Europe & Central Asia (excluding high income) vs Venezuela: Merchandise imports from low- and middle-income economies outside
Merchandise imports from low- and middle-income economies outside over time
- Europe & Central Asia (excluding high income)
- Venezuela
How they compare
Venezuela currently reports 40.2% against 25.8% in Europe & Central Asia (excluding high income), a difference of 14.4%.
That makes Venezuela's figure about 1.6 times Europe & Central Asia (excluding high income)'s.
The two have swapped places 3 times across 64 shared years of data; in 1960 it was Europe & Central Asia (excluding high income) ahead.
Europe & Central Asia (excluding high income) ranks 26th and Venezuela ranks 29th of 47 groups.
Across the 7 decades both report, Europe & Central Asia (excluding high income) averaged higher in 6 and Venezuela in 1.
Head to head by decade
| Decade | Europe & Central Asia (excluding high income) | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 5.6% | 1.0% | 4.6% | Europe & Central Asia (excluding high income) |
| 1970s | 16.3% | 0.5% | 15.7% | Europe & Central Asia (excluding high income) |
| 1980s | 32.5% | 0.6% | 31.8% | Europe & Central Asia (excluding high income) |
| 1990s | 9.5% | 0.8% | 8.7% | Europe & Central Asia (excluding high income) |
| 2000s | 14.2% | 6.2% | 7.9% | Europe & Central Asia (excluding high income) |
| 2010s | 21.4% | 20.3% | 1.1% | Europe & Central Asia (excluding high income) |
| 2020s | 24.2% | 40.5% | 16.3% | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise imports from low- and middle-income economies outside, Europe & Central Asia (excluding high income) or Venezuela?
- Venezuela, at 40.2% against 25.8% in Europe & Central Asia (excluding high income) as of 2023.
- What is the difference in merchandise imports from low- and middle-income economies outside between Europe & Central Asia (excluding high income) and Venezuela?
- 14.4%, with Venezuela ahead.
- How many years of comparable data are there for Europe & Central Asia (excluding high income) and Venezuela?
- 64 years are reported by both, from 1960 to 2023.
- How do Europe & Central Asia (excluding high income) and Venezuela rank globally for merchandise imports from low- and middle-income economies outside?
- Europe & Central Asia (excluding high income) ranks 26th and Venezuela ranks 29th of 47 groups.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.