Imports of goods and services in Venezuela
Venezuela: Imports of goods and services was 10.1% in 2025. ◆ Volatile
Imports of goods and services in Venezuela, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Venezuela recorded 10.1% for imports of goods and services in 2025.
The figure is up 6.4% on the previous year and down 48.5% over ten years.
Over the whole period, imports of goods and services in Venezuela peaked at 37.3% in 1978 and was at its lowest, 0.0%, in 1991.
That places Venezuela 192nd out of 193 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Venezuela, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 18.1% | — |
| 1961 | 16.9% | -6.7% |
| 1962 | 16.9% | -0.2% |
| 1963 | 15.2% | -10.2% |
| 1964 | 18.0% | +18.5% |
| 1965 | 19.1% | +6.4% |
| 1966 | 17.1% | -10.4% |
| 1967 | 17.4% | +1.7% |
| 1968 | 19.5% | +11.8% |
| 1969 | 19.9% | +1.9% |
| 1970 | 18.8% | -5.4% |
| 1971 | 19.0% | +1.0% |
| 1972 | 20.0% | +5.4% |
| 1973 | 19.2% | -4.1% |
| 1974 | 18.5% | -3.2% |
| 1975 | 25.0% | +34.8% |
| 1976 | 28.9% | +15.5% |
| 1977 | 35.1% | +21.4% |
| 1978 | 37.3% | +6.3% |
| 1979 | 28.4% | -23.7% |
| 1980 | 24.7% | -12.9% |
| 1981 | 24.9% | +0.6% |
| 1982 | 28.0% | +12.5% |
| 1983 | 13.0% | -53.5% |
| 1984 | 17.6% | +34.8% |
| 1985 | 16.9% | -3.8% |
| 1986 | 19.7% | +16.7% |
| 1987 | 22.1% | +12.0% |
| 1988 | 26.4% | +19.7% |
| 1989 | 20.4% | -22.8% |
| 1990 | 19.5% | -4.3% |
| 1991 | 0.0% | -100.0% |
| 1992 | 0.0% | — |
| 1993 | 0.0% | — |
| 1994 | 0.0% | — |
| 1995 | 0.0% | — |
| 1996 | 0.0% | — |
| 1997 | 0.0% | — |
| 1998 | 0.0% | — |
| 1999 | 0.0% | — |
| 2000 | 0.0% | — |
| 2001 | 0.0% | — |
| 2002 | 0.0% | — |
| 2003 | 0.0% | — |
| 2004 | 0.0% | — |
| 2005 | 0.0% | — |
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2011 | 0.0% | — |
| 2012 | 21.2% | — |
| 2013 | 32.3% | +52.8% |
| 2014 | 20.6% | -36.2% |
| 2015 | 19.6% | -4.9% |
| 2016 | 10.2% | -48.0% |
| 2017 | 9.3% | -9.0% |
| 2018 | 12.1% | +30.2% |
| 2019 | 10.9% | -9.5% |
| 2020 | 13.1% | +19.7% |
| 2021 | 13.9% | +6.0% |
| 2022 | 11.5% | -16.8% |
| 2023 | 10.0% | -13.2% |
| 2024 | 9.5% | -5.2% |
| 2025 | 10.1% | +6.4% |
Venezuela compared with similar countries
- Venezuela's 10.1% is below the median for lower middle income countries, which is 41.9%, 24% of the median. (45 countries reporting)
- Venezuela's 10.1% is below the median for Latin America & Caribbean, which is 39.3%, 26% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Imports of goods and services in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | -100.0% | 19.5% | 0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.8% | 15.2% | 19.9% | 10 |
| 1970s | 25.0% | 18.5% | 37.3% | 10 |
| 1980s | 21.4% | 13.0% | 28.0% | 10 |
| 1990s | 2.0% | 0.0% | 19.5% | 10 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 13.6% | 0.0% | 32.3% | 10 |
| 2020s | 11.4% | 9.5% | 13.9% | 6 |
Countries ranked near Venezuela
- 189 United States 14.0% compare
- 190 Turkmenistan 13.7% compare
- 191 Angola 11.7% compare
- 193 Sudan 1.3% 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 of goods and services in Venezuela?
- Imports of goods and services in Venezuela was 10.1% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in Venezuela?
- The highest recorded value was 37.3% in 1978.
- What is the lowest imports of goods and services recorded in Venezuela?
- The lowest recorded value was 0.0% in 1991.
- How does Venezuela rank for imports of goods and services?
- Venezuela ranks 192nd out of 193 countries with data for 2025.
- Is imports of goods and services rising or falling in Venezuela?
- Over the last ten years it is down 48.5%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Imports of goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.