Trade openness — all countries

Trade openness — Venezuela

Trade openness in Venezuela in 2025 — 25.01%. Ranked 136 in the world out of 138. Since 1960, the indicator has fallen by 23.57 pp.

2025 25.01% −1.23 pp vs 2024
World rank 136of 138
Period maximum 64.1%2014
Period minimum 0%1991

Trend over time

1960–2025 · % of GDP

Trade openness — Venezuela, 1960–202502040608019601967197419811988199520022009201620231960: 48.58%1962: 49.58%1964: 48.16%1966: 44.81%1968: 44.79%1970: 42.04%1972: 43.27%1974: 61.48%1976: 58.59%1978: 61.36%1980: 57.37%1982: 53.06%1984: 42.61%1986: 39%1988: 46.37%1990: 57.71%1992: 0%1994: 0%1996: 0%1998: 0%2000: 0%2002: 0%2004: 0%2006: 0%2008: 0%2010: 0%2012: 50.75%2014: 64.1%2016: 41.39%2018: 54.63%2020: 26.09%2022: 27.9%2024: 26.24%2025: 25.01%
Change over the period: −23.57 pp Annual average: -0.36 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Venezuela

Venezuela 25.01%
World 68.49%
South America computed 39.35%
Trade openness — Venezuela, by year Venezuela All countries CSV XLSX
Year % Change, pp
2025 25.01 −1.23 pp
2024 26.24 −1.86 pp
2023 28.09 +0.2 pp
2022 27.9 −1.33 pp
2021 29.23 +3.14 pp
2020 26.09 −32.04 pp
2019 58.13 +3.5 pp
2018 54.63 +12.02 pp
2017 42.61 +1.22 pp
2016 41.39 −18.98 pp
2015 60.38 −3.72 pp
2014 64.1 +1.51 pp
2013 62.58 +11.83 pp
2012 50.75 +50.75 pp
2011 0 +0 pp
2010 0 +0 pp
2009 0 +0 pp
2008 0 +0 pp
2007 0 +0 pp
2006 0 +0 pp
2005 0 +0 pp
2004 0 +0 pp
2003 0 +0 pp
2002 0 +0 pp
2001 0 +0 pp
2000 0 +0 pp
1999 0 +0 pp
1998 0 +0 pp
1997 0 +0 pp
1996 0 +0 pp
1995 0 +0 pp
1994 0 +0 pp
1993 0 +0 pp
1992 0 +0 pp
1991 0 −57.71 pp
1990 57.71 +4.28 pp
1989 53.43 +7.06 pp
1988 46.37 +4.07 pp
1987 42.31 +3.3 pp
1986 39 −0.44 pp
1985 39.44 −3.17 pp
1984 42.61 +6.9 pp
1983 35.71 −17.35 pp
1982 53.06 −2.35 pp
1981 55.41 −1.96 pp
1980 57.37 −0.95 pp
1979 58.32 −3.04 pp
1978 61.36 −0.79 pp
1977 62.15 +3.56 pp
1976 58.59 +0.74 pp
1975 57.85 −3.63 pp
1974 61.48 +13.65 pp
1973 47.82 +4.55 pp
1972 43.27 −0.93 pp
1971 44.2 +2.16 pp
1970 42.04 −2.29 pp
1969 44.33 −0.46 pp
1968 44.79 +0.15 pp
1967 44.64 −0.18 pp
1966 44.81 −3.41 pp
1965 48.22 +0.06 pp
1964 48.16 +0.94 pp
1963 47.22 −2.35 pp
1962 49.58 +0.92 pp
1961 48.66 +0.07 pp
1960 48.58

South America, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

Source: World Development Indicators (World Bank), license CC BY 4.0.