Venezuela, RB: Merchandise exports to high-income economies (% of total merchandise exports)
In , Venezuela, RB's Merchandise exports to high-income economies (% of total merchandise exports) was 64.49.
That's up 41.4% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Venezuela, RB ranks #109 globally out of 205 reporting countries. Within Latin America & Caribbean, it ranks #23 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 84.03
- Trough
- 26.72
- 1-year change
- +41.4%
- 5-year change
- +23.0%
- +4.2% / yr
- 10-year change
- +18.2%
- +1.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 64.4939 | |
| 45.6072 | |
| 42.5341 | |
| 26.7246 | |
| 32.8855 | |
| 52.4212 | |
| 54.2337 | |
| 54.4687 | |
| 55.6115 | |
| 55.6791 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Indicator code: TX.VAL.MRCH.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Venezuela, RB's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Venezuela, RB's Merchandise exports to high-income economies (% of total merchandise exports) was 64.49, according to World Bank Open Data.
- Is Venezuela, RB's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Venezuela, RB's Merchandise exports to high-income economies (% of total merchandise exports) rose 41.4% from 2022 to 2023.
- How does Venezuela, RB rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Venezuela, RB ranked #109 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Venezuela, RB's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Venezuela, RB is above the world average. Within Latin America & Caribbean, it ranks #23 of 36.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.