Value of imported goods and services, per unit of GDP in Venezuela
Venezuela: Value of imported goods and services, per unit of GDP was 0.0562 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling
Value of imported goods and services, per unit of GDP in Venezuela, 1973–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for value of imported goods and services, per unit of gdp in Venezuela is 0.0562 constant 2015 US$ per US$ of GDP, measured in 2025.
The figure is up 0.6% on the previous year and down 71.4% over ten years.
Over the whole period, value of imported goods and services, per unit of gdp in Venezuela peaked at 0.3653 constant 2015 US$ per US$ of GDP in 1973 and was at its lowest, 0.0555 constant 2015 US$ per US$ of GDP, in 2022.
That places Venezuela 170th out of 170 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 53 years of available data.
Value of imported goods and services, per unit of GDP in Venezuela, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1973 | 0.3653 constant 2015 US$ per US$ of GDP | — |
| 1974 | 0.1721 constant 2015 US$ per US$ of GDP | -52.9% |
| 1975 | 0.2128 constant 2015 US$ per US$ of GDP | +23.6% |
| 1976 | 0.2495 constant 2015 US$ per US$ of GDP | +17.3% |
| 1977 | 0.2793 constant 2015 US$ per US$ of GDP | +11.9% |
| 1978 | 0.2476 constant 2015 US$ per US$ of GDP | -11.3% |
| 1979 | 0.1559 constant 2015 US$ per US$ of GDP | -37.0% |
| 1980 | 0.126 constant 2015 US$ per US$ of GDP | -19.2% |
| 1981 | 0.1241 constant 2015 US$ per US$ of GDP | -1.5% |
| 1982 | 0.1486 constant 2015 US$ per US$ of GDP | +19.7% |
| 1983 | 0.0659 constant 2015 US$ per US$ of GDP | -55.7% |
| 1984 | 0.119 constant 2015 US$ per US$ of GDP | +80.7% |
| 1985 | 0.1115 constant 2015 US$ per US$ of GDP | -6.3% |
| 1986 | 0.1132 constant 2015 US$ per US$ of GDP | +1.6% |
| 1987 | 0.1566 constant 2015 US$ per US$ of GDP | +38.3% |
| 1988 | 0.1446 constant 2015 US$ per US$ of GDP | -7.7% |
| 1989 | 0.1329 constant 2015 US$ per US$ of GDP | -8.1% |
| 1990 | 0.1123 constant 2015 US$ per US$ of GDP | -15.5% |
| 1991 | 0.1527 constant 2015 US$ per US$ of GDP | +36.1% |
| 1992 | 0.1706 constant 2015 US$ per US$ of GDP | +11.7% |
| 1993 | 0.1605 constant 2015 US$ per US$ of GDP | -5.9% |
| 1994 | 0.1344 constant 2015 US$ per US$ of GDP | -16.2% |
| 1995 | 0.1257 constant 2015 US$ per US$ of GDP | -6.5% |
| 1996 | 0.1224 constant 2015 US$ per US$ of GDP | -2.6% |
| 1997 | 0.153 constant 2015 US$ per US$ of GDP | +24.9% |
| 1998 | 0.1599 constant 2015 US$ per US$ of GDP | +4.6% |
| 1999 | 0.1352 constant 2015 US$ per US$ of GDP | -15.5% |
| 2000 | 0.1271 constant 2015 US$ per US$ of GDP | -6.0% |
| 2001 | 0.1382 constant 2015 US$ per US$ of GDP | +8.8% |
| 2002 | 0.1368 constant 2015 US$ per US$ of GDP | -1.1% |
| 2003 | 0.1202 constant 2015 US$ per US$ of GDP | -12.1% |
| 2004 | 0.1409 constant 2015 US$ per US$ of GDP | +17.2% |
| 2005 | 0.1472 constant 2015 US$ per US$ of GDP | +4.4% |
| 2006 | 0.1573 constant 2015 US$ per US$ of GDP | +6.9% |
| 2007 | 0.1667 constant 2015 US$ per US$ of GDP | +5.9% |
| 2008 | 0.1232 constant 2015 US$ per US$ of GDP | -26.1% |
| 2009 | 0.0949 constant 2015 US$ per US$ of GDP | -22.9% |
| 2010 | 0.0773 constant 2015 US$ per US$ of GDP | -18.6% |
| 2011 | 0.1108 constant 2015 US$ per US$ of GDP | +43.4% |
| 2012 | 0.1173 constant 2015 US$ per US$ of GDP | +5.9% |
| 2013 | 0.1524 constant 2015 US$ per US$ of GDP | +29.9% |
| 2014 | 0.1494 constant 2015 US$ per US$ of GDP | -2.0% |
