Food, beverages and tobacco in Venezuela
Venezuela: Food, beverages and tobacco was 22.0% in 1998. ▼ Falling
Food, beverages and tobacco in Venezuela, 1963–1998
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
Venezuela recorded 22.0% for food, beverages and tobacco in 1998.
Compared with earlier readings it is up 222.1% on the previous year and down 0.8% over ten years.
Over the whole period, food, beverages and tobacco in Venezuela peaked at 34.3% in 1969 and was at its lowest, 6.8%, in 1997.
That places Venezuela 94th out of 157 countries with data for 1998, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Food, beverages and tobacco in Venezuela, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 27.8% | — |
| 1965 | 28.2% | +1.3% |
| 1967 | 27.6% | -2.0% |
| 1968 | 29.5% | +6.8% |
| 1969 | 34.3% | +16.4% |
| 1970 | 30.1% | -12.3% |
| 1971 | 29.0% | -3.9% |
| 1972 | 30.5% | +5.4% |
| 1973 | 31.7% | +3.9% |
| 1974 | 23.7% | -25.2% |
| 1975 | 21.2% | -10.7% |
| 1976 | 17.2% | -18.7% |
| 1977 | 17.8% | +3.3% |
| 1978 | 19.0% | +6.9% |
| 1979 | 18.2% | -4.5% |
| 1980 | 19.3% | +6.0% |
| 1981 | 21.6% | +12.2% |
| 1982 | 23.3% | +7.9% |
| 1983 | 24.7% | +5.8% |
| 1984 | 20.0% | -19.0% |
| 1985 | 21.5% | +7.6% |
| 1986 | 22.6% | +5.1% |
| 1987 | 20.7% | -8.5% |
| 1988 | 22.2% | +7.2% |
| 1989 | 19.2% | -13.6% |
| 1990 | 17.0% | -11.6% |
| 1991 | 20.7% | +22.3% |
| 1992 | 21.6% | +4.3% |
| 1993 | 22.4% | +3.3% |
| 1994 | 21.8% | -2.6% |
| 1995 | 20.4% | -6.3% |
| 1996 | 23.4% | +14.6% |
| 1997 | 6.8% | -70.7% |
| 1998 | 22.0% | +222.1% |
Venezuela compared with similar countries
- Venezuela's 22.0% is below the median for lower middle income countries, which is 34.6%, 64% of the median. (33 countries reporting)
- Venezuela's 22.0% is below the median for Latin America & Caribbean, which is 39.6%, 56% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Food, beverages and tobacco in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +222.1% | 6.8% | 22.0% |
| 1997 | -70.7% | 23.4% | 6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 29.5% | 27.6% | 34.3% | 5 |
| 1970s | 23.8% | 17.2% | 31.7% | 10 |
| 1980s | 21.5% | 19.2% | 24.7% | 10 |
| 1990s | 19.6% | 6.8% | 23.4% | 9 |
Countries ranked near Venezuela
More economy & growth data for Venezuela
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0216 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 91.64 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -99.45 % change on previous year (2023)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0135 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 57.47 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -3.51 % change on previous year (2017)
Frequently asked questions
- What is food, beverages and tobacco in Venezuela?
- Food, beverages and tobacco in Venezuela was 22.0% in 1998, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest food, beverages and tobacco recorded in Venezuela?
- The highest recorded value was 34.3% in 1969.
- What is the lowest food, beverages and tobacco recorded in Venezuela?
- The lowest recorded value was 6.8% in 1997.
- How does Venezuela rank for food, beverages and tobacco?
- Venezuela ranks 94th out of 157 countries with data for 1998.
- Is food, beverages and tobacco rising or falling in Venezuela?
- Over the last ten years it is down 0.8%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Food, beverages and tobacco (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
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About this data
Manufacturing of food, beverages, and tobacco includes industries classified in ISIC (Rev. 3) divisions 15 and 16. 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 as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).