Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) vs Venezuela: External balance on goods and services
External balance on goods and services over time
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD)
- Venezuela
How they compare
Venezuela currently reports 4.8% against -9.6% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD), a difference of 14.4%.
The two have swapped places 8 times across 66 shared years of data; in 1960 it was Venezuela ahead.
Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 41st and Venezuela ranks 43rd of 44 groups.
Across the 7 decades both report, Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) averaged higher in 1 and Venezuela in 6.
Head to head by decade
| Decade | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -2.5% | 11.3% | 13.8% | Venezuela |
| 1970s | 1.2% | 3.7% | 2.5% | Venezuela |
| 1980s | -7.6% | 3.7% | 11.3% | Venezuela |
| 1990s | -4.0% | 1.9% | 5.9% | Venezuela |
| 2000s | 1.5% | 0.0% | 1.5% | Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) |
| 2010s | -4.0% | 16.2% | 20.2% | Venezuela |
| 2020s | -5.9% | 4.4% | 10.3% | 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 (IDA & IBRD) or Venezuela?
- Venezuela, at 4.8% against -9.6% in Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) as of 2025.
- What is the difference in external balance on goods and services between Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) and Venezuela?
- 14.4%, with Venezuela ahead.
- How many years of comparable data are there for Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) and Venezuela?
- 66 years are reported by both, from 1960 to 2025.
- How do Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) and Venezuela rank globally for external balance on goods and services?
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) ranks 41st 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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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.