Burkina Faso vs Venezuela: External balance on goods and services

Burkina Faso
5.0%
in 2025
Venezuela
4.8%
in 2025
Burkina Faso rank
42nd
Venezuela rank
43rd

External balance on goods and services over time

  • Burkina Faso
  • Venezuela
-2002040196019922025

How they compare

Burkina Faso currently reports 5.0% against 4.8% in Venezuela, a difference of 0.2%.

The two have swapped places 3 times across 66 shared years of data; in 1960 it was Venezuela ahead.

Burkina Faso ranks 42nd and Venezuela ranks 43rd of 193 countries.

Venezuela has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Burkina Faso Venezuela Difference Ahead
1960s -9.2% 11.3% 20.5% Venezuela
1970s -17.8% 3.7% 21.5% Venezuela
1980s -19.6% 3.7% 23.3% Venezuela
1990s -13.9% 1.9% 15.7% Venezuela
2000s -13.9% 0.0% 13.9% Venezuela
2010s -6.2% 16.2% 22.4% Venezuela
2020s -0.5% 4.4% 4.8% Venezuela

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Burkina Faso or Venezuela?
Burkina Faso, at 5.0% against 4.8% in Venezuela as of 2025.
What is the difference in external balance on goods and services between Burkina Faso and Venezuela?
0.2%, with Burkina Faso ahead.
How many years of comparable data are there for Burkina Faso and Venezuela?
66 years are reported by both, from 1960 to 2025.
How do Burkina Faso and Venezuela rank globally for external balance on goods and services?
Burkina Faso ranks 42nd and Venezuela ranks 43rd of 193 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Burkina Faso vs Venezuela: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 18 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/burkina-faso/venezuela-rb/

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About this data

Indicator
External balance on goods and services (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
237 places, 11,345 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.