Venezuela - Merchandise trade

Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Venezuela was 27.20 as of 2010. Its highest value over the past 50 years was 54.80 in 2005, while its lowest value was 25.90 in 1983.

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 40.58
1961 38.35
1962 36.93
1963 33.58
1964 40.84
1965 40.36
1966 36.44
1967 43.18
1968 38.74
1969 40.26
1970 38.77
1971 36.12
1972 35.35
1973 31.42
1974 52.60
1975 47.11
1976 46.76
1977 48.39
1978 45.06
1979 44.82
1980 46.25
1981 45.15
1982 38.51
1983 25.90
1984 42.48
1985 38.91
1986 29.13
1987 44.63
1988 39.31
1989 50.10
1990 52.80
1991 50.84
1992 48.32
1993 46.80
1994 44.71
1995 41.54
1996 48.26
1997 44.83
1998 36.70
1999 35.75
2000 42.46
2001 36.60
2002 42.79
2003 43.63
2004 50.11
2005 54.80
2006 54.06
2007 50.81
2008 46.52
2009 30.11
2010 27.20

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade