Venezuela - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Venezuela was 24.44 as of 2014. Its highest value over the past 54 years was 58.62 in 1974, while its lowest value was 24.44 in 2014.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
1960 44.90
1961 41.79
1962 40.75
1963 36.72
1964 45.94
1965 45.99
1966 41.91
1967 48.89
1968 44.29
1969 46.70
1970 43.58
1971 40.25
1972 40.27
1973 45.22
1974 58.62
1975 53.89
1976 53.99
1977 56.58
1978 53.30
1979 51.72
1980 52.52
1981 51.39
1982 43.60
1983 30.13
1984 39.61
1985 36.38
1986 28.42
1987 42.13
1988 38.14
1989 48.51
1990 51.10
1991 49.18
1992 46.77
1993 45.28
1994 43.27
1995 40.18
1996 46.69
1997 44.82
1998 36.71
1999 35.75
2000 42.46
2001 36.61
2002 42.78
2003 43.63
2004 50.11
2005 54.80
2006 54.06
2007 50.39
2008 46.04
2009 30.06
2010 26.64
2011 44.49
2012 38.99
2013 37.07
2014 24.44

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade