Venezuela, RB: Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
In , Venezuela, RB's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 22.75.
That's up 0.2% from 2022, the highest value on record.
The global average for this indicator in 2023 was 4.94 . Venezuela, RB ranks #16 globally out of 192 reporting countries. Within Latin America & Caribbean, it ranks #14 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.R3.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
- 22.75
- Trough
- 4.42
- 1-year change
- +0.2%
- 5-year change
- +221.0%
- +26.3% / yr
- 10-year change
- +124.2%
- +8.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) |
|---|---|
| 22.7536 | |
| 22.7153 | |
| 19.1515 | |
| 6.5241 | |
| 4.4163 | |
| 7.0873 | |
| 7.5457 | |
| 9.0399 | |
| 10.1977 | |
| 9.7044 |
About Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are 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.R3.ZS • Category: Trade & Finance
Frequently asked questions
- What was Venezuela, RB's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023?
- In 2023, Venezuela, RB's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 22.75, according to World Bank Open Data.
- Is Venezuela, RB's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rising or falling?
- Venezuela, RB's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rose 0.2% from 2022 to 2023.
- How does Venezuela, RB rank globally on Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)?
- In 2023, Venezuela, RB ranked #16 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports).
- How does Venezuela, RB's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023 was 4.94, so Venezuela, RB is above the world average. Within Latin America & Caribbean, it ranks #14 of 36.
- What is Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are 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.R3.ZS), CC BY 4.0.