Macao vs Venezuela: Industry (including construction), value added (constant LCU)
Industry (including construction), value added (constant LCU) over time
- Macao
- Venezuela
How they compare
Macao currently reports 18.79 billion constant LCU against 17.92 billion constant LCU in Venezuela, a difference of 863.50 million constant LCU.
Across all 7 years both countries report, Macao has been ahead every year.
Macao ranks 136th and Venezuela ranks 137th of 200 countries.
Macao has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Macao | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 28.61 billion constant LCU | 18.82 billion constant LCU | 9.80 billion constant LCU | Macao |
| 2010s | 21.85 billion constant LCU | 18.41 billion constant LCU | 3.43 billion constant LCU | Macao |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Macao or Venezuela?
- Macao, at 18.79 billion constant LCU against 17.92 billion constant LCU in Venezuela as of 2024.
- What is the difference in industry (including construction), value added between Macao and Venezuela?
- 863.50 million constant LCU, with Macao ahead.
- How many years of comparable data are there for Macao and Venezuela?
- 7 years are reported by both, from 2008 to 2014.
- How do Macao and Venezuela rank globally for industry (including construction), value added?
- Macao ranks 136th and Venezuela ranks 137th of 200 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.
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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.