Merchandise exports by the reporting economy (current US$), per unit in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Merchandise exports by the reporting economy (current US$), per unit was 0.072 current US$ per US$ of GDP in 2023. ▼ Falling

Latest (2023)
0.072 current US$ per US$ of GDP
Change on year
up 55.1%
World rank
162nd
of 202 countries
All-time high
0.3272 current US$ per US$ of GDP
in 1974
All-time low
0.0464 current US$ per US$ of GDP
in 2022
Years of data
63
1960–2023

Merchandise exports by the reporting economy (current US$), per unit in Venezuela, Bolivarian Republic of, 1960–2023

00.10.20.3196019912023

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

Venezuela, Bolivarian Republic of recorded 0.072 current US$ per US$ of GDP for merchandise exports by the reporting economy (current us$), per unit in 2023.

The figure is up 55.1% on the previous year and down 76.7% over ten years.

Over the whole period, merchandise exports by the reporting economy (current us$), per unit in Venezuela, Bolivarian Republic of peaked at 0.3272 current US$ per US$ of GDP in 1974 and was at its lowest, 0.0464 current US$ per US$ of GDP, in 2022.

Venezuela, Bolivarian Republic of ranks 162nd of 202 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 63 years of available data.

Merchandise exports by the reporting economy (current US$), per unit in Venezuela, Bolivarian Republic of, year by year

Annual values for Merchandise exports by the reporting economy (current US$), per unit of GDP in Venezuela, Bolivarian Republic of, 1960 to 2023.
Year current US$ per US$ of GDP Change
1960 0.2479 current US$ per US$ of GDP
1961 0.2195 current US$ per US$ of GDP -11.5%
1962 0.2208 current US$ per US$ of GDP +0.6%
1963 0.207 current US$ per US$ of GDP -6.2%
1964 0.2589 current US$ per US$ of GDP +25.1%
1965 0.2527 current US$ per US$ of GDP -2.4%
1966 0.2404 current US$ per US$ of GDP -4.9%
1967 0.2372 current US$ per US$ of GDP -1.3%
1968 0.2202 current US$ per US$ of GDP -7.2%
1969 0.2204 current US$ per US$ of GDP +0.1%
1970 0.2144 current US$ per US$ of GDP -2.7%
1972 0.1429 current US$ per US$ of GDP -33.3%
1973 0.2229 current US$ per US$ of GDP +56.0%
1974 0.3272 current US$ per US$ of GDP +46.8%
1975 0.2427 current US$ per US$ of GDP -25.8%
1976 0.2199 current US$ per US$ of GDP -9.4%
1977 0.2037 current US$ per US$ of GDP -7.4%
1978 0.1761 current US$ per US$ of GDP -13.6%
1979 0.2222 current US$ per US$ of GDP +26.2%
1980 0.2405 current US$ per US$ of GDP +8.2%
1981 0.227 current US$ per US$ of GDP -5.6%
1982 0.1965 current US$ per US$ of GDP -13.4%
1983 0.1866 current US$ per US$ of GDP -5.0%
1984 0.218 current US$ per US$ of GDP +16.8%
1985 0.2134 current US$ per US$ of GDP -2.1%
1986 0.1152 current US$ per US$ of GDP -46.0%
1987 0.1499 current US$ per US$ of GDP +30.2%
1988 0.1432 current US$ per US$ of GDP -4.5%
1989 0.2559 current US$ per US$ of GDP +78.6%
1990 0.3194 current US$ per US$ of GDP +24.8%
1991 0.2611 current US$ per US$ of GDP -18.2%
1992 0.1975 current US$ per US$ of GDP -24.4%
1993 0.2166 current US$ per US$ of GDP +9.7%
1994 0.2648 current US$ per US$ of GDP +22.3%
1995 0.2287 current US$ per US$ of GDP -13.6%
1996 0.284 current US$ per US$ of GDP +24.1%
1997 0.236 current US$ per US$ of GDP -16.9%
1998 0.1694 current US$ per US$ of GDP -28.2%
1999 0.1569 current US$ per US$ of GDP -7.4%
2000 0.2319 current US$ per US$ of GDP +47.8%
2001 0.159 current US$ per US$ of GDP -31.4%
2002 0.2127 current US$ per US$ of GDP +33.8%
2003 0.2269 current US$ per US$ of GDP +6.7%
2004 0.2359 current US$ per US$ of GDP +4.0%
2005 0.2762 current US$ per US$ of GDP +17.1%
2006 0.2736 current US$ per US$ of GDP -0.9%
2007 0.2548 current US$ per US$ of GDP -6.9%
2008 0.2586 current US$ per US$ of GDP +1.5%
2009 0.1585 current US$ per US$ of GDP -38.7%
2010 0.1582 current US$ per US$ of GDP -0.2%
2011 0.2687 current US$ per US$ of GDP +69.8%
2012 0.2209 current US$ per US$ of GDP -17.8%
2013 0.3089 current US$ per US$ of GDP +39.8%
2014 0.3153 current US$ per US$ of GDP +2.1%
2015 0.2685 current US$ per US$ of GDP -14.8%
2016 0.2136 current US$ per US$ of GDP -20.5%
2017 0.2551 current US$ per US$ of GDP +19.4%
2018 0.3104 current US$ per US$ of GDP +21.7%
2019 0.2016 current US$ per US$ of GDP -35.0%
2020 0.1077 current US$ per US$ of GDP -46.6%
2021 0.0491 current US$ per US$ of GDP -54.5%
2022 0.0464 current US$ per US$ of GDP -5.4%
2023 0.072 current US$ per US$ of GDP +55.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.2325 current US$ per US$ of GDP 0.207 current US$ per US$ of GDP 0.2589 current US$ per US$ of GDP 10
1970s 0.2191 current US$ per US$ of GDP 0.1429 current US$ per US$ of GDP 0.3272 current US$ per US$ of GDP 9
1980s 0.1946 current US$ per US$ of GDP 0.1152 current US$ per US$ of GDP 0.2559 current US$ per US$ of GDP 10
1990s 0.2334 current US$ per US$ of GDP 0.1569 current US$ per US$ of GDP 0.3194 current US$ per US$ of GDP 10
2000s 0.2288 current US$ per US$ of GDP 0.1585 current US$ per US$ of GDP 0.2762 current US$ per US$ of GDP 10
2010s 0.2521 current US$ per US$ of GDP 0.1582 current US$ per US$ of GDP 0.3153 current US$ per US$ of GDP 10
2020s 0.0688 current US$ per US$ of GDP 0.0464 current US$ per US$ of GDP 0.1077 current US$ per US$ of GDP 4

