High income vs Venezuela: Merchandise imports from low- and middle-income economies outside

High income
23.3%
in 2023
Venezuela
40.2%
in 2023
High income rank
28th
Venezuela rank
29th

Merchandise imports from low- and middle-income economies outside over time

  • High income
  • Venezuela
010203040196019912023

How they compare

Venezuela currently reports 40.2% against 23.3% in High income, a difference of 16.9%.

That makes Venezuela's figure about 1.7 times High income's.

The two have swapped places 3 times across 64 shared years of data; in 1960 it was High income ahead.

High income ranks 28th and Venezuela ranks 29th of 47 groups.

Across the 7 decades both report, High income averaged higher in 6 and Venezuela in 1.

Head to head by decade

Decade High income Venezuela Difference Ahead
1960s 16.8% 1.0% 15.8% High income
1970s 15.4% 0.5% 14.9% High income
1980s 13.4% 0.6% 12.7% High income
1990s 12.7% 0.8% 11.9% High income
2000s 17.4% 6.2% 11.2% High income
2010s 21.4% 20.3% 1.1% High income
2020s 23.3% 40.5% 17.2% 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, High income or Venezuela?
Venezuela, at 40.2% against 23.3% in High income as of 2023.
What is the difference in merchandise imports from low- and middle-income economies outside between High income and Venezuela?
16.9%, with Venezuela ahead.
How many years of comparable data are there for High income and Venezuela?
64 years are reported by both, from 1960 to 2023.
How do High income and Venezuela rank globally for merchandise imports from low- and middle-income economies outside?
High income ranks 28th 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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High income vs Venezuela: Merchandise imports from low- and middle-income economies outside. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-outside-region-percent-of-total/high-income/venezuela-rb/

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About this data

Indicator
Merchandise imports from low- and middle-income economies outside region (% 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, 13,303 data points, 1960–2023
Last refreshed

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.