IDA only vs Venezuela, Bolivarian Republic of: External balance on goods and services
External balance on goods and services over time
- IDA only
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 4.8% against -8.4% in IDA only, a difference of 13.2%.
Across all 36 years both countries report, Venezuela, Bolivarian Republic of has been ahead every year.
IDA only ranks 40th and Venezuela, Bolivarian Republic of ranks 43rd of 44 groups.
Venezuela, Bolivarian Republic of has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | IDA only | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -9.1% | 1.9% | 11.0% | Venezuela, Bolivarian Republic of |
| 2000s | -8.0% | 0.0% | 8.0% | Venezuela, Bolivarian Republic of |
| 2010s | -10.9% | 16.2% | 27.1% | Venezuela, Bolivarian Republic of |
| 2020s | -9.6% | 4.4% | 14.0% | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, IDA only or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 4.8% against -8.4% in IDA only as of 2025.
- What is the difference in external balance on goods and services between IDA only and Venezuela, Bolivarian Republic of?
- 13.2%, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for IDA only and Venezuela, Bolivarian Republic of?
- 36 years are reported by both, from 1990 to 2025.
- How do IDA only and Venezuela, Bolivarian Republic of rank globally for external balance on goods and services?
- IDA only ranks 40th and Venezuela, Bolivarian Republic of ranks 43rd of 44 groups.
- 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.
Individual pages
About this data
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.