Trinidad and Tobago vs Venezuela: Chemicals
Chemicals over time
- Trinidad and Tobago
- Venezuela
How they compare
Trinidad and Tobago currently reports 38.7% against 34.3% in Venezuela, a difference of 4.4%.
That makes Trinidad and Tobago's figure about 1.1 times Venezuela's.
The two have swapped places 2 times across 31 shared years of data; in 1967 it was Venezuela ahead.
Trinidad and Tobago ranks 4th and Venezuela ranks 5th of 153 countries.
Across the 4 decades both report, Trinidad and Tobago averaged higher in 1 and Venezuela in 3.
Head to head by decade
| Decade | Trinidad and Tobago | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1.6% | 8.7% | 7.1% | Venezuela |
| 1970s | 2.9% | 8.6% | 5.7% | Venezuela |
| 1980s | 6.1% | 10.0% | 4.0% | Venezuela |
| 1990s | 27.4% | 14.0% | 13.4% | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher chemicals, Trinidad and Tobago or Venezuela?
- Trinidad and Tobago, at 38.7% against 34.3% in Venezuela as of 2006.
- What is the difference in chemicals between Trinidad and Tobago and Venezuela?
- 4.4%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Trinidad and Tobago and Venezuela?
- 31 years are reported by both, from 1967 to 1998.
- How do Trinidad and Tobago and Venezuela rank globally for chemicals?
- Trinidad and Tobago ranks 4th and Venezuela ranks 5th of 153 countries.
- Where does this data come from?
- International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as Chemicals (% of value added in manufacturing). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Manufacturing of chemicals and chemical products includes industries classified in ISIC (Rev. 3) division 24. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).