Middle East, North Africa, Afghanistan & Pakistan (excluding high income) vs Venezuela: External balance on goods and services

Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
-9.7%
in 2025
Venezuela
4.8%
in 2025
Middle East, North Africa, Afghanistan & Pakistan (excluding high income) rank
42nd
Venezuela rank
43rd

External balance on goods and services over time

  • Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
  • Venezuela
-2002040196019922025

How they compare

Venezuela currently reports 4.8% against -9.7% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), a difference of 14.5%.

The two have swapped places 10 times across 66 shared years of data; in 1960 it was Venezuela ahead.

Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 42nd and Venezuela ranks 43rd of 44 groups.

Across the 7 decades both report, Middle East, North Africa, Afghanistan & Pakistan (excluding high income) averaged higher in 1 and Venezuela in 6.

Head to head by decade

Decade Middle East, North Africa, Afghanistan & Pakistan (excluding high income) Venezuela Difference Ahead
1960s -2.9% 11.3% 14.1% Venezuela
1970s 0.8% 3.7% 2.9% Venezuela
1980s -8.0% 3.7% 11.7% Venezuela
1990s -4.5% 1.9% 6.4% Venezuela
2000s 1.2% 0.0% 1.2% Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
2010s -4.3% 16.2% 20.5% Venezuela
2020s -6.2% 4.4% 10.5% Venezuela

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Middle East, North Africa, Afghanistan & Pakistan (excluding high income) or Venezuela?
Venezuela, at 4.8% against -9.7% in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) as of 2025.
What is the difference in external balance on goods and services between Middle East, North Africa, Afghanistan & Pakistan (excluding high income) and Venezuela?
14.5%, with Venezuela ahead.
How many years of comparable data are there for Middle East, North Africa, Afghanistan & Pakistan (excluding high income) and Venezuela?
66 years are reported by both, from 1960 to 2025.
How do Middle East, North Africa, Afghanistan & Pakistan (excluding high income) and Venezuela rank globally for external balance on goods and services?
Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 42nd and Venezuela 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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Middle East, North Africa, Afghanistan & Pakistan (excluding high income) vs Venezuela: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 19 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-percent-of-gdp/middle-east-north-africa-afghanistan-and-pakistan-excluding-high-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.