Imports by region of origin, per unit of GDP in Venezuela
Venezuela: Imports by region of origin, per unit of GDP was 0.0391 current US$ per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.0391 current US$ per US$ of GDP
Change on year
up 25.2%
World rank
47th
of 201 countries
All-time high
0.1423 current US$ per US$ of GDP
in 1978
All-time low
0.0297 current US$ per US$ of GDP
in 2019
Years of data
65
1960–2024
Imports by region of origin, per unit of GDP in Venezuela, 1960–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, imports by region of origin, per unit of gdp in Venezuela stood at 0.0391 current US$ per US$ of GDP.
The figure is up 25.2% on the previous year and down 42.7% over ten years.
Over the whole period, imports by region of origin, per unit of gdp in Venezuela peaked at 0.1423 current US$ per US$ of GDP in 1978 and was at its lowest, 0.0297 current US$ per US$ of GDP, in 2019.
That places Venezuela 47th out of 201 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Imports by region of origin, per unit of GDP in Venezuela, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0859 current US$ per US$ of GDP | — |
| 1961 | 0.08 current US$ per US$ of GDP | -6.9% |
| 1962 | 0.0721 current US$ per US$ of GDP | -9.9% |
| 1963 | 0.0605 current US$ per US$ of GDP | -16.0% |
| 1964 | 0.0936 current US$ per US$ of GDP | +54.6% |
| 1965 | 0.1008 current US$ per US$ of GDP | +7.7% |
| 1966 | 0.0871 current US$ per US$ of GDP | -13.6% |
| 1967 | 0.0902 current US$ per US$ of GDP | +3.5% |
| 1968 | 0.0974 current US$ per US$ of GDP | +8.0% |
| 1969 | 0.0941 current US$ per US$ of GDP | -3.4% |
| 1970 | 0.0928 current US$ per US$ of GDP | -1.4% |
| 1971 | 0.0791 current US$ per US$ of GDP | -14.8% |
| 1972 | 0.0835 current US$ per US$ of GDP | +5.6% |
| 1973 | 0.0771 current US$ per US$ of GDP | -7.7% |
| 1974 | 0.0852 current US$ per US$ of GDP | +10.4% |
| 1975 | 0.1141 current US$ per US$ of GDP | +33.9% |
| 1976 | 0.1137 current US$ per US$ of GDP | -0.3% |
| 1977 | 0.124 current US$ per US$ of GDP | +9.1% |
| 1978 | 0.1423 current US$ per US$ of GDP | +14.8% |
| 1979 | 0.1184 current US$ per US$ of GDP | -16.8% |
| 1980 | 0.1182 current US$ per US$ of GDP | -0.2% |
| 1981 | 0.1139 current US$ per US$ of GDP | -3.7% |
| 1982 | 0.0999 current US$ per US$ of GDP | -12.3% |
| 1983 | 0.0502 current US$ per US$ of GDP | -49.7% |
| 1984 | 0.0708 current US$ per US$ of GDP | +41.0% |
| 1985 | 0.07 current US$ per US$ of GDP | -1.0% |
| 1986 | 0.0705 current US$ per US$ of GDP | +0.7% |
| 1987 | 0.0998 current US$ per US$ of GDP | +41.5% |
| 1988 | 0.1024 current US$ per US$ of GDP | +2.7% |
| 1989 | 0.087 current US$ per US$ of GDP | -15.0% |
| 1990 | 0.0731 current US$ per US$ of GDP | -16.0% |
| 1991 | 0.1121 current US$ per US$ of GDP | +53.2% |
| 1992 | 0.123 current US$ per US$ of GDP | +9.7% |
| 1993 | 0.1113 current US$ per US$ of GDP | -9.5% |
| 1994 | 0.0743 current US$ per US$ of GDP | -33.2% |
| 1995 | 0.0739 current US$ per US$ of GDP | -0.6% |
| 1996 | 0.0695 current US$ per US$ of GDP | -6.0% |
| 1997 | 0.086 current US$ per US$ of GDP | +23.7% |
| 1998 | 0.0838 current US$ per US$ of GDP | -2.6% |
| 1999 | 0.0649 current US$ per US$ of GDP | -22.6% |
| 2000 | 0.0665 current US$ per US$ of GDP | +2.5% |
| 2001 | 0.0674 current US$ per US$ of GDP | +1.3% |
| 2002 | 0.063 current US$ per US$ of GDP | -6.5% |
| 2003 | 0.0445 current US$ per US$ of GDP | -29.5% |
| 2004 | 0.0603 current US$ per US$ of GDP | +35.7% |
| 2005 | 0.0693 current US$ per US$ of GDP | +14.8% |
| 2006 | 0.074 current US$ per US$ of GDP | +6.9% |
| 2007 | 0.0764 current US$ per US$ of GDP | +3.2% |
| 2008 | 0.0582 current US$ per US$ of GDP | -23.8% |
| 2009 | 0.0434 current US$ per US$ of GDP | -25.4% |
| 2010 | 0.0372 current US$ per US$ of GDP | -14.4% |
| 2011 | 0.0592 current US$ per US$ of GDP | +59.3% |
