Papua New Guinea vs Venezuela: Services, value added
Services, value added over time
- Papua New Guinea
- Venezuela
How they compare
Papua New Guinea currently reports 32.50 billion constant LCU against 31.03 billion constant LCU in Venezuela, a difference of 1.46 billion constant LCU.
Across all 9 years both countries report, Venezuela has been ahead every year.
Papua New Guinea ranks 143rd and Venezuela ranks 145th of 197 countries.
Venezuela has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.79 billion constant LCU | 22.40 billion constant LCU | 5.61 billion constant LCU | Venezuela |
| 2010s | 22.66 billion constant LCU | 28.02 billion constant LCU | 5.36 billion constant LCU | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Papua New Guinea or Venezuela?
- Papua New Guinea, at 32.50 billion constant LCU against 31.03 billion constant LCU in Venezuela as of 2024.
- What is the difference in services, value added between Papua New Guinea and Venezuela?
- 1.46 billion constant LCU, with Papua New Guinea ahead.
- How many years of comparable data are there for Papua New Guinea and Venezuela?
- 9 years are reported by both, from 2006 to 2014.
- How do Papua New Guinea and Venezuela rank globally for services, value added?
- Papua New Guinea ranks 143rd and Venezuela ranks 145th of 197 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.