Georgia vs Venezuela: Manufacturing, value added (constant LCU)
Manufacturing, value added (constant LCU) over time
- Georgia
- Venezuela
How they compare
Venezuela currently reports 6.95 billion constant LCU against 5.58 billion constant LCU in Georgia, a difference of 1.37 billion constant LCU.
That makes Venezuela's figure about 1.2 times Georgia's.
Across all 12 years both countries report, Venezuela has been ahead every year.
Georgia ranks 133rd and Venezuela ranks 131st of 192 countries.
Venezuela has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Georgia | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.94 billion constant LCU | 7.63 billion constant LCU | 4.68 billion constant LCU | Venezuela |
| 2010s | 3.83 billion constant LCU | 7.28 billion constant LCU | 3.45 billion constant LCU | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Georgia or Venezuela?
- Venezuela, at 6.95 billion constant LCU against 5.58 billion constant LCU in Georgia as of 2014.
- What is the difference in manufacturing, value added between Georgia and Venezuela?
- 1.37 billion constant LCU, with Venezuela ahead.
- How many years of comparable data are there for Georgia and Venezuela?
- 12 years are reported by both, from 2003 to 2014.
- How do Georgia and Venezuela rank globally for manufacturing, value added?
- Georgia ranks 133rd and Venezuela ranks 131st of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (constant LCU). 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 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.