Libya vs Venezuela: Manufacturing, value added
Manufacturing, value added over time
- Libya
- Venezuela
How they compare
Venezuela currently reports -7.2% against -9.0% in Libya, a difference of 1.8%.
The two have swapped places 2 times across 8 shared years of data; in 2007 it was Libya ahead.
Libya ranks 183rd and Venezuela ranks 182nd of 190 countries.
Across the 2 decades both report, Libya averaged higher in 1 and Venezuela in 1.
Head to head by decade
| Decade | Libya | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.0% | -4.1% | 8.1% | Libya |
| 2010s | -1.6% | -1.1% | 0.6% | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Libya or Venezuela?
- Venezuela, at -7.2% against -9.0% in Libya as of 2014.
- What is the difference in manufacturing, value added between Libya and Venezuela?
- 1.8%, with Venezuela ahead.
- How many years of comparable data are there for Libya and Venezuela?
- 8 years are reported by both, from 2007 to 2014.
- How do Libya and Venezuela rank globally for manufacturing, value added?
- Libya ranks 183rd and Venezuela 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.