Cayman Islands vs Venezuela (Bolivarian Republic of): Merchandise trade as a proportion of GDP
Cayman Islands
26.1%
in 2023
Venezuela (Bolivarian Republic of)
24.4%
in 2024
Cayman Islands rank
201st
Venezuela (Bolivarian Republic of) rank
203rd
Merchandise trade as a proportion of GDP over time
- Cayman Islands
- Venezuela (Bolivarian Republic of)
How they compare
Cayman Islands currently reports 26.1% against 24.4% in Venezuela (Bolivarian Republic of), a difference of 1.7%.
That makes Cayman Islands's figure about 1.1 times Venezuela (Bolivarian Republic of)'s.
The two have swapped places 1 time across 18 shared years of data; in 2006 it was Venezuela (Bolivarian Republic of) ahead.
Cayman Islands ranks 201st and Venezuela (Bolivarian Republic of) ranks 203rd of 218 countries.
Across the 3 decades both report, Cayman Islands averaged higher in 1 and Venezuela (Bolivarian Republic of) in 2.
Head to head by decade
| Decade | Cayman Islands | Venezuela (Bolivarian Republic of) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.3% | 45.1% | 20.8% | Venezuela (Bolivarian Republic of) |
| 2010s | 23.0% | 42.6% | 19.6% | Venezuela (Bolivarian Republic of) |
| 2020s | 25.8% | 20.5% | 5.3% | Cayman Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Cayman Islands or Venezuela (Bolivarian Republic of)?
- Cayman Islands, at 26.1% against 24.4% in Venezuela (Bolivarian Republic of) as of 2023.
- What is the difference in merchandise trade as a proportion of gdp between Cayman Islands and Venezuela (Bolivarian Republic of)?
- 1.7%, with Cayman Islands ahead.
- How many years of comparable data are there for Cayman Islands and Venezuela (Bolivarian Republic of)?
- 18 years are reported by both, from 2006 to 2023.
- How do Cayman Islands and Venezuela (Bolivarian Republic of) rank globally for merchandise trade as a proportion of gdp?
- Cayman Islands ranks 201st and Venezuela (Bolivarian Republic of) ranks 203rd of 218 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.