Trade as a share of GDP in Venezuela

Trade as a share of GDP in Venezuela was 25% in 2025, according to the World Bank. That is down 1.2 pts from 2024. That is the 166th highest of 171 countries in 2024.

202525%
Change on 2024-1.2 pts
Rank166th of 171Countries ranked
Series high64.12014
Series low252025

Trade as a share of GDP in Venezuela, 1960 to 2025

20304050607019601967197419811988201620251960: 48.6 %1961: 48.7 %1962: 49.6 %1963: 47.2 %1964: 48.2 %1965: 48.2 %1966: 44.8 %1967: 44.6 %1968: 44.8 %1969: 44.3 %1970: 42 %1971: 44.2 %1972: 43.3 %1973: 47.8 %1974: 61.5 %1975: 57.8 %1976: 58.6 %1977: 62.1 %1978: 61.4 %1979: 58.3 %1980: 57.4 %1981: 55.4 %1982: 53.1 %1983: 35.7 %1984: 42.6 %1985: 39.4 %1986: 39 %1987: 42.3 %1988: 46.4 %1989: 53.4 %1990: 57.7 %2012: 50.8 %2013: 62.6 %2014: 64.1 %2015: 60.4 %2016: 41.4 %2017: 42.6 %2018: 54.6 %2019: 58.1 %2020: 26.1 %2021: 29.2 %2022: 27.9 %2023: 28.1 %2024: 26.2 %2025: 25 %
%. Source: World Bank, Trade, % of GDP (NE.TRD.GNFS.ZS). Retrieved 2026-10-11, published 2026-10-08.
All 45 values
Period%
202525
202426.2
202328.1
202227.9
202129.2
202026.1
201958.1
201854.6
201742.6
201641.4
201560.4
201464.1
201362.6
201250.8
199057.7
198953.4
198846.4
198742.3
198639
198539.4
198442.6
198335.7
198253.1
198155.4
198057.4
197958.3
197861.4
197762.1
197658.6
197557.8
197461.5
197347.8
197243.3
197144.2
197042
196944.3
196844.8
196744.6
196644.8
196548.2
196448.2
196347.2
196249.6
196148.7
196048.6

Rankings

Definition

Sum of exports and imports of goods and services, as a percentage of GDP. World Bank series.

Can exceed 100%, because exports and imports are both counted against GDP, which is only value added. Small open economies with large re-export or transit trade reach several hundred percent.

How to cite

World Bank, World Development Indicators. Trade, % of GDP (NE.TRD.GNFS.ZS). https://data.worldbank.org/indicator/NE.TRD.GNFS.ZS. Retrieved 2026-10-11.

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Questions

What is the trade as a share of GDP in Venezuela?

Trade as a share of GDP in Venezuela was 25% in 2025, according to the World Bank. That is down 1.2 pts from 2024. That is the 166th highest of 171 countries in 2024.

Where does this figure come from?

World Bank. Trade, % of GDP (NE.TRD.GNFS.ZS). Retrieved by Invokely on 2026-10-11.

What was the highest trade as a share of GDP in Venezuela?

64.1% in 2014, the highest value since 1960 in this series.

Trade as a share of GDP in other countries

Related statistics for Venezuela

All statistics for Venezuela