| 2015 | 0.1962 constant 2015 US$ per US$ of GDP | +31.3% |
| 2016 | 0.1089 constant 2015 US$ per US$ of GDP | -44.5% |
| 2017 | 0.0694 constant 2015 US$ per US$ of GDP | -36.3% |
| 2018 | 0.0791 constant 2015 US$ per US$ of GDP | +14.0% |
| 2019 | 0.086 constant 2015 US$ per US$ of GDP | +8.7% |
| 2020 | 0.0694 constant 2015 US$ per US$ of GDP | -19.3% |
| 2021 | 0.0788 constant 2015 US$ per US$ of GDP | +13.5% |
| 2022 | 0.0555 constant 2015 US$ per US$ of GDP | -29.5% |
| 2023 | 0.0583 constant 2015 US$ per US$ of GDP | +4.9% |
| 2024 | 0.0559 constant 2015 US$ per US$ of GDP | -4.2% |
| 2025 | 0.0562 constant 2015 US$ per US$ of GDP | +0.6% |
Venezuela compared with similar countries
- Venezuela's 0.0562 constant 2015 US$ per US$ of GDP is below the median for lower middle income countries, which is 0.3476 constant 2015 US$ per US$ of GDP, 16% of the median. (43 countries reporting)
- Venezuela's 0.0562 constant 2015 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.2498 constant 2015 US$ per US$ of GDP, 22% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2404 constant 2015 US$ per US$ of GDP | 0.1559 constant 2015 US$ per US$ of GDP | 0.3653 constant 2015 US$ per US$ of GDP | 7 |
| 1980s | 0.1242 constant 2015 US$ per US$ of GDP | 0.0659 constant 2015 US$ per US$ of GDP | 0.1566 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.1427 constant 2015 US$ per US$ of GDP | 0.1123 constant 2015 US$ per US$ of GDP | 0.1706 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.1352 constant 2015 US$ per US$ of GDP | 0.0949 constant 2015 US$ per US$ of GDP | 0.1667 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.1147 constant 2015 US$ per US$ of GDP | 0.0694 constant 2015 US$ per US$ of GDP | 0.1962 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.0623 constant 2015 US$ per US$ of GDP | 0.0555 constant 2015 US$ per US$ of GDP | 0.0788 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Venezuela
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$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is value of imported goods and services, per unit of gdp in Venezuela?
- Value of imported goods and services, per unit of gdp in Venezuela was 0.0562 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest value of imported goods and services, per unit of gdp recorded in Venezuela?
- The highest recorded value was 0.3653 constant 2015 US$ per US$ of GDP in 1973.
- What is the lowest value of imported goods and services, per unit of gdp recorded in Venezuela?
- The lowest recorded value was 0.0555 constant 2015 US$ per US$ of GDP in 2022.
- How does Venezuela rank for value of imported goods and services, per unit of gdp?
- Venezuela ranks 170th out of 170 countries with data for 2025.
- Is value of imported goods and services, per unit of gdp rising or falling in Venezuela?
- Over the last ten years it is down 71.4%. 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 Value of imported goods and services, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Value of imported goods and services divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value of imported goods and services ÷ GDP (current US$)
Computed from
- Value of imported goods and services National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed 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
Value of imported goods and services divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.