| 2012 | 0.0573 current US$ per US$ of GDP | -3.3% |
| 2013 | 0.0637 current US$ per US$ of GDP | +11.3% |
| 2014 | 0.0683 current US$ per US$ of GDP | +7.3% |
| 2015 | 0.0911 current US$ per US$ of GDP | +33.4% |
| 2016 | 0.0571 current US$ per US$ of GDP | -37.4% |
| 2017 | 0.0503 current US$ per US$ of GDP | -11.8% |
| 2018 | 0.07 current US$ per US$ of GDP | +39.1% |
| 2019 | 0.0297 current US$ per US$ of GDP | -57.5% |
| 2020 | 0.0448 current US$ per US$ of GDP | +50.6% |
| 2021 | 0.042 current US$ per US$ of GDP | -6.2% |
| 2022 | 0.0343 current US$ per US$ of GDP | -18.5% |
| 2023 | 0.0313 current US$ per US$ of GDP | -8.8% |
| 2024 | 0.0391 current US$ per US$ of GDP | +25.2% |
Venezuela compared with similar countries
- Venezuela's 0.0391 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0119 current US$ per US$ of GDP, 3.3× the median. (47 countries reporting)
- Venezuela's 0.0391 current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.1563 current US$ per US$ of GDP, 25% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0862 current US$ per US$ of GDP | 0.0605 current US$ per US$ of GDP | 0.1008 current US$ per US$ of GDP | 10 |
| 1970s | 0.103 current US$ per US$ of GDP | 0.0771 current US$ per US$ of GDP | 0.1423 current US$ per US$ of GDP | 10 |
| 1980s | 0.0883 current US$ per US$ of GDP | 0.0502 current US$ per US$ of GDP | 0.1182 current US$ per US$ of GDP | 10 |
| 1990s | 0.0872 current US$ per US$ of GDP | 0.0649 current US$ per US$ of GDP | 0.123 current US$ per US$ of GDP | 10 |
| 2000s | 0.0623 current US$ per US$ of GDP | 0.0434 current US$ per US$ of GDP | 0.0764 current US$ per US$ of GDP | 10 |
| 2010s | 0.0584 current US$ per US$ of GDP | 0.0297 current US$ per US$ of GDP | 0.0911 current US$ per US$ of GDP | 10 |
| 2020s | 0.0383 current US$ per US$ of GDP | 0.0313 current US$ per US$ of GDP | 0.0448 current US$ per US$ of GDP | 5 |
Countries ranked near Venezuela
- 44 Switzerland 0.0434 current US$ per US$ of GDP compare
- 45 Thailand 0.0427 current US$ per US$ of GDP compare
- 46 Ireland 0.0426 current US$ per US$ of GDP compare
- 48 Fiji 0.0381 current US$ per US$ of GDP compare
- 49 Samoa 0.0373 current US$ per US$ of GDP compare
- 50 Vietnam 0.0352 current US$ per US$ of GDP compare
More economy & growth data for Venezuela
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0216 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 91.64 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.45 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0135 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 57.47 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is imports by region of origin, per unit of gdp in Venezuela?
- Imports by region of origin, per unit of gdp in Venezuela was 0.0391 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports by region of origin, per unit of gdp recorded in Venezuela?
- The highest recorded value was 0.1423 current US$ per US$ of GDP in 1978.
- What is the lowest imports by region of origin, per unit of gdp recorded in Venezuela?
- The lowest recorded value was 0.0297 current US$ per US$ of GDP in 2019.
- How does Venezuela rank for imports by region of origin, per unit of gdp?
- Venezuela ranks 47th out of 201 countries with data for 2024.
- Is imports by region of origin, per unit of gdp rising or falling in Venezuela?
- Over the last ten years it is down 42.7%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Imports by region of origin, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Imports by region of origin divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports by region of origin ÷ GDP (current US$)
Computed from
- Imports by region of origin International Monetary Fund (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports by region of origin divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.