What is the highest merchandise imports by the reporting economy (current us$), per unit recorded in Venezuela, Bolivarian Republic of?

The highest recorded value was 0.2867 current US$ per US$ of GDP in 1978.

What is the lowest merchandise imports by the reporting economy (current us$), per unit recorded in Venezuela, Bolivarian Republic of?

The lowest recorded value was 0.0897 current US$ per US$ of GDP in 1983.

How does Venezuela, Bolivarian Republic of rank for merchandise imports by the reporting economy (current us$), per unit?

Venezuela, Bolivarian Republic of ranks 192nd out of 202 countries with data for 2023.

Is merchandise imports by the reporting economy (current us$), per unit rising or falling in Venezuela, Bolivarian Republic of?

Over the last ten years it is down 32.9%. The long-run trend across the full record is falling.

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

Name: Merchandise imports by the reporting economy (current US$), per unit in Venezuela, Bolivarian Republic of
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Venezuela, Bolivarian Republic of: Merchandise imports by the reporting economy (current US$), per unit was 0.1198 current US$ per US$ of GDP in 2023. ▼ Falling

Latest (2023)

0.1198 current US$ per US$ of GDP

Change on year

down 8.5%

World rank

192nd

of 202 countries

All-time high

0.2867 current US$ per US$ of GDP

in 1978

All-time low

0.0897 current US$ per US$ of GDP

in 1983

Years of data

1960–2023

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

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

Analysis

In 2023, merchandise imports by the reporting economy (current us$), per unit in Venezuela, Bolivarian Republic of stood at 0.1198 current US$ per US$ of GDP.

The figure is down 8.5% on the previous year and down 32.9% over ten years.

Over the whole period, merchandise imports by the reporting economy (current us$), per unit in Venezuela, Bolivarian Republic of peaked at 0.2867 current US$ per US$ of GDP in 1978 and was at its lowest, 0.0897 current US$ per US$ of GDP, in 1983.

That places Venezuela, Bolivarian Republic of 192nd out of 202 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 64 years of available data.

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

Annual values for Merchandise imports 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	0.1473 current US$ per US$ of GDP	—
1961	0.1315 current US$ per US$ of GDP	-10.8%
1962	0.1194 current US$ per US$ of GDP	-9.2%
1963	0.0967 current US$ per US$ of GDP	-19.0%
1964	0.15 current US$ per US$ of GDP	+55.1%
1965	0.1675 current US$ per US$ of GDP	+11.6%
1966	0.1487 current US$ per US$ of GDP	-11.2%
1967	0.1556 current US$ per US$ of GDP	+4.7%
1968	0.1658 current US$ per US$ of GDP	+6.6%
1969	0.1644 current US$ per US$ of GDP	-0.9%
1970	0.1648 current US$ per US$ of GDP	+0.2%
1971	0.1498 current US$ per US$ of GDP	-9.1%
1972	0.1612 current US$ per US$ of GDP	+7.7%
1973	0.1564 current US$ per US$ of GDP	-3.0%
1974	0.1535 current US$ per US$ of GDP	-1.8%
1975	0.2016 current US$ per US$ of GDP	+31.3%
1976	0.2125 current US$ per US$ of GDP	+5.4%
1977	0.2576 current US$ per US$ of GDP	+21.2%
1978	0.2867 current US$ per US$ of GDP	+11.3%
1979	0.2134 current US$ per US$ of GDP	-25.6%
1980	0.202 current US$ per US$ of GDP	-5.4%
1981	0.196 current US$ per US$ of GDP	-2.9%
1982	0.1841 current US$ per US$ of GDP	-6.1%
1983	0.0897 current US$ per US$ of GDP	-51.3%
1984	0.1237 current US$ per US$ of GDP	+37.8%
1985	0.1248 current US$ per US$ of GDP	+0.9%
1986	0.1341 current US$ per US$ of GDP	+7.5%
1987	0.1933 current US$ per US$ of GDP	+44.2%
1988	0.2038 current US$ per US$ of GDP	+5.4%
1989	0.1659 current US$ per US$ of GDP	-18.6%
1990	0.1344 current US$ per US$ of GDP	-19.0%
1991	0.2008 current US$ per US$ of GDP	+49.3%
1992	0.2178 current US$ per US$ of GDP	+8.5%
1993	0.2015 current US$ per US$ of GDP	-7.5%
1994	0.1353 current US$ per US$ of GDP	-32.8%
1995	0.1374 current US$ per US$ of GDP	+1.5%
1996	0.1243 current US$ per US$ of GDP	-9.5%
1997	0.1526 current US$ per US$ of GDP	+22.8%
1998	0.1548 current US$ per US$ of GDP	+1.4%
1999	0.1168 current US$ per US$ of GDP	-24.6%
2000	0.1303 current US$ per US$ of GDP	+11.6%
2001	0.1391 current US$ per US$ of GDP	+6.8%
2002	0.1311 current US$ per US$ of GDP	-5.8%
2003	0.0981 current US$ per US$ of GDP	-25.2%
2004	0.1307 current US$ per US$ of GDP	+33.3%
2005	0.1449 current US$ per US$ of GDP	+10.8%
2006	0.1606 current US$ per US$ of GDP	+10.9%
2007	0.1975 current US$ per US$ of GDP	+23.0%
2008	0.1542 current US$ per US$ of GDP	-21.9%
2009	0.1242 current US$ per US$ of GDP	-19.5%
2010	0.0945 current US$ per US$ of GDP	-23.9%
2011	0.1569 current US$ per US$ of GDP	+66.0%
2012	0.1592 current US$ per US$ of GDP	+1.5%
2013	0.1786 current US$ per US$ of GDP	+12.2%
2014	0.1991 current US$ per US$ of GDP	+11.5%
2015	0.2666 current US$ per US$ of GDP	+33.9%
2016	0.1545 current US$ per US$ of GDP	-42.0%
2017	0.1 current US$ per US$ of GDP	-35.3%
2018	0.1191 current US$ per US$ of GDP	+19.0%
2019	0.0936 current US$ per US$ of GDP	-21.4%
2020	0.1815 current US$ per US$ of GDP	+93.9%
2021	0.1562 current US$ per US$ of GDP	-14.0%
2022	0.131 current US$ per US$ of GDP	-16.1%
2023	0.1198 current US$ per US$ of GDP	-8.5%

