Italy vs Venezuela, Bolivarian Republic of: Value of exported goods as a share of GDP

Italy
24.4%
in 2014
Venezuela, Bolivarian Republic of
24.0%
in 2013
Italy rank
105th
Venezuela, Bolivarian Republic of rank
107th

Value of exported goods as a share of GDP over time

  • Italy
  • Venezuela, Bolivarian Republic of
01020304050186119372014

How they compare

Italy currently reports 24.4% against 24.0% in Venezuela, Bolivarian Republic of, a difference of 0.4%.

The two have swapped places 3 times across 65 shared years of data; in 1949 it was Venezuela, Bolivarian Republic of ahead.

Italy ranks 105th and Venezuela, Bolivarian Republic of ranks 107th of 193 countries.

Venezuela, Bolivarian Republic of has averaged higher in every one of the 8 decades both report.

Head to head by decade

Decade Italy Venezuela, Bolivarian Republic of Difference Ahead
1940s 7.3% 42.6% 35.2% Venezuela, Bolivarian Republic of
1950s 8.1% 42.0% 33.9% Venezuela, Bolivarian Republic of
1960s 10.1% 28.8% 18.6% Venezuela, Bolivarian Republic of
1970s 15.1% 25.5% 10.4% Venezuela, Bolivarian Republic of
1980s 16.1% 24.5% 8.4% Venezuela, Bolivarian Republic of
1990s 17.1% 29.2% 12.1% Venezuela, Bolivarian Republic of
2000s 20.6% 31.9% 11.4% Venezuela, Bolivarian Republic of
2010s 23.1% 24.3% 1.1% Venezuela, Bolivarian Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher value of exported goods as a share of gdp, Italy or Venezuela, Bolivarian Republic of?
Italy, at 24.4% against 24.0% in Venezuela, Bolivarian Republic of as of 2014.
What is the difference in value of exported goods as a share of gdp between Italy and Venezuela, Bolivarian Republic of?
0.4%, with Italy ahead.
How many years of comparable data are there for Italy and Venezuela, Bolivarian Republic of?
65 years are reported by both, from 1949 to 2013.
How do Italy and Venezuela, Bolivarian Republic of rank globally for value of exported goods as a share of gdp?
Italy ranks 105th and Venezuela, Bolivarian Republic of ranks 107th of 193 countries.
Where does this data come from?
Fouquin and Hugot (2016) – processed by Our World in Data, published as Value of exported goods as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs Venezuela, Bolivarian Republic of: Value of exported goods as a share of GDP. Statizoid, drawing on Fouquin and Hugot (2016) – processed by Our World in Data. Retrieved 06 September 2026, from https://economy.statizoid.com/compare/merchandise-exports-gdp-cepii/italy/venezuela-rb/

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About this data

Indicator
Value of exported goods as a share of GDP
Unit
%
Source
Fouquin and Hugot (2016) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 12,835 data points, 1827–2014
Last refreshed

Total value of merchandise exports divided by gross domestic product (GDP), expressed as a percentage.