Caribbean vs Venezuela (Bolivarian Republic of): Merchandise trade as a proportion of GDP (%)

Caribbean
25.4%
in 2020
Venezuela (Bolivarian Republic of)
24.4%
in 2024
Caribbean rank
204th
Venezuela (Bolivarian Republic of) rank
205th

Merchandise trade as a proportion of GDP (%) over time

  • Caribbean
  • Venezuela (Bolivarian Republic of)
2030405060200020122024

How they compare

Caribbean currently reports 25.4% against 24.4% in Venezuela (Bolivarian Republic of), a difference of 1.0%.

The two have swapped places 1 time across 10 shared years of data; in 2011 it was Caribbean ahead.

Caribbean ranks 204th and Venezuela (Bolivarian Republic of) ranks 205th of 220 countries.

Venezuela (Bolivarian Republic of) has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Caribbean Venezuela (Bolivarian Republic of) Difference Ahead
2010s 37.9% 44.4% 6.5% Venezuela (Bolivarian Republic of)
2020s 25.4% 27.1% 1.7% Venezuela (Bolivarian Republic of)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise trade as a proportion of gdp, Caribbean or Venezuela (Bolivarian Republic of)?
Caribbean, at 25.4% against 24.4% in Venezuela (Bolivarian Republic of) as of 2020.
What is the difference in merchandise trade as a proportion of gdp between Caribbean and Venezuela (Bolivarian Republic of)?
1.0%, with Caribbean ahead.
How many years of comparable data are there for Caribbean and Venezuela (Bolivarian Republic of)?
10 years are reported by both, from 2011 to 2020.
How do Caribbean and Venezuela (Bolivarian Republic of) rank globally for merchandise trade as a proportion of gdp?
Caribbean ranks 204th and Venezuela (Bolivarian Republic of) ranks 205th of 220 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Caribbean vs Venezuela (Bolivarian Republic of): Merchandise trade as a proportion of GDP. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 07 November 2026, from https://economy.statizoid.com/compare/merchandise-trade-as-a-proportion-of-gdp-percent/caribbean/venezuela-bolivarian-republic-of/

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About this data

Indicator
Merchandise trade as a proportion of GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
256 places, 6,207 data points, 2000–2024
Last refreshed