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Venezuela, RB: Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)

In , Venezuela, RB's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 3.05.

That's down 5.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.32 . Venezuela, RB ranks #64 globally out of 199 reporting countries. Within Latin America & Caribbean, it ranks #2 of 36.

Source: World Bank Open Data (TM.VAL.MRCH.R2.ZS) • Data as of 2023

Trend (2004–2023)

Venezuela, RB Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
3.54
Trough
0.16
1-year change
-5.3%
5-year change
+122.8%
+17.4% / yr
10-year change
+505.7%
+19.7% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
3.0541
3.2245
3.5436
3.1910
2.2210
1.3707
0.6710
0.1588
0.2674
0.3248

About Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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: TM.VAL.MRCH.R2.ZSCategory: Trade & Finance

Frequently asked questions

What was Venezuela, RB's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023?
In 2023, Venezuela, RB's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 3.05, according to World Bank Open Data.
Is Venezuela, RB's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) rising or falling?
Venezuela, RB's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) fell 5.3% from 2022 to 2023.
How does Venezuela, RB rank globally on Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)?
In 2023, Venezuela, RB ranked #64 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports).
How does Venezuela, RB's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023 was 4.32, so Venezuela, RB is below the world average. Within Latin America & Caribbean, it ranks #2 of 36.
What is Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
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Source: World Bank Open Data (TM.VAL.MRCH.R2.ZS), CC BY 4.0.