Trade as a share of GDP in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Trade as a share of GDP was 25.0% in 2025. ◆ Volatile
Latest (2025)
25.0%
Change on year
down 4.7%
World rank
189th
of 191 countries
All-time high
64.1%
in 2014
All-time low
0.0%
in 1991
Years of data
66
1960–2025
Trade as a share of GDP in Venezuela, Bolivarian Republic of, 1960–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Venezuela, Bolivarian Republic of recorded 25.0% for trade as a share of gdp in 2025.
The figure is down 4.7% on the previous year and down 58.6% over ten years.
Over the whole period, trade as a share of gdp in Venezuela, Bolivarian Republic of peaked at 64.1% in 2014 and was at its lowest, 0.0%, in 1991.
That places Venezuela, Bolivarian Republic of 189th out of 191 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.
Trade as a share of GDP in Venezuela, Bolivarian Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 48.6% | — |
| 1961 | 48.7% | +0.2% |
| 1962 | 49.6% | +1.9% |
| 1963 | 47.2% | -4.7% |
| 1964 | 48.2% | +2.0% |
| 1965 | 48.2% | +0.1% |
| 1966 | 44.8% | -7.1% |
| 1967 | 44.6% | -0.4% |
| 1968 | 44.8% | +0.3% |
| 1969 | 44.3% | -1.0% |
| 1970 | 42.0% | -5.2% |
| 1971 | 44.2% | +5.1% |
| 1972 | 43.3% | -2.1% |
| 1973 | 47.8% | +10.5% |
| 1974 | 61.5% | +28.6% |
| 1975 | 57.8% | -5.9% |
| 1976 | 58.6% | +1.3% |
| 1977 | 62.1% | +6.1% |
| 1978 | 61.4% | -1.3% |
| 1979 | 58.3% | -5.0% |
| 1980 | 57.4% | -1.6% |
| 1981 | 55.4% | -3.4% |
| 1982 | 53.1% | -4.2% |
| 1983 | 35.7% | -32.7% |
| 1984 | 42.6% | +19.3% |
| 1985 | 39.4% | -7.4% |
| 1986 | 39.0% | -1.1% |
| 1987 | 42.3% | +8.5% |
| 1988 | 46.4% | +9.6% |
| 1989 | 53.4% | +15.2% |
| 1990 | 57.7% | +8.0% |
| 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 | 50.8% | — |
| 2013 | 62.6% | +23.3% |
| 2014 | 64.1% | +2.4% |
| 2015 | 60.4% | -5.8% |
| 2016 | 41.4% | -31.4% |
| 2017 | 42.6% | +3.0% |
| 2018 | 54.6% | +28.2% |
| 2019 | 58.1% | +6.4% |
| 2020 | 26.1% | -55.1% |
| 2021 | 29.2% | +12.0% |
| 2022 | 27.9% | -4.5% |
| 2023 | 28.1% | +0.7% |
| 2024 | 26.2% | -6.6% |
| 2025 | 25.0% | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 46.9% | 44.3% | 49.6% | 10 |
| 1970s | 53.7% | 42.0% | 62.1% | 10 |
| 1980s | 46.5% | 35.7% | 57.4% | 10 |
| 1990s | 5.8% | 0.0% | 57.7% | 10 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 43.5% | 0.0% | 64.1% | 10 |
| 2020s | 27.1% | 25.0% | 29.2% | 6 |
Countries ranked near Venezuela, Bolivarian Republic of
- 186 Bangladesh 28.0% compare
- 187 Pakistan 27.2% compare
- 188 United States of America 25.0% compare
- 190 Haiti 15.9% compare
- 191 Sudan 2.4% compare
More economy & growth data for Venezuela, Bolivarian Republic of
- 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)
- Services, value added (current US$), annual growth rate -100 % change on previous year (1991)
- Services, value added (current US$), per unit of GDP 0 current US$ per US$ of GDP (2011)
- Services, value added (current US$), per capita 0 current US$ per person (2011)
- Services, value added (current LCU), annual growth rate -100 % change on previous year (1991)
- Services, value added (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Services, value added (current LCU), per capita 0 current LCU per person (2011)
- Services, value added (constant LCU), per capita 1,026 constant LCU per person (2014)
- GDP deflator (base year varies by country), annual growth rate 227.09 % change on previous year (2025)
Frequently asked questions
- What is trade as a share of gdp in Venezuela, Bolivarian Republic of?
- Trade as a share of gdp in Venezuela, Bolivarian Republic of was 25.0% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest trade as a share of gdp recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 64.1% in 2014.
- What is the lowest trade as a share of gdp recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.0% in 1991.
- How does Venezuela, Bolivarian Republic of rank for trade as a share of gdp?
- Venezuela, Bolivarian Republic of ranks 189th out of 191 countries with data for 2025.
- Is trade as a share of gdp rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 58.6%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
Trade in goods and services as a share of GDP, shown as a percentage.