Venezuela Trade to GDP Ratio 1960-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Venezuela trade to gdp ratio for 2014 was 48.09%, a 6.19% decline from 2013.
  • Venezuela trade to gdp ratio for 2013 was 54.28%, a 3.87% increase from 2012.
  • Venezuela trade to gdp ratio for 2012 was 50.40%, a 0.77% increase from 2011.
  • Venezuela trade to gdp ratio for 2011 was 49.64%, a 3.5% increase from 2010.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Nauru 197.22%
American Samoa 174.81%
Marshall Islands 150.30%
Malaysia 138.31%
Thailand 130.91%
Bulgaria 130.27%
Botswana 119.50%
Dominica 117.49%
North Macedonia 112.54%
Fiji 110.81%
Belarus 110.65%
Mauritius 110.59%
Jordan 109.94%
Belize 107.77%
Equatorial Guinea 104.38%
Namibia 103.08%
Montenegro 100.13%
Serbia 92.23%
Turkmenistan 91.09%
Bosnia 90.55%
Jamaica 84.74%
Romania 83.38%
Samoa 80.50%
Lebanon 79.82%
Libya 76.52%
Armenia 75.78%
Albania 75.41%
Tonga 74.92%
Gabon 73.52%
Azerbaijan 69.48%
Paraguay 69.08%
Iraq 68.98%
Costa Rica 65.19%
Kazakhstan 64.97%
Mexico 64.10%
Ecuador 61.43%
South Africa 59.50%
Algeria 56.92%
Dominican Republic 55.50%
Guatemala 55.08%
Turkey 53.77%
Venezuela 48.09%
Russia 47.80%
Peru 46.85%
Iran 45.35%
China 44.91%
Cuba 39.27%
Colombia 37.49%
Brazil 24.69%
Venezuela Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2014 48.09% -6.19%
2013 54.28% 3.87%
2012 50.40% 0.77%
2011 49.64% 3.50%
2010 46.14% 7.62%
2009 38.52% -13.31%
2008 51.83% -4.37%
2007 56.20% -2.47%
2006 58.67% -1.46%
2005 60.13% 4.76%
2004 55.37% 4.79%
2003 50.58% 2.00%
2002 48.58% 6.43%
2001 42.14% -5.72%
2000 47.86% 5.79%
1999 42.07% -1.53%
1998 43.60% -7.65%
1997 51.25% -4.73%
1996 55.97% 8.63%
1995 47.34% -4.10%
1994 51.44% -0.95%
1993 52.39% -1.09%
1992 53.48% -2.24%
1991 55.72% -1.99%
1990 57.71% 4.28%
1989 53.43% 7.06%
1988 46.37% 4.07%
1987 42.31% 3.30%
1986 39.00% -0.44%
1985 39.44% -3.17%
1984 42.61% 6.90%
1983 35.71% -17.35%
1982 53.06% -2.35%
1981 55.41% -1.96%
1980 57.37% -0.95%
1979 58.32% -3.04%
1978 61.36% -0.79%
1977 62.15% 3.56%
1976 58.59% 0.74%
1975 57.85% -3.63%
1974 61.48% 13.65%
1973 47.82% 4.55%
1972 43.27% -0.93%
1971 44.20% 2.16%
1970 42.04% -2.29%
1969 44.33% -0.46%
1968 44.79% 0.15%
1967 44.64% -0.18%
1966 44.81% -3.41%
1965 48.22% 0.06%
1964 48.16% 0.94%
1963 47.22% -2.35%
1962 49.58% 0.92%
1961 48.66% 0.07%
1960 48.58% 0.07%