Low income vs Venezuela, Bolivarian Republic of: External balance on goods and services

Low income
-10.3%
in 2025
Venezuela, Bolivarian Republic of
4.8%
in 2025
Low income rank
43rd
Venezuela, Bolivarian Republic of rank
43rd

External balance on goods and services over time

  • Low income
  • Venezuela, Bolivarian Republic of
-2002040196019922025

How they compare

Venezuela, Bolivarian Republic of currently reports 4.8% against -10.3% in Low income, a difference of 15.1%.

Across all 32 years both countries report, Venezuela, Bolivarian Republic of has been ahead every year.

Low income ranks 43rd 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 Low income Venezuela, Bolivarian Republic of Difference Ahead
1990s -8.2% 0.0% 8.2% Venezuela, Bolivarian Republic of
2000s -5.4% 0.0% 5.4% Venezuela, Bolivarian Republic of
2010s -12.7% 16.2% 28.9% Venezuela, Bolivarian Republic of
2020s -12.2% 4.4% 16.6% 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, Low income or Venezuela, Bolivarian Republic of?
Venezuela, Bolivarian Republic of, at 4.8% against -10.3% in Low income as of 2025.
What is the difference in external balance on goods and services between Low income and Venezuela, Bolivarian Republic of?
15.1%, with Venezuela, Bolivarian Republic of ahead.
How many years of comparable data are there for Low income and Venezuela, Bolivarian Republic of?
32 years are reported by both, from 1994 to 2025.
How do Low income and Venezuela, Bolivarian Republic of rank globally for external balance on goods and services?
Low income ranks 43rd 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.

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Low income vs Venezuela, Bolivarian Republic of: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/low-income/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.