economies in latin?
Paraguay ranks 6th 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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Paraguay 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/paraguay/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.