Merchandise exports by the reporting economy (current US$) … annual in Venezuela
Venezuela: Merchandise exports by the reporting economy (current US$) … annual was 78.34 % change on previous year in 2023. ◆ Volatile
Merchandise exports by the reporting economy (current US$), annual in Venezuela, 1961–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for merchandise exports by the reporting economy (current us$), annual in Venezuela is 78.34 % change on previous year, measured in 2023.
The figure is up 60.6% on the previous year and up 2,884.5% over ten years.
Over the whole period, merchandise exports by the reporting economy (current us$), annual in Venezuela peaked at 124.93 % change on previous year in 1974 and was at its lowest, -68.66 % change on previous year, in 2020.
Venezuela ranks 4th of 206 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy (current US$) … annual in Venezuela, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -6.82 % change on previous year | — |
| 1962 | 9.89 % change on previous year | -245.2% |
| 1963 | 2.23 % change on previous year | -77.5% |
| 1964 | 6.64 % change on previous year | +197.7% |
| 1965 | 0.396 % change on previous year | -94.0% |
| 1966 | -0.8921 % change on previous year | -325.3% |
| 1967 | 3.94 % change on previous year | -541.3% |
| 1968 | 0.6974 % change on previous year | -82.3% |
| 1969 | 2.61 % change on previous year | +274.5% |
| 1970 | 9.35 % change on previous year | +258.1% |
| 1973 | 90.11 % change on previous year | +863.5% |
| 1974 | 124.93 % change on previous year | +38.6% |
| 1975 | -21.96 % change on previous year | -117.6% |
| 1976 | 3.66 % change on previous year | -116.7% |
| 1977 | 6.77 % change on previous year | +85.1% |
| 1978 | -6.18 % change on previous year | -191.2% |
| 1979 | 55.08 % change on previous year | -991.6% |
| 1980 | 32.46 % change on previous year | -41.1% |
| 1981 | 5.88 % change on previous year | -81.9% |
| 1982 | -11.6 % change on previous year | -297.1% |
| 1983 | -5.27 % change on previous year | -54.5% |
| 1984 | 3.54 % change on previous year | -167.1% |
| 1985 | 1.31 % change on previous year | -63.0% |
| 1986 | -47.28 % change on previous year | -3708.9% |
| 1987 | 3.3 % change on previous year | -107.0% |
| 1988 | 19.79 % change on previous year | +500.1% |
| 1989 | 29.12 % change on previous year | +47.2% |
| 1990 | 39.37 % change on previous year | +35.2% |
| 1991 | -10.1 % change on previous year | -125.7% |
| 1992 | -14.51 % change on previous year | +43.7% |
| 1993 | 8.98 % change on previous year | -161.9% |
| 1994 | 18.97 % change on previous year | +111.1% |
| 1995 | 14.42 % change on previous year | -24.0% |
| 1996 | 13.16 % change on previous year | -8.7% |
| 1997 | 1.13 % change on previous year | -91.4% |
| 1998 | -23.62 % change on previous year | -2196.3% |
| 1999 | -0.6456 % change on previous year | -97.3% |
| 2000 | 76.68 % change on previous year | -11975.9% |
| 2001 | -28.04 % change on previous year | -136.6% |
| 2002 | 1.11 % change on previous year | -104.0% |
| 2003 | -3.99 % change on previous year | -458.4% |
| 2004 | 39.81 % change on previous year | -1097.0% |
| 2005 | 51.49 % change on previous year | +29.3% |
| 2006 | 24.92 % change on previous year | -51.6% |
| 2007 | 16.93 % change on previous year | -32.1% |
| 2008 | 39.2 % change on previous year | +131.5% |
| 2009 | -36.02 % change on previous year | -191.9% |
| 2010 | 19.03 % change on previous year | -152.8% |
| 2011 | 36.66 % change on previous year | +92.7% |
| 2012 | -3.37 % change on previous year | -109.2% |
| 2013 | -2.81 % change on previous year | -16.5% |
| 2014 | -15.17 % change on previous year | +439.2% |
| 2015 | -50.35 % change on previous year | +231.9% |
| 2016 | -28.27 % change on previous year | -43.8% |
| 2017 | 22.54 % change on previous year | -179.7% |
| 2018 | 7.1 % change on previous year | -68.5% |
| 2019 | -53.5 % change on previous year | -853.5% |
| 2020 | -68.66 % change on previous year | +28.3% |
| 2021 | -39.81 % change on previous year | -42.0% |
| 2022 | 48.79 % change on previous year | -222.6% |
| 2023 | 78.34 % change on previous year | +60.6% |
Venezuela compared with similar countries
- Venezuela's 78.34 % change on previous year is above the median for lower middle income countries, which is -4.65 % change on previous year. (47 countries reporting)
- Venezuela's 78.34 % change on previous year is above the median for Latin America & Caribbean, which is -2.86 % change on previous year. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports by the reporting economy (current US$) … annual in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +11975.9% | -0.6456 % change on previous year | 76.68 % change on previous year |
| 1986 | -3708.9% | 1.31 % change on previous year | -47.28 % change on previous year |
| 1998 | -2196.3% | 1.13 % change on previous year | -23.62 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.08 % change on previous year | -6.82 % change on previous year | 9.89 % change on previous year | 9 |
| 1970s | 32.72 % change on previous year | -21.96 % change on previous year | 124.93 % change on previous year | 8 |
| 1980s | 3.13 % change on previous year | -47.28 % change on previous year | 32.46 % change on previous year | 10 |
| 1990s | 4.72 % change on previous year | -23.62 % change on previous year | 39.37 % change on previous year | 10 |
| 2000s | 18.21 % change on previous year | -36.02 % change on previous year | 76.68 % change on previous year | 10 |
| 2010s | -6.81 % change on previous year | -53.5 % change on previous year | 36.66 % change on previous year | 10 |
| 2020s | 4.67 % change on previous year | -68.66 % change on previous year | 78.34 % change on previous year | 4 |
Countries ranked near Venezuela
- 1 Dominica 303.25 % change on previous year compare
- 2 Saint Kitts and Nevis 120.76 % change on previous year compare
- 3 Gambia 101.35 % change on previous year compare
- 5 Democratic Republic of Congo 76.37 % change on previous year compare
- 6 Uganda 75.05 % change on previous year compare
- 7 Syria 59.71 % change on previous year compare
More private sector data for Venezuela
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Commercial service imports 5.95 billion current US$ (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Commercial service exports 1.12 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.58 current US$ per person (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy (current us$), annual in Venezuela?
- Merchandise exports by the reporting economy (current us$), annual in Venezuela was 78.34 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest merchandise exports by the reporting economy (current us$), annual recorded in Venezuela?
- The highest recorded value was 124.93 % change on previous year in 1974.
- What is the lowest merchandise exports by the reporting economy (current us$), annual recorded in Venezuela?
- The lowest recorded value was -68.66 % change on previous year in 2020.
- How does Venezuela rank for merchandise exports by the reporting economy (current us$), annual?
- Venezuela ranks 4th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy (current us$), annual rising or falling in Venezuela?
- Over the last ten years it is up 2,884.5%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Merchandise exports by the reporting economy (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Merchandise exports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Merchandise exports by the reporting economy Staff estimates, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Merchandise exports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.