Countries ranked near Venezuela, Bolivarian Republic of

  1. 159 Syrian Arab Republic 0.0789 current US$ per US$ of GDP compare
  2. 160 United States of America 0.0725 current US$ per US$ of GDP compare
  3. 161 Malawi 0.0722 current US$ per US$ of GDP compare
  4. 163 Bahamas 0.0712 current US$ per US$ of GDP compare
  5. 164 Cape Verde 0.0682 current US$ per US$ of GDP compare
  6. 165 Kenya 0.0661 current US$ per US$ of GDP compare

See the full ranking of 249 places →

More private sector data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is merchandise exports by the reporting economy (current us$), per unit in Venezuela, Bolivarian Republic of?
Merchandise exports by the reporting economy (current us$), per unit in Venezuela, Bolivarian Republic of was 0.072 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 0.3272 current US$ per US$ of GDP in 1974.
What is the lowest merchandise exports by the reporting economy (current us$), per unit recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 0.0464 current US$ per US$ of GDP in 2022.
How does Venezuela, Bolivarian Republic of rank for merchandise exports by the reporting economy (current us$), per unit?
Venezuela, Bolivarian Republic of ranks 162nd out of 202 countries with data for 2023.
Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is down 76.7%. The long-run trend across the full record is falling.
Where does this Venezuela, Bolivarian Republic of data come from?
The figures come from Statizoid (derived), published as part of Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Merchandise exports by the reporting economy (current US$), per unit in Venezuela, Bolivarian Republic of. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us-per-unit-of-gdp/venezuela-rb/

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How this figure is calculated

Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Merchandise exports by the reporting economy (current US$) ÷ GDP (current US$)

Computed from

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

Indicator
Merchandise exports by the reporting economy (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
249 places, 12,888 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.