Low & middle income vs Venezuela: Merchandise imports from low- and middle-income economies outside
Merchandise imports from low- and middle-income economies outside over time
- Low & middle income
- Venezuela
How they compare
Venezuela currently reports 40.2% against 22.9% in Low & middle income, a difference of 17.3%.
That makes Venezuela's figure about 1.8 times Low & middle income's.
The two have swapped places 1 time across 64 shared years of data; in 1960 it was Low & middle income ahead.
Low & middle income ranks 31st and Venezuela ranks 29th of 47 groups.
Across the 7 decades both report, Low & middle income averaged higher in 6 and Venezuela in 1.
Head to head by decade
| Decade | Low & middle income | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 5.8% | 1.0% | 4.8% | Low & middle income |
| 1970s | 7.5% | 0.5% | 6.9% | Low & middle income |
| 1980s | 9.1% | 0.6% | 8.5% | Low & middle income |
| 1990s | 7.2% | 0.8% | 6.5% | Low & middle income |
| 2000s | 13.9% | 6.2% | 7.7% | Low & middle income |
| 2010s | 21.3% | 20.3% | 1.0% | Low & middle income |
| 2020s | 22.4% | 40.5% | 18.1% | 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, Low & middle income or Venezuela?
- Venezuela, at 40.2% against 22.9% in Low & middle income as of 2023.
- What is the difference in merchandise imports from low- and middle-income economies outside between Low & middle income and Venezuela?
- 17.3%, with Venezuela ahead.
- How many years of comparable data are there for Low & middle income and Venezuela?
- 64 years are reported by both, from 1960 to 2023.
- How do Low & middle income and Venezuela rank globally for merchandise imports from low- and middle-income economies outside?
- Low & middle income ranks 31st 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.
Individual pages
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.