Industry (including construction) … constant rate annual growth in Venezuela
Venezuela: Industry (including construction) … constant rate annual growth was -5.84 % change on previous year in 2014. ◆ Volatile
Industry (including construction), value added (constant LCU), annual in Venezuela, 1969–2014
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2014, industry (including construction), value added (constant lcu), annual in Venezuela stood at -5.84 % change on previous year.
Compared with earlier readings it is down 1,304.8% on the previous year and down 133.2% over ten years.
Over the whole period, industry (including construction), value added (constant lcu), annual in Venezuela peaked at 18.57 % change on previous year in 1984 and was at its lowest, -14.86 % change on previous year, in 1989.
Venezuela ranks 189th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction) … constant rate annual growth in Venezuela, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1969 | -3.91 % change on previous year | — |
| 1970 | 12.87 % change on previous year | -429.1% |
| 1971 | -0.7992 % change on previous year | -106.2% |
| 1972 | -1.68 % change on previous year | +110.2% |
| 1973 | 7.78 % change on previous year | -563.5% |
| 1974 | -3.68 % change on previous year | -147.3% |
| 1975 | -7.69 % change on previous year | +109.0% |
| 1976 | 5.87 % change on previous year | -176.4% |
| 1977 | 4.14 % change on previous year | -29.5% |
| 1978 | 4.02 % change on previous year | -2.9% |
| 1979 | 2.06 % change on previous year | -48.8% |
| 1980 | -5.09 % change on previous year | -346.9% |
| 1981 | -2.82 % change on previous year | -44.7% |
| 1982 | 0.4079 % change on previous year | -114.5% |
| 1983 | -14.03 % change on previous year | -3539.3% |
| 1984 | 18.57 % change on previous year | -232.4% |
| 1985 | -0.3595 % change on previous year | -101.9% |
| 1986 | 7.13 % change on previous year | -2083.3% |
| 1987 | 5.04 % change on previous year | -29.3% |
| 1988 | 7.11 % change on previous year | +41.0% |
| 1989 | -14.86 % change on previous year | -309.0% |
| 1990 | 10.33 % change on previous year | -169.5% |
| 1991 | 11.43 % change on previous year | +10.7% |
| 1992 | 6.33 % change on previous year | -44.6% |
| 1993 | 2.08 % change on previous year | -67.2% |
| 1994 | -1.33 % change on previous year | -163.9% |
| 1995 | 5.39 % change on previous year | -506.4% |
| 1996 | 2.29 % change on previous year | -57.5% |
| 1997 | -2.4 % change on previous year | -204.7% |
| 1998 | -0.3088 % change on previous year | -87.1% |
| 1999 | -8.35 % change on previous year | +2604.0% |
| 2000 | 3.83 % change on previous year | -145.9% |
| 2001 | 3.2 % change on previous year | -16.5% |
| 2002 | -11.82 % change on previous year | -469.3% |
| 2003 | -9.79 % change on previous year | -17.2% |
| 2004 | 17.61 % change on previous year | -279.8% |
| 2005 | 6.79 % change on previous year | -61.4% |
| 2006 | 7.07 % change on previous year | +4.1% |
| 2007 | 4.13 % change on previous year | -41.6% |
| 2008 | 3.68 % change on previous year | -11.0% |
| 2009 | -4.96 % change on previous year | -234.8% |
| 2010 | -3.36 % change on previous year | -32.3% |
| 2011 | 3.05 % change on previous year | -190.9% |
| 2012 | 4.67 % change on previous year | +52.8% |
| 2013 | -0.4159 % change on previous year | -108.9% |
| 2014 | -5.84 % change on previous year | +1304.8% |
Venezuela compared with similar countries
- Venezuela's -5.84 % change on previous year is below the median for lower middle income countries, which is 4.7 % change on previous year. (47 countries reporting)
- Venezuela's -5.84 % change on previous year is below the median for Latin America & Caribbean, which is 2.03 % change on previous year. (37 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction) … constant rate annual growth 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 |
|---|---|---|---|
| 1983 | -3539.3% | 0.4079 % change on previous year | -14.03 % change on previous year |
| 1999 | -2604.0% | -0.3088 % change on previous year | -8.35 % change on previous year |
| 1986 | +2083.3% | -0.3595 % change on previous year | 7.13 % change on previous year |
| 2014 | -1304.8% | -0.4159 % change on previous year | -5.84 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -3.91 % change on previous year | -3.91 % change on previous year | -3.91 % change on previous year | 1 |
| 1970s | 2.29 % change on previous year | -7.69 % change on previous year | 12.87 % change on previous year | 10 |
| 1980s | 0.1105 % change on previous year | -14.86 % change on previous year | 18.57 % change on previous year | 10 |
| 1990s | 2.55 % change on previous year | -8.35 % change on previous year | 11.43 % change on previous year | 10 |
| 2000s | 1.97 % change on previous year | -11.82 % change on previous year | 17.61 % change on previous year | 10 |
| 2010s | -0.38 % change on previous year | -5.84 % change on previous year | 4.67 % change on previous year | 5 |
Countries ranked near Venezuela
- 186 Luxembourg -4.81 % change on previous year compare
- 187 Hong Kong -4.99 % change on previous year compare
- 188 Haiti -5.11 % change on previous year compare
- 190 Lebanon -5.85 % change on previous year compare
- 191 Macao -6.04 % change on previous year compare
- 192 Iraq -6.48 % change on previous year compare
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)
- SDRs holdings, US dollar, annual growth rate 2.6 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0458 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 159.96 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.29 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0334 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 116.8 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0477 units per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added (constant lcu), annual in Venezuela?
- Industry (including construction), value added (constant lcu), annual in Venezuela was -5.84 % change on previous year in 2014, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), annual recorded in Venezuela?
- The highest recorded value was 18.57 % change on previous year in 1984.
- What is the lowest industry (including construction), value added (constant lcu), annual recorded in Venezuela?
- The lowest recorded value was -14.86 % change on previous year in 1989.
- How does Venezuela rank for industry (including construction), value added (constant lcu), annual?
- Venezuela ranks 189th out of 197 countries with data for 2014.
- Is industry (including construction), value added (constant lcu), annual rising or falling in Venezuela?
- Over the last ten years it is down 133.2%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Industry (including construction), value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.