Cuba vs Venezuela, Bolivarian Republic of: Manufacturing, value added
Manufacturing, value added over time
- Cuba
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports -7.2% against -10.1% in Cuba, a difference of 2.9%.
The two have swapped places 22 times across 44 shared years of data; in 1971 it was Cuba ahead.
Cuba ranks 185th and Venezuela, Bolivarian Republic of ranks 182nd of 190 countries.
Across the 5 decades both report, Cuba averaged higher in 3 and Venezuela, Bolivarian Republic of in 2.
Head to head by decade
| Decade | Cuba | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 5.4% | 5.7% | 0.3% | Venezuela, Bolivarian Republic of |
| 1980s | 3.8% | 0.5% | 3.3% | Cuba |
| 1990s | -1.5% | 5.3% | 6.8% | Venezuela, Bolivarian Republic of |
| 2000s | 3.5% | 0.9% | 2.6% | Cuba |
| 2010s | 1.1% | -1.1% | 2.2% | Cuba |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Cuba or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at -7.2% against -10.1% in Cuba as of 2014.
- What is the difference in manufacturing, value added between Cuba and Venezuela, Bolivarian Republic of?
- 2.9%, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Cuba and Venezuela, Bolivarian Republic of?
- 44 years are reported by both, from 1971 to 2014.
- How do Cuba and Venezuela, Bolivarian Republic of rank globally for manufacturing, value added?
- Cuba ranks 185th and Venezuela, Bolivarian Republic of ranks 182nd of 190 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.