Venezuela vs World: Merchandise imports from low- and middle-income economies outside
Merchandise imports from low- and middle-income economies outside over time
- Venezuela
- World
How they compare
Venezuela currently reports 40.2% against 23.2% in World, a difference of 17.0%.
That makes Venezuela's figure about 1.7 times World's.
The two have swapped places 3 times across 64 shared years of data; in 1960 it was World ahead.
Venezuela ranks 29th and World ranks 30th of 206 countries.
Across the 7 decades both report, Venezuela averaged higher in 1 and World in 6.
Head to head by decade
| Decade | Venezuela | World | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1.0% | 15.0% | 14.0% | World |
| 1970s | 0.5% | 14.3% | 13.7% | World |
| 1980s | 0.6% | 12.7% | 12.1% | World |
| 1990s | 0.8% | 11.8% | 11.0% | World |
| 2000s | 6.2% | 16.7% | 10.5% | World |
| 2010s | 20.3% | 21.4% | 1.1% | World |
| 2020s | 40.5% | 23.0% | 17.5% | 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, Venezuela or World?
- Venezuela, at 40.2% against 23.2% in World as of 2023.
- What is the difference in merchandise imports from low- and middle-income economies outside between Venezuela and World?
- 17.0%, with Venezuela ahead.
- How many years of comparable data are there for Venezuela and World?
- 64 years are reported by both, from 1960 to 2023.
- How do Venezuela and World rank globally for merchandise imports from low- and middle-income economies outside?
- Venezuela ranks 29th and World ranks 30th of 206 countries.
- 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.