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.1447 current US$ per US$ of GDP	0.0967 current US$ per US$ of GDP	0.1675 current US$ per US$ of GDP	10
1970s	0.1958 current US$ per US$ of GDP	0.1498 current US$ per US$ of GDP	0.2867 current US$ per US$ of GDP	10
1980s	0.1617 current US$ per US$ of GDP	0.0897 current US$ per US$ of GDP	0.2038 current US$ per US$ of GDP	10
1990s	0.1576 current US$ per US$ of GDP	0.1168 current US$ per US$ of GDP	0.2178 current US$ per US$ of GDP	10
2000s	0.1411 current US$ per US$ of GDP	0.0981 current US$ per US$ of GDP	0.1975 current US$ per US$ of GDP	10
2010s	0.1522 current US$ per US$ of GDP	0.0936 current US$ per US$ of GDP	0.2666 current US$ per US$ of GDP	10
2020s	0.1471 current US$ per US$ of GDP	0.1198 current US$ per US$ of GDP	0.1815 current US$ per US$ of GDP	4

Countries ranked near Venezuela, Bolivarian Republic of

189 Russian Federation 0.1281 current US$ per US$ of GDP compare
190 Ethiopia 0.1255 current US$ per US$ of GDP compare
191 Panama 0.1237 current US$ per US$ of GDP compare
193 Brazil 0.1163 current US$ per US$ of GDP compare
194 Iran, Islamic Republic of 0.1153 current US$ per US$ of GDP compare
195 Argentina 0.1121 current US$ per US$ of GDP compare

See the full ranking of 249 places →

More private sector data for Venezuela, Bolivarian Republic of

Merchandise trade 22.5% (2025)
Food imports 18.4% (2013)
Manufactures imports 70.7% (2013)
Merchandise imports 13.80 billion current US$ (2025)
Food exports 0.0% (2013)
Manufactures exports 1.8% (2013)
Merchandise exports 8.60 billion current US$ (2025)
Merchandise exports (current US$), per capita 301.58 current US$ per person (2025)
Merchandise exports (current US$), per unit of GDP 0.0863 current US$ per US$ of GDP (2025)
Merchandise exports (current US$), annual growth rate -40.13 % change on previous year (2025)

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is merchandise imports by the reporting economy (current us$), per unit in Venezuela, Bolivarian Republic of?: Merchandise imports by the reporting economy (current us$), per unit in Venezuela, Bolivarian Republic of was 0.1198 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest merchandise imports by the reporting economy (current us$), per unit recorded in Venezuela, Bolivarian Republic of?: The highest recorded value was 0.2867 current US$ per US$ of GDP in 1978.
What is the lowest merchandise imports by the reporting economy (current us$), per unit recorded in Venezuela, Bolivarian Republic of?: The lowest recorded value was 0.0897 current US$ per US$ of GDP in 1983.
How does Venezuela, Bolivarian Republic of rank for merchandise imports by the reporting economy (current us$), per unit?: Venezuela, Bolivarian Republic of ranks 192nd out of 202 countries with data for 2023.
Is merchandise imports by the reporting economy (current us$), per unit rising or falling in Venezuela, Bolivarian Republic of?: Over the last ten years it is down 32.9%. 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 imports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Merchandise imports 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-imports-by-the-reporting-economy-current-us-per-unit-of-gdp/venezuela-rb/

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How this figure is calculated

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

Computed from

Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
GDP Country official statistics, National Statistical Organizations and/or Central Banks

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 imports 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, 12,916 data points, 1960–2023
Last refreshed: 21 August 2026

Merchandise imports 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.