Trade in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Trade was 25.0% in 2025. ◆ Volatile
Trade in Venezuela, Bolivarian Republic of, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Venezuela, Bolivarian Republic of recorded 25.0% for trade in 2025.
Compared with earlier readings it is down 4.7% on the previous year and down 58.6% over ten years.
Over the whole period, trade in Venezuela, Bolivarian Republic of peaked at 64.1% in 2014 and was at its lowest, 0.0%, in 1991.
Venezuela, Bolivarian Republic of ranks 191st of 193 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Trade 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
- 188 Bangladesh 28.0% compare
- 189 Pakistan 27.2% compare
- 190 United States of America 25.0% compare
- 192 Haiti 15.9% compare
- 193 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)
- Manufacturing, value added (current US$), per unit of GDP 0 current US$ per US$ of GDP (2011)
- Manufacturing, value added (current US$), per capita 0 current US$ per person (2011)
- Manufacturing, value added (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Manufacturing, value added (current LCU), per capita 0 current LCU per person (2011)
- Manufacturing, value added (constant LCU), per capita 229.58 constant LCU per person (2014)
- Industry (including construction), value added (current US$), annual -100 % change on previous year (1991)
- Industry (including construction), value added (current US$), per 0 current US$ per US$ of GDP (2011)
- Industry (including construction), value added (current US$), per 0 current US$ per person (2011)
Frequently asked questions
- What is trade in Venezuela, Bolivarian Republic of?
- Trade in Venezuela, Bolivarian Republic of was 25.0% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 64.1% in 2014.
- What is the lowest trade recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 0.0% in 1991.
- How does Venezuela, Bolivarian Republic of rank for trade?
- Venezuela, Bolivarian Republic of ranks 191st out of 193 countries with data for 2025.
- Is trade 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Trade is the sum of exports and imports of goods and services. 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.