Merchandise imports by the reporting economy (current US$) … annual in Venezuela
Venezuela: Merchandise imports by the reporting economy (current US$) … annual was 5.21 % change on previous year in 2023. ◆ Volatile
Merchandise imports by the reporting economy (current US$), annual in Venezuela, 1961–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for merchandise imports by the reporting economy (current us$), annual in Venezuela is 5.21 % change on previous year, measured in 2023.
Compared with earlier readings it is down 83.7% on the previous year and up 123.7% over ten years.
Over the whole period, merchandise imports by the reporting economy (current us$), annual in Venezuela peaked at 79.21 % change on previous year in 2004 and was at its lowest, -51.39 % change on previous year, in 1983.
That places Venezuela 59th out of 206 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$) … annual in Venezuela, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -6.06 % change on previous year | — |
| 1962 | -0.7638 % change on previous year | -87.4% |
| 1963 | -11.7 % change on previous year | +1431.5% |
| 1964 | 32.27 % change on previous year | -375.9% |
| 1965 | 14.84 % change on previous year | -54.0% |
| 1966 | -7.51 % change on previous year | -150.6% |
| 1967 | 10.26 % change on previous year | -236.6% |
| 1968 | 15.61 % change on previous year | +52.2% |
| 1969 | 1.6 % change on previous year | -89.7% |
| 1970 | 12.68 % change on previous year | +690.3% |
| 1971 | 2.07 % change on previous year | -83.6% |
| 1972 | 15.87 % change on previous year | +665.4% |
| 1973 | 18.25 % change on previous year | +15.0% |
| 1974 | 50.39 % change on previous year | +176.1% |
| 1975 | 38.21 % change on previous year | -24.2% |
| 1976 | 20.55 % change on previous year | -46.2% |
| 1977 | 39.74 % change on previous year | +93.4% |
| 1978 | 20.82 % change on previous year | -47.6% |
| 1979 | -8.53 % change on previous year | -141.0% |
| 1980 | 15.81 % change on previous year | -285.5% |
| 1981 | 8.89 % change on previous year | -43.8% |
| 1982 | -4.09 % change on previous year | -146.0% |
| 1983 | -51.39 % change on previous year | +1156.2% |
| 1984 | 22.12 % change on previous year | -143.0% |
| 1985 | 4.44 % change on previous year | -79.9% |
| 1986 | 4.95 % change on previous year | +11.4% |
| 1987 | 14.44 % change on previous year | +191.6% |
| 1988 | 32.17 % change on previous year | +122.9% |
| 1989 | -41.14 % change on previous year | -227.9% |
| 1990 | -9.56 % change on previous year | -76.8% |
| 1991 | 64.24 % change on previous year | -771.8% |
| 1992 | 22.64 % change on previous year | -64.8% |
| 1993 | -8.07 % change on previous year | -135.7% |
| 1994 | -34.64 % change on previous year | +329.0% |
| 1995 | 34.45 % change on previous year | -199.4% |
| 1996 | -17.54 % change on previous year | -150.9% |
| 1997 | 49.47 % change on previous year | -382.0% |
| 1998 | 7.94 % change on previous year | -84.0% |
| 1999 | -19.11 % change on previous year | -340.8% |
| 2000 | 33.41 % change on previous year | -274.8% |
| 2001 | 12.07 % change on previous year | -63.9% |
| 2002 | -28.77 % change on previous year | -338.4% |
| 2003 | -32.66 % change on previous year | +13.5% |
| 2004 | 79.21 % change on previous year | -342.5% |
| 2005 | 43.39 % change on previous year | -45.2% |
| 2006 | 39.78 % change on previous year | -8.3% |
| 2007 | 54.37 % change on previous year | +36.7% |
| 2008 | 7.11 % change on previous year | -86.9% |
| 2009 | -15.95 % change on previous year | -324.4% |
| 2010 | -9.25 % change on previous year | -42.0% |
| 2011 | 33.64 % change on previous year | -463.6% |
| 2012 | 19.2 % change on previous year | -42.9% |
| 2013 | -21.99 % change on previous year | -214.5% |
| 2014 | -7.36 % change on previous year | -66.5% |
| 2015 | -21.95 % change on previous year | +198.2% |
| 2016 | -47.73 % change on previous year | +117.5% |
| 2017 | -33.57 % change on previous year | -29.7% |
| 2018 | 4.77 % change on previous year | -114.2% |
| 2019 | -43.73 % change on previous year | -1017.7% |
| 2020 | 13.76 % change on previous year | -131.5% |
| 2021 | 13.71 % change on previous year | -0.4% |
| 2022 | 31.88 % change on previous year | +132.6% |
| 2023 | 5.21 % change on previous year | -83.7% |
Venezuela compared with similar countries
- Venezuela's 5.21 % change on previous year is above the median for lower middle income countries, which is -2.55 % change on previous year. (47 countries reporting)
- Venezuela's 5.21 % change on previous year is above the median for Latin America & Caribbean, which is -1.36 % change on previous year. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports by the reporting economy (current US$) … annual in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1963 | -1431.5% | -0.7638 % change on previous year | -11.7 % change on previous year |
| 1983 | -1156.2% | -4.09 % change on previous year | -51.39 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.39 % change on previous year | -11.7 % change on previous year | 32.27 % change on previous year | 9 |
| 1970s | 21 % change on previous year | -8.53 % change on previous year | 50.39 % change on previous year | 10 |
| 1980s | 0.6211 % change on previous year | -51.39 % change on previous year | 32.17 % change on previous year | 10 |
| 1990s | 8.98 % change on previous year | -34.64 % change on previous year | 64.24 % change on previous year | 10 |
| 2000s | 19.2 % change on previous year | -32.66 % change on previous year | 79.21 % change on previous year | 10 |
| 2010s | -12.8 % change on previous year | -47.73 % change on previous year | 33.64 % change on previous year | 10 |
| 2020s | 16.14 % change on previous year | 5.21 % change on previous year | 31.88 % change on previous year | 4 |
Countries ranked near Venezuela
- 56 Mongolia 6.22 % change on previous year compare
- 57 Cote d'Ivoire 6.2 % change on previous year compare
- 58 Guinea 5.97 % change on previous year compare
- 60 Costa Rica 5.2 % change on previous year compare
- 61 Solomon Islands 5.15 % change on previous year compare
- 62 Algeria 5.09 % change on previous year compare
More private sector data for Venezuela
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (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 imports by the reporting economy (current us$), annual in Venezuela?
- Merchandise imports by the reporting economy (current us$), annual in Venezuela was 5.21 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest merchandise imports by the reporting economy (current us$), annual recorded in Venezuela?
- The highest recorded value was 79.21 % change on previous year in 2004.
- What is the lowest merchandise imports by the reporting economy (current us$), annual recorded in Venezuela?
- The lowest recorded value was -51.39 % change on previous year in 1983.
- How does Venezuela rank for merchandise imports by the reporting economy (current us$), annual?
- Venezuela ranks 59th out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy (current us$), annual rising or falling in Venezuela?
- Over the last ten years it is up 123.7%. 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 imports by the reporting economy (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Merchandise imports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Merchandise imports 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 imports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.