Azerbaijan vs Venezuela, Bolivarian Republic of: Industry (including construction), value added
Industry (including construction), value added over time
- Azerbaijan
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 17.92 billion constant LCU against 16.50 billion constant LCU in Azerbaijan, a difference of 1.42 billion constant LCU.
That makes Venezuela, Bolivarian Republic of's figure about 1.1 times Azerbaijan's.
The two have swapped places 3 times across 23 shared years of data; in 1992 it was Venezuela, Bolivarian Republic of ahead.
Azerbaijan ranks 138th and Venezuela, Bolivarian Republic of ranks 137th of 198 countries.
Venezuela, Bolivarian Republic of has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Azerbaijan | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.59 billion constant LCU | 16.62 billion constant LCU | 13.03 billion constant LCU | Venezuela, Bolivarian Republic of |
| 2000s | 8.75 billion constant LCU | 16.74 billion constant LCU | 7.98 billion constant LCU | Venezuela, Bolivarian Republic of |
| 2010s | 18.20 billion constant LCU | 18.41 billion constant LCU | 216.38 million constant LCU | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Azerbaijan or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 17.92 billion constant LCU against 16.50 billion constant LCU in Azerbaijan as of 2014.
- What is the difference in industry (including construction), value added between Azerbaijan and Venezuela, Bolivarian Republic of?
- 1.42 billion constant LCU, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Azerbaijan and Venezuela, Bolivarian Republic of?
- 23 years are reported by both, from 1992 to 2014.
- How do Azerbaijan and Venezuela, Bolivarian Republic of rank globally for industry (including construction), value added?
- Azerbaijan ranks 138th and Venezuela, Bolivarian Republic of ranks 137th of 198 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.