Uruguay vs Venezuela, Bolivarian Republic of: External balance on goods and services
External balance on goods and services over time
- Uruguay
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 4.8% against 4.4% in Uruguay, a difference of 0.4%.
That makes Venezuela, Bolivarian Republic of's figure about 1.1 times Uruguay's.
The two have swapped places 12 times across 66 shared years of data; in 1960 it was Venezuela, Bolivarian Republic of ahead.
Uruguay ranks 45th and Venezuela, Bolivarian Republic of ranks 43rd of 193 countries.
Across the 7 decades both report, Uruguay averaged higher in 1 and Venezuela, Bolivarian Republic of in 6.
Head to head by decade
| Decade | Uruguay | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1.0% | 11.3% | 10.2% | Venezuela, Bolivarian Republic of |
| 1970s | -1.7% | 3.7% | 5.4% | Venezuela, Bolivarian Republic of |
| 1980s | 1.9% | 3.7% | 1.8% | Venezuela, Bolivarian Republic of |
| 1990s | -0.1% | 1.9% | 2.0% | Venezuela, Bolivarian Republic of |
| 2000s | -0.3% | 0.0% | 0.3% | Venezuela, Bolivarian Republic of |
| 2010s | 1.4% | 16.2% | 14.8% | Venezuela, Bolivarian Republic of |
| 2020s | 5.1% | 4.4% | 0.8% | Uruguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Uruguay or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 4.8% against 4.4% in Uruguay as of 2025.
- What is the difference in external balance on goods and services between Uruguay and Venezuela, Bolivarian Republic of?
- 0.4%, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Uruguay and Venezuela, Bolivarian Republic of?
- 66 years are reported by both, from 1960 to 2025.
- How do Uruguay and Venezuela, Bolivarian Republic of rank globally for external balance on goods and services?
- Uruguay ranks 45th and Venezuela, Bolivarian Republic of 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